# Latest

**URL:** https://www.mineralrightsforum.com/latest.md?page=668

[Latest](https://www.mineralrightsforum.com/latest.md) · [Categories](https://www.mineralrightsforum.com/categories.md) · [Tags](https://www.mineralrightsforum.com/tags.md)

**Page:** 669

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## [Lease offer from Magnolia Resorces,LLC](https://www.mineralrightsforum.com/t/lease-offer-from-magnolia-resorces-llc/2340)

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**Author:** [@Darryl\_Dismuke](https://www.mineralrightsforum.com/u/Darryl_Dismuke)\
**Replies:** 0\
**Last updated:** [July 31, 2017, 7:08pm UTC](https://www.mineralrightsforum.com/t/lease-offer-from-magnolia-resorces-llc/2340 "2017-07-31T19:08:14Z")

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I just had a lease offer from Magnolia Resources, LLC for $1,500 NMA and 1/5 royalty. This is on Section 20, Township 18N Range 19W in Dewey County. Can anyone tell me if this is a good offer? The lease says it’s with ME…

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## [Apache Landmen?](https://www.mineralrightsforum.com/t/apache-landmen/2377)

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**Author:** [@Lori\_Hodge](https://www.mineralrightsforum.com/u/Lori_Hodge)\
**Replies:** 5\
**Last updated:** [July 31, 2017, 6:54pm UTC](https://www.mineralrightsforum.com/t/apache-landmen/2377 "2017-07-31T18:54:46Z")

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Do any of you have current contact info for any Apache landmen handling leasing in Reeves County? My current lease expires in a few days. That one was, unfortunately, with a private equity funded company that was only in…

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## [Need references](https://www.mineralrightsforum.com/t/need-references/2343)

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**Author:** [@K11](https://www.mineralrightsforum.com/u/K11)\
**Replies:** 2\
**Last updated:** [July 31, 2017, 6:32pm UTC](https://www.mineralrightsforum.com/t/need-references/2343 "2017-07-31T18:32:34Z")

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Recently sold some minerals, I am looking to reinvest. Does anyone know of any good landmen or companies to contact? Thanks!

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## [Offer for 10k per Acre Section 36 4N 5W](https://www.mineralrightsforum.com/t/offer-for-10k-per-acre-section-36-4n-5w/2352)

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**Author:** [@patrick\_james](https://www.mineralrightsforum.com/u/patrick_james)\
**Replies:** 3\
**Last updated:** [July 31, 2017, 2:08pm UTC](https://www.mineralrightsforum.com/t/offer-for-10k-per-acre-section-36-4n-5w/2352 "2017-07-31T14:08:46Z")

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I wanted to do more research before posting questions into the Grady County Group that I’ve been answered many times before, but unfortunately, time is not on my side and I’m desperate for some insight from other mineral…

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## [Sec. 13, TWN 1 NO., Range 6 West](https://www.mineralrightsforum.com/t/sec-13-twn-1-no-range-6-west/2354)

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**Author:** [@william\_m\_blackburn](https://www.mineralrightsforum.com/u/william_m_blackburn)\
**Replies:** 1\
**Last updated:** [July 30, 2017, 11:41pm UTC](https://www.mineralrightsforum.com/t/sec-13-twn-1-no-range-6-west/2354 "2017-07-30T23:41:23Z")

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My Lease with Echo Energy is due to expire November 3. Is there any activity in this area? Continental Resources is, I believe, a player here.

