# Lease Inquiry in Fayette County
**URL:** https://www.mineralrightsforum.com/t/lease-inquiry-in-fayette-county/85445
**Category:** Fayette County, TX
**Created:** [January 12, 2026, 8:03pm UTC](https://www.mineralrightsforum.com/t/lease-inquiry-in-fayette-county/85445 "2026-01-12T20:03:38Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Carolyn3](https://www.mineralrightsforum.com/u/Carolyn3)
#### Post date: [January 12, 2026, 8:03pm UTC](https://www.mineralrightsforum.com/t/lease-inquiry-in-fayette-county/85445/1 "2026-01-12T20:03:39Z")
Any landman working on behalf of NewPenn Exploration LLC letters of acquiring leases? I got one today. What is a competitive price per acre?
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### Author:  [@Bigfoot](https://www.mineralrightsforum.com/u/Bigfoot)
#### Post date: [January 13, 2026, 2:20am UTC](https://www.mineralrightsforum.com/t/lease-inquiry-in-fayette-county/85445/2 "2026-01-13T02:20:15Z")
First, where is your lease property located? At least a general area of the county. I’m only familiar with one signed lease offer and that has been a couple of years. My best memory.
Two choices: 1) 3-year lease $750, 20% royalty and 2-year option of $500
#2: 3-year lease $500, 22.5% royalty and 2-year option of ???
IMO, getting a lease can be a real positive; but, remember that a lease can and more than likely will have some real gotchas, so don’t sign anything until a knowledgeable and trusting attorney or lease expert has given the lease a good look!
Good luck!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 12, 2026, 8:03pm UTC](https://www.mineralrightsforum.com/t/lease-inquiry-in-fayette-county/85445/3 "2026-04-12T20:03:43Z")
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