What is going rate for lease fees and royalties in NW part of Wheeler Co?

CD Harper · 2015-12-12T23:58:24Z

Hi. My elderly mother owns some mineral rights about 3 miles NW of Mobeetie in Wheeler County, Texas. She has been approached about leasing, and is wondering if anyone can tell her what the going rate is for leases around there. In looking at O&G maps, it appears that the most numerous and productive wells are in the SE part of the county. But we are also wondering how we can tell if activity is heating up in the NW and if any new wells have come on line in that area recently? We will appreciate any help that you all can give us.

Texas Mineral Rights Wheeler County, TX