Jesus de la Garza
what are the going prices per acre for a mineral lease
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Permalink Reply by Ol' Vet on
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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.
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