Our family has received an offer to lease mineral rights on property in Jones County, Texas. The offer is $35/acre and 7% royalty. Does anyone have any information on mineral right leases in that area? We recently concluded a much better lease on property in Hockley County and are wondering why the offer in Jones County is so much less.
I got your reply. Do you remember the company who made the offer? DWR Oil Co made us the offer. I do not know of any activity going on but my mineral rights are in the Berry & Coggins subdivision. I will try to find out where that is. Must not be much going on as we are only one posting in Jones County. I take it you heard nothing more from the company who made the offer.