Mineral Lease rates in Pecos East Division


#1

What is the on going rates for leasing minerals in Pecos East Division next to the Pecos River?


#2

Depends entirely on the proven wells in the area…but generally from $2500/nma to $18,000/nma and for surface land rights $1000/acre up to about $12,000/acre.

ol’ Lawrence in Verhalen, Reeves county, Tx :sunglasses::rofl::rainbow::stars::ribbon: