# Advice on oil and gas lease

**URL:** https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399
**Category:** Eddy County, NM
**Created:** [March 9, 2026, 4:16pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399 "2026-03-09T16:16:24Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Wally](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/9de053/32.png) [@Wally](https://www.mineralrightsforum.com/u/Wally)
#### Post date: [March 9, 2026, 4:16pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399/1 "2026-03-09T16:16:24Z")

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Hello, I recently received an offer to lease my mineral rights in Eddy County. The area is within Township 23S Range 25E. I have no idea if it is a fair offer or how to negotiate better terms. Looking for best advice to move forward.

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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: [March 11, 2026, 6:41pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399/2 "2026-03-11T18:41:03Z")

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Quite a few companies are leasing in the township. In general, the first offers are low, just to see who will bite. If you want to add your section, can give you a few names of who else is leasing close to you.

The draft lease will not likely be in your favor, so getting a good oil and gas attorney is a wise investment in getting better terms and better language to protect you and your family for a long time.

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### Author: ![Wally](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/9de053/32.png) [@Wally](https://www.mineralrightsforum.com/u/Wally)
#### Post date: [March 11, 2026, 7:48pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399/3 "2026-03-11T19:48:26Z")

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Thank you, Martha, for your assistance. The sections are 4 and 20. Obviously just trying to make certain that the offer is fair. Will definitely do some research on an attorney.

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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: [March 11, 2026, 8:09pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399/4 "2026-03-11T20:09:47Z")

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BlackTree is in 4, but Ridge Runner is over in 2, so a possibility.

BlackTree is in 20, but Briggshanna and TIlden Capital are in 23.

3R Operating has a rig going in 36.

You can usually get a better offer if you do a multi section deal, but make sure they are separate leases.

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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: [June 7, 2026, 4:16pm UTC](https://www.mineralrightsforum.com/t/advice-on-oil-and-gas-lease/86399/5 "2026-06-07T16:16:49Z")

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