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.
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.
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.