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## [Section 19, 8N, 8W](https://www.mineralrightsforum.com/t/section-19-8n-8w/2346)

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**Author:** [@Mark\_G\_Smith](https://www.mineralrightsforum.com/u/Mark_G_Smith)\
**Replies:** 2\
**Last updated:** [July 30, 2017, 11:27pm UTC](https://www.mineralrightsforum.com/t/section-19-8n-8w/2346 "2017-07-30T23:27:25Z")

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Recent lease offers have varied significantly - right now family members are wanting to lease at 2,150, 1/5, but with a 2 year extension at 150%, but they want an answer right away. Interest is not as active as a few mon…

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## [T25S, R36E, E 1/2 section 3](https://www.mineralrightsforum.com/t/t25s-r36e-e-1-2-section-3/2440)

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**Author:** [@David\_Evers](https://www.mineralrightsforum.com/u/David_Evers)\
**Replies:** 2\
**Last updated:** [July 30, 2017, 10:45pm UTC](https://www.mineralrightsforum.com/t/t25s-r36e-e-1-2-section-3/2440 "2017-07-30T22:45:39Z")

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Our family owns a small undivided interest (25 NMA) and just received an offer to lease with a 2500 bonus per NMA and 25% royalty. It looks like there have been quite a few new permits within a few miles and numerous hor…

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## [Lease offer for Section 9](https://www.mineralrightsforum.com/t/lease-offer-for-section-9/2365)

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**Author:** [@Jennifer\_Bateman](https://www.mineralrightsforum.com/u/Jennifer_Bateman)\
**Replies:** 4\
**Last updated:** [July 30, 2017, 2:05pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-section-9/2365 "2017-07-30T14:05:33Z")

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I received a phone call offering $1300 per acre for 3/16 royalty for Section 9 Township 5 North Range 5 West in Grady County. I don’t have an actual lease yet so I don’t know any terms. Does this sound right for that are…

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## [Making sense of lease/sale rates seen in news articles](https://www.mineralrightsforum.com/t/making-sense-of-lease-sale-rates-seen-in-news-articles/2351)

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**Author:** [@Tom\_Parker](https://www.mineralrightsforum.com/u/Tom_Parker)\
**Replies:** 2\
**Last updated:** [July 30, 2017, 1:05pm UTC](https://www.mineralrightsforum.com/t/making-sense-of-lease-sale-rates-seen-in-news-articles/2351 "2017-07-30T13:05:27Z")

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I’m trying to make sense of the sale rates reported in the news when an operator sells its holdings. The more I think about it, the more I think apples aren’t being compared to apples when reading one article to the next…

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## [Abilene, Texas/Abilene Reporter News Oil Report 7/28/2017](https://www.mineralrightsforum.com/t/abilene-texas-abilene-reporter-news-oil-report-7-28-2017/2348)

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**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\
**Replies:** 0\
**Last updated:** [July 30, 2017, 12:16pm UTC](https://www.mineralrightsforum.com/t/abilene-texas-abilene-reporter-news-oil-report-7-28-2017/2348 "2017-07-30T12:16:45Z")

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## [Midland Reporter-Telegram///Development, Completion and Wildcat Wells-July 30, 2017](https://www.mineralrightsforum.com/t/midland-reporter-telegram-development-completion-and-wildcat-wells-july-30-2017/2349)

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**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\
**Replies:** 0\
**Last updated:** [July 30, 2017, 12:08pm UTC](https://www.mineralrightsforum.com/t/midland-reporter-telegram-development-completion-and-wildcat-wells-july-30-2017/2349 "2017-07-30T12:08:09Z")

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http://www.mrt.com/business/oil/development\_wells/article/Development-Wells-for-July-30-11655983.php http://www.mrt.com/business/oil/completions/article/Completions-for-July-30-11655974.php http://www.mrt.com/business/…

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## [Dumas, Texas Oil and Gas Report/July 17-23, 2017](https://www.mineralrightsforum.com/t/dumas-texas-oil-and-gas-report-july-17-23-2017/2350)

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**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\
**Replies:** 0\
**Last updated:** [July 30, 2017, 12:05pm UTC](https://www.mineralrightsforum.com/t/dumas-texas-oil-and-gas-report-july-17-23-2017/2350 "2017-07-30T12:05:59Z")

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http://highplainsobserverdumas.com/index345.htm

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## [NE/4 Sec. 8, TWN 10N,Range 1W](https://www.mineralrightsforum.com/t/ne-4-sec-8-twn-10n-range-1w/2353)

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**Author:** [@william\_m\_blackburn](https://www.mineralrightsforum.com/u/william_m_blackburn)\
**Replies:** 0\
**Last updated:** [July 29, 2017, 8:32pm UTC](https://www.mineralrightsforum.com/t/ne-4-sec-8-twn-10n-range-1w/2353 "2017-07-29T20:32:33Z")

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My Lease is expiring October 24. Is there any activity in this area? Palladium Energy obtained a Pooling Order January 2015.

