# Latest **URL:** https://www.mineralrightsforum.com/latest.md?page=659 [Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md) **Page:** 660 --- ## [Multiple terms used for interest and pay-out figures](https://www.mineralrightsforum.com/t/multiple-terms-used-for-interest-and-pay-out-figures/2092)
**Author:** [@Regina\_Lauderdale](https://www.mineralrightsforum.com/u/Regina_Lauderdale)\ **Replies:** 7\ **Last updated:** [September 4, 2017, 3:33am UTC](https://www.mineralrightsforum.com/t/multiple-terms-used-for-interest-and-pay-out-figures/2092 "2017-09-04T03:33:32Z")
I’ve never understood why there are so many different terms for the figures used in defining a mineral interest and calculating the royalty pay-out. I’d appreciate feedback on which terms are considered industry-standar… --- ## [Section 2-9N-13W and Section 6-8N-12W leasing activity?](https://www.mineralrightsforum.com/t/section-2-9n-13w-and-section-6-8n-12w-leasing-activity/2150)
**Author:** [@Jim\_Stevenson](https://www.mineralrightsforum.com/u/Jim_Stevenson)\ **Replies:** 2\ **Last updated:** [September 3, 2017, 6:45pm UTC](https://www.mineralrightsforum.com/t/section-2-9n-13w-and-section-6-8n-12w-leasing-activity/2150 "2017-09-03T18:45:19Z")
Is there leasing activity in this part of Caddo County? If yes, what leasing terms are being offered? --- ## [How important is the "Limited Warranty" clause?](https://www.mineralrightsforum.com/t/how-important-is-the-limited-warranty-clause/2102)
**Author:** [@Angela\_Havel](https://www.mineralrightsforum.com/u/Angela_Havel)\ **Replies:** 7\ **Last updated:** [September 3, 2017, 6:12pm UTC](https://www.mineralrightsforum.com/t/how-important-is-the-limited-warranty-clause/2102 "2017-09-03T18:12:24Z")
I just received an offer from Stephens Land Services in Norman, OK to lease 12 acres in Okfuskee County, 14-11N-11E for $200 bonus, 3/16 royalty, and a 3-year lease. I asked for standard Exhibit A clauses and they sent t… --- ## [Offer to buy mineral rights in Gaines](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights-in-gaines/2579)
**Author:** [@Teri](https://www.mineralrightsforum.com/u/Teri)\ **Replies:** 5\ **Last updated:** [September 3, 2017, 4:17pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights-in-gaines/2579 "2017-09-03T16:17:22Z")
My family has mineral rights in various locations in Texas and Louisiana. We just received an offer to buy at $3k/acre. We’ve never thought to sell any mineral rights in the past but we only have a few dribs and drabs in… --- ## [No Deduction Clause](https://www.mineralrightsforum.com/t/no-deduction-clause/5794)
**Author:** [@Virgil\_Barksdale](https://www.mineralrightsforum.com/u/Virgil_Barksdale)\ **Replies:** 6\ **Last updated:** [September 3, 2017, 1:45pm UTC](https://www.mineralrightsforum.com/t/no-deduction-clause/5794 "2017-09-03T13:45:54Z")
I have been negotiating lease terms with Continental Land Resources regarding mineral interests in Section 2, Township 6 North, Range 9 East and Section 36, Township 7 North, Range 9 East. Here is the no deduction clause… --- ## [Abilene, Texas/Abilene Reporter News Oil Report 9/01/2017](https://www.mineralrightsforum.com/t/abilene-texas-abilene-reporter-news-oil-report-9-01-2017/2088)
**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\ **Replies:** 0\ **Last updated:** [September 3, 2017, 11:19am UTC](https://www.mineralrightsforum.com/t/abilene-texas-abilene-reporter-news-oil-report-9-01-2017/2088 "2017-09-03T11:19:24Z")
--- ## [Permian Basin Drilling Report:August 24 through August 30, 2017](https://www.mineralrightsforum.com/t/permian-basin-drilling-report-august-24-through-august-30-2017/2089)
**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\ **Replies:** 0\ **Last updated:** [September 3, 2017, 11:15am UTC](https://www.mineralrightsforum.com/t/permian-basin-drilling-report-august-24-through-august-30-2017/2089 "2017-09-03T11:15:46Z")
http://www.oaoa.com/news/business/permian\_basin\_drilling\_report/article\_108c623a-9025-11e7-bd59-631c87b294ec.html --- ## [Has anyone heard of Two Pak Development out of Midland?](https://www.mineralrightsforum.com/t/has-anyone-heard-of-two-pak-development-out-of-midland/2090)
