# Sell mineral rights- Section 173, Block 34
**URL:** https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830
**Category:** Ward County, TX
**Created:** [December 8, 2019, 8:04pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830 "2019-12-08T20:04:45Z")
**Posts on this page:** 17
**Page:** 1
### Author:  [@bbcoach](https://www.mineralrightsforum.com/u/bbcoach)
#### Post date: [December 8, 2019, 8:04pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/1 "2019-12-08T20:04:45Z")
I am interested in selling my mineral rights in a property that has several producing wells. The wells are located in Section 173, Block 34, Ward County. Any suggestions as to how I would secure the best price?
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### Author:  [@TomHorn](https://www.mineralrightsforum.com/u/TomHorn)
#### Post date: [December 8, 2019, 10:01pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/2 "2019-12-08T22:01:58Z")
Dorchester Minerals L.P. will be hard to beat. Not many are seeking to drill BoneSpring Wells in Ward. I saw one new in Winkler. The hot part is the southern Delaware. DMLP will snap up your mineral rights for shares, then sell the shares if you don’t like the 10% div.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [December 9, 2019, 4:29pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/3 "2019-12-09T16:29:44Z")
What’s the interest listed under for production purposes? Jenelle Mitchell?
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### Author:  [@bbcoach](https://www.mineralrightsforum.com/u/bbcoach)
#### Post date: [December 9, 2019, 4:44pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/4 "2019-12-09T16:44:00Z")
Yes. This is the correct name.
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### Author:  [@vaok](https://www.mineralrightsforum.com/u/vaok)
#### Post date: [December 9, 2019, 5:44pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/5 "2019-12-09T17:44:48Z")
John, whatever you do DO NOT take this advice and go with Dorchester.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [December 9, 2019, 5:51pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/6 "2019-12-09T17:51:00Z")
Just curious, what’s the problem with them?
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### Author:  [@vaok](https://www.mineralrightsforum.com/u/vaok)
#### Post date: [December 9, 2019, 6:09pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/7 "2019-12-09T18:09:54Z")
Nothing wrong with Dorchester, I guess I should’ve worded that differently it does seem malicious. I’ve never heard anybody saying anything negative about them but they like to do their deals in a manner that makes a lot of people uncomfortable. Trading equity for minerals, no direct payment, extremely long order of payments, etc.
For someone like me, I like it straight up. PSA & a mineral deed, then hand me my check. Not a fan of doing business that way.
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### Author:  [@vaok](https://www.mineralrightsforum.com/u/vaok)
#### Post date: [December 9, 2019, 6:10pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/8 "2019-12-09T18:10:44Z")
Honestly you’ll probably receive a lot of attention through this post. If it were me, I would shop it around to everyone that reaches out to you and see what the offers are in the area. A lot of people don’t like the idea of going through a broker, but in your situation it might be beneficial. Although they get a chunk off the top, they’re also going to be able to shop your minerals way more efficiently and get you the best possible price.
I would recommend a brokerage, but unfortunately the only one I know/trust working in Ward is no longer in business.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [December 9, 2019, 6:17pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/9 "2019-12-09T18:17:32Z")
Judging by the heavy development that has already occurred, I doubt people are flocking to purchase this for anything other than a PDP cash flow deal based on current production. Would you agree?
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### Author:  [@TomHorn](https://www.mineralrightsforum.com/u/TomHorn)
#### Post date: [December 9, 2019, 6:35pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/10 "2019-12-09T18:35:40Z")
It has three Bone Spring formations on it and maybe one of their WC ones has some sandstone in it. Saturn Oil & Gas of Calgary has been drilling extended reach horizontals for $988K on average for extended reach wells. So if you can get a well drilled on it for UNDER $750K… why would you ever wish to sell it? I think it’s going to change the entire drilling community once the majority of sandstone drills are completed with just a screen out of the heel.
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### Author:  [@vaok](https://www.mineralrightsforum.com/u/vaok)
#### Post date: [December 9, 2019, 7:06pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/11 "2019-12-09T19:06:21Z")
I would say so, yes.
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### Author:  [@richard\_segura](https://www.mineralrightsforum.com/u/richard_segura)
#### Post date: [December 10, 2019, 9:28pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/12 "2019-12-10T21:28:43Z")
Is this acreage near Barstow?
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### Author:  [@bbcoach](https://www.mineralrightsforum.com/u/bbcoach)
#### Post date: [December 13, 2019, 12:12am UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/13 "2019-12-13T00:12:32Z")
Yes - within a mile or so of Barstow…
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### Author:  [@vaok](https://www.mineralrightsforum.com/u/vaok)
#### Post date: [December 16, 2019, 9:04pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/14 "2019-12-16T21:04:36Z")
Be cautious as to asking questions like this. In this industry, being “near” something (town, unit, etc.) does not really mean anything. A 1/4 mile can be the difference in your minerals being worth 20k per acre and 2k. While it is not always this drastic of a difference, my point is that general location does not matter; two neighboring units can have very different values.
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### Author:  [@richard\_segura](https://www.mineralrightsforum.com/u/richard_segura)
#### Post date: [December 16, 2019, 9:31pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/15 "2019-12-16T21:31:03Z")
The owner already gave away the exact location. I have been in the mineral business for 40 years, and so I did not ask about values. I know the difference between a rich oil man and a poor oil man - a 40 acre lease.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [December 18, 2019, 3:45pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/16 "2019-12-18T15:45:17Z")
Interesting. A simple RRC map search would’ve gotten you an answer much quicker.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 4:52pm UTC](https://www.mineralrightsforum.com/t/sell-mineral-rights-section-173-block-34/53830/17 "2025-01-11T16:52:18Z")