Updated weekly
Below are real lease and purchase offers shared by mineral owners in Leon County, Tx
Jan 22, 2026 — Purchase & Lease Options
Purchase: $2,000 (4 acres) / NMA — asking $5,000 / NMA
Lease: $175 / NMA — 20% royalty — 5 year lease
Lease Owner Counter: $1,000 NMA, 25% royalties (cost free), 3 year + 2 year option
Details:
Survey / Abstract: Copeland, A-162
Buyer (purchase): unknown (landman based in Fort Worth)
Buyer (lease): Grizzly Land Services
Notes: Owner has written lease offer from Grizzly. Considering countering lease at higher bonus and royalty. Purchase offer received at $2,000 / NMA; owner considering asking $5,000 / NMA.
Jan 17, 2026 — Lease
$700 / NMA (.5 net acres) — 20% royalty — 2 year extension at $400 / NMA
Details:
Survey / Abstract: W. Johnston, A-444
Offers vary a lot based on location in Leon County
Get context on an offer you received
Jan 8, 2026 — 2 Lease Options
Option A: $800 / NMA — 22% royalty — 3 + 2 years
Option B: $1,000 / NMA — 20% royalty — 5 years
Details:
Buyer: Fredonia
Survey / Abstract: W.J. Woodard A-1282 || J.W. Morrison A-1264 || A. Smith A-833
Extension: $600 (Option A)
Dec 30, 2025 — Lease
$175 / NMA (3 net acres) — 20% royalty — 5 years
Details:
Survey / Abstract: Copeland, A-162
Buyer: unknown
Dec 18, 2025 — Lease
$1,000 / NMA — 22.5% royalty — term unknown
Details:
Buyer: Fredonia Land and Resources
Location notes: Trinity River Bottom, eastern side of Leon County, ~5 miles south of Hwy 7 east of Centerville
Gross acreage: 1,400+ surface acres
Notes: Offer confirmed by owner; lease seen in writing.
Dec 3, 2025 — Purchase
$3,636 / NMA (3.3 acres, $12,000 total)
Details: Survey / Abstract: unknown, A-202
Buyer: unknown
Nov 25, 2025 — Lease (Renewed)
$1,325 / NMA (unclear) — 25% royalty — term not provided
Details: Buyer: Mitsui
Survey / Abstract: Milleions A-541 || Killough A-468
Nov 24, 2025 — Lease
$700 / NMA — 20% royalty (deductible) — term not provided
Details: Buyer: unknown
Survey / Abstract: Milleions A-541 || Killough A-468
Notes: Owner is submitting a counter-offer
Nov 11, 2025 — Lease (Counter Offer)
$2,500 / NMA — 25% royalty — 3 years + option (no extension)
Details: Buyer: Fredonia
Survey / Abstract: Milleions A-541 || Killough A-468
Notes: Counter to offer below. Owner requested drilling commitment in writing.
Oct 14, 2025 — Lease
$800 / NMA — 20% royalty — term not provided
Details:
Buyer: unknown
Survey / Abstract: William Dunlap A-237
Offers vary a lot based on location in Leon County
Get context on an offer you received
Oct 7, 2025 — Lease
$500 / NMA — 25% royalty — 3 + 2 years
Details:
Buyer: Fredonia
Survey / Abstract: W.J. Woodard A-1282 || J.W. Morrison A-1264 || A. Smith A-833
Oct 3, 2025 — Lease
$800 / NMA (7.4639 acres) — 18.75% royalty — 3 + 2 years
Details:
Buyer: unknown
Survey / Abstract: BBB & CRR A-137 || W.S. Wallace A-929 || Jacob Burleson A-53 || G.W. Lummus A-523
Sep 10, 2025 — Lease
$500 / NMA (4 acres) — 20% royalty — 5 + 2 years
Details:
Buyer: unknown
Survey / Abstract: A-1195 || A-404 || A-638 || A-137 || A-682 || A-467
Notes: Tried to negotiate shorter term and higher bonus. Negotiated cost-free royalty, lessor defends title, return of non-producing land at end of primary term.
Aug 19, 2025 — Lease
$1,000 / NMA — 25% royalty — term not provided
Details: Survey / Abstract: unknown, A-unknown