Lease Agreement Leon County TX

Texas Mineral Rights Leon County, TX
1

I was just offered $175 NMA and 20% royalties for 3 NMA in Copeland A-162 survey area for 5 years. Sharing this information to see if this is poor, average or good deal?

2

Hi BobIV, I don’t know nothing about nothing. But I own some Leon County minerals, and if those were mine, I would hope for closer to $850, and 25%, and a 3 year primary term. Good luck.

1 Like
3

This is a link to the RRC Map Viewer showing one of the wells drilled from Abstract 162 in Leon County, Texas. Below is the oil production from that well. Five years seems like a long time to lock up your minerals for $175/nma and a 20% royalty.

| Lease Name: SULLY UNIT , Lease No.: 04037 Well Type: Oil District: 05 Lease Production and Disposition

Date Range: Nov 1993 - Oct 2025
143 results Page: 1 of 1 Page Size: View All 5 10 20 25 50 100
Date OIL (BBL) Casinghead (MCF) Operator Name Operator No. Field Name Field No.
Production Disposition Production Disposition
undefined ---- ---- ---- ----
Dec 2013 3,893 3,009 2,132 2,132 EOG RESOURCES, INC. 253162
undefined ---- ---- ---- ---- ---- ----
Jan 2014 17,417 18,172 5,960 5,960
undefined ---- ---- ---- ---- ---- ----
Feb 2014 6,580 6,057 2,473 2,473
undefined ---- ---- ---- ---- ---- ----
Mar 2014 8,665 8,857 3,383 3,383
undefined ---- ---- ---- ---- ---- ----
Apr 2014 7,478 7,600 3,062 3,062
undefined ---- ---- ---- ---- ---- ----
May 2014 6,514 6,591 2,816 2,816
undefined ---- ---- ---- ---- ---- ----
Jun 2014 5,692 5,662 2,403 2,403
undefined ---- ---- ---- ---- ---- ----
Jul 2014 5,218 4,842 2,282 2,282
undefined ---- ---- ---- ---- ---- ----
Aug 2014 4,708 5,059 1,987 1,987
undefined ---- ---- ---- ---- ---- ----
Sep 2014 3,803 3,886 1,565 1,565
undefined ---- ---- ---- ---- ---- ----
Oct 2014 4,116 3,952 1,488 1,488
undefined ---- ---- ---- ---- ---- ----
Nov 2014 3,726 3,692 0 0
undefined ---- ---- ---- ---- ---- ----
Dec 2014 3,583 3,522 1,181 1,181
undefined ---- ---- ---- ---- ---- ----
Jan 2015 3,385 3,499 1,057 1,057
undefined ---- ---- ---- ---- ---- ----
Feb 2015 2,983 2,616 933 933
undefined ---- ---- ---- ---- ---- ----
Mar 2015 3,203 3,520 1,058 1,058
undefined ---- ---- ---- ---- ---- ----
Apr 2015 3,593 3,852 1,445 1,445
undefined ---- ---- ---- ---- ---- ----
May 2015 3,280 2,991 1,487 1,487
undefined ---- ---- ---- ---- ---- ----
Jun 2015 2,889 3,094 1,298 1,298
undefined ---- ---- ---- ---- ---- ----
Jul 2015 2,801 2,688 1,330 1,330
undefined ---- ---- ---- ---- ---- ----
Aug 2015 2,667 2,722 1,228 1,228
undefined ---- ---- ---- ---- ---- ----
Sep 2015 2,461 2,519 1,109 1,109
undefined ---- ---- ---- ---- ---- ----
Oct 2015 2,534 2,555 1,314 1,314
undefined ---- ---- ---- ---- ---- ----
Nov 2015 2,365 2,226 1,212 1,212
undefined ---- ---- ---- ---- ---- ----
Dec 2015 2,374 2,414 1,201 1,201
