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Royalty Clerk

Yoakum County, Texas

Yoakum County lease offers: what is on record

7 State leases on record in the last five years, the latest in January 2026. 199 drilling permits in the last 24 months.
Compare my offerScan a lease

State land, so a reference and not a price.

The record

Bonus, royalty and term in Yoakum County

  • State Relinquishment Act leases

    Sep 2024 to Jan 2026, State land

    Leases
    6
    Median
    $500
    Bonus per acre, middle half
    $500 to $688
    Royalty
    12.5%

  • State sealed-bid sales

    Apr 2025 to Apr 2025, State land

    Leases
    1
    Median
    $2,604
    Bonus per acre, middle half
    Too few to give a range
    Royalty
    25%

Figures are for Yoakum 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.

Median bonus per acre by year, every year on record
YearRelinquishment Act leasesState sealed-bid sales
2026$500 (5 leases)None
2025None$2,604 (1 lease)
2024$750 (1 lease)None
2020$125 (1 lease)None
2018None$1,678 (5 leases)

Compare an offer

Where does your Yoakum County offer fall?

Add the bonus, royalty and term from the offer.

Paid once, when you sign.

The share of production paid to you.

How long the lease lasts if nothing is drilled.

Have two or three offers? Lay them side by side

Two or three offers

Bigger bonus or bigger royalty?

Put the offers side by side. You will see how much more one pays up front, and how much oil and gas the wells must sell before the higher royalty pays you more, next to what new leases in Yoakum County sold.

Your land

The same land for every offer. Then fill in each offer below.

County

Yoakum County, Texas

Your share of the tract's mineral acres. Half the minerals under 20 acres is 10.

We start at 1,280. Use the size in the offer or a division order if you know it.

OFFERA

Paid once, when you sign.

As the offer writes it: 1/4, 3/16, 25% or 0.25.

How long the lease lasts if nothing is drilled.

BONUS AT SIGNING
$50,000(most up front)$5,000 × 10 net acres
YOUR SHARE OF THE UNIT
0.0014648418.75% royalty × 10 ÷ 1,280 unit acres
TERM
3 years.

OFFERB

Paid once, when you sign.

As the offer writes it: 1/4, 3/16, 25% or 0.25.

How long the lease lasts if nothing is drilled.

BONUS AT SIGNING
$40,000$4,000 × 10 net acres
YOUR SHARE OF THE UNIT
0.00195313(highest royalty)25% royalty × 10 ÷ 1,280 unit acres
TERM
3 years, plus 2 more if the company uses its option ($10,000, left out).

Have a third offer?

Option payments

Left out: we do not assume the company extends the lease. The company decides whether to use an option, so leaving it out is the cautious comparison.

Open on its own page to share it

A worked example. Put in the offers you have.

The break-even

Offer A pays $10,000 more up front, but offer B pays you more once the wells in the unit sell over $20.5 million of oil and gas in all.

That is about 270,000 barrels of oil at $75.87, the average WTI price of the last 12 months (through August 2026).

Offer B catches up at $20.5 million of sales.

Gross sales from the unit’s wells, over their life

Middle half of new leases in Yoakum CountyMedianBreak-evenEstimate, not a prediction for your land

THE WORKING

Bonus, offer A$5,000 × 10 net acres
$50,000
Bonus, offer B$4,000 × 10 net acres
$40,000
Bonus difference, B minus AOffer A pays more up front
−$10,000
Your share, offer A
0.00146484
Your share, offer B
0.00195313
Share difference, B minus A
+0.00048828
Break-even gross sales$10,000 ÷ 0.00048828
$20,480,000
Average WTI oil price, last 12 monthsThrough August 2026
$75.87
The break-even in barrels of oilBreak-even ÷ average price
269,938 bbl

What this comparison assumes

  • Both offers cover the same land in the same unit, so the same wells and the same sales.
  • A dollar of royalty in ten years counts the same as a dollar of bonus today.
  • Royalty is figured on gross sales, before severance tax and any costs the lease lets the company take out.
  • Option payments are left out: we do not assume the company extends the lease.
  • The first term is shown but not used. It does not tell us when, or whether, a well is drilled.
  • Your net acres do not move the break-even. The unit’s size does: a unit twice as big doubles it.

Estimate · about the county, not your land

What new leases in Yoakum County sold

The gross value of the oil and gas that Railroad Commission leases in Yoakum County sold in their first 12, 24 and 36 months of production, for leases that started producing in the last six years. It tells you about leases in the county. It is not a prediction for your land or for when, or whether, a well is drilled on it.

  • The median new lease in Yoakum County had sold $12.2 million by 36 months, less than the $20.5 million it takes here. That is the longest period in the record, and we do not guess past it.
Gross sales of new leases in Yoakum County, by months since first production (estimate). M means million dollars.
Months since first productionMedianMiddle half
12 months96 leases$5.7M$1.0M to $8.9M
24 months85 leases$8.7M$1.3M to $16.7M
36 months74 leases$12.2M$1.7M to $26.6M

M means million dollars. The middle half runs from the lower quarter to the upper quarter: a quarter of the leases sold less, a quarter sold more. Half sold more than the median and half less.

