# Beckham County Leasing Opportunity
**URL:** https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636
**Category:** General Mineral Rights Discussion
**Created:** [January 3, 2017, 9:47pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636 "2017-01-03T21:47:54Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@rod\_sherwin](https://www.mineralrightsforum.com/u/rod_sherwin)
#### Post date: [January 3, 2017, 9:47pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636/1 "2017-01-03T21:47:54Z")
I just received two letters offering to lease my mineral acres in Beckham County, Sections 31 and 32, Township 11N, Range 21W.
The letter came from Plainview Oil Company, LLC, Norman, Oklahoma.
Their offer to lease was:
No cash bonus with 1/4th royalty for a term of 5 years.
Their offer to buy was for $950 per acre.
Is this a good deal?
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### Author:  [@gary\_speckman](https://www.mineralrightsforum.com/u/gary_speckman)
#### Post date: [January 4, 2017, 6:54pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636/2 "2017-01-04T18:54:44Z")
I see two new leases in Section 28 and Section 36. Section 28 leased for $1400 on 10/17/2016; Section 36 leased for $2,750 on 12/08/2016. Also, a new well drilled by Atalaya Resources came in at 566 bopd and 2480 mcf.
No way would I sell for $950/A, LOOKS LIKE A GOOD AREA.
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### Author:  [@Tom\_Ed\_Moore](https://www.mineralrightsforum.com/u/Tom_Ed_Moore)
#### Post date: [January 4, 2017, 7:58pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636/3 "2017-01-04T19:58:22Z")
I would take 1/4 bonus and maximum on Forced Pooling. This leaves all other formations open.
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### Author:  [@rod\_sherwin](https://www.mineralrightsforum.com/u/rod_sherwin)
#### Post date: [January 4, 2017, 9:06pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636/4 "2017-01-04T21:06:43Z")
I apologize for my lack of lease knowledge but I didn’t understand your response. I thought a bonus was a dollar amount so a 1/4 bonus is new to me. I also didn’t understand what the maximum on forced pooling means. If you get a second to educate me, I would sincerely appreciate it.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:41pm UTC](https://www.mineralrightsforum.com/t/beckham-county-leasing-opportunity/3636/5 "2018-08-14T22:41:26Z")