Hello. I received an oil & gas lease proposal for minerals in Rusk County, Texas. The royalty is 20% with a signing bonus of $1,000 per acre. Is that the current rate for Rusk County? Thank you for any assistance.
I am not familiar with Rusk County, but lease terms will vary widely across any county, depending on the geology. So you will get answers if you post information about the location of your minerals within Rusk County.
And Robert, who is the lease proposal from? We have some old Cotton Valley wells that I’m hoping will be re-entered and horizontally drilled in Bossier/Haynesville Shale. TGNR is our Operator.
Where are your minerals located in Rusk? I have minerals in several locations.
Who is leasing? What company?
I have producing minerals in Minden Cotton Valley Spikes units. It has shale below the Cotton Valley.
Sabine Oil & Gas is operator.
Plus I have other minerals in Rusk unleashed.
You may get more help if you specify the Block, Abstract name and number, plus section. Geology varies widely across the county.
Robert,
Where are your minerals in Rusk County?
Robert,
Could you please provide the name of the leasing company and where your minerals are located?
Thanks much.
Robert,
I would also like to know where the minerals in Rusk County are located and who is the operator that is interested.
Please have them contact me.
This topic was automatically closed after 90 days. New replies are no longer allowed.