We don’t do alot of business in TX so I don’t have a great pulse on market pricing for leases in Houston County. We have a group trying to lease our minerals for $275 an acre for 3 yr, 20% royalty lease. Can anyone share some top end offers they’ve received? Offers at 20% royalty? Also, anyone getting options to lease at 25%? That’s normally the royalty we require in our OK leases.
Prior posts in the Houston County section of this forum will give you some background on what is happening in Houston County:
https://www.mineralrightsforum.com/c/texas-mineral-rights/houston-county-tx
If you post where your minerals are located (survey name and abstract number) and what group sent you a lease offer a number of us will be able to help you.