Selling Small WI Interest in Upton


#1

Hello. I’ve inherited a small WI in the W/2 of the SW/4 of Section 30, Block 37, T5S in Upton County that I would like to sell. I’m curious about what the going rate in Northern Upton currently is and who is actively buying?
So far, I’ve learned that I own only the depths below the Clear Fork and Dean formations, so the depths below 9100’ which seems to be the range for Horizontals in the Wolfcamp. I’ve also learned that an operator has recently issued permits for 4 new horizontals in another tract close to my interest, so I was thinking that was a good indicator for the value in this area. If anyone has an estimate about what the Wolfcamp depths are going for these days, I’d really appreciate some feedback on what a good offer is, as we are motivated to sell. Thanks.
-John


#2

I may be able to help you get the best price for this. Whats the best way to contact you?