# Lease agreement received
**URL:** https://www.mineralrightsforum.com/t/lease-agreement-received/21012
**Category:** Karnes County, TX
**Created:** [June 27, 2012, 11:48pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012 "2012-06-27T23:48:56Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Susan\_E\_Hallmark](https://www.mineralrightsforum.com/u/Susan_E_Hallmark)
#### Post date: [June 27, 2012, 11:48pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/1 "2012-06-27T23:48:56Z")
I received the lease agreement today. Bonus is $1000 per acre with 20% royalty. This is in Karnes County in the Falls City area. My share is not huge but nice to have. Would anyone like to share any information on what has been offered in this area? Have read all I can get my hands on so far as I cannot afford an attorney at this time.
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### Author:  [@Susan\_E\_Hallmark](https://www.mineralrightsforum.com/u/Susan_E_Hallmark)
#### Post date: [June 28, 2012, 1:29am UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/2 "2012-06-28T01:29:56Z")
Sorry, forgot to add they want a 3-year lease with 3-year extension. This is from EOG and was told they wouldn’t start to drill until December of this year.
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### Author:  [@JBBR](https://www.mineralrightsforum.com/u/JBBR)
#### Post date: [June 28, 2012, 6:35pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/3 "2012-06-28T18:35:39Z")
Most are receiving at least $2000 an acre bonus and 25% royalty at the present. Some are receiving more in the bonus area. I would not sign an extension as it is only in their favor. I would recommend you hire an Oil and Gas attorney. It will save you a lot of headache and money in the future, plus they don’t cost as much as one would think.
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### Author:  [@Susan\_E\_Hallmark](https://www.mineralrightsforum.com/u/Susan_E_Hallmark)
#### Post date: [June 28, 2012, 10:56pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/4 "2012-06-28T22:56:54Z")
Thanks for the information. Was not considering an extension thanks to this web site. That sounds like a good start for a bonus and royalty.
Most are receiving at least $2000 an acre bonus and 25% royalty at the present. Some are receiving more in the bonus area. I would not sign an extension as it is only in their favor. I would recommend you hire an Oil and Gas attorney. It will save you a lot of headache and $ in the future, plus they don’t cost as much as one would think.
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### Author:  [@Brenda\_Zachman](https://www.mineralrightsforum.com/u/Brenda_Zachman)
#### Post date: [July 17, 2012, 9:16pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/5 "2012-07-17T21:16:37Z")
Susan, the Luis Menchaca A-5 grant is a big area, can you tell me where your mineral rights are at. You piqued my interest when you said you had heard they were going to start drilling in December. I have 140 acres on the west side of 181 and FM 204 in Karnes County. Leased to EOG since 2008 and thought maybe they were going to let the lease run out since we had not heard anything. Does anyone else know any new information about EOG and drilling in that area?
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### Author:  [@Susan\_E\_Hallmark](https://www.mineralrightsforum.com/u/Susan_E_Hallmark)
#### Post date: [July 17, 2012, 10:14pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/6 "2012-07-17T22:14:47Z")
I found out it is 1/2 mile NE of Falls City. Not sure exactly where as I don’t own the land. So far that is all I know and will try to find out more.
Brenda Zachman said:
> Susan, the Luis Menchaca A-5 grant is a big area, can you tell me where your mineral rights are at. You piqued my interest when you said you had heard they were going to start drilling in December. I have 140 acres on the west side of 181 and FM 204 in Karnes County. Leased to EOG since 2008 and thought maybe they were going to let the lease run out since we had not heard anything. Does anyone else know any new information about EOG and drilling in that area?
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### Author:  [@Brenda\_Zachman](https://www.mineralrightsforum.com/u/Brenda_Zachman)
#### Post date: [July 17, 2012, 11:38pm UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/7 "2012-07-17T23:38:14Z")
Susan, thanks for the info. My property is about 1/2 mile northwest of Falls City. Still would like to know if EOG is going to do any drilling on that side of 181. If you hear anything please post to this website.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 3:37am UTC](https://www.mineralrightsforum.com/t/lease-agreement-received/21012/8 "2018-08-15T03:37:38Z")