Mineral Lease rates in Pecos East Division

What is the on going rates for leasing minerals in Pecos East Division next to the Pecos River?

Depends entirely on the proven wells in the area…but generally from $2500/nma to $18,000/nma and for surface land rights $1000/acre up to about $12,000/acre.

, Reeves county, Tx :sunglasses::rofl::rainbow::stars::ribbon:

1 Like