I have a lease in both Loving county and Grayson county, can anyone help me know what the going lease rate in these two areas are?
my mineral rights are located 4.6 miles ne mentone sec 1 block c27. i leased to anadarko for 700.00 an acre 3 years ago before i was aware of this forum. i think i could have negotiated higher but i just took what they offered, my lease is up in september will see then wat rates are then, there is activity now in the area.
they are just offering us (same Company) 500 ours is up this summer, however they did give the other owners of the same lease 700 a year ago also. They kind of did us dirty its a long story, would like to find a different company to lease to
joe spence said:
my mineral rights are located 4.6 miles ne mentone sec 1 block c27. i leased to anadarko for 700.00 an acre 3 years ago before i was aware of this forum. i think i could have negotiated higher but i just took what they offered, my lease is up in september will see then wat rates are then, there is activity now in the area.