Commissioners Court Meeting

Issue viewing agenda items? Click here to switch to the old format.

Return to the Minutes Page

Meeting Date:	08/12/2019
Grant Subsurface Easement to Pursuit Oil & Gas, LLC on Webb County School Lands
Submitted for:	Nathan Bratton	Submitted By:	Nathan Bratton
Department:	Civil Legal Division

Subject:

Discussion and possible action to grant a subsurface easement on Webb County School Lands to Pursuit Oil & Gas, LLC for the limited purpose of drilling through the school land property to access their adjacent property for lateral drilling. [Executive Session is requested pursuant to Texas Government Code, Title 5, Subchapter D, Section 551.072 Deliberation regarding the lease of real property]

Background:

Pursuit is offering to pay for the right to use a subsurface easement so that they can reach their lease using lateral drilling.

Previous Court Action:

Fiscal Impact

Budget Account Number:	n/a
Funding Source:	n/a
Balance:	n/a
Financial Impact:
Pursuit is offering $25,000 per well for the subsurface easement and is expecting to drill two wells.

Attachments
Subsurface easement
Memorandum of Subsurface Easement - Oil & Gas, LLC - Executed