Hi Mineral Rights Forum,
We are unleased co-tenants on 10.5 acres in N/2 Section 10 Block 55 Township 2 T&P Survey Loving County Texas.
Shell has a well which is currently producing and we will soon be starting a lease negotiation with them.
What are the going rates for leasing bonuses in this area? Any relevant information would be appreciated!
We have plans to contract Wade Cadwell on negotiating the lease. I’d just love to know what we might expect!