# Fayette and Lavaca County TX Oil Activity **URL:** https://www.mineralrightsforum.com/t/fayette-and-lavaca-county-tx-oil-activity/53842 **Category:** Fayette County, TX **Created:** [December 9, 2019, 5:35pm UTC](https://www.mineralrightsforum.com/t/fayette-and-lavaca-county-tx-oil-activity/53842 "2019-12-09T17:35:18Z") **Posts on this page:** 1 **Showing post:** 132
### Author: ![Washington\_Irving](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/washington_irving/32/4792_2.png) [@Washington\_Irving](https://www.mineralrightsforum.com/u/Washington_Irving) #### Post date: [September 26, 2024, 5:17pm UTC](https://www.mineralrightsforum.com/t/fayette-and-lavaca-county-tx-oil-activity/53842/132 "2024-09-26T17:17:40Z")
> [@Inherited Mineral Rights Value](https://www.mineralrightsforum.com/t/inherited-mineral-rights-value/77527/2): > > I don’t know your offer, but I would NOT sell. EOG has plans to drill that area. If there is an option period… which I think they had on all their leases in that area, you would be getting another $1,200/acre in 2 years which is $82,000. An example of royalty on your 68 acres… say in a 1200-acre unit/pool that 1 well averages 300 barrels per day first year at $70/barrel and 22% royalty you would get $95,000 the first year alone… this size of unit could have up to 6 wells… so $565,000 just the fi… MR\_ML posted this on another topic and it has so much good information that I’m going to link it hoping that he doesn’t mind. You have to go to that topic to see the whole post. It’s worth your while. I actually have something to add. EOG’s play doesn’t stop at Breslau/Moravia but instead goes on at least as far as ‘Nickerson Farms’ at IH10/US90 in the NE and down to Oakland in the SE. I’ve seen ‘a map’ that I’m not at liberty to share that shows about 1250 acre units as MR\_ML mentioned. The map covers the area SE of SBG. but I imagine it’s pretty consistent everywhere. We’ve had numerous leases over the years that never amounted to anything except some free bonus money, but it just feels different this time. Fingers crossed. --- _[View the full topic](https://www.mineralrightsforum.com/t/fayette-and-lavaca-county-tx-oil-activity/53842)._