Crane County, Texas
Crane County lease offers: what is on record
State land, so a reference and not a price.
The record
Bonus, royalty and term in Crane County
State Relinquishment Act leases
Mar 2022 to Apr 2026, State land
- Leases
- 7
- Median
- $250
- Bonus per acre, middle half
- $250 to $250
- Royalty
- 12.5%
State sealed-bid sales
May 2024 to May 2024, State land
- Leases
- 1
- Median
- $1,000
- Bonus per acre, middle half
- Too few to give a range
- Royalty
- 25%
| Source | Leases | Bonus per acre, middle half | Median | Royalty |
|---|---|---|---|---|
| State Relinquishment Act leasesMar 2022 to Apr 2026, State land | 7 | $250 to $250 | $250 | 12.5% |
| State sealed-bid salesMay 2024 to May 2024, State land | 1 | Too few to give a range | $1,000 | 25% |
Figures are for Crane County. State figures come from the General Land Office's past bid sales. Shared offers are moderated and shown only as a range of at least three offers from at least three people. The State leases State land, so its prices are a reference, not what a private owner will be offered.
| Year | Relinquishment Act leases | State sealed-bid sales |
|---|---|---|
| 2026 | $250 (2 leases) | None |
| 2025 | $250 (3 leases) | None |
| 2024 | None | $1,000 (1 lease) |
| 2023 | $750 (1 lease) | None |
| 2022 | $60 (1 lease) | None |
| 2019 | $175 (1 lease) | None |
| 2018 | $475 (2 leases) | None |
Compare an offer
Where does your Crane County offer fall?
Drilling
New drilling permits in Crane County
359 permits, 292 horizontal.
- Sep 202620
- Aug 202610
- Jul 20264
- Jun 202617
- May 202624
- Apr 20269
- Mar 202625
- Feb 202615
- Jan 20262
- Dec 20258
- Oct 202524
- Sep 202530
| Issued | Operator, lease and type |
|---|---|
| 2026-09-28 | OXY USA EOR, LLCBLOCK 31 UNIT · Vertical |
| 2026-09-25 | Hilcorp Energy CompanyBLOCK 31 UNIT · Vertical |
| 2026-09-18 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-18 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-18 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-17 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-10 | Blackbeard Operating, LLCWADDELL TR 3 · Horizontal |
| 2026-09-09 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-08 | Ring Energy, Inc.LEA, P.J. ETAL · Horizontal |
| 2026-09-04 | Blackbeard Operating, LLCWADDELL 13-25 6BN · Horizontal |
Other counties
Lease figures in other counties
Related
Related
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FAQ
Questions people ask
What do oil and gas leases pay per acre in Crane County, Texas?
Relinquishment Act leases: 7 leases, median bonus $250 per acre (middle half $250 to $250). State sealed-bid sales: 1 lease, median bonus $1,000 per acre. These are State land sales and shared offers, a reference for a private offer and not a promise of one.
What royalty do Crane County leases have?
The most common oil royalty in relinquishment act leases is 12.5 percent. The most common oil royalty in state sealed-bid sales is 25 percent. A private lease sets its own royalty, and the words that figure it matter as much as the fraction.
Is drilling active in Crane County?
The Railroad Commission issued 359 drilling permits in Crane County in the last 24 months, 292 of them for horizontal wells. A permit is permission to drill, not a well.
How do I know if my offer is good?
Compare its bonus, royalty and first term with the figures on this page, then scan the lease itself for the clauses that decide what you are paid: how costs are treated, what land is released after the first term, and any option to extend. The offer check on this page does the first part with no account.
Got a lease in front of you?
The scan quotes the sentence of your lease behind every flag.
Sources
Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.