Austin Chalk mineral rights in Lee County

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What are your Lee County minerals worth?

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What kind of interest do you own? Not sure Producing — I get monthly or quarterly checks Leased but not producing — bonus paid, no checks yet Not leased / not producing — I just own the minerals I am not sure

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Operator / who sends your checks

Average monthly royalty check (last 3 to 6 months) Prefer not to say $0 (not producing) $1–$100 $100–$500 $500–$2,000 $2,000–$10,000 $10,000+

Your check is the single fastest path to a value range. Fill the acres below instead if you do not get checks.

Net mineral acres

Royalty fraction Not sure 1/8 (12.5%), historical standard3/16 (18.75%), modern standard1/5 (20%), common in the Permian1/4 (25%), hot plays1/6 (16.67%), federal minimum since 2022

Unit size (acres)

Interest type, if you know it Not sure Royalty interest The minerals themselves Overriding royalty (ORRI) Working interest Non-participating royalty (NPRI)

How did you come to own it? Prefer not to say Inherited it Kept (reserved/severed) when family sold the land Purchased it

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The Austin Chalk is one of the formations state oil and gas commission records show producing in Lee County, Texas. It is not the only zone here: Lee County also produces from Eagle Ford , which can mean a single tract is paid from more than one producing zone.

Austin Chalk activity in Lee County

State commission records show 755 active oil and gas wells across Lee County as of the most recent drilling on record, spudded in 2026. These figures describe the whole county, not any one owner's interest.

Operators active in Lee County

The most active operators in Lee County by well count, from the state commission. We name operators because the record is public; this is not an endorsement and implies no relationship.

• Magnolia Oil & Gas LLC (36 wells)
• Venado Oil & Gas LLC (25 wells)
• Armor Energy, LLC (23 wells)
• Crescent Pass Energy, LLC (23 wells)
• Sage Natural Resources (18 wells)

What the Austin Chalk means for your minerals in Lee County

A formation name on your royalty statement or division order does not change how your interest is valued. What matters is the income your wells actually pay: average your last three to six royalty checks, then apply the standard multiple of 36 to 72 times your average monthly check, the same as 3 to 6 times your annual royalty. Where you land in that band depends on how fast your Lee County wells decline, the operator, your royalty rate, and any undeveloped drilling upside. For the full method and a free on-screen estimate, see what are my mineral rights worth.

See the full picture for Lee County , part of Texas, or the Eagle Ford Shale it sits in. For the Austin Chalk's full footprint across every county we cover, see the Austin Chalk formation guide.

Austin Chalk in Lee County questions

Does the Austin Chalk produce in Lee County?

Yes. State oil and gas commission records list the Austin Chalk as a producing formation in Lee County, Texas, part of the Eagle Ford Shale, with 755 active wells on record countywide.

What are Austin Chalk mineral rights worth in Lee County?

Producing interests in Lee County are valued on the standard income multiple, roughly 36 to 72 times your average monthly royalty check. This is an estimate, subject to verification of your specific interest, not an offer.

Who buys Austin Chalk mineral rights in Lee County?

Ironwood Royalty buys Austin Chalk mineral and royalty interests in Lee County directly from owners as a principal buyer, so the offer comes from us and no broker commission is taken from your proceeds.

See what your Lee County Austin Chalk minerals could be worth

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