I was offered $10.00 per acre for a seismic study. Does anyone know the going rate in McClain county, OK. Have ant landowners pooled their efforts for more protection of their surface rights and better compensation?
Dear Mr. Elassal,
Do you own surface, minerals or both? Is the land currently under lease? What is the size of the tract? If you own minerals, does any other party own minerals?
All of those can affect the offer.
Best
Buddy Cotten
Geokenetics and Dawson have both done work here (Wilbarger County, Texas). I think $10.00/acre + damages was the most either paid.
Each area is unique and local to itself. I was paying $35 per acre for a mineral permit and $50.00 for an option in 2005 in Orange County, Texas.
Best
Buddy Cotten
ldt said:Geokenetics and Dawson have both done work here (Wilbarger County, Texas). I think $10.00/acre + damages was the most either paid.