Kern County lease per acre amount

J I’m just wondering what folks are getting this year per acre for a oil and gas lease. Kern county. Thank you

The geology changes across the county. You would have to give a more specific legal location to get a better answer.

Rio Viejas and San Emilio Nose area of Kern. Thank you

Rio Viejas pool kern county. Got 85 a acre Now they say 50

Hi Shane, $50 is probably about right. Your $85 offer may have been before the bust at the end of 2014, beginning of 2015. Many leases are offered at $25 - $35 now, but that area and the acreage is likely driving it up. Or if it’s a renewal, they are trying to reduce it without pushing it too low. Good luck!