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## [Need advice on offers](https://www.mineralrightsforum.com/t/need-advice-on-offers/2419)

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**Author:** [@Clay1](https://www.mineralrightsforum.com/u/Clay1)\
**Replies:** 2\
**Last updated:** [July 29, 2017, 6:18pm UTC](https://www.mineralrightsforum.com/t/need-advice-on-offers/2419 "2017-07-29T18:18:30Z")

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Looking to sell and need some advice or help. In Section 23-11N-5W, Open and has 80 net acres. In Section 10-12N-7W, 3/16, and has 20 net acres. In Section 15-13N-5W, Open, and has 4 net acres. In Section 10-14N-5W, …

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## [Leasing water for drilling](https://www.mineralrightsforum.com/t/leasing-water-for-drilling/2356)

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**Author:** [@Bob\_S2](https://www.mineralrightsforum.com/u/Bob_S2)\
**Replies:** 0\
**Last updated:** [July 29, 2017, 5:17pm UTC](https://www.mineralrightsforum.com/t/leasing-water-for-drilling/2356 "2017-07-29T17:17:34Z")

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We have had inquiries on leasing the water on our land for drilling. Can anyone share information regarding water leases, what questions to ask, and what kind of pitfalls to beware of? Thanks for any information that can…

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## [Anyone know about activity in 16-14N-9W and 20-14N-9W?](https://www.mineralrightsforum.com/t/anyone-know-about-activity-in-16-14n-9w-and-20-14n-9w/2383)

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**Author:** [@S\_Wilson](https://www.mineralrightsforum.com/u/S_Wilson)\
**Replies:** 1\
**Last updated:** [July 29, 2017, 3:33pm UTC](https://www.mineralrightsforum.com/t/anyone-know-about-activity-in-16-14n-9w-and-20-14n-9w/2383 "2017-07-29T15:33:47Z")

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We’ve received a lot of offers to buy our interests in Canadian County this year. The latest was for sections 16 & 20 of 14N-9W. Thanks in advance for any info.

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## [What happens if I lease my minerals to my own company instead of an oil company?](https://www.mineralrightsforum.com/t/what-happens-if-i-lease-my-minerals-to-my-own-company-instead-of-an-oil-company/2458)

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**Author:** [@Frederick\_M\_Mick\_Scott](https://www.mineralrightsforum.com/u/Frederick_M_Mick_Scott)\
**Replies:** 6\
**Last updated:** [July 29, 2017, 2:37pm UTC](https://www.mineralrightsforum.com/t/what-happens-if-i-lease-my-minerals-to-my-own-company-instead-of-an-oil-company/2458 "2017-07-29T14:37:20Z")

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Only thinking of doing this because companies are lowballing offers on leases and then force-pooling mineral owners who don’t like their terms, sometimes so quickly that they apply to pool 25+ sections in the SAME Townsh…

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## [SM Energy Leasing](https://www.mineralrightsforum.com/t/sm-energy-leasing/3203)

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**Author:** [@Dave\_Christian](https://www.mineralrightsforum.com/u/Dave_Christian)\
**Replies:** 9\
**Last updated:** [July 28, 2017, 9:33pm UTC](https://www.mineralrightsforum.com/t/sm-energy-leasing/3203 "2017-07-28T21:33:45Z")

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SM Energy made a large multi-lease purchase of producing and non-producing leases back in December. My leased minerals (480 acres total) were part of the purchase and will expire in November if not drilled. Just received…

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## [Blck 146 section 26 T&StL..Lease offer](https://www.mineralrightsforum.com/t/blck-146-section-26-t-stl-lease-offer/2358)

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**Author:** [@Jim\_McMurdo](https://www.mineralrightsforum.com/u/Jim_McMurdo)\
**Replies:** 2\
**Last updated:** [July 28, 2017, 10:54am UTC](https://www.mineralrightsforum.com/t/blck-146-section-26-t-stl-lease-offer/2358 "2017-07-28T10:54:10Z")

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Anyone know what’s going on around this area? Getting random offers to lease all of the sudden.

