Greetings All,
I am seeking any information on the following situation:
I have a lease in the William Clark A 83 and Phelps A223. Lease not renewed (but continued) in May, 2025 due to producing well that we are just finding out about. Pine Wave is being very coy about the name of the well and I have no access to production numbers. Pine Wave stating division orders coming in the Fall. Does anyone have any intel about this well, a name or anything? Any information is appreciated.
Thanks
Tags:
https://rrc.texas.gov/resource-center/research/research-queries/
click on link, do a drilling permit search . Select your county from drop menu. Under survey, change “ begins” to “ contains”, type in Phelps. Click on the drilling permit well name that comes up. Keep going until drilling permit come up. At bottom of page click on “plat” . Look to see if your acreage is in this well. I found a well named “”olympia fields”. Also click on P12 for leases pooled to well. Repeat search on the other survey until you confirm what well is yours.
Send an email to Pinewave that you want the NADOAA form of Division order (national association of division order analysts) on a different well They sent me a a strange self typed one with some extraneous clauses not required by statute. If there is a dollar limit for check release , say$100, you can change that to $50 or $25 if you want.
JR it would help anyone who would consider providing you with an answer to know the county where the survey is located. East Texas counties are not easily searched.
Thanks to both of you.
I later posted in San Augustine County and received some help.
Appreciate you responding.
You're welcome, JR. When seeking location specific information or opinions it is best to post in the group page.
A skip's been a longtime I've talked to you popping early 2000s I know. You don't remember me, but I've talked to you several times I'm looking for a land man to run tidal for me on a small track. It's abstract 139JJ henness survey. I'll think about selling all of my mental interest that are owned in that survey. Ohh, oush, another one is 517 surveillance survey, 105 and survey 544. Thank you so much. I'm gonna put my private email online. I don't care who gets it or what, but I'm trying to get this property in line. I'm getting old sick tired. I'm ready to retire. I wanna I'm trying to sell off assets and get things cleaned up so I'm gonna put it on there. I'm looking for somebody to run tidal to see exactly what I own. I know about what I own.But that's not close enough
Kplumbing7@gmail.com show me an email where your phone number. And I'll call you, thanks.Kenny have a great weekend
I'm in a small percentage. Net mineral acre, is it worth keeping or sell it 0.00187800 i'm pulled in a unit Aethon just release me the info on 11 wells in 1/5 royalty survey 139 they are drilling new well 695 unit with 22.5 royalty it 4 wells there drilling . Should I sell it all i need the money for funeral services.?
Thanks, any help would greatly,
Surveys 517 105 484 135 are the 11 wells survey 139 is a new lease 2025 that the whole unit needs to be drill?
Kenneth, your mineral rights are an asset to be managed. If selling solves a need, do it but make sure you get input on value and don't settle for a first offer. Try to get a handful of competing offers. The sale of mineral rights includes a tax advantage. Royalty income is taxed as regular income while the sale of mineral rights qualifies for federal capital gains tax - 15% or 20% depending on the amount of the sale. If you have owned the mineral rights for longer than a year, that would be a 15% federal tax on sales that are less than about $500,000. You can look up the maximum sales price for the difference on line.
SKIP , Thanks for the advice I really appreciate it. 11 whales I mentioned, thanks gender and pay status, and they were drilled back in 23 or 24. Why is it taking them so long to pay me? And do you think I should sell it or keep them? I know they're not even assertive way. I'm drilling everything that I was told. They have a lot more wells to drill. They told me there's gonna pull all the natural gas out first, and then they're going to go after all the oil that was underneath there. So should it be priced on them? I watch potentially underneath the ground.
If you are referring to Haynesville Shale wells, the chance there is oil at a deeper depth is slim and none. If you are not in pay on wells drilled in 23 and 24, you need to find out why and get that straight. You are unlikely to get any serious offers to buy your mineral rights if you do not have royalty statements proving you are in pay.
I'm looking for a land man in abstract 139JJ. Henness survey a 113 acres. If you know anybody, somebody, please shoot me an. Email or phone number? I'd like to speak to somebody anybody, you know, anybody's good anybody. It's reasonable and especially anybody that you can trust and honest
Kenneth, I know someone who can do that. I'll check with them and see if they are available to address this for you.
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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