Hello, this is my first time posting here. My husband and I own 100% minerals on our 265 acre ranch located in Milam county Texas. We had a lease with a company called XTO about 4 years ago. I was wondering how I could go about having another oil and gas company come and survey our land to sign another lease? Thanks
What is the section and block?
I will look at the old lease and let you know
Daniel B Fryar survey A- 21 Milam county, Texas
Friar is the correct spelling, sorry
262.753 acres, volume 1033, page 506
I called the land-man at every oil company I could find and let him know my mineral rights were for lease. Usually the person in contact will ask for a land description etc. then go from there. I called some more than once and when I did lease it was with a company who made a cold contact with me. A company or a go -between may not be doing business in your immediate area but they will be looking around. Keep a time, date and name log for future reference. Good luck.
Why haven't you contacted XTO to see if they wanted to release?
Usually, after the primary term, a lease will expire unless O&G is being produced. So, it appears that if XTO (with an industry reputation of being a reputable company) wanted to release your land, they would have contacted you.