# 16N-14W leasing

**URL:** https://www.mineralrightsforum.com/t/16n-14w-leasing/8170
**Category:** Dewey County, OK
**Created:** [December 7, 2014, 4:00pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170 "2014-12-07T16:00:48Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Daniel1](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/b19c9b/32.png) [@Daniel1](https://www.mineralrightsforum.com/u/Daniel1)
#### Post date: [December 7, 2014, 4:00pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/1 "2014-12-07T16:00:48Z")

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Hello,

Continental Resources is heavily leasing in this Township. I have open minerals. What is the going rate for leasing and selling? Any help would be greatly appreciated!

Thank you.

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### Author: ![Angela\_Havel](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/angela_havel/32/1685_2.png) [@Angela\_Havel](https://www.mineralrightsforum.com/u/Angela_Havel)
#### Post date: [December 7, 2014, 5:45pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/2 "2014-12-07T17:45:11Z")

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Daniel:

I recently negotiated for $400/acre bonus 3/16 royalty with NTX for a Dewey Section 31 Township 19N Range 15W property. Not the same township you listed, I know, but thought I’d offer the info. NTX offered $300 in their original request to lease, so I got them up a little. Probably could have done better, but I’m still new at negotiating.

As for Continental, I recently leased property to them in Grady County, Oklahoma at a $500/acre bonus and 3/16 royalty. They offered the $500/acre bonus in their original lease. I know that doesn’t help you for info on Dewey, but it does tell you they are fairly generous, as the majority of bonus amounts I see in initial requests to lease from companies, no matter the area, run from $100-150.

Angela

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### Author: ![Daniel1](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/b19c9b/32.png) [@Daniel1](https://www.mineralrightsforum.com/u/Daniel1)
#### Post date: [December 7, 2014, 6:00pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/3 "2014-12-07T18:00:19Z")

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Thanks, Angela!

What Section-Township-Range in Grady?

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### Author: ![Angela\_Havel](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/angela_havel/32/1685_2.png) [@Angela\_Havel](https://www.mineralrightsforum.com/u/Angela_Havel)
#### Post date: [December 7, 2014, 6:09pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/4 "2014-12-07T18:09:32Z")

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Grady Section 34-7N-5W.

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### Author: ![Larry\_Trook](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/f475e1/32.png) [@Larry\_Trook](https://www.mineralrightsforum.com/u/Larry_Trook)
#### Post date: [December 7, 2014, 10:32pm UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/5 "2014-12-07T22:32:30Z")

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I participate in an active well that was drilled in Section 1 in 2011.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 12:01am UTC](https://www.mineralrightsforum.com/t/16n-14w-leasing/8170/6 "2018-08-15T00:01:22Z")

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