Working well value

How do I know what the value of a working leasehold acre is in Reagan County? I was recently offered $500 per acre.

You would need to give a location abstract for anyone to be able to comment.

Not sure what that is but this is on the offer: N/2 SW/4 of Section 48, Block 37, Township 5 South, Reagan County, Texas rights below 9000 ft.

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