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How will oil prices affect deer leases?
#5506863
12/29/14 10:52 PM
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Joined: Sep 2009
Posts: 6,074
Justin T
OP
THF Trophy Hunter
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OP
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Joined: Sep 2009
Posts: 6,074 |
Will more leases become available? Will they be cheaper? Will everything stay the same?
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5506868
12/29/14 10:55 PM
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Joined: Aug 2008
Posts: 14,950
don k
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Posts: 14,950 |
Leases probably the same. Corporate hunts probably down. Big ear tagged WT way down.
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5506869
12/29/14 10:55 PM
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Joined: Aug 2012
Posts: 15,566
TexFlip
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FWIW I've already scene some canceled hunts in the outfitter section due to the economic situation.
Just to make sure that it is done thoroughly, I go both ways.
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Re: How will oil prices affect deer leases?
[Re: TexFlip]
#5507108
12/30/14 12:42 AM
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Joined: Dec 2006
Posts: 2,057
ChrisB
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Posts: 2,057 |
Only affect I have seen is now all the guys can afford to go. Myself included.
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5507161
12/30/14 01:02 AM
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Joined: Aug 2010
Posts: 60,296
stxranchman
Obie Juan Kenobi
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Obie Juan Kenobi
Joined: Aug 2010
Posts: 60,296 |
In the 80's when it happened lease prices went up steadily for quite a while. I do not see any drop in lease prices in the future.
Are idiots multiplying faster than normal people?
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5507643
12/30/14 03:55 AM
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Joined: Sep 2004
Posts: 2,449
Auctioneer1
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You know things are bad when oil prices controls deer hunting wow!
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5507827
12/30/14 05:54 AM
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Joined: Jul 2006
Posts: 110,795
dogcatcher
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Posts: 110,795 |
Some of the oil money is spent on hunting, but it is a very small portion of the overall hunting money spent in Texas. We were still leasing to hunters back in the 1980's, not one of them was in the oil business. The overall demand for leases won't fall and the prices won't either.
The lower fuel prices will open up opportunities for some to consider getting on a lease. If there is more demand, the higher the lease prices the landowner can ask for.
Combat Infantryman, the ultimate hunter where the prey shoots back. _____________"Illegitimus non carborundum est"_______________
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5508032
12/30/14 01:26 PM
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Joined: May 2009
Posts: 2,216
kyle1974
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it's not going to affect lease prices at all in my opinion. It will certainly affect package hunts. Oil field companies do a lot of entertaining at these places. high dollar expenses will often be the first thing to get cut back on during a slow down.
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5508223
12/30/14 03:04 PM
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Joined: Nov 2008
Posts: 44,461
rifleman
Sparkly Pants
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Sparkly Pants
Joined: Nov 2008
Posts: 44,461 |
I'd expect an increase rather than a decline. Demand will still be there, but landowners who may have gotten used to good royalty checks may try to make up the difference in other areas.
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Re: How will oil prices affect deer leases?
[Re: Justin T]
#5508236
12/30/14 03:08 PM
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Joined: Jun 2005
Posts: 2,685
txbobcat
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Leases not much movement.
Big package hunts will take a hit.
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