# T8 block 52 sec 23 24 26 and 298
**URL:** https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650
**Category:** Reeves County, TX
**Created:** [March 3, 2018, 9:11pm UTC](https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650 "2018-03-03T21:11:04Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Keith\_Foshee](https://www.mineralrightsforum.com/u/Keith_Foshee)
#### Post date: [March 3, 2018, 9:11pm UTC](https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650/1 "2018-03-03T21:11:04Z")
My family has non executive royalty on these sections. There is production. We have had dozens of offers to sell. But the offers just keep on going up in value. In small increments. In January of 2018 we received an offer for about 6500 Nma. About a week ago another came in at 20,000$ nma. I am just wondering if anyone could explain such a large increase in the offered amount?
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### Author:  [@Marcus\_T](https://www.mineralrightsforum.com/u/Marcus_T)
#### Post date: [March 3, 2018, 10:09pm UTC](https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650/2 "2018-03-03T22:09:00Z")
NBL Permian has 8 horizontals permitted across Section 23 and drilling has commenced on 3 of them. I’m sure the rest will be spud soon as the rig appears to be working west-to-east across the permits. The other sections you listed don’t have any horizontal action yet but having 8 across one makes up for that. Offers always go up once a permit is filed and especially once drilling begins. Congrats on your upcoming royalties!
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### Author:  [@Keith\_Foshee](https://www.mineralrightsforum.com/u/Keith_Foshee)
#### Post date: [March 4, 2018, 3:03am UTC](https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650/3 "2018-03-04T03:03:27Z")
Ah, that seems logical. Just riding the storm out. Thank you for the insight.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:09pm UTC](https://www.mineralrightsforum.com/t/t8-block-52-sec-23-24-26-and-298/25650/4 "2025-01-11T17:09:59Z")