# Amending a Lease Offer

**URL:** https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417
**Category:** Wetzel County, WV
**Created:** [April 5, 2018, 12:29am UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417 "2018-04-05T00:29:07Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Shelley\_J](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/shelley_j/32/9057_2.png) [@Shelley\_J](https://www.mineralrightsforum.com/u/Shelley_J)
#### Post date: [April 5, 2018, 12:29am UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/1 "2018-04-05T00:29:07Z")

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What process did you use to amend a lease offer? Go through the Landman that made the offer, or work through an attorney? My rights make up a small fraction of the total, so I’m not sure it would be worth the expense for an attorney, but can anyone give me a rough estimate what that would cost?

Thanks!

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### Author: ![John\_Six](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/a587f6/32.png) [@John\_Six](https://www.mineralrightsforum.com/u/John_Six)
#### Post date: [April 5, 2018, 9:54am UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/2 "2018-04-05T09:54:13Z")

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Around a couple of hundred dollars for a consultation.

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### Author: ![Robert\_Nutter\_Jr](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/c2a13f/32.png) [@Robert\_Nutter\_Jr](https://www.mineralrightsforum.com/u/Robert_Nutter_Jr)
#### Post date: [April 8, 2018, 12:39am UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/3 "2018-04-08T00:39:24Z")

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Scratch out what you don’t like. Have the landman add an addendum to what you want. Everything is negotiable even if you have a small fraction. These companies look at performance metrics… who is getting the most people signed. The landman might bend over backwards for you, but don’t overplay your hand though. You don’t want production costs… more importantly you don’t want 3rd party production costs; that’s where they get you. If you have under a net acre interest, go for a flat fee aside from a per acre rental bonus. With a flat fee, you may end up getting about 10k/acre. You want a good royalty… blah blah. Here is the lowdown on landman… They want the lease signed ASAP.

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### Author: ![Shelley\_J](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/shelley_j/32/9057_2.png) [@Shelley\_J](https://www.mineralrightsforum.com/u/Shelley_J)
#### Post date: [April 8, 2018, 6:00pm UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/4 "2018-04-08T18:00:23Z")

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I do have a small fraction, but I also have two sisters, so maybe we have more bargaining power as a collective. We each have .00656 of roughly 60 Acres. The landman is with Antero, and there is already a pad on the surface and approved engineered plans.

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### Author: ![Robert\_Nutter\_Jr](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/c2a13f/32.png) [@Robert\_Nutter\_Jr](https://www.mineralrightsforum.com/u/Robert_Nutter_Jr)
#### Post date: [April 8, 2018, 8:06pm UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/5 "2018-04-08T20:06:19Z")

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That’s not a whole lot. Collectively still not a whole lot. If you can get $1,000 flat signing bonus and 18% royalty, with no production cost, no third party production cost…that’s a win. $1k flat would be $152,439.02/acre. They probably want this signed quickly.

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### Author: ![Shelley\_J](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/shelley_j/32/9057_2.png) [@Shelley\_J](https://www.mineralrightsforum.com/u/Shelley_J)
#### Post date: [April 9, 2018, 2:21am UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/6 "2018-04-09T02:21:06Z")

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Right. Thanks for your input and assistance!

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### Author: ![Shelley\_J](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/shelley_j/32/9057_2.png) [@Shelley\_J](https://www.mineralrightsforum.com/u/Shelley_J)
#### Post date: [April 11, 2018, 6:17pm UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/7 "2018-04-11T18:17:46Z")

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So should I even bother asking about some of the other things I’ve seen mentioned on this forum? For example,

royalties at the point of sale instead of at the well,

restricting free use of oil/gas (water on the land),

shortening period of lack of production/operations to 90 days instead of 120 days,

etc?

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### 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, 4:33pm UTC](https://www.mineralrightsforum.com/t/amending-a-lease-offer/25417/8 "2025-01-11T16:33:04Z")

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