Terry County oil and gas activity? - TexasBowhunter.com Community Discussion Forums

Ag 96 · 11-01-2010, 02:08 PM

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.

bearkat2004 · 11-01-2010, 02:13 PM

not sure about Terry County, I know in DeWitt, we are in negotiations with Connoco (I Believe) for a 2-3 year lease for $2500 an acre. . .

Playa · 11-01-2010, 02:14 PM

I have seen some drilling rigs. Terry County would be considered the north-eastern most reaches of the west texas oil patch

Can't give you anything more than that

Ag 96 · 11-01-2010, 02:34 PM

Thanks, still trying to find out some info. I've heard some generalized comments about the redevelopment of the west Texas oil patch, but I really don't know if I'm dealing with wildcat minerals or a decent play.

Bearkat - I wish this were in the Eagleford. Then I'd know what to ask for.

Dc78 · 11-01-2010, 05:45 PM

AG what part of Terry? I live in Yoakum next county west. If I know area might could tell you if an activity in that area.

Ag 96 · 11-01-2010, 08:15 PM

DC78,
I think it's off of FM402 south of 82, just west of Brownfield. Only been there once.

Thanks,

Dc78 · 11-01-2010, 08:29 PM

Not much in that area. Company I work for has some wells northwest of there about 10 miles. These wells are fairly old wells.

NUKAT · 12-15-2010, 05:56 PM

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.

Playa · 12-15-2010, 08:41 PM

Quote:

Originally Posted by NUKAT

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.

I read the same article yesterday while I was working at the Terry Cty CO-OP Gin.

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.

11-01-2010, 02:08 PM	#1
Ag 96 Six Point Join Date: Oct 2006 Location: Victoria Hunt In: Hemphill, Tx	Terry County oil and gas activity? 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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11-01-2010, 02:13 PM	#2
bearkat2004 Ten Point Join Date: Aug 2010 Location: Cypress, TX Hunt In: DeWitt Co. / Kinney Co.	not sure about Terry County, I know in DeWitt, we are in negotiations with Connoco (I Believe) for a 2-3 year lease for $2500 an acre. . .

11-01-2010, 02:14 PM	#3
Playa Ten Point Join Date: Jul 2010 Location: Lubbock Hunt In: Coleman	I have seen some drilling rigs. Terry County would be considered the north-eastern most reaches of the west texas oil patch Can't give you anything more than that

11-01-2010, 02:34 PM	#4
Ag 96 Six Point Join Date: Oct 2006 Location: Victoria Hunt In: Hemphill, Tx	Thanks, still trying to find out some info. I've heard some generalized comments about the redevelopment of the west Texas oil patch, but I really don't know if I'm dealing with wildcat minerals or a decent play. Bearkat - I wish this were in the Eagleford. Then I'd know what to ask for.

11-01-2010, 05:45 PM	#5
Dc78 Ten Point Join Date: Oct 2006 Location: Denver City, Texas Hunt In: Panhandle	AG what part of Terry? I live in Yoakum next county west. If I know area might could tell you if an activity in that area.

11-01-2010, 08:15 PM	#6
Ag 96 Six Point Join Date: Oct 2006 Location: Victoria Hunt In: Hemphill, Tx	DC78, I think it's off of FM402 south of 82, just west of Brownfield. Only been there once. Thanks,

11-01-2010, 08:29 PM	#7
Dc78 Ten Point Join Date: Oct 2006 Location: Denver City, Texas Hunt In: Panhandle	Not much in that area. Company I work for has some wells northwest of there about 10 miles. These wells are fairly old wells.

12-15-2010, 05:56 PM	#8
NUKAT Nubbin' Buck Join Date: Dec 2010 Location: Brownfield,Texas	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.