I think I might what to sell my share of land left to me years ago. Land is located in Reeves County. It looks like I share the acreage with tons of others. I have been told that I have the equivalent of 7 Net mineral acres. There are a few leases on the land. I am being bombarded with cold call offers to sell lease or parts of lease. I have no idea where or how to proceed to see if this is doable. Lawyer first? Real Estate Agent? Any guidance would be appreciated.
Thank you.
Hello there. What Blk and sec are you located in?
Find out what activity is going on first. If you are getting lots of cold calls, likely that drilling is about to begin and you would make more money off of a good lease and royalties than you would off of a sale. They buyers expect to make a profit off of buying minerals. The more offers you are getting, the more other folks know that you do not. Your choice depends upon your own personal situation and whether you are willing to wait a few months to see what happens. You will make bonus money off a lease and then if a productive well(s) are drilled then royalties for years.
The surface would go through a real estate agent, but be very careful about the wording on the sale agreement if you want to retain your mineral rights.
Reeves is a very hot county right now with over 1000 permits. Most for multiunit horizontal wells.
Suggest that you get a good attorney to help you with your decision.
Another factor to consider is the capital gains tax that often goes with a sale. You had a basis value when you inherited and if you sell, you may be taxed on the difference between that basis and the sales price profit.
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I am one of the property owners of this tract-
LEGAL DESCRIPTION PROP ID: R000000722 BLK: 13, TRACT: 39, AB 464 BLK 13 SEC 39H&GN GEOID: 01000-00645-00000-000000 NW/4 ACRES: 73.340
I have heard nothing about the property for a couple of years. ( since 2024)
How can I find out about any activity regarding the property? I have no direct communication with the other owners. I own. 20 AC minerals and about 15 dirt.
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Another interesting point that is not really discussed is the arrival of Data Centers that are taking shape in Reeves County which based on your Blk and sec is a good 20 min away. Project Kilby is a 6.5 billion dollar project in Pecos.On this site the topics are on minerals and some surface. What is appearing to take shape is how new Data Centers will impact landowners in this area especially Reeves and will potentially create a whole new revenue for landowners with surface and mineral rights. Once the Data Centers goes into construction it will create an entire ecosystem of business to the surrounding areas as well.Also it will bring in thousands of employees and businesses to support them. It’s not discussed in this forum I believe because it’s new to everyone which is understandable. But it might be wise if possible to hold on to land in Reeves county. Those data centers will need water and gas pipelines to cool down those campuses. They ll need ROW agreements with landowners to do that in the surrounding area. It is slowly looking like surface landowners in the Delaware Basin may become as lucrative as mineral owners that own minerals. .
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Why on Earth would you want to sell? What you’d get for selling now would be pennies compared to possible future income from a well! There’s a reason why all those companies are knocking on your door wanting to buy. Hang in there, don’t cave in. My brothers and I are in a similar situation in OK, have been getting trickles of royalties for years from 10 old wells. Now, plans are kicking off to drill two new horizontal wells over 25,000 feet long into a large supply at 10,000 feet. Those are likely to pay us very nicely, which we wouldn’t get if we’d sold our rights! Think about it.
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Hello! I have some family that have inherited minerals in a couple of Oklahoma counties recently. Would you mind sharing the area where these horizontals are potentially going to be drilled?
Cami, You need to post your question about OK wells over in the OK counties where you have minerals. Put the Section, Township and Range in the body of each message for each county, Keeps the forum flow more structured.
Ok. Thank you!
Hi ! Block C18, Sec 6 and 9.
Hello Ms. Barnes,
Thank you for your detailed reply. We have had 5 or 6 horizontal wells drilled with bonuses and royalties since about 2016. I still get a small check every month. Our original operator was MDC and they were drilling aggressively and we benefitted nicely. The leases are now held by Crescent Energy. I can see that they have gotten permits but nothing in our block or section. I have been in a “wait and see” for about two years. I know we were part of the bankruptcy of MDC but it seems that all those (post bankruptcy) who have had our leases just continue to run them. I am also aware that as long as the lease is producing something, we are bound by it.
I can wait longer to see what happens but being at the end of my run and no need to leave any kind of legacy/inheritance, I thought it might be fun to cash in on the land value, skip the yearly tax bills and maybe get a new Mini Cooper convertible to tool around in for a few years. I can pretty much bet I won’t be around in 10 years.
Sorry, kind of a sassy answer but that’s where I stand. I think I’m frustrated since I can’t do anything about the land now since it is tied up and would rather enjoy some benefits now.
Again, thank you for taking the time for such a thorough answer. I do appreciate that.
Respectfully,
Mary
Hello again,
I am watching for any kind of land use developments. I think the potential is there, not only data centers, but solar and wind farms. But how long to wait? See my reply to Ms. Barnes above.
Thank you!
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Hi Rondog,
Thanks for replying. Check out my answer to Ms. Barnes. We have wells and do still get “trickles” of royalties. I feel like I’ve been hanging in there for 55 or so years and don’t think I have another 55! 
-mb
Hi Cami. Our wells and rights are in Ellis County, Sections 10, 14 & 15, 16N, 23W.
Project Kilby is expected to complete in 2028. Reeves County. CPV Basin Ranch in Ward County is expected to complete late 2027. There are 7 Data Centers projected to come online 2027-2031. Iam excited for the landowners in the Delaware Basin. It’s coming and fast!
Thank you!
Love the sassy Mini Cooper! Data centers may be coming to Reeves county. Look up Project Kilby for Reeves. Your search engine can probably find more.
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Please post Oklahoma questions over in the Oklahoma county they pertain to.
I am one of the property owners of this tract-
LEGAL DESCRIPTION PROP ID: R000000722 BLK: 13, TRACT: 39, AB 464 BLK 13 SEC 39H&GN GEOID: 01000-00645-00000-000000 NW/4 ACRES: 73.340
I have heard nothing about the property for a couple of years. ( since 2024)
How can I find out about any activity regarding the property? I have no direct communication with the other owners. I own. 20 AC minerals and about 15 dirt.
Is this an area that is data center potential? It is bordered by art 17 and Hwy 10. State Hwy building and electric company own part of the tract.
Here is a map of that abstract in blue. You have horizontals to the north.
Here is a map on data centers in Texas. There is a bit of public outcry against some, so the future is a bit uncertain at the moment. I think the ones near Pecos are the closest at this time. https://www.datacentermap.com/usa/texas/pecos/
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