# Bonus Payment

**URL:** https://www.mineralrightsforum.com/t/bonus-payment/81647
**Category:** Howard County, TX
**Created:** [May 28, 2025, 9:56pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647 "2025-05-28T21:56:20Z")
**Posts on this page:** 17
**Page:** 1

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [May 28, 2025, 9:56pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/1 "2025-05-28T21:56:20Z")

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Sec 32 Blk 30 T-1-N, 136 ac - We were just offered a $30,000 bonus, 20% royalty. We are being told drilling will start this fall. Of course, no guarantee. Our last lease was significantly higher at $800/nma. Should we be asking for more? Any other insight you want to volunteer would be appreciated.

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### Author: ![George\_D\_Cato](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/george_d_cato/32/3578_2.png) [@George\_D\_Cato](https://www.mineralrightsforum.com/u/George_D_Cato)
#### Post date: [May 28, 2025, 10:29pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/2 "2025-05-28T22:29:07Z")

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Not sure about the bonus but I think $500/nma is reasonable ($30,000 equates to about $221/nma). Don’t take less than 25% royalty. I don’t know the geology in this area.

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### Author: ![James\_Garner1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_garner1/32/20760_2.png) [@James\_Garner1](https://www.mineralrightsforum.com/u/James_Garner1)
#### Post date: [May 28, 2025, 11:45pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/3 "2025-05-28T23:45:34Z")

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We have some interests in the area. May ask who made the OGL offer?

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [May 29, 2025, 1:10am UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/4 "2025-05-29T01:10:53Z")

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Longboat Energy Partners

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### Author: ![James\_Garner1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_garner1/32/20760_2.png) [@James\_Garner1](https://www.mineralrightsforum.com/u/James_Garner1)
#### Post date: [May 29, 2025, 1:35am UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/5 "2025-05-29T01:35:03Z")

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Thanks Jerry. I will keep you in the loop if I get additional information.

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [May 29, 2025, 2:20am UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/6 "2025-05-29T02:20:11Z")

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Thanks! I appreciate it.

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### Author: ![tracy\_lenz](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tracy_lenz/32/16103_2.png) [@tracy\_lenz](https://www.mineralrightsforum.com/u/tracy_lenz)
#### Post date: [May 29, 2025, 2:34pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/7 "2025-05-29T14:34:56Z")

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Our system is showing about $700 per acre for a 25% royalty would be the max I’d expect, but it’s also a bear oil market since early April’s OPEC+ and tariff fun, and people are less willing to stick their neck out right now. It’s also right on the edge of development, so it’s the first of the areas to feel the contraction when there’s any negative sentiment on oil.

I’d recommend holding out for 25% in this area, if you can afford to. Even with the bear market it’s still a great area that keeps on giving. It’s the best way to set yourself up for future success since that lease royalty can hang around for decades after a well is drilled. 20% rather than 25% could end up being massive, especially if prices go up, and should be considered just like if you were “selling” 1/5 of your interest in the property. There’s certainly a time to sell and diversify, but a 3-year low on oil prices probably isn’t when I’d lock in any values unless I had to for financial considerations.

 ![image](https://www.mineralrightsforum.com/uploads/db5755/original/3X/8/e/8e67c5c229c16c89e196e60a04f2932f11e3a325.jpeg)

 ![image](https://www.mineralrightsforum.com/uploads/db5755/original/3X/3/d/3d4befe428c14320d688595f815dff494a66604f.png)

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### Author: ![TFD](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/90db22/32.png) [@TFD](https://www.mineralrightsforum.com/u/TFD)
#### Post date: [May 29, 2025, 2:40pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/8 "2025-05-29T14:40:51Z")

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What did they say when you countered? I’ve never heard of this company and they could just be lease flippers.

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [June 11, 2025, 2:44pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/9 "2025-06-11T14:44:44Z")

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I have made no counter yet. Can anyone tell me if there have been any permits to drill in this area?

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### Author: ![Joe\_H\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/9fc29f/32.png) [@Joe\_H\_Smith](https://www.mineralrightsforum.com/u/Joe_H_Smith)
#### Post date: [June 11, 2025, 3:03pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/10 "2025-06-11T15:03:25Z")

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You may easily see all permitted wells on the TRRC website, just open the GIS viewer and move it to your area of interest. As easy as pie!

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [June 12, 2025, 3:35pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/11 "2025-06-12T15:35:12Z")

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Hello. I’m not having any luck. Taking me to TX site.

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### Author: ![AJ11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/838e76/32.png) [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [June 12, 2025, 8:50pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/12 "2025-06-12T20:50:59Z")

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This will open the RRC map viewer on a well in your section. Note there is existing hz production to your east. [https://gis.rrc.texas.gov/GISViewer/index.html?api=22732117](https://gis.rrc.texas.gov/GISViewer/index.html?api=22732117)

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### Author: ![AJ11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/838e76/32.png) [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [June 12, 2025, 8:51pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/13 "2025-06-12T20:51:42Z")

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This will open the RRC map viewer on a well in your section. Note there is existing hz production to your east. [https://gis.rrc.texas.gov/GISViewer/index.html?api=22732117](https://gis.rrc.texas.gov/GISViewer/index.html?api=22732117)

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [June 13, 2025, 1:36am UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/14 "2025-06-13T01:36:31Z")

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Not sure what you mean by HZ production?

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### Author: ![AJ11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/838e76/32.png) [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [June 13, 2025, 5:34am UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/15 "2025-06-13T05:34:46Z")

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Production from horizontal oil wells.

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### Author: ![Jerrysoil](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ccd318/32.png) [@Jerrysoil](https://www.mineralrightsforum.com/u/Jerrysoil)
#### Post date: [June 17, 2025, 9:11pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/16 "2025-06-17T21:11:15Z")

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Tracy, I really appreciated the information you provided in your post.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 26, 2025, 9:56pm UTC](https://www.mineralrightsforum.com/t/bonus-payment/81647/17 "2025-08-26T21:56:32Z")

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