How much to sell water for

William Clark · 2013-10-05T17:25:42Z

My family has acreage in Walker County off of FM 405. It is leased and we have been given a right away agreement to sign. The oil company is offering 25 cents a barrel for our water after they recoup the cost of drilling the water well. Is this in line? Based on what I have read, the average well uses between 2- 4 millon gallons of water. On the low end this would only be around 25k for our water less the well cost. Afraid that would net us little or nothing.

Texas Mineral Rights Walker County, TX

show post in topic

Home
Categories
Guidelines
Terms of Service
Privacy Policy

Powered by Discourse, best viewed with JavaScript enabled