The newly formed Southwest Fort Worth Alliance reported today that it's now up to 25 neighborhoods and includes more than 6,000 acres.
We told readers of the the Star-Telegram print edition last week about this newly merged super group. Click here for the story and to see which neighborhoods are part of the group.
Click here to see what we wrote on the blog earlier this year about the group.
The offers are also starting to tick up, but only to specific homeowners groups within the alliance. The alliance hasn't yet begun to negotiate as a group with the energy companies. The highest offer is now up to $25,000 an acre for lease bonuses and a 25 percent royalty, with the usual three-year primary term and an option for another two years.
Tolli Thomas, co-chair of the group, said the alliance is now looking to hold meetings with the drilling companies. The three that have circulated offers to various property owners in the group are Chesapeake Energy, XTO Energy and Carrizo Oil & Gas. Chesapeake and XTO each have multiple well sites that could perhaps reach most of the property owners, Thomas said. Carrizo has mostly gone after homeowners on the southen end of the group's boundaries.