Natural Gas: 14.34 MMCF
Oil: 0 BBL
| Lease Name | Operator | Type | Interest | Value |
|---|---|---|---|---|
|
Colby #1h
RRC: 250251
|
Tep Barnett Usa | RI | 0.5503% | $457 |
|
Colby #2h
RRC: 256945
|
Tep Barnett Usa | RI | 0.5503% | $461 |
|
Colby #3h
RRC: 254316
|
Tep Barnett Usa | RI | 0.5503% | $1,285 |
|
Colby #4h
RRC: 258374
|
Tep Barnett Usa | RI | 0.5503% | $1,356 |
|
Colby #5h
RRC: 254662
|
Tep Barnett Usa | RI | 0.5503% | $1,540 |
|
Colby #6h
RRC: 260927
|
Tep Barnett Usa | RI | 0.5503% | $3,000 |
Tarrant County is located in North-Central Texas and is home to Fort Worth, the 13th largest city in the United States. The county sits at the heart of the Barnett Shale, which was the first major shale formation in the U.S. to be commercially developed using horizontal drilling and hydraulic fracturing.
The Barnett Shale has produced over 20 trillion cubic feet of natural gas since development began in earnest in the early 2000s. While production has declined from its peak in 2011-2012, the formation remains an important source of domestic natural gas.
Many mineral owners in Tarrant County have been receiving royalty payments for 15-20 years. As wells mature and production declines, some owners choose to sell their mineral rights to convert future uncertain income into immediate cash. Buckhead Energy has been purchasing mineral rights in the Barnett Shale since 2007.
Owner: Hung Lu
Type: Individual
Interests: 6
Value: $8,099
County: Tarrant, TX
If this is your property, get a free cash offer from Buckhead Energy.
Get Your OfferPublic Data: This information is from publicly available county appraisal records. To request removal, email [email protected].