Sabine Parish lease offer
Anyone know what the going lease rate (bonus $ per acre and royalty %) is in Sabine Parish, specifically Sec 7 area?
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Permalink Reply by SLEM on
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Thanks everyone for your input! We have been approached to lease our property but the numbers were significantly less than what you've mentioned. Does anyone know if there is a way to tell how many acres in our unit have already been leased? Just looking for any bargaining power possible!
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Permalink Reply by ken hatcher on
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First off, your land is in T-9, sect. 7, Range 12-W...RIGHT?
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Permalink Reply by SLEM on
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Sorry, I have not provided all of the info.....our land is in T-9, Sec 7, R-11W. I think SWEPI has our unit. I don't know if this is possible, but it sure would be nice to know how many acres in our unit are currently leased.
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