# Assistance Please - Royalty Question - Is this sufficient?
**URL:** https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357
**Category:** Lee County, TX
**Created:** [June 2, 2014, 7:17pm UTC](https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357 "2014-06-02T19:17:15Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Virginia\_Turrubiarte](https://www.mineralrightsforum.com/u/Virginia_Turrubiarte)
#### Post date: [June 2, 2014, 7:17pm UTC](https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357/1 "2014-06-02T19:17:15Z")
I would greatly appreciate obtaining feedback concerning royalty. I have been assisted by an 84-year-old friend with determining whether the offer received from a landman working for Venado Oil is sufficient for people receiving the same offer in the Lexington, Texas area.
My friend owns 30 acres and the proposal reads $350 per acre and 1/5 royalty. My question is the royalty offer of 1/5 the going rate being offered in this area? I do have a copy of the terms and conditions should you have any other questions. (Her neighbors on both sides of her home already received offers and they are receiving money; however, they do not care to share their proposal received.)
Many thanks and blessings.
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### Author:  [@Rock\_Man](https://www.mineralrightsforum.com/u/Rock_Man)
#### Post date: [June 2, 2014, 10:51pm UTC](https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357/2 "2014-06-02T22:51:57Z")
Personally I would counter wanting 25% royalty (1/4) and be willing to settle for 22.5%.
Bonus is reasonable but I would ask for $750 at least.
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### Author:  [@Virginia\_Turrubiarte](https://www.mineralrightsforum.com/u/Virginia_Turrubiarte)
#### Post date: [June 4, 2014, 12:58am UTC](https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357/3 "2014-06-04T00:58:37Z")
Thanks for the feedback. I’ll wait to see what others have to say.
Thanks Virginia
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 12:36am UTC](https://www.mineralrightsforum.com/t/assistance-please-royalty-question-is-this-sufficient/10357/4 "2018-08-15T00:36:32Z")