**Author:** [@Barton\_R\_Franklin](https://www.mineralrightsforum.com/u/Barton_R_Franklin)\ **Replies:** 1\ **Last updated:** [September 3, 2017, 4:37am UTC](https://www.mineralrightsforum.com/t/has-anyone-heard-of-two-pak-development-out-of-midland/2090 "2017-09-03T04:37:46Z")
Hello. My oil/mineral rights in Gaines County have been free for about 11 months. I have just been contacted by a landman representing Two Pak Development, offering $500.00 per acre, 3 years w/2 year extension and 25%. I… --- ## [Missed being included in O&G Leases](https://www.mineralrightsforum.com/t/missed-being-included-in-o-g-leases/8566)
**Author:** [@Sharyn\_C](https://www.mineralrightsforum.com/u/Sharyn_C)\ **Replies:** 8\ **Last updated:** [September 3, 2017, 2:52am UTC](https://www.mineralrightsforum.com/t/missed-being-included-in-o-g-leases/8566 "2017-09-03T02:52:41Z")
I’m new - discovered that 4 sections in Lincoln County where I own mineral rights were leased by two different land services, and I was not contacted. This was partially due to my failure to file probate documents until … --- ## [New and Confused about Selling Mineral Rights in McClain County Oklahoma](https://www.mineralrightsforum.com/t/new-and-confused-about-selling-mineral-rights-in-mcclain-county-oklahoma/2186)
**Author:** [@Terrie\_Wenzel](https://www.mineralrightsforum.com/u/Terrie_Wenzel)\ **Replies:** 3\ **Last updated:** [September 3, 2017, 2:33am UTC](https://www.mineralrightsforum.com/t/new-and-confused-about-selling-mineral-rights-in-mcclain-county-oklahoma/2186 "2017-09-03T02:33:57Z")
I own mineral rights to six and a half acres in McClain County, Oklahoma. Several of my family members own the rights to adjoining property. An oil company made us all an individual offer, paid several family members for… --- ## [Dumas, Texas Oil and Gas Report/August 21-27, 2017](https://www.mineralrightsforum.com/t/dumas-texas-oil-and-gas-report-august-21-27-2017/2091)
**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\ **Replies:** 0\ **Last updated:** [September 3, 2017, 2:32am UTC](https://www.mineralrightsforum.com/t/dumas-texas-oil-and-gas-report-august-21-27-2017/2091 "2017-09-03T02:32:24Z")
http://highplainsobserverdumas.com/index345.htm --- ## [Mineral rights value](https://www.mineralrightsforum.com/t/mineral-rights-value/2115)
**Author:** [@Robert\_W\_Sarnes](https://www.mineralrightsforum.com/u/Robert_W_Sarnes)\ **Replies:** 10\ **Last updated:** [September 2, 2017, 9:08pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-value/2115 "2017-09-02T21:08:45Z")
Received offer of $8,000 pma for 16 acres in Section 23 Township 4 N Range 5W. Am presently receiving royalties fair offer of in the range of 1300 dollars per month. Would this be a fair offer? Or does anyone know of mor… --- ## [Need address to petition Court for funds, Doddridge WV](https://www.mineralrightsforum.com/t/need-address-to-petition-court-for-funds-doddridge-wv/2738)
**Author:** [@Roger\_C\_Roberts](https://www.mineralrightsforum.com/u/Roger_C_Roberts)\ **Replies:** 7\ **Last updated:** [September 2, 2017, 6:57pm UTC](https://www.mineralrightsforum.com/t/need-address-to-petition-court-for-funds-doddridge-wv/2738 "2017-09-02T18:57:45Z")
Let’s try this again. I do not think my original post appeared on any board in this site. Back on 3/29/2017 I received paperwork from the Doddridge Court covering “Order Confirming Partition of Commissioners” Finding of… --- ## [Lease value Duchene County, UT](https://www.mineralrightsforum.com/t/lease-value-duchene-county-ut/21791)
**Author:** [@Valerie\_Taylor](https://www.mineralrightsforum.com/u/Valerie_Taylor)\ **Replies:** 7\ **Last updated:** [September 2, 2017, 1:40pm UTC](https://www.mineralrightsforum.com/t/lease-value-duchene-county-ut/21791 "2017-09-02T13:40:27Z")
My 82-year-old mother has been contacted by an oil company to lease her rights in Duchesne County, Utah. Does anyone know the value of 160 acres? Should we get a negotiator? Thanks. --- ## [Transferring mineral rights from estate to heirs](https://www.mineralrightsforum.com/t/transferring-mineral-rights-from-estate-to-heirs/2099)
