What is the going rate for mineral leases in Glasscock County, Texas. Mineral acres have wells drilled on all four sides and they are producing.
Depends on surrounding results, amount of net mineral acres you have, and access issues. Very hot county. Start at double what you hear the going rate is on bonus and 30% on the royalty.
I have 320.5 acres and Pioneer has drilled many wells in the area. Block 35, T-2-S.
Section? Mostly vertical wells in this block. Not really sure of bonuses in this block.