What are gaines county tx leases going for lately?

[AJ11]

Where are your minerals located?

Lease agreement good/bad

If you own a significant percentage of the section you are in a better position than if you have only a few acres. What is the name of the company who contacted you and are they leasing for a publicly traded company? [See “Oxy leasing in Gaines county” thread] Do you own the minerals and the surface/land? I have spoken with two very savvy oilmen who have leased minerals to companies for $750/acre a few miles south of Seminole. One leased quite a few acres and the other’s minerals were very clos…

Oil lease bonus rates in Gaines County TX?

It looks like Ring Energy paid $755/acre north of Seminole in this lease. I wonder if the lease’s “no deductions” language would prevent post production deductions for a non-governmental lessor? U.S. Lease Price Report is a subscription service. Ring Energy and Oxy have leased and appear to continue to be leasing a considerable amount of land in Gaines county. See the Ring Energy corporate presentation. Why bonus rates on the Central Basin Platform may generally be lower than those on the Midlan…