# 120 acres in logan co. What's it worth?
**URL:** https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377
**Category:** Logan County, OK
**Created:** [March 1, 2019, 4:45pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377 "2019-03-01T16:45:17Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Doug11](https://www.mineralrightsforum.com/u/Doug11)
#### Post date: [March 1, 2019, 4:45pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/1 "2019-03-01T16:45:17Z")
I just found out that 5 people in my family are joint owners of the following W/2 SE/4 of Section 4, Township 17 North, Range 4 West SE/4 SE/4 of Section 11, Township 17 North, Range 4 West
It looks to be two pieces of land 80 and 40 acres each.
The landman has offered each of us $2,250 to sell.
So that is $11,250 total for 120 acres or $93 per acre, if I am doing this right?
Also would you sell it or lease it? None of us really need the $2,250 desperately or anything.
Please advise. And thanks in advance for your time.
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### Author:  [@Doug11](https://www.mineralrightsforum.com/u/Doug11)
#### Post date: [March 1, 2019, 6:20pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/2 "2019-03-01T18:20:36Z")
Actually the landman says we just own 10 mineral right acres not 120. So that makes his offer $1,125 per acre.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [March 1, 2019, 7:35pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/3 "2019-03-01T19:35:51Z")
I moved this over to Logan Co, OK for you.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [March 6, 2019, 8:01pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/5 "2019-03-06T20:01:33Z")
> [@Doug11](#):
>
> None of us really need the 2250 desperately or anything.
Hard to tell, often mineral purchasers have information that makes them believe the minerals are worth much more.
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### Author:  [@Doug11](https://www.mineralrightsforum.com/u/Doug11)
#### Post date: [March 12, 2019, 4:27pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/6 "2019-03-12T16:27:18Z")
We have decided not to sell and are looking at hiring our own landman.
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### Author:  [@Doug11](https://www.mineralrightsforum.com/u/Doug11)
#### Post date: [March 12, 2019, 4:30pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/7 "2019-03-12T16:30:42Z")
Thanks for your help.
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### Author:  [@ronald\_von\_wilson](https://www.mineralrightsforum.com/u/ronald_von_wilson)
#### Post date: [January 19, 2020, 7:59pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/8 "2020-01-19T19:59:55Z")
OMGooness. I have owned for 12 years roughly and guessing, one half of one fifth of one 16th of half of a quarter acre in Logan County, and I still average about 80 $s a month for the last 3 years, and still insist I will NEVER sell at any price. I keep thinking about what else could be down there or part of a long term grouping settlement like I am in now, for something we still know nothing about. (If this is a trap to get me to sell, I repeat, it will NOT work. I will never sell. Never. LOL
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:06pm UTC](https://www.mineralrightsforum.com/t/120-acres-in-logan-co-whats-it-worth/42377/9 "2025-01-11T18:06:00Z")