Terrell County, Texas
Terrell County lease offers: what is on record
State land, so a reference and not a price.
The record
Bonus, royalty and term in Terrell County
State Relinquishment Act leases
Aug 2023 to Feb 2026, State land
- Leases
- 6
- Median
- $240
- Bonus per acre, middle half
- $50 to $400
- Royalty
- 12.5%
| Source | Leases | Bonus per acre, middle half | Median | Royalty |
|---|---|---|---|---|
| State Relinquishment Act leasesAug 2023 to Feb 2026, State land | 6 | $50 to $400 | $240 | 12.5% |
Figures are for Terrell 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 | $500 (1 lease) | None |
| 2025 | $220 (4 leases) | None |
| 2023 | $80 (1 lease) | None |
Compare an offer
Where does your Terrell County offer fall?
Drilling
New drilling permits in Terrell County
1 permits, 0 horizontal.
- May 20261
| Issued | Operator, lease and type |
|---|---|
| 2026-05-01 | Urban Oil & Gas Group, LLCNOELKE 2 · Vertical |
Other counties
Lease figures in other counties
Related
Related
- ToolIs this lease offer good?Bonus and royalty against the county, and a scan of the lease's clauses.
- ToolIs this buyout offer fair?The offer as months of your income, what the acres mean, and the questions to ask.
- ToolTexas well watchPermit, completion, first production and when the first check is due.
- ToolRoyalty calculatorVolume, price and decimal to an estimated check.
- Texas dataTexas lease lookupFind your lease by name, RRC number or county.
- Texas dataTexas oil and gas atlas254 counties, every lease, operator and field.
FAQ
Questions people ask
What do oil and gas leases pay per acre in Terrell County, Texas?
Relinquishment Act leases: 6 leases, median bonus $240 per acre (middle half $50 to $400). These are State land sales and shared offers, a reference for a private offer and not a promise of one.
What royalty do Terrell County leases have?
The most common oil royalty in relinquishment act leases is 12.5 percent. A private lease sets its own royalty, and the words that figure it matter as much as the fraction.
Is drilling active in Terrell County?
The Railroad Commission issued 1 drilling permit in Terrell County in the last 24 months. 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.