Anyone getting leases of $10,000.00 per NMA?

Oil and Gas Leasing Help
1

I thought I saw a post but am not able to locate it.

2

That is very rare and very location specific. Most likely was a sale offer and not a lease offer.

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3

Right ! I thought that was high.

4

I believe I saw that number of $10,000/NMA for nonparticipating LEASE in Leon County. (Western Haynesville).

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5

I was pretty sure that I had seen that. That is amazing.

6

There were areas in the Barnett Shale when it was hot that LEASED for $13,000/NMA. Wish we could see that again!

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7

That would be great ! Nice to know that has actually happened.

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8

OK thanks. I look forward to it.

9

How long ago was that ?

10

Good evening, what is an NMA?

11

Net Mineral Acre. Most interests in minerals are undivided amongst family members. The net mineral acre would constitute a single person’s interest if it were divided.

12

Net Mineral Acre: example. Grandpa had 40 gross acres. When he died, he left his acreage to his four children at 25% each undivided. That means they each got 10 net mineral acres of the whole 40 acres, but not a specific geographic part. If the deed or probate said “divided”, then is usually for a very specific geographic location such as the homestead cabin and the garden. Those are pretty rare.

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