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## [Ascent Resources?](https://www.mineralrightsforum.com/t/ascent-resources/2361)

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**Author:** [@Will\_McFetridge](https://www.mineralrightsforum.com/u/Will_McFetridge)\
**Replies:** 5\
**Last updated:** [July 28, 2017, 4:22am UTC](https://www.mineralrightsforum.com/t/ascent-resources/2361 "2017-07-28T04:22:28Z")

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I signed a lease with Ascent and part of the contract is that they have 120 days to pay the bonus payment and I wanted to see if anyone that has dealt with them could tell me if they typically take the full 120 days or d…

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## [29-t12nr12e](https://www.mineralrightsforum.com/t/29-t12nr12e/2359)

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**Author:** [@James\_Shank](https://www.mineralrightsforum.com/u/James_Shank)\
**Replies:** 0\
**Last updated:** [July 28, 2017, 12:41am UTC](https://www.mineralrightsforum.com/t/29-t12nr12e/2359 "2017-07-28T00:41:14Z")

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My wife is executor of her mother’s estate and trustee of her trust. She and her 2 siblings have 53.5 acres in above listed Section. Has anyone heard what leases are going for in this area? About 5-6 miles NW of Henriett…

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## [Debra O'Quinn Cherokee County A-25](https://www.mineralrightsforum.com/t/debra-oquinn-cherokee-county-a-25/2367)

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**Author:** [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)\
**Replies:** 1\
**Last updated:** [July 27, 2017, 8:21pm UTC](https://www.mineralrightsforum.com/t/debra-oquinn-cherokee-county-a-25/2367 "2017-07-27T20:21:58Z")

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Debra, Your minerals are in a very good area for a gas well to be drilled into the Cotton Valley formation. Just to the North of Abstract 25 are some very good gas wells that have been drilled by Tanos Exploration, Jame…

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## [Lease rate in Jim Wells County, Tx](https://www.mineralrightsforum.com/t/lease-rate-in-jim-wells-county-tx/2371)

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**Author:** [@Vicky\_McDonald](https://www.mineralrightsforum.com/u/Vicky_McDonald)\
**Replies:** 1\
**Last updated:** [July 27, 2017, 6:15pm UTC](https://www.mineralrightsforum.com/t/lease-rate-in-jim-wells-county-tx/2371 "2017-07-27T18:15:54Z")

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I’ve been offered a mineral lease and am trying to figure out what the current fair rate is for bonus payment and royalty percentage on current non-producing acreage. Any help would be much appreciated.

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## [Royalty Deed](https://www.mineralrightsforum.com/t/royalty-deed/2366)

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**Author:** [@Mark1](https://www.mineralrightsforum.com/u/Mark1)\
**Replies:** 9\
**Last updated:** [July 27, 2017, 6:08pm UTC](https://www.mineralrightsforum.com/t/royalty-deed/2366 "2017-07-27T18:08:20Z")

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A friend recently discovered a Royalty Deed which belongs to his grandmother, who passed away in 1969, since 1956. It is for 20/324.5 interest in Section 14 Block 32. We have several questions - What is it worth? Is …

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## [W/2 Section 1, BK 54-T7, TP Survey](https://www.mineralrightsforum.com/t/w-2-section-1-bk-54-t7-tp-survey/2393)

