# Angelina Co., TX mineral lease opportunity
**URL:** https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745
**Category:** Oil and Gas Leasing Help
**Created:** [July 30, 2014, 4:41am UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745 "2014-07-30T04:41:19Z")
**Posts on this page:** 13
**Page:** 1
### Author:  [@James\_Childress](https://www.mineralrightsforum.com/u/James_Childress)
#### Post date: [July 30, 2014, 4:41am UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/1 "2014-07-30T04:41:19Z")
I was contacted today by a company interested in my mineral rights. Rather than the company propose an offer to me, they asked me to make them an offer. I have approximately 180 acres in Angelina County, Texas. I’m not sure what the going rate is here in East Texas and I’m not sure where to even begin. I have had several leases in the past but have never had the chance to make them an offer. Any ideas or advice would be greatly appreciated!
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [July 30, 2014, 3:48pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/2 "2014-07-30T15:48:53Z")
James,
Do you know of any production or activity in the area of your minerals? Production or activity in the area makes your bonus/royalty worth more. Just my opinion. If you will give me the Abstract # I will pull up the GIS Map so we can see what’s in the area.
Clint Liles
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### Author:  [@James\_Childress](https://www.mineralrightsforum.com/u/James_Childress)
#### Post date: [July 30, 2014, 4:26pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/3 "2014-07-30T16:26:28Z")
Clint,
Thanks for the reply! I’m not currently aware of any production in my immediate area at the moment. There has been a lot of activity in Newton, San Augustine, and a few other counties which is around 50 miles east of me. I’m not sure what the abstract # is that you are referring to. Here is the information that was included in the e-mail, maybe that will help. 158.56 acres E. Gilliand survey, A-281, Angelina County, Texas. I just came out of a lease back in November of 2013. I received $500 per mineral acre, 1/5 royalty, and 3 yr lease w/2yr option.
Thank you, James
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [July 30, 2014, 5:04pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/4 "2014-07-30T17:04:20Z")
James,
I see where a Horizontal well (30387) was drilled (wildcat well) in A-281 in Sept. 2009 by Harding Company to a depth of 10,000’. No completion report or other info found on this well. Also to the north of your A-281 are several horizontal wells drilled by Range Production targeting the James Lime (gas) Formation back in 2002-2003. I would say the numbers on the lease you came out of were fair for the area.
Drilling permit for well API 005-30387:
[http://webapps2.rrc.state.tx.us/EWA/drillingPermitDetailAction.do?methodToCall=searchByUniversalDocNo&universalDocNo=485774933&rrcActionMan=H4sIAAAAAAAAAL1Qu27DMAz8mnQUKClOvXAwinbuI2gGI4NiC44A2TIoGW0BfXxpFwVSp3MmHY-n45FZAqDKEiTKO6KmapILw2tDbQ1HXPgPezLjGJXgtojJJCvSp5jiRlclsELhRj09HiqGeoYtOe\_d0D1b6l2KL5Olrx9b0QYWbbG36RzafXgw3jNRINk00bAPb9ZQc2aqRLhKU8elW1EXxWjI9O\_GT3YJyRkACg26vJ-rAk-2c0M8uDSbsdufWqpVfalfjZW3O0L8XX6Ho-ksXSz570XksV7r5rAos0IJWTPYIuSC3x0T179vcs9vP7ReMmECAAA](http://webapps2.rrc.state.tx.us/EWA/drillingPermitDetailAction.do?methodToCall=searchByUniversalDocNo&universalDocNo=485774933&rrcActionMan=H4sIAAAAAAAAAL1Qu27DMAz8mnQUKClOvXAwinbuI2gGI4NiC44A2TIoGW0BfXxpFwVSp3MmHY-n45FZAqDKEiTKO6KmapILw2tDbQ1HXPgPezLjGJXgtojJJCvSp5jiRlclsELhRj09HiqGeoYtOe_d0D1b6l2KL5Olrx9b0QYWbbG36RzafXgw3jNRINk00bAPb9ZQc2aqRLhKU8elW1EXxWjI9O_GT3YJyRkACg26vJ-rAk-2c0M8uDSbsdufWqpVfalfjZW3O0L8XX6Ho-ksXSz570XksV7r5rAos0IJWTPYIuSC3x0T179vcs9vP7ReMmECAAA)
GIS Map of Angelina County A-281:
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### Author:  [@James\_Childress](https://www.mineralrightsforum.com/u/James_Childress)
#### Post date: [July 30, 2014, 5:18pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/5 "2014-07-30T17:18:56Z")
Clint,
Thank You so much for your time and information! I think I might hit them a bit higher and see where it goes from there. Thoughts?
~James
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [July 30, 2014, 5:28pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/6 "2014-07-30T17:28:53Z")
James,
What is the name of the company offering the lease?
This link is to the Angelina County Group. You might want to join:
[http://www.mineralrightsforum.com/group/angelina-county-tx-oil-gas](http://www.mineralrightsforum.com/group/angelina-county-tx-oil-gas)
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### Author:  [@James\_Childress](https://www.mineralrightsforum.com/u/James_Childress)
#### Post date: [July 30, 2014, 5:32pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/7 "2014-07-30T17:32:43Z")
Clint,
Indexas is the name I believe. They are out of Houston.
~James
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [July 30, 2014, 5:37pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/8 "2014-07-30T17:37:36Z")
Indexas LLC
[http://indxs.com/about-us.html](http://indxs.com/about-us.html)
James Childress said:
> Clint,
>
> Indexas is the name I believe. They are out of Houston.
>
> ~James
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### Author:  [@Buddy\_Cotten](https://www.mineralrightsforum.com/u/Buddy_Cotten)
#### Post date: [July 31, 2014, 7:03am UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/9 "2014-07-31T07:03:19Z")
Dear Mr. Childress,
They are asking you to trade against yourself. This falls into the category of the beginning of a negotiation. Read here for some suggestions:
[http://www.mineralrightsforum.com/profiles/blogs/negotiation-101](http://www.mineralrightsforum.com/profiles/blogs/negotiation-101)
Best
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### Author:  [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [July 31, 2014, 11:54pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/10 "2014-07-31T23:54:27Z")
I would just tell them no thank you at this time. They will either come back with a concrete proposal or not. It sounds to me like they are fishing for someone to lease far below whatever the market value is. Don’t let it be you.
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### Author:  [@Gerald\_Perkins](https://www.mineralrightsforum.com/u/Gerald_Perkins)
#### Post date: [November 14, 2017, 4:30pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/11 "2017-11-14T16:30:52Z")
I had a company lease my 100 acres in Angelina County about 10 years ago. The lease amount then was $1500 per acre. There was speculation that a gas well may be in the works behind my property but after the 3 +2 lease was over, nothing happened. I did have a company offer $5000 an acre to buy the Mineral Rights about the same time, but I held out. Hindsight says I should have sold!
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [November 14, 2017, 4:35pm UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/12 "2017-11-14T16:35:23Z")
In the future I think you will be glad you didn’t sell.
Clint Liles
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 12:26am UTC](https://www.mineralrightsforum.com/t/angelina-co-tx-mineral-lease-opportunity/9745/13 "2018-08-15T00:26:52Z")