What is acreage going for in Pecos, TX.?

Texas Mineral Rights Pecos County, TX
1

I have been approached by two interested buyers for my acreage in Pecos.

The land is in Section 72, Block 12.

I live out of state and have never seen the property.

Can someone inform me what is going on there?

I do not own the mineral rights. The land is highway frontage.

Thanks, Mary

2

Hello Jim,

I was offered 4,000 per acre.

3

Pecos County is in the Permian Basin where there is a large natural gas reserve… I would guess that is why they are offering.

4

The surface rights are probably what they want to set up operations to drill.

5

Hey Robert,

I am in Reeves County in Pecos.

The Permian Basin covers a piece of Reeves County in Pecos.

How would I find out what blocks of Reeves County in Pecos are in the Permian Basin?

6

All of Reeves County plus surrounding counties is within the Permian.

Open link below and scroll down to the map showing Permian Basin:

http://www.shaleexperts.com/plays/permian-basin/Overview

7

How would one find out if my land is part of the Alpine High area of the basin?

8

The Alpine High area is in the southern part of Reeves County in the area where it butts up against Jeff Davis County. Let me see if I can find a display that shows the areal extent of this play area.

I assume you have the details as to the location of your minerals? (Section, block, tract, etc.)

9

The yellow on the link below is the Alpine High area. If you google this term, you will find a lot of info.

http://www.naturalgasintel.com/ext/resources/Shale-Daily/SD3Q2016/continued/Southern-Delaware-Drilling-Apache.png?1473282485

10

Yes, I do.

11

Thanks so much for helping me. Mary

12

Rock_Man - I own some oil and gas mineral interests in Pecos County. I know the lot, block, and Section. Do you know how I could actually locate the tracts on the ground, or on a map?

13

I received the map from an oil company who was negotiating a lease agreement with myself.