I too have received an offer from Exxonmobile to lease property for brine. I see some others have also received similar or identical offers and I’m hoping one of them sees this and are willing to give some guidance.
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The offer matches what others in Titus County have received. The 2.5% vs 6.5% choice is the real decision here, and the fact that they can’t tell you what the deductions will be is important. Gathering, compression, and processing costs on brine can wipe out most of a royalty - owners have signed 6.5% deals and ended up with less than they would have gotten at 2.5% gross. Once you sign, you’re locked in for the lease term.
Did they give you a deadline to respond?