# Bonus Rate in Midland County
**URL:** https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545
**Category:** Midland County, TX
**Created:** [February 1, 2020, 7:18pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545 "2020-02-01T19:18:40Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@William\_J\_Sanders](https://www.mineralrightsforum.com/u/William_J_Sanders)
#### Post date: [February 1, 2020, 7:18pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/1 "2020-02-01T19:18:40Z")
Can anyone provide me with the going Lease Bonus rate in Midland County?
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [February 3, 2020, 5:29pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/2 "2020-02-03T17:29:09Z")
Depends on the exact legal description. Give us section, block, abstract, etc., and we can help.
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### Author:  [@William\_J\_Sanders](https://www.mineralrightsforum.com/u/William_J_Sanders)
#### Post date: [February 3, 2020, 5:56pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/3 "2020-02-03T17:56:05Z")
Thank you for your response. The legal description is:
BABB “30”, XTO ENERGY, Township 4S Block 38 Section 30, RRC-08-32407
I do appreciate your help with this.
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### Author:  [@William\_J\_Sanders](https://www.mineralrightsforum.com/u/William_J_Sanders)
#### Post date: [February 3, 2020, 5:57pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/4 "2020-02-03T17:57:11Z")
It is an extension to a lease that is about to Pugh out.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [February 4, 2020, 6:03pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/5 "2020-02-04T18:03:24Z")
How many NMA do you control?
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### Author:  [@alantttl](https://www.mineralrightsforum.com/u/alantttl)
#### Post date: [February 19, 2020, 3:29am UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/6 "2020-02-19T03:29:16Z")
> [@William\_J\_Sanders](#):
>
> BLK 38
I just spoke with NARO yesterday. I am further north than you in Block 38 Township 3 South. We are pretty much on deepest depth on the centerline but don’t know how it is X many miles south of me. Wide Range $80/acre to $10,250/acre Royalties, 20% to 25% Term is 1 to 3 years.
You are Tier 1 Rock. Settle for nothing less than top pay and top terms. I just checked [DrillingInfo.com](http://DrillingInfo.com) for your location and cross referenced to a 2016 Pioneer presentation graphic of depth of play and you are close to an example well illustrating your proximity (3 to 5 miles east of you) to the deepest well illustrated on that cross section.
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### Author:  [@alantttl](https://www.mineralrightsforum.com/u/alantttl)
#### Post date: [February 19, 2020, 4:51am UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/7 "2020-02-19T04:51:14Z")
Just in case an image can post. This illustrates closely your proximity in the basin. I circled your section 30 in red and placed a red centerline through the relevant body of the basin and marked the relevant well, Bowles 30, closest to your section.
which is from slide 40 of the Pioneer September 2016 investor presentation, a commonly used slide of that era:
CHEERS!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [May 1, 2020, 7:18pm UTC](https://www.mineralrightsforum.com/t/bonus-rate-in-midland-county/55545/8 "2020-05-01T19:18:42Z")
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