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I have followed your posts through this website since I have land in Caddo Parrish. I am hoping you can give me some advice. I also have land in Walker County located in southeast Texas. I was contacted by a landman yesterday wanting to lease my property there for $50 acre and 1/6 royalty on a 3 year lease with a 2 year option. Obviously, this is not anything like what is being offered by oil companies in Louisiana, but my dad leased this property 20 years ago for $100 so I am thinking $50 is not appropriate. Today the same landman came back and offered no bonus on a one year lease with 1/5 royalty. I know you are probably not familiar with the area, but can you give me any advice.
Thanks!
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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