# Oil lease offer Lavaca county tx

**URL:** https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310
**Category:** Lavaca County, TX
**Created:** [February 15, 2024, 3:39pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310 "2024-02-15T15:39:20Z")
**Posts on this page:** 6
**Page:** 1

<div class="post-metadata">

### Author: ![Sjan2024](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/f475e1/32.png) [@Sjan2024](https://www.mineralrightsforum.com/u/Sjan2024)
#### Post date: [February 15, 2024, 3:39pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/1 "2024-02-15T15:39:21Z")

</div>

We were offered a 3-year primary $1200-1400 lease bonus, with 3-year option to extend and 20-22% royalty. Henry Vollentine Survey, A-479, Lavaca County, Texas. Is this a good offer or should we negotiate? We are new to this, so any information you can provide will be very helpful.

---

<div class="post-metadata">

### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [February 17, 2024, 4:08pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/2 "2024-02-17T16:08:53Z")

</div>

Someone more familiar with Lavaca can tell more as to bonus amounts, but in general, you want the highest royalty you can get. Most of us prefer 25%. I never agree to an extension as the power remains with the lessee to renew or leave you hanging and I want a competitive price three years later if there has not been drilling.

If this is your first time leasing, it is very wise to invest in a good oil and gas attorney to review the lease. Most draft leases are entirely in the operator’s favor and need quite a bit of strategic editing.

---

<div class="post-metadata">

### Author: ![MR\_ML](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/b5e925/32.png) [@MR\_ML](https://www.mineralrightsforum.com/u/MR_ML)
#### Post date: [February 17, 2024, 9:29pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/3 "2024-02-17T21:29:55Z")

</div>

Where are you located in the Vollentine survey? This makes a big difference on pricing…are you close to the Lavaca River?

---

<div class="post-metadata">

### Author: ![MR\_ML](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/b5e925/32.png) [@MR\_ML](https://www.mineralrightsforum.com/u/MR_ML)
#### Post date: [February 17, 2024, 9:31pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/4 "2024-02-17T21:31:09Z")

</div>

Also how many acres do you have? This is also figured in… thanks

---

<div class="post-metadata">

### Author: ![Sjan2024](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/f475e1/32.png) [@Sjan2024](https://www.mineralrightsforum.com/u/Sjan2024)
#### Post date: [February 20, 2024, 1:35pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/5 "2024-02-20T13:35:20Z")

</div>

3-4 miles from river

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [May 15, 2024, 3:40pm UTC](https://www.mineralrightsforum.com/t/oil-lease-offer-lavaca-county-tx/74310/6 "2024-05-15T15:40:10Z")

</div>

This topic was automatically closed after 90 days. New replies are no longer allowed.