# They sent an offer to BUY my mineral rights
**URL:** https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628
**Category:** Borden County, TX
**Created:** [March 27, 2022, 12:33am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628 "2022-03-27T00:33:46Z")
**Posts on this page:** 14
**Page:** 1
### Author:  [@Mary\_Jones](https://www.mineralrightsforum.com/u/Mary_Jones)
#### Post date: [March 27, 2022, 12:33am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/1 "2022-03-27T00:33:46Z")
Ref. Copperhead Resources, LLC, a Midland, Texas company doing leases in Borden County.
Who are they? What is the word on the street? Not lease, but buy. This has been in my family for over 100 years.
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [March 27, 2022, 2:02am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/2 "2022-03-27T02:02:50Z")
Hello Mary… possibly some activity in the area of your minerals or someone knows that the possibility of drilling is going to happen in that area. If you will tell us the Section, Block and/or Abstract #, someone on the Forum can check and see if there is activity in the area.
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### Author:  [@Mary\_Jones](https://www.mineralrightsforum.com/u/Mary_Jones)
#### Post date: [April 2, 2022, 8:50pm UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/3 "2022-04-02T20:50:33Z")
Mineral interest covering the “SW/4 of Section 81, Block 20, Lavaca Navigation Co. Survey, Borden County, Texas, containing 160.0 acres more or less.”
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [April 3, 2022, 12:12am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/4 "2022-04-03T00:12:57Z")
Mary I see where a dry hole was drilled in 1996 by Trio Operating… I see no new activity in the area at this time…
[http://webapps2.rrc.texas.gov/EWA/drillingPermitDetailAction.do?methodToCall=searchByUniversalDocNo&universalDocNo=506909&rrcActionMan=H4sIAAAAAAAAAL1Qu27DMAz8mnQU9LCNLByMop3bJmgGI4NiC4oA2TIoOW0BfXxpFwVSp3Mm8Y6n45FZcA4yCy5APCC2dZtcGN5a7Bp-hIX\_MCc9jlEyarNkPnVkNlw2qt5y6kvYyOenQ02lmssOnfdusC8Ge5fi62Tw68eUdYFEBfQmnUO3D4\_aeyJKQJMmHPZhZzS2Z6K2wG-yNHHp1mgjGzXq\_l37ySwRKQNXSomqqGZUwslYN8SDS7MZuf3BQq7wtX41VtzrBPF39QpGbQ1erfjvPcSxWevmqCCyBMGzoqIAnkt6KyJuf9\_lmt–0BvUXQIAAA](http://webapps2.rrc.texas.gov/EWA/drillingPermitDetailAction.do?methodToCall=searchByUniversalDocNo&universalDocNo=506909&rrcActionMan=H4sIAAAAAAAAAL1Qu27DMAz8mnQU9LCNLByMop3bJmgGI4NiC4oA2TIoOW0BfXxpFwVSp3Mm8Y6n45FZcA4yCy5APCC2dZtcGN5a7Bp-hIX_MCc9jlEyarNkPnVkNlw2qt5y6kvYyOenQ02lmssOnfdusC8Ge5fi62Tw68eUdYFEBfQmnUO3D4_aeyJKQJMmHPZhZzS2Z6K2wG-yNHHp1mgjGzXq_l37ySwRKQNXSomqqGZUwslYN8SDS7MZuf3BQq7wtX41VtzrBPF39QpGbQ1erfjvPcSxWevmqCCyBMGzoqIAnkt6KyJuf9_lmt--0BvUXQIAAA)
LEFT CLICK ON MAP TO ENLARGE
S/W 4 is where the check mark is
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### Author:  [@Dusty1](https://www.mineralrightsforum.com/u/Dusty1)
#### Post date: [April 3, 2022, 3:44am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/5 "2022-04-03T03:44:09Z")
Mary, below are a couple of views of the current Railroad Commission map of your section. It doesn’t show any recent activity nearby, just previous vertical dry holes and one well that was previously producing in Section 81 but was plugged in 2012.
In the map showing the wider area view, the group of horizontal wells about 3 miles southwest of you is the only thing I see possibly sparking new interest in your area. The wells completed there haven’t been particularly strong producers, but the operator, HighPeak Energy, apparently was motivated enough by what they saw in those first ones to file permit applications for two more horizontals in the last 45 days.
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### Author:  [@Alex9732](https://www.mineralrightsforum.com/u/Alex9732)
#### Post date: [April 4, 2022, 11:54am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/6 "2022-04-04T11:54:03Z")
The unconventional development is coming to your tract. Both the Wolfcamp and Lower Spraberry are productive there. You should not sell it cheaply now. In a year or two, the price per mineral acre may be over $10K.
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### Author:  [@PermianResearch](https://www.mineralrightsforum.com/u/PermianResearch)
#### Post date: [April 4, 2022, 2:18pm UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/7 "2022-04-04T14:18:11Z")
If that tract fetches $10k/nma, I will eat a shoe.
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### Author:  [@Alex9732](https://www.mineralrightsforum.com/u/Alex9732)
#### Post date: [April 4, 2022, 2:48pm UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/8 "2022-04-04T14:48:19Z")
You should check out the production from the nearest 3 Wolfcamp HZ wells, then you will understand what I talked about.
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### Author:  [@PermianResearch](https://www.mineralrightsforum.com/u/PermianResearch)
#### Post date: [April 4, 2022, 4:15pm UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/9 "2022-04-04T16:15:54Z")
I’m curious how you came up with that valuation. Those wells are good, but I’d be very hesitant to make a claim that the geology is uniform across this area. This tract is very close to the shelf. I own all over this area and am not naive to the fact that those formations you mentioned thin out the further east you go.
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### Author:  [@Alex9732](https://www.mineralrightsforum.com/u/Alex9732)
#### Post date: [April 5, 2022, 1:47am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/10 "2022-04-05T01:47:04Z")
Well cross-sections show that the Wolfcamp formation is pretty flat (maybe 1 to 2 degree dipping to the west) and has about 250’ gross thickness with good oil saturation (high resistivity).
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [April 6, 2022, 6:11pm UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/11 "2022-04-06T18:11:42Z")
Hello, Alex9732. Do you know what Oxy was up to a couple of years ago with its leasing of a number of sections as shown in the [Any Oxy Updates?](https://www.mineralrightsforum.com/t/any-oxy-updates/63001) thread?
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### Author:  [@Douglas\_D\_McLallen](https://www.mineralrightsforum.com/u/Douglas_D_McLallen)
#### Post date: [May 17, 2022, 1:37am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/12 "2022-05-17T01:37:58Z")
Permits only look, several High Peak Rigs on location. I’ll defer to the geologists as to what the formation does headed East/Northeast towards you.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [June 25, 2022, 12:34am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/13 "2022-06-25T00:34:37Z")
This topic was automatically closed after 90 days. New replies are no longer allowed.
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [September 12, 2023, 11:02am UTC](https://www.mineralrightsforum.com/t/they-sent-an-offer-to-buy-my-mineral-rights/65628/14 "2023-09-12T11:02:56Z")
Hello, PermianResearch. Do you know what Oxy was up to a couple of years ago with its leasing of a number of sections as shown in the [Any Oxy Updates?](https://www.mineralrightsforum.com/t/any-oxy-updates/63001) thread?