"I have what you could say is not a dissimilar problem regarding a Rusk County well operated by TGNR. I inherited mineral rights to the well from my dad in '08, received royalties for about a year from another operator, then they just stopped.…"
Jimmy Hamiter's Discussions
Missing DeSoto Parish Well?
2 Replies
In transferring ownership of our mother's interests on a handful of wells to my sister and I, I discovered a well that was suspiciously missing I didn't catch when we transferred our dad's interest…Continue
Started this discussion. Last reply by Jimmy Hamiter Nov 4, 2022.
Estimating Value of DeSoto Mineral Rights Based On Purchase Offer
28 Replies
In 2008, my sister and I each inherited 10 acres of mineral rights from our father – S: 32, T: 12N, R: 14W (Spider Field).Recently I received an offer to purchase my 10 acres for $97,500. My sister…Continue
Started this discussion. Last reply by Skip Peel - Mineral Consultant Sep 23, 2022.
Jimmy Hamiter's Page
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"Thanks for clarifying!"
"Thanks so much for posting this Skip!
To the last paragraph in the release, does "Western Haynesville play" or "Western Haynesville area" possibly include the Spider field? Or more specifically, the proposed wells in the…"
"That's good to know and makes the "wait" a bit easier for them to get permits on proposed new alt unit HC wells that affect me (32.12N.14W). Checking Sonris periodically as you've advised. Thanks for sharing! "
Missing DeSoto Parish Well?
In transferring ownership of our mother's interests on a handful of wells to my sister and I, I discovered a well that was suspiciously missing I didn't catch when we transferred our dad's interest several years ago. Location: 32, 12N, 14W | DeSoto ParishSerial: 23295 | Name: James RB; Jewell J Hamiter 001 | Status: Active/ProducingOperator: AmplifySituation: Jewell J Hamiter is my grandfather. There are 9 other wells we own rights to on the same property covering just over 40 acres. The…See More
"Thank you!
To your last sentence, so if a well has been permitted it has a serial number, I'm guessing."
"Thanks again! I've been on Sonris a lot, but unsure of my level of knowledge.
To check for well permits you search "permitted wells by date/parish" correct?
Another couple of questions: (1) Where can I find the lease number for a…"
Rick Hilton replied to Jimmy Hamiter's discussion Estimating Value of DeSoto Mineral Rights Based On Purchase Offer"Hi Skip , I sent you message on your consultation services. "
"My offer was in the same neighborhood as was my sisters. Perhaps there's some future production planned then. "
Rick Hilton replied to Jimmy Hamiter's discussion Estimating Value of DeSoto Mineral Rights Based On Purchase Offer"Jimmy , Not the same , like Skip said there must be dozens, mine was Rushmore, I was 6 figures which was way higher than others. I figure they know what the future holds better than me but what is weird is my last royalty check was down about 80%…"
"Thanks again. Those numbers make my head spin (LOL), but I have a general idea. And, from experience settling my dad's estate, I certainly understand what you say about depending on O&G firms. It often seems like they don't want you to…"
"Thank you Skip. To share a bit more info (forgive me if I'm being repetitive). When we got this offer I contacted my cousin who's in the O&G business in LA. He did some research and urged me to contact Comstock, suspecting they owed us…"
"Hi Rick,
The offer came from Buffalo Bayou Resources out of Houston.
– J"
Rick Hilton replied to Jimmy Hamiter's discussion Estimating Value of DeSoto Mineral Rights Based On Purchase Offer"Thanks Skip , makes sense but a few that were missing were the biggest producers all year . I'm in AS Stacked surface location is what it says. Section 25 T12 N-R16 W area for what it worth. Thanks for the reply. Rick"
Rick Hilton replied to Jimmy Hamiter's discussion Estimating Value of DeSoto Mineral Rights Based On Purchase Offer"Hi Jimmy , Interesting thread as I received a quote to purchase recently also, 40 acres. If you don't mine me asking are the initials RM? I inherited also and really know nothing about how all this works. for years I figured I was getting…"
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