What is the going rate for leasing mineral rights to oil companies in South Texas?
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Going rate for leasing minerals
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Going rate for leasing minerals
Northern Oil part of the Eagleford is going for 1250-1750, Southern Gas part is going for 1500-3000. Great thing is the eagleford has a mix of oil and gas which makes this play such a win win for mineral owners and companies.
25% stake is the going rights as well. Don't take less than that.
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Originally posted by TildenHunter View PostLet me know if anyone is interested in leasing minerals. I am living in Tilden right now as a landman. If anyone needs help leasing or has acreage they want to lease please feel free to PM me. Certainly don't mind looking at an offer and telling you if it is good or not.
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I've heard of a lot higher than these... just in the last two months.
Shell just chased down several hundred thousand acres, outbidding most operators by double.
it really depends where you are... the eagle ford is not created equal.
likewise.. lots of operators over paid in the Haynesville..... there are a lot of wells that are losing money with the current gas prices. Many are being more cautious about the eagle ford play.
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