# Anyone have offers or hear of activity NE/4- Sec 17-23N-9W
**URL:** https://www.mineralrightsforum.com/t/anyone-have-offers-or-hear-of-activity-ne-4-sec-17-23n-9w/25755
**Category:** Alfalfa County, OK
**Created:** [February 21, 2018, 11:59pm UTC](https://www.mineralrightsforum.com/t/anyone-have-offers-or-hear-of-activity-ne-4-sec-17-23n-9w/25755 "2018-02-21T23:59:20Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Patricia\_Lynch-Dopkin](https://www.mineralrightsforum.com/u/Patricia_Lynch-Dopkin)
#### Post date: [February 21, 2018, 11:59pm UTC](https://www.mineralrightsforum.com/t/anyone-have-offers-or-hear-of-activity-ne-4-sec-17-23n-9w/25755/1 "2018-02-21T23:59:20Z")
I just received an offer to lease for a bonus of $275 per net acre, 3/16 for 3 years. The bonus seems kind of low to me. Anyone have any news or ideas? Thanks!
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### Author:  [@Terrel\_Shields](https://www.mineralrightsforum.com/u/Terrel_Shields)
#### Post date: [February 22, 2018, 4:54pm UTC](https://www.mineralrightsforum.com/t/anyone-have-offers-or-hear-of-activity-ne-4-sec-17-23n-9w/25755/2 "2018-02-22T16:54:51Z")
It is active. A couple of mineral deeds were recently executed in that Township. It is also where a lot of the earthquakes are happening. The worst of your problems isn’t the royalty or the bonus. The post-production expenses within a few years will be 50% or more and you will effectively get less than 1/8th. Courts are siding with the oil companies on this, so you are screwed if you don’t get an insanely high royalty or bonus. If you have a Pugh clause after your lease expires they will pool you again below the zone they are producing and cut you back to 3/16th or less again.
I would rather have a 1/8th royalty with zero deductions - not transportation, not compression, not anything rather than a post-production lease. Also, they ought to pay you on the GROSS production from the well head not the NET production sold to the end user in BumFuzzle, Egypt. Compressors use a lot of gas and the longer the lines, the more line loss. I have a client who is a charity and 2 of their wells have “negative” royalties. They actually “owe” the oil company money because post-production expenses exceeded 100%. They are not working interests either, but are straight royalties. Join NARO.
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### Author:  [@Forum\_Administrator](https://www.mineralrightsforum.com/u/Forum_Administrator)
#### Post date: [January 9, 2025, 3:15pm UTC](https://www.mineralrightsforum.com/t/anyone-have-offers-or-hear-of-activity-ne-4-sec-17-23n-9w/25755/3 "2025-01-09T15:15:53Z")