undefined ---- ---- ---- ---- ---- ----
Jan 2016 2,304 2,406 1,194 1,194
undefined ---- ---- ---- ---- ---- ----
Feb 2016 2,110 1,841 1,091 1,091
undefined ---- ---- ---- ---- ---- ----
Mar 2016 2,112 2,401 856 856
undefined ---- ---- ---- ---- ---- ----
Apr 2016 2,066 1,950 757 757
undefined ---- ---- ---- ---- ---- ----
May 2016 2,041 2,121 2,045 2,045 HAWKWOOD ENERGY OPERATING, LLC 367676
undefined ---- ---- ---- ---- ---- ----
Jun 2016 1,972 2,018 804 804
undefined ---- ---- ---- ---- ---- ----
Jul 2016 1,854 1,833 791 791
undefined ---- ---- ---- ---- ---- ----
Aug 2016 1,948 1,848 761 761
undefined ---- ---- ---- ---- ---- ----
Sep 2016 1,826 1,851 756 756
undefined ---- ---- ---- ---- ---- ----
Oct 2016 1,797 1,836 748 748
undefined ---- ---- ---- ---- ---- ----
Nov 2016 1,729 1,769 694 694
undefined ---- ---- ---- ---- ---- ----
Dec 2016 1,749 1,644 660 660
undefined ---- ---- ---- ---- ---- ----
Jan 2017 1,723 1,654 599 599
undefined ---- ---- ---- ---- ---- ----
Feb 2017 1,520 1,603 581 581
undefined ---- ---- ---- ---- ---- ----
Mar 2017 1,649 1,632 635 635
undefined ---- ---- ---- ---- ---- ----
Apr 2017 1,566 1,425 559 559
undefined ---- ---- ---- ---- ---- ----
May 2017 1,552 1,616 559 559
undefined ---- ---- ---- ---- ---- ----
Jun 2017 1,491 1,577 584 584
undefined ---- ---- ---- ---- ---- ----
Jul 2017 1,443 1,423 304 304
undefined ---- ---- ---- ---- ---- ----
Aug 2017 1,454 1,506 353 353 VESS OIL CORPORATION 884750
undefined ---- ---- ---- ---- ---- ----
Sep 2017 1,441 1,324 790 790
undefined ---- ---- ---- ---- ---- ----
Oct 2017 1,463 1,316 787 787
undefined ---- ---- ---- ---- ---- ----
Nov 2017 1,397 1,523 717 717
undefined ---- ---- ---- ---- ---- ----
Dec 2017 1,423 1,322 680 680
undefined ---- ---- ---- ---- ---- ----
Jan 2018 1,389 1,465 621 621
undefined ---- ---- ---- ---- ---- ----
Feb 2018 1,245 1,141 492 492
undefined ---- ---- ---- ---- ---- ----
Mar 2018 1,346 1,331 524 524
undefined ---- ---- ---- ---- ---- ----
Apr 2018 1,284 1,326 469 469
undefined ---- ---- ---- ---- ---- ----
May 2018 1,305 1,454 458 458
undefined ---- ---- ---- ---- ---- ----
Jun 2018 1,406 1,246 485 485
undefined ---- ---- ---- ---- ---- ----
Jul 2018 1,053 1,093 678 678
undefined ---- ---- ---- ---- ---- ----
Aug 2018 1,230 1,258 645 645
undefined ---- ---- ---- ---- ---- ----
Sep 2018 1,159 1,062 616 616
undefined ---- ---- ---- ---- ---- ----
Oct 2018 1,182 1,082 609 609
undefined ---- ---- ---- ---- ---- ----
Nov 2018 1,152 1,098 575 575
undefined ---- ---- ---- ---- ---- ----
Dec 2018 1,162 1,262 580 580
undefined ---- ---- ---- ---- ---- ----
Jan 2019 1,157 1,305 569 569
undefined ---- ---- ---- ---- ---- ----
Feb 2019 1,061 808 569 569
undefined ---- ---- ---- ---- ---- ----
Mar 2019 1,145 1,302 633 633
undefined ---- ---- ---- ---- ---- ----
Apr 2019 1,068 891 593 593
