# 1 mineral acre
**URL:** https://www.mineralrightsforum.com/t/1-mineral-acre/79650
**Category:** Oil and Gas Leasing Help
**Created:** [February 1, 2025, 11:24pm UTC](https://www.mineralrightsforum.com/t/1-mineral-acre/79650 "2025-02-01T23:24:28Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@JALSR](https://www.mineralrightsforum.com/u/JALSR)
#### Post date: [February 1, 2025, 11:24pm UTC](https://www.mineralrightsforum.com/t/1-mineral-acre/79650/1 "2025-02-01T23:24:29Z")
A petroleum landman in East Texas has reached out to my family about some small mineral acreage we own. I personally only have about one mineral acre which I had totally forgotten about until he contacted me. It is in close proximity to an active productive well in East Texas. They have future plans to drill a horizontal well that will include our tract of land.
He has reached out to me and other family members, sent contracts for the lease and a sign-on bonus.
It’s my understanding the royalty in East Texas is a standard 1/5 rate?
How do you determine sign-on bonus? How negotiable is this? Would this landman have competition also trying to acquire the same lease?
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### Author:  [@Mineral\_Owner5](https://www.mineralrightsforum.com/u/Mineral_Owner5)
#### Post date: [February 4, 2025, 4:21pm UTC](https://www.mineralrightsforum.com/t/1-mineral-acre/79650/2 "2025-02-04T16:21:24Z")
There is NO standard royalty rate in Texas. It’s negotiable, a 1/4 royalty for no longer than a 3-year lease and NO option term.
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### Author:  [@D\_Wells](https://www.mineralrightsforum.com/u/D_Wells)
#### Post date: [February 11, 2025, 7:36pm UTC](https://www.mineralrightsforum.com/t/1-mineral-acre/79650/3 "2025-02-11T19:36:49Z")
Competition? You won’t know unless another landman contacts you. All of the terms of the lease are negotiable to a point. On the royalty, you can negotiate for anything between the 20% offer up to 25%. Lease bonus is all about location, location, location for the most part. The “sign on bonus” is what he offers. Then you take that offer and attempt to negotiate for a better offer.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [May 2, 2025, 11:24pm UTC](https://www.mineralrightsforum.com/t/1-mineral-acre/79650/4 "2025-05-02T23:24:37Z")
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