# 5-1s-5w

**URL:** https://www.mineralrightsforum.com/t/5-1s-5w/2531
**Category:** Stephens County, OK
**Created:** [June 29, 2017, 4:37am UTC](https://www.mineralrightsforum.com/t/5-1s-5w/2531 "2017-06-29T04:37:33Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Bart\_davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bart_davis/32/451_2.png) [@Bart\_davis](https://www.mineralrightsforum.com/u/Bart_davis)
#### Post date: [June 29, 2017, 4:37am UTC](https://www.mineralrightsforum.com/t/5-1s-5w/2531/1 "2017-06-29T04:37:33Z")

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I’ve heard Continental has drilled some really good gas wells in 1S-5W. I have 6.65 acres at an 81.25% NRI from an old vertical well lease. Does anyone know what the going rate in my area is? Thanks.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [June 29, 2017, 1:29pm UTC](https://www.mineralrightsforum.com/t/5-1s-5w/2531/2 "2017-06-29T13:29:33Z")

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If you are still in production from the old leases, then you are held by the terms of the old lease until the production dies.

Older leasing offers in the area have ranged from $1000 3/16 to $1750 3/16ths back when oil was $100. Any new offers are likely to be lower.

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### Author: ![Bart\_davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bart_davis/32/451_2.png) [@Bart\_davis](https://www.mineralrightsforum.com/u/Bart_davis)
#### Post date: [June 29, 2017, 3:04pm UTC](https://www.mineralrightsforum.com/t/5-1s-5w/2531/3 "2017-06-29T15:04:40Z")

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Thank you Mr. Barnes

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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 14, 2018, 10:23pm UTC](https://www.mineralrightsforum.com/t/5-1s-5w/2531/4 "2018-08-14T22:23:55Z")

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