**Author:** [@Deborah\_Chrismon](https://www.mineralrightsforum.com/u/Deborah_Chrismon)\ **Replies:** 4\ **Last updated:** [September 1, 2017, 5:09pm UTC](https://www.mineralrightsforum.com/t/transferring-mineral-rights-from-estate-to-heirs/2099 "2017-09-01T17:09:29Z")
I am the executrix for my mother’s estate. She had an oil and gas lease with Chesapeake. We are going to sell the residence on the property but not the mineral rights. There will be an addendum in the closing papers stat… --- ## [How to find out about future oil production and future value](https://www.mineralrightsforum.com/t/how-to-find-out-about-future-oil-production-and-future-value/2103)
**Author:** [@Jones](https://www.mineralrightsforum.com/u/Jones)\ **Replies:** 2\ **Last updated:** [September 1, 2017, 4:06pm UTC](https://www.mineralrightsforum.com/t/how-to-find-out-about-future-oil-production-and-future-value/2103 "2017-09-01T16:06:27Z")
I inherited a few acres of royalty in Custer County. This is a new area they are drilling called the Stack. I have had offers to buy my mineral rights. I am getting what I think are good offers but don’t know if I should… --- ## [Offer to buy mineral rights](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/2203)
**Author:** [@Alex\_Miller](https://www.mineralrightsforum.com/u/Alex_Miller)\ **Replies:** 9\ **Last updated:** [September 1, 2017, 3:36pm UTC](https://www.mineralrightsforum.com/t/offer-to-buy-mineral-rights/2203 "2017-09-01T15:36:29Z")
Offer to buy mineral rights in Township 27, Range 10, Section 5 at $6000.00 per net mineral acre. How does this compare with other local offers? --- ## [What Type Of "Trade Deal" Might This Be?](https://www.mineralrightsforum.com/t/what-type-of-trade-deal-might-this-be/2116)
**Author:** [@M\_D\_Wood](https://www.mineralrightsforum.com/u/M_D_Wood)\ **Replies:** 2\ **Last updated:** [September 1, 2017, 1:54pm UTC](https://www.mineralrightsforum.com/t/what-type-of-trade-deal-might-this-be/2116 "2017-09-01T13:54:54Z")
Please share your knowledge. Why would a large Oklahoma Oil/Gas company that normally only leases property want to buy property in Garvin County to expand their holdings in certain formations? This is supposedly being d… --- ## [Question regarding option right to extend lease](https://www.mineralrightsforum.com/t/question-regarding-option-right-to-extend-lease/2379)
**Author:** [@Randall\_Burns](https://www.mineralrightsforum.com/u/Randall_Burns)\ **Replies:** 7\ **Last updated:** [September 1, 2017, 8:45am UTC](https://www.mineralrightsforum.com/t/question-regarding-option-right-to-extend-lease/2379 "2017-09-01T08:45:48Z")
Let’s say the company that leased your minerals has an option right to extend the lease on your property for two years. And they choose not to exercise this option because they no longer are focused on your area. Why wo… --- ## [Have a very small amount of royalty in Blaine Co. OK](https://www.mineralrightsforum.com/t/have-a-very-small-amount-of-royalty-in-blaine-co-ok/2104)
**Author:** [@Jones](https://www.mineralrightsforum.com/u/Jones)\ **Replies:** 1\ **Last updated:** [September 1, 2017, 12:59am UTC](https://www.mineralrightsforum.com/t/have-a-very-small-amount-of-royalty-in-blaine-co-ok/2104 "2017-09-01T00:59:30Z")
I inherited a very small amount of royalty after it was divided so many times between family members. It only pays around 20.00 a year. I want to sell it. How would I go about finding someone who would be interested in s… --- ## [31-6n-4w Lease Offer](https://www.mineralrightsforum.com/t/31-6n-4w-lease-offer/2098)
**Author:** [@B\_Scott\_Manning](https://www.mineralrightsforum.com/u/B_Scott_Manning)\ **Replies:** 4\ **Last updated:** [August 31, 2017, 9:40pm UTC](https://www.mineralrightsforum.com/t/31-6n-4w-lease-offer/2098 "2017-08-31T21:40:03Z")
I’d appreciate some input regarding lease bonus numbers for the referenced section. Osage Oil & Gas, on behalf of Casillas, is offering $4500/3 yr./3/16 and $4000/3 yr./1/5. Are these numbers being seen by anyone else? … --- ## [Weak deed](https://www.mineralrightsforum.com/t/weak-deed/2111)
**Author:** [@randy\_d\_kreger](https://www.mineralrightsforum.com/u/randy_d_kreger)\ **Replies:** 3\ **Last updated:** [August 31, 2017, 7:49pm UTC](https://www.mineralrightsforum.com/t/weak-deed/2111 "2017-08-31T19:49:28Z")
Has anyone ever heard of weak deed or title? Had a deal with company to sell my minerals in Reeves County, but they backed out after a month. They claim weak deed title. --- ## [Inherited minerals/tax question](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105)