undefined ---- ---- ---- ---- ---- ----
May 2019 1,069 914 559 559
undefined ---- ---- ---- ---- ---- ----
Jun 2019 1,044 1,281 545 545
undefined ---- ---- ---- ---- ---- ----
Jul 2019 1,103 940 629 629
undefined ---- ---- ---- ---- ---- ----
Aug 2019 1,046 1,251 640 640
undefined ---- ---- ---- ---- ---- ----
Sep 2019 1,005 885 608 608
undefined ---- ---- ---- ---- ---- ----
Oct 2019 1,030 1,118 574 574
undefined ---- ---- ---- ---- ---- ----
Nov 2019 973 905 538 538
undefined ---- ---- ---- ---- ---- ----
Dec 2019 1,007 925 534 534
undefined ---- ---- ---- ---- ---- ----
Jan 2020 983 1,077 520 520
undefined ---- ---- ---- ---- ---- ----
Feb 2020 920 912 454 454
undefined ---- ---- ---- ---- ---- ----
Mar 2020 991 360 520 520
undefined ---- ---- ---- ---- ---- ----
Apr 2020 930 1,600 507 507
undefined ---- ---- ---- ---- ---- ----
May 2020 570 539 221 221
undefined ---- ---- ---- ---- ---- ----
Jun 2020 918 911 368 368
undefined ---- ---- ---- ---- ---- ----
Jul 2020 1,222 1,094 749 749
undefined ---- ---- ---- ---- ---- ----
Aug 2020 956 1,084 552 552
undefined ---- ---- ---- ---- ---- ----
Sep 2020 889 909 490 490
undefined ---- ---- ---- ---- ---- ----
Oct 2020 894 904 488 488
undefined ---- ---- ---- ---- ---- ----
Nov 2020 865 719 440 440
undefined ---- ---- ---- ---- ---- ----
Dec 2020 886 734 417 417
undefined ---- ---- ---- ---- ---- ----
Jan 2021 880 907 430 430
undefined ---- ---- ---- ---- ---- ----
Feb 2021 687 544 363 363
undefined ---- ---- ---- ---- ---- ----
Mar 2021 940 1,095 426 426
undefined ---- ---- ---- ---- ---- ----
Apr 2021 818 889 410 410
undefined ---- ---- ---- ---- ---- ----
May 2021 851 371 409 409
undefined ---- ---- ---- ---- ---- ----
Jun 2021 821 1,278 412 412
undefined ---- ---- ---- ---- ---- ----
Jul 2021 809 730 438 438
undefined ---- ---- ---- ---- ---- ----
Aug 2021 780 724 268 268
undefined ---- ---- ---- ---- ---- ----
Sep 2021 768 905 386 386
undefined ---- ---- ---- ---- ---- ----
Oct 2021 795 721 392 392
undefined ---- ---- ---- ---- ---- ----
Nov 2021 766 736 350 350
undefined ---- ---- ---- ---- ---- ----
Dec 2021 796 745 361 361
undefined ---- ---- ---- ---- ---- ----
Jan 2022 778 901 327 327
undefined ---- ---- ---- ---- ---- ----
Feb 2022 701 733 281 281
undefined ---- ---- ---- ---- ---- ----
Mar 2022 767 724 336 336
undefined ---- ---- ---- ---- ---- ----
Apr 2022 691 721 335 335
undefined ---- ---- ---- ---- ---- ----
May 2022 753 549 356 356
undefined ---- ---- ---- ---- ---- ----
Jun 2022 721 899 346 346
undefined ---- ---- ---- ---- ---- ----
Jul 2022 741 545 368 368
undefined ---- ---- ---- ---- ---- ----
Aug 2022 734 901 360 360
undefined ---- ---- ---- ---- ---- ----
Sep 2022 703 696 337 337
undefined ---- ---- ---- ---- ---- ----
Oct 2022 731 718 345 345
undefined ---- ---- ---- ---- ---- ----
Nov 2022 703 725 306 306
