Anyone have any idea of a going rate on bonuses for an oil and gas leases in Terry County? Just got approached about leasing, but I hadn't heard of any activity up there. As a result, I have no idea if anything hot is going on.
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Terry County oil and gas activity?
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I live in Brownfield and the court house is full of Landmen looking up Minerals and Royalty. I have land and minerals here. The Brownfield paper did an article about them in Sunday's paper. I am not sure on a price because it varies for everyone. Some are saying anywhere from $100-$350 an acre. So something is coming down the pipe line just not sure what.
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Originally posted by NUKAT View PostI live in Brownfield and the court house is full of Landmen looking up Minerals and Royalty. I have land and minerals here. The Brownfield paper did an article about them in Sunday's paper. I am not sure on a price because it varies for everyone. Some are saying anywhere from $100-$350 an acre. So something is coming down the pipe line just not sure what.
Seems like new technology and pressure because of the off shore hiatus is making a play that lays between a layer of sand and compacted limstone a viable field. Not sure what the technology is. The article named the geo feature they were going at.
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