North Washington county Texas minerals

Michael R Mathews · 2017-11-16T22:32:35Z

I am new to this forum. My family owns 50 net mineral acres in northern Washington County about 0.5 miles south of the County line and about 3 miles west from Independence, Texas. We have 3 suitors wanting to lease from us. Esquisto and TMH and Verdun. I personally own 30 acres of the surface rights and my 9 siblings and I own the minerals of my 30 and the 20 on the Yague Creek that separates Washington from Burleson Counties. My question is 22.5% of produced oil a good number? Is $1250 per net mineral acre a good 3 year lease? Is anyone on this forum currently leasing around me? Thanks

Shales Eagle Ford Shale

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