Leasing Activity in Sabine County

Hopefully this will serve as a central site for all mineral lease activity in Sabine County. Please record any information that will be helpful for other mineral owners.

Two recent bits of information should be of interest.

I have heard from a reliable source that several thousand acres have been leased in the Geneva and Milam areas. The price per acre was around $6000.00

Another reliable source has told me that 3 or 4 hundred acres was leased near the Pendelton bridge for $10,000.00 per acre.

This would indicate that prices to lease minerals are continuing to climb.

Views: 309

Replies to This Discussion

Permalink Reply by Rebel Roy on September 5, 2008 at 5:41
Thanks for the follow up.
Permalink Reply by jffree1 on September 5, 2008 at 6:15
I had to follow up. ETL was not to blame for reporting bad information...I was.
Permalink Reply by HS on September 5, 2008 at 15:40
i pretty sure i know who this was and if it was, they had 3-4,000 acres over
several counties. Chespeak leases on most of it just the deep rights, because their leases were mostly hbp by other operators but had depth clauses . and you are right about the bonus paid, i have heard even higher
amounts

landownerPermalink Reply by Bettie (Arnold) Rozell on September 7, 2008 at 15:58
I am wondering where in Sabine County/Shelby county line the 1000 acre ranch is located. Do we know if it is near what is known as the "9 mile road", or how close it may be to Hwy. 87, or Patroon Creek.
Permalink Reply by jffree1 on September 8, 2008 at 13:00
I don't know where for sure, Bettie, but I will try to find out.
Permalink Reply by Trey Cobb on September 15, 2008 at 4:09
Concerning the 17k/acre, was that Dr. Haley's land at Tebo? I understand he has significant land holdings in the area and his Tebo Ranch (in which I have a small number of mineral acres) straddles SA and Sabine counties line.
Permalink Reply by Rebel Roy on September 8, 2008 at 9:30
Any Sabine county news today??
Permalink Reply by Butterfoot on September 24, 2008 at 2:40
Anyone know what O&G Companies have leasing offices in Sabine County? Names and phone numbers? Thanks.
Permalink Reply by jffree1 on September 24, 2008 at 7:15
DJ Energy 409-787-1048
Permalink Reply by Deep Rights on September 25, 2008 at 3:08
any idea who DJ Energy is?

landownerPermalink Reply by ALongview on September 25, 2008 at 3:24
They are leasing for Devon.
Permalink Reply by Rebel Roy on September 25, 2008 at 12:29
What are the latest offers from Devon. I know several people who signed for $6,000 an acre and 25%. But they had not received money last I heard.

RSS

© 2026   Created by Keith Mauck (Site Publisher).   Powered by

Badges  |  Report an Issue  |  Terms of Service