Torrington, Lingle, Yoder: three producing wells in the whole county, which makes this a leasing question rather than a royalty question, and we will price it that way.
Goshen County is a page we wrote because owners here get sold a story, and the story is not supported by the wells.
Goshen was leased heavily between 2010 and 2014 during the southeast Wyoming rush that followed EOG's Jake well across the line in Weld County, Colorado. The rush did not produce a discovery. Only 2 of 121 southeast Wyoming horizontal permits issued in that window were in Goshen, the three county area rig count fell to zero by early 2011, and today there are three producing wells in the entire county against 2,222 drilled. Recent monthly production runs a few hundred barrels with no gas at all.
So if someone is offering you a Niobrara price on Goshen County acreage, ask them which wells they are pointing at. We will price your interest as speculative acreage with future lease bonus potential rather than as production, we will show you exactly how we got there, and if we think holding costs you nothing and you should keep it, we will say so.
What Goshen does offer is clean ownership. This is overwhelmingly private agricultural land plus state trust sections, without the federal and Union Pacific checkerboard complications found in southern and western Wyoming. Wyoming has no dormant mineral act, so nothing lapses; no individual income tax, so no state tax on a sale; and a statutory rule at W.S. 30-5-304 protecting royalty from production cost deductions if a well ever is drilled.
Send us a legal description and we will run the records and tell you the truth about what is under it, free.
Leased heavily during the 2010 to 2014 southeast Wyoming rush that followed EOG's Jake well in Weld County. Only 2 of 121 southeast Wyoming horizontal permits in that period were in Goshen, and no commercial discovery followed.
We could find no commercial play established anywhere in the county.
Wherever your tract sits in Goshen County, we will research it free and value it with the work shown.
Free, no obligation, and no pressure. We reply within one business day, usually faster.
Prefer the phone? Call or text 918-984-1645 and you will get Stephen, the owner, not a call center. If we miss you, we text back the same day.