Hi all, posted this yesterday, but cannot find it anywhere and it should be in the Weld County discussion thread anyway.
My mom and her 2 sisters inherited 160 acres of mineral rights in Township 10; Range 65 West; Section 6. They were leased by Chesapeake @ $500/acre a couple of years ago. Looking at the COGC website all of the wells seem to be a ways south of there. There are a few wells in surrounding areas - the nearest producing is the ‘mousetrap’ well in the adjacent NW section. No permits that I could see for drilling close by either. There is a SW to NE dense zone of wells through Greeley area - but we are a bit north of that.
My question is - does there appear to be any drilling heading that direction? It will be worth seeing what happens when the lease terms expire. We plan on keeping it in a trust and just waiting anyway, as it was inherited.
Any help with understanding more, or communication with people who have nearby property and your experiences/research would be helpful.
Thank you for any input.