City of Van Buren
Arkansas government parcels owned by this agency that sit inside or near a producing oil/gas field. Royalty estimates are conservative -- per-well average lessor royalty in the nearest producing field, multiplied by estimated wells per parcel (AOGC spacing-unit logic).
HIGH-tier parcels
| Tier | Parcel ID | County | Acres | Royalty/yr | Field | Lien | Map |
|---|
Letter to City of Van Buren
Dear City of Van Buren leadership,
Our office has completed a parcel-level oil & gas inventory of every Arkansas government parcel using the gis.arkansas.gov parcel registry, the Oil & Gas Commission well database, and active producing-field boundaries derived from the same. I'm writing to flag 0 parcels owned by City of Van Buren that sit inside or directly adjacent to a producing oil/gas field.
While we have not yet modeled per-parcel royalty for these holdings, several sit directly inside actively producing fields, which makes them strong candidates for the standard 1/8 lessor royalty + signing-bonus COSL lease.
With your office's consent, my staff is prepared to:
- Walk your team through every parcel on the attached schedule;
- Run a competitive lease sale on the highest-value tracts; and
- Direct net royalty receipts into your agency's operating account in accordance with A.C.A. § 22-5-708.
Attached you will find the full parcel inventory exported from our mapping system. I am happy to meet at your convenience to discuss any of these tracts in detail.
Respectfully,
Cole Jester
Commissioner of State Lands
| Parcel | County | Acres | Field | Est. royalty/yr |
|---|