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**Author:** [@Anne\_Hicks](https://www.mineralrightsforum.com/u/Anne_Hicks)\
**Replies:** 4\
**Last updated:** [July 27, 2017, 6:02am UTC](https://www.mineralrightsforum.com/t/w-2-section-1-bk-54-t7-tp-survey/2393 "2017-07-27T06:02:42Z")

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Hi there - I’m new to this forum. I have been receiving offers to buy my mineral interests in the above tract. The offers are around 12k/nma … which seems a little low to me after reading the other threads on this forum. …

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## [Decent lease offer?](https://www.mineralrightsforum.com/t/decent-lease-offer/3062)

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**Author:** [@Robin\_J\_Amos](https://www.mineralrightsforum.com/u/Robin_J_Amos)\
**Replies:** 12\
**Last updated:** [July 27, 2017, 2:41am UTC](https://www.mineralrightsforum.com/t/decent-lease-offer/3062 "2017-07-27T02:41:24Z")

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1-2N-8W and 2-2N-8W…each on a separate lease Lease offer for each section–$350 per acre, 3/16th royalty, 3 yrs, (no 2yr extension) Appreciate any input.

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## [Going Rate for Lease Bonus](https://www.mineralrightsforum.com/t/going-rate-for-lease-bonus/2657)

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**Author:** [@Jan\_Tillery](https://www.mineralrightsforum.com/u/Jan_Tillery)\
**Replies:** 12\
**Last updated:** [July 27, 2017, 12:11am UTC](https://www.mineralrightsforum.com/t/going-rate-for-lease-bonus/2657 "2017-07-27T00:11:28Z")

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I have a small net mineral interest in: S/2 SW/4 Section 222, Block 13, A-1647, H&GN RR Co Survey Reeves County, Texas. Anyone know the going rate for this area? I was offered $3k per NMA and that seems low to me.

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## [Limit length of contract to 5 years or allow company to extend it to 10 and accept same cost/mineral acre](https://www.mineralrightsforum.com/t/limit-length-of-contract-to-5-years-or-allow-company-to-extend-it-to-10-and-accept-same-cost-mineral-acre/2372)

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**Author:** [@Alan\_L\_Roesler](https://www.mineralrightsforum.com/u/Alan_L_Roesler)\
**Replies:** 0\
**Last updated:** [July 26, 2017, 11:09pm UTC](https://www.mineralrightsforum.com/t/limit-length-of-contract-to-5-years-or-allow-company-to-extend-it-to-10-and-accept-same-cost-mineral-acre/2372 "2017-07-26T23:09:57Z")

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My brother and I have inherited a tract of land for which we have a draft 5-year lease contract to review. He agrees with the provision that provides for an automatic 5 year extension at any time during that five years i…

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## [Verifying ownership](https://www.mineralrightsforum.com/t/verifying-ownership/2373)

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**Author:** [@Betty\_Rae\_Vania](https://www.mineralrightsforum.com/u/Betty_Rae_Vania)\
**Replies:** 0\
**Last updated:** [July 26, 2017, 8:05pm UTC](https://www.mineralrightsforum.com/t/verifying-ownership/2373 "2017-07-26T20:05:26Z")

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Who / what office do I contact to find out exactly what amount of acreage I now own and if it’s surface only, surface and minerals, or both? I inherited a mish-mash of small pieces in several counties in LA and one in TX…

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## [Blaine 31, 14N, 12W, E/2 NW/4, LOTS 1 and 2](https://www.mineralrightsforum.com/t/blaine-31-14n-12w-e-2-nw-4-lots-1-and-2/2420)

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**Author:** [@Virginia\_Henley](https://www.mineralrightsforum.com/u/Virginia_Henley)\
**Replies:** 10\
**Last updated:** [July 26, 2017, 8:03pm UTC](https://www.mineralrightsforum.com/t/blaine-31-14n-12w-e-2-nw-4-lots-1-and-2/2420 "2017-07-26T20:03:52Z")

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The operator has this HBP. It produced very little in the early 2000’s and nada since. I called to complain about the HBP status and got a new lease out of them in 2016 as a gas well. Now the OCC reports that the well wa…

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