# 32 t7n r3w

**URL:** https://www.mineralrightsforum.com/t/32-t7n-r3w/25501
**Category:** McClain County, OK
**Created:** [March 26, 2018, 3:19am UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501 "2018-03-26T03:19:41Z")
**Posts on this page:** 7
**Page:** 1

<div class="post-metadata">

### Author: ![G\_Goodwin](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/779978/32.png) [@G\_Goodwin](https://www.mineralrightsforum.com/u/G_Goodwin)
#### Post date: [March 26, 2018, 3:19am UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/1 "2018-03-26T03:19:41Z")

</div>

I own mineral rights to 80 acres in this section. I am currently near the end of the first year on a 3-year lease. I was approached by Decoy Resources to sell my rights for $2000/acre, which seems rather low considering another owner in Sections 34 and 35, Township 7N, Range 4W was offered $6500 per acre. How does one determine the selling value of their mineral rights?

Any info would be greatly appreciated…

---

<div class="post-metadata">

### Author: ![Frank\_Pfisch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/5daacb/32.png) [@Frank\_Pfisch](https://www.mineralrightsforum.com/u/Frank_Pfisch)
#### Post date: [March 26, 2018, 3:55pm UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/2 "2018-03-26T15:55:24Z")

</div>

Rhetorical question: why do you want to sell your minerals? Possible reasons are: Don’t want to run the risk of never receiving income from the property. Urgent need for cash. No heirs that you care about.

---

<div class="post-metadata">

### Author: ![G\_Goodwin](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/779978/32.png) [@G\_Goodwin](https://www.mineralrightsforum.com/u/G_Goodwin)
#### Post date: [March 26, 2018, 5:05pm UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/3 "2018-03-26T17:05:00Z")

</div>

I don’t necessarily want to sell. But since I have been approached to sell, I would like to know the value of my mineral interests. If I am given a reasonable offer, I will consider it.

---

<div class="post-metadata">

### Author: ![Chance](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/e274bd/32.png) [@Chance](https://www.mineralrightsforum.com/u/Chance)
#### Post date: [March 26, 2018, 11:20pm UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/4 "2018-03-26T23:20:47Z")

</div>

7N-4W is much, much “hotter” than 7N-3W. Probably the reason for the large difference in price per acre.

---

<div class="post-metadata">

### Author: ![G\_Goodwin](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/779978/32.png) [@G\_Goodwin](https://www.mineralrightsforum.com/u/G_Goodwin)
#### Post date: [March 27, 2018, 3:00am UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/5 "2018-03-27T03:00:53Z")

</div>

Yes, true. I did some research & determined that as well, thanks.

---

<div class="post-metadata">

### Author: ![Timothy\_Tran](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/5f9b8f/32.png) [@Timothy\_Tran](https://www.mineralrightsforum.com/u/Timothy_Tran)
#### Post date: [April 13, 2018, 12:14am UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/6 "2018-04-13T00:14:07Z")

</div>

G Goodwin,

My company, Mason Oaks Energy, has been purchasing throughout 6N-3W and 7N-3W and that is close to what we are purchasing for. Maybe a bit less than us, it just all depends on what royalty you were leased on. If interested, you may message me for my contact info and we can discuss more.

---

<div class="post-metadata">

### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:04pm UTC](https://www.mineralrightsforum.com/t/32-t7n-r3w/25501/7 "2025-01-11T18:04:24Z")

</div>


