# Atoka County New Activity 3& 10-2N-13E
**URL:** https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732
**Category:** Atoka County, OK
**Created:** [June 11, 2020, 5:40pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732 "2020-06-11T17:40:27Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@jimvau](https://www.mineralrightsforum.com/u/jimvau)
#### Post date: [June 11, 2020, 5:40pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/1 "2020-06-11T17:40:28Z")
I have mineral interests in Sections 3 & 10, Township 2 North, Range 13 East. I have leased them 3 times. Actually thought Bravo Arkoma was going to drill the last time. They did everything but poke a hole in the ground, but in the end they let the lease expire and did not exercise the 2-year option. Lease expired this spring. I recently received an offer to purchase (not a very good one IMO) my interests in Section 10. I checked and Meadows Oil & Gas had done some leasing in these two sections in late 2019. Anybody have any information about new activity in this area?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [June 11, 2020, 6:15pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/2 "2020-06-11T18:15:59Z")
There only 11 rigs running in all of OK, plus things are a bit slow right now given the COVID-19 situation. Currently no OCC cases in the last 999 days for that township. Most of the recent leasing was in section 10 by Meadows Sept-Dec 2019. It could be a bit quiet until oil and gas prices rise enough to make it worth drilling in that part of the Arkoma Basin.
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### Author:  [@jimvau](https://www.mineralrightsforum.com/u/jimvau)
#### Post date: [June 11, 2020, 6:40pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/3 "2020-06-11T18:40:43Z")
Thanks for the info.
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### Author:  [@RachelTalasaz](https://www.mineralrightsforum.com/u/RachelTalasaz)
#### Post date: [June 11, 2020, 9:02pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/4 "2020-06-11T21:02:44Z")
I have seen some recent leasing offers in the area for 02N-12E in Atoka County. They weren’t very good offers. I think there are some companies looking to pick up cheap leases during the downturn that will then flip the lease or minerals to someone else when prices pick up.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [June 11, 2020, 9:19pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/5 "2020-06-11T21:19:34Z")
I am seeing that same pattern in several counties in OK. Of course, my opinion of “cheap” might be different from someone else’s opinion.
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### Author:  [@jimvau](https://www.mineralrightsforum.com/u/jimvau)
#### Post date: [June 11, 2020, 9:43pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/6 "2020-06-11T21:43:05Z")
I am not telling anybody here what they don’t already know, but first offer is almost always lowball. My last experience started at $75 at 1/8 for 5 years. A year later, I signed for $300 and 3/16 for 3 years with an option for 2 years for 150% of original bonus. I negotiated what I thought were good lease terms and I was pretty proud of myself. They later pooled for same bonus and %, don’t know about lease terms. A year later the pooled people got paid again and since they never drilled, I am thinking I messed up. My offer to purchase is equivalent to what I first leased for in 2007. I am ready to go back to 2007, for a lot of reasons.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [June 12, 2020, 3:34pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/7 "2020-06-12T15:34:51Z")
I am ready to go back to 2007, for a lot of reasons.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 9, 2020, 5:40pm UTC](https://www.mineralrightsforum.com/t/atoka-county-new-activity-3-10-2n-13e/57732/8 "2020-09-09T17:40:29Z")
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