ROYALTY INTEREST LEASE OFFER Houston, Texas company for Section 35-Township 10 West- Natchitoches Parish

March 19, 2020

I have received a royalty interest lease offer within the past week from a Houston, Texas company for Section 35-Township 10 West- Natchitoches Parish for a five year lease term.  Has anyone else received an offer recently (from March 19, 2020) in this region ?  If so, what type of comparable amounts are we looking at per acre.  I am a bit leary given the economic circumstances now regarding the Coronavirus outbreak in Louisiana.

Thanks in advance.

Views: 1723

Reply to This

Replies to This Discussion

Rock, did you create the map from SONRIS mapping, or from another service?

I did that map with DrillingInfo / ENVERUS. I am sure that one could do something similar with SONRIS or Tx RRC or WellDataBase.

I think it is from Drillinginfo which is a subscription service. 

Sec 35 10 West is not a correct legal description. What is the complete section township (n or s not west) and range???

Go back to the first page of the discussion and you will find the complete s-t-r.

I received another royalty buy from a company in East Texas today, April 3, 2020.  I haven't signed anything to date.

RSS

© 2020   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service