Current Lease rates in Section 362, Yoakum County TX


Does anyone know the current lease rates for the W/2 of Section 362, Yoakum County TX?


We leased Section 500 for $400/ac, 1/4, strictly no deductions, with strong depth clause, shut-in and commencement clauses.



Thank you Christine.

Sim Walker



Depending on the number of mineral acres you own somewhere between $400 - $600 per net mineral acre with 22.5 to 25% royalty.