How this estimate is made
  • A Railroad Commission lease stands in for a unit. It is not your unit, and its wells are not your wells.
  • Months count from the first month the lease shows production in the record we hold, which may not be its very first.
  • A lease counts only when every month of the period was reported.
  • Volumes the operator reported moving, priced at each month's WTI oil and Henry Hub gas prices. Some of those volumes are not sales, so this is a gross value, not money anyone received.
  • One Mcf of gas is counted as one MMBtu.
  • Before taxes and costs, with no discounting.
  • Between 12, 24 and 36 months we draw a straight line from one median to the next.
  • The leases counted at 12, 24 and 36 months are not all the same leases.
  • We say nothing about when drilling starts or when a well first produces.

SourceRailroad Commission production reports, priced at the EIA’s monthly WTI and Henry Hub averages; worked out Oct 4, 2026.

Each offer against Yoakum County’s lease record

OFFER A

  • Your bonus of $5,000 an acre is above the middle half of those leases: $500 to $688 an acre, median $500.From 6 Relinquishment Act leases in Yoakum County recorded by the General Land Office, 2024 to 2026 (a surface owner leasing for the State: the closest public comparison to a private lease).
  • Your bonus of $5,000 an acre compares with $2,604 an acre in the one lease on record. That is too few to call a range.From One State-land lease the General Land Office sold by sealed bid in Yoakum County, 2025 (competitive bids on State land). A thin record.
  • The lease's royalty of 3/16 compares with 1/8, the most common one in General Land Office leases for Yoakum County.From the most common royalty in General Land Office leases for Yoakum County.
  • The lease's first term of 3 years compares with a median of 3 years in Yoakum County.From the median first term in General Land Office leases for Yoakum County.

OFFER B

  • Your bonus of $4,000 an acre is above the middle half of those leases: $500 to $688 an acre, median $500.From 6 Relinquishment Act leases in Yoakum County recorded by the General Land Office, 2024 to 2026 (a surface owner leasing for the State: the closest public comparison to a private lease).
  • Your bonus of $4,000 an acre compares with $2,604 an acre in the one lease on record. That is too few to call a range.From One State-land lease the General Land Office sold by sealed bid in Yoakum County, 2025 (competitive bids on State land). A thin record.
  • The lease's royalty of 1/4 compares with 1/8, the most common one in General Land Office leases for Yoakum County.From the most common royalty in General Land Office leases for Yoakum County.
  • The lease's first term of 3 years compares with a median of 3 years in Yoakum County.From the median first term in General Land Office leases for Yoakum County.

Drilling

New drilling permits in Yoakum County

Permits the Railroad Commission issued in the last 24 months. A permit is permission to drill; it is not a well and it does not mean any particular land is drilled.

199 permits, 150 horizontal.

  • Oct 20261
  • Sep 202617
  • Aug 202622
  • Jul 202613
  • Jun 20263
  • May 20268
  • Apr 202612
  • Mar 202623
  • Feb 20265
  • Jan 202627
  • Dec 20257
  • Nov 20252
The latest permits
IssuedOperator, lease and type
2026-10-02Texland Petroleum, L.P.FARQUAAD · Vertical
2026-09-30Riley Permian Operating Co, LLCHUCKLEBERRY-MCMASTERS 730-771 · Horizontal
2026-09-28Riley Permian Operating Co, LLCSUNDANCE 642 · Horizontal
2026-09-28Riley Permian Operating Co, LLCBEATEN PATH 597-648 · Horizontal
2026-09-25Riley Permian Operating Co, LLCSUNDANCE 642 · Horizontal
2026-09-25Riley Permian Operating Co, LLCBEATEN PATH 597-648 · Horizontal
2026-09-25Riley Permian Operating Co, LLCCASSIDY 575-544 E · Horizontal
2026-09-21Burk Royalty Co., Ltd.WEST BRAHANEY UNIT · Vertical
2026-09-18Riley Permian Operating Co, LLCJEREMIAH JOHNSON 667-706 · Horizontal
2026-09-18Riley Permian Operating Co, LLCJEREMIAH JOHNSON 667-706 · Horizontal

All of Yoakum County: leases, operators and production

Other counties

Lease figures in other counties

Related

FAQ

Questions people ask

What do oil and gas leases pay per acre in Yoakum County, Texas?

Relinquishment Act leases: 6 leases, median bonus $500 per acre (middle half $500 to $688). State sealed-bid sales: 1 lease, median bonus $2,604 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 Yoakum 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 Yoakum County?

The Railroad Commission issued 199 drilling permits in Yoakum County in the last 24 months, 150 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.

Scan a lease

Got a lease in front of you?

The scan quotes the sentence of your lease behind every flag.

Scan the leaseWatch this county

Sources

Primary sources, opened on 29 September 2026. Statute text is the current version on statutes.capitol.texas.gov.