Replies to This Discussion

Permalink Reply by Ol' Vet on May 9, 2011 at 10:57

Depends on what depths/formations you're leasing, whether you're in an area that's in demand, and how many acres you've got. I agree with Mike R on royalty, but bonus could be somewhat - to considerably - more than $500/acre. I am familiar with offers in Angelina County over the past year that have ranged up to $1,500/acre.