Drake Exploration Files First Leases In Anderson County 4/11/2025

Texas Mineral Rights Anderson County, TX
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Drake recorded 31 lease memos in Anderson County today. The leased acreage is in 12 surveys located in southwestern Anderson County and one survey in northwestern Houston County. The filings covered 3,479 acres.

The leases were either 4/2 or 3/3 (primary/extension) with lease effective dates ranging from 6/18/2024 to 3/28/2025. One unusual feature in the leases: Drake has the right of first refusal to any top lease or mineral purchase offers received by the lessors.

Here’s a map of the Anderson County surveys that contain leased acreage:

Drake Anderson 04.11.2025
Drake Anderson 04.11.20251529×931 293 KB

46% of the total leased acreage is located in the two big surveys bordering the Trinity River (RW Box A-11 and SC Box A-12).

Here’s a breakout of the leased acreage by survey:

SC Box A-12: 550

RW Box A-12: 1,057

TN Little A-497: 230

M Murchison A-509: 833

SC Collison A-167: 230

R Brown A-108: 22

S Little A-492: 40

J Kyle A-466: 168

R Caldwell A-224 + M Main A-506 + R Brown A-108: 81

S Goodwin A-307 + J Teague A-769: 184

S Little A-492 + S Little A-1310 (Houston): 85

Drake intends to lease 30,000 acres in northwestern Houston County and 30,000 acres in southwestern Anderson County. Consequently, we should see lots of lease filings in the coming months!

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I have been contacted re mineral lease in A-21 Williston Ewing Survey. I am not sure where it is located on the map. The offer seems low. Do you have information on the current leases in Anderson County?

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I have holdings in A66 and A260. As these close to the ones being leased? Thanks.

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Here is the location of the Ewing Survey:

Ewing Survey
Ewing Survey1529×931 291 KB

I assume Drake has contacted you about a lease? They are in the early stages of leasing in Anderson County, so there isn’t much info available on lease terms. However, it is likely that they will try to get as many leases as possible at a low cost.

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260 may be a bit too far to the north for this first round of leasing, although nothing is certain. 66 is probably a bit too far to the east.

Keep in mind this is a developing lease project, so facts are hard to come by right now.

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