**Author:** [@Jones](https://www.mineralrightsforum.com/u/Jones)\ **Replies:** 1\ **Last updated:** [August 31, 2017, 7:46pm UTC](https://www.mineralrightsforum.com/t/inherited-minerals-tax-question/2105 "2017-08-31T19:46:19Z")
I inherited about 2 acres of mineral rights within the last year. I was wondering if I sold the minerals…if it would be considered as income if I sold them since it was an inheritance? Any ideas where to find out this in… --- ## [Offer for Selling Working Interests? - Lea County, S27 T20S R34E](https://www.mineralrightsforum.com/t/offer-for-selling-working-interests-lea-county-s27-t20s-r34e/2100)
**Author:** [@Darin](https://www.mineralrightsforum.com/u/Darin)\ **Replies:** 0\ **Last updated:** [August 31, 2017, 6:42pm UTC](https://www.mineralrightsforum.com/t/offer-for-selling-working-interests-lea-county-s27-t20s-r34e/2100 "2017-08-31T18:42:29Z")
I’ve got a small working interest in a project that will be multiple horizontal wells in a pooled development unit being formed across the entire section (i.e., have interests in 1 of the 6 tracts so will net out to be a… --- ## [Once a well has been drilled](https://www.mineralrightsforum.com/t/once-a-well-has-been-drilled/2153)
**Author:** [@f100owner](https://www.mineralrightsforum.com/u/f100owner)\ **Replies:** 10\ **Last updated:** [August 31, 2017, 6:39pm UTC](https://www.mineralrightsforum.com/t/once-a-well-has-been-drilled/2153 "2017-08-31T18:39:16Z")
Nabors/Apache recently finished drilling a well on a portion of our family property—in this case, a single well. We are told fracking is beginning. What is the process from this point on? I am kind of curious as to what … --- ## [Leasing in Van Zandt County Texas?](https://www.mineralrightsforum.com/t/leasing-in-van-zandt-county-texas/2112)
**Author:** [@Edward\_Brawner](https://www.mineralrightsforum.com/u/Edward_Brawner)\ **Replies:** 4\ **Last updated:** [August 31, 2017, 3:17pm UTC](https://www.mineralrightsforum.com/t/leasing-in-van-zandt-county-texas/2112 "2017-08-31T15:17:23Z")
Is anyone familiar with any leasing activity in the area of the Van Zandt/Smith County Line in Texas? I have friends who have minerals in this area and they are asking for help with lease terms. Thanks! --- ## [How to find out if deed was recorded](https://www.mineralrightsforum.com/t/how-to-find-out-if-deed-was-recorded/2113)
**Author:** [@Samoline\_Goldsmith](https://www.mineralrightsforum.com/u/Samoline_Goldsmith)\ **Replies:** 3\ **Last updated:** [August 31, 2017, 3:15pm UTC](https://www.mineralrightsforum.com/t/how-to-find-out-if-deed-was-recorded/2113 "2017-08-31T15:15:33Z")
I’ve been going through papers of my mother and I know I have to have her will probated in Oklahoma. But while looking I found a notarized paper where her cousin sold half of his mineral rights in a Section in Grady Coun… --- ## [Dewey County Section 15 Activity](https://www.mineralrightsforum.com/t/dewey-county-section-15-activity/2151)
**Author:** [@Don\_Cook](https://www.mineralrightsforum.com/u/Don_Cook)\ **Replies:** 4\ **Last updated:** [August 31, 2017, 4:31am UTC](https://www.mineralrightsforum.com/t/dewey-county-section-15-activity/2151 "2017-08-31T04:31:22Z")
My wife inherited mineral rights in Section 15. Is anyone aware of activity in this area? --- ## [Completion Report](https://www.mineralrightsforum.com/t/completion-report/2107)
**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\ **Replies:** 0\ **Last updated:** [August 31, 2017, 3:37am UTC](https://www.mineralrightsforum.com/t/completion-report/2107 "2017-08-31T03:37:37Z")
http://webapps.rrc.texas.gov/CMPL/viewPdfReportFormAction.do?method=cmplW2FormPdf&packetSummaryId=177447 --- ## [Mineral Lease Section 6-8N-4W](https://www.mineralrightsforum.com/t/mineral-lease-section-6-8n-4w/2460)
**Author:** [@Scott\_Berens](https://www.mineralrightsforum.com/u/Scott_Berens)\ **Replies:** 6\ **Last updated:** [August 30, 2017, 9:40pm UTC](https://www.mineralrightsforum.com/t/mineral-lease-section-6-8n-4w/2460 "2017-08-30T21:40:07Z")
I have been approached to lease my minerals 3/16 royalties and $2,000 an acre bonus. Can anyone tell me if this is a good offer? They initially offered me $1,100 an acre. [Previous page](https://www.mineralrightsforum.com/latest.md?page=658) [Next page](https://www.mineralrightsforum.com/latest.md?page=660)