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Commissioners approve 1-acre oil-and-gas lease at FM 1512 and Hwy. 79
Summary
The court approved an oil-and-gas lease and addendum for one acre at the corner of FM 1512 and Highway 79, with terms set at a 23 percent royalty and $500 per acre.
The Leon County Commissioners Court approved an oil-and-gas lease and addendum covering 1 acre at the corner of FM 1512 and Hwy. 79 on Feb. 26, 2025. Commissioner T. J. Foley moved to approve the lease with terms of 23 percent (royalty) at $500 per acre; Commissioner Kyle Workman seconded and the motion carried.
The minutes record the acreage and financial terms explicitly but do not specify the lessee's name or start date; the item was recorded as approved in the minutes with no roll-call vote tallies.
