as of: 4/19/2025
This is not a formal appraisal.
Montague & Wise County Properties
33.44031,
-97.65258;
Montague, Wise,
TX;
185.77 acre(s)
1.00 net acre(s)
mi/ri
12.50% Royalty
Permitted
0 well(s)
Permits to drill are often the first public indication of a company's intention to drill a new well. When
present, this indication increases the market value of the tract due to the increased likelihood of additional royalties
from the potential new wells.
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What is a permit?
Also called a "drilling permit" or "APD", it is the regulatory approval for companies to extract oil or gas.
Companies provide information on the well's location, design, safety measures, and environmental considerations.
Once granted, they can start drilling while following the specified conditions in the permit.
!
There are currently no active permits on this tract. Other indicators of an operator's intent to drill would
be active leasing, pooling orders, or other legal filings (this information is currently outside the scope of this
report).
Wells permitted in the last 2 years are highlighted in yellow below.
No recently permitted wells found