undefined ---- ---- ---- ---- ---- ----
Dec 2022 736 541 337 337
undefined ---- ---- ---- ---- ---- ----
Jan 2023 722 919 328 328
undefined ---- ---- ---- ---- ---- ----
Feb 2023 656 545 295 295
undefined ---- ---- ---- ---- ---- ----
Mar 2023 714 725 340 340
undefined ---- ---- ---- ---- ---- ----
Apr 2023 683 717 301 301
undefined ---- ---- ---- ---- ---- ----
May 2023 707 715 314 314
undefined ---- ---- ---- ---- ---- ----
Jun 2023 664 535 317 317
undefined ---- ---- ---- ---- ---- ----
Jul 2023 673 715 340 340
undefined ---- ---- ---- ---- ---- ----
Aug 2023 671 714 670 670
undefined ---- ---- ---- ---- ---- ----
Sep 2023 647 545 322 322
undefined ---- ---- ---- ---- ---- ----
Oct 2023 658 721 316 316
undefined ---- ---- ---- ---- ---- ----
Nov 2023 653 546 291 291
undefined ---- ---- ---- ---- ---- ----
Dec 2023 664 728 283 283
undefined ---- ---- ---- ---- ---- ----
Jan 2024 664 701 271 271
undefined ---- ---- ---- ---- ---- ----
Feb 2024 616 538 248 248
undefined ---- ---- ---- ---- ---- ----
Mar 2024 654 708 269 269
undefined ---- ---- ---- ---- ---- ----
Apr 2024 630 537 261 261
undefined ---- ---- ---- ---- ---- ----
May 2024 642 712 283 283
undefined ---- ---- ---- ---- ---- ----
Jun 2024 610 523 264 264
undefined ---- ---- ---- ---- ---- ----
Jul 2024 630 709 276 276
undefined ---- ---- ---- ---- ---- ----
Aug 2024 624 538 276 276
undefined ---- ---- ---- ---- ---- ----
Sep 2024 600 701 238 238
undefined ---- ---- ---- ---- ---- ----
Oct 2024 615 544 258 258
undefined ---- ---- ---- ---- ---- ----
Nov 2024 593 546 241 241
undefined ---- ---- ---- ---- ---- ----
Dec 2024 614 545 211 211
undefined ---- ---- ---- ---- ---- ----
Jan 2025 604 728 101 101
undefined ---- ---- ---- ---- ---- ----
Feb 2025 551 542 201 201
undefined ---- ---- ---- ---- ---- ----
Mar 2025 606 526 277 277
undefined ---- ---- ---- ---- ---- ----
Apr 2025 572 539 283 283
undefined ---- ---- ---- ---- ---- ----
May 2025 590 708 309 309
undefined ---- ---- ---- ---- ---- ----
Jun 2025 560 538 311 311
undefined ---- ---- ---- ---- ---- ----
Jul 2025 570 538 257 257
undefined ---- ---- ---- ---- ---- ----
Aug 2025 561 539 235 235
undefined ---- ---- ---- ---- ---- ----
Sep 2025 547 552 204 204
undefined ---- ---- ---- ---- ---- ----
Oct 2025 561 518 212 212
undefined ---- ---- ---- ---- ---- ----
Total 235,999 234,675 101,460 101,460
undefined ---- ---- ---- ---- ---- ----
undefined ----
4

What I can tell you is we received 10 times in MMA what you are being offered. This was back in 2023. The Leon/Freestone/Anderson Co. play is much more solidified now. The number you are being offered is not a good offer in my opinion.

5

The A-162 Survey is not in the Comstock lease area. See the comments in this earlier post:

https://www.mineralrightsforum.com/t/promising-activity-in-this-area/83528

1 Like
6

Thanks for the information