# Current Lease Bonuses in Andrews County?

**URL:** https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314
**Category:** Andrews County, TX
**Created:** [February 28, 2017, 5:46pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314 "2017-02-28T17:46:01Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![Polly\_Dross](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/e8c25b/32.png) [@Polly\_Dross](https://www.mineralrightsforum.com/u/Polly_Dross)
#### Post date: [February 28, 2017, 5:46pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/1 "2017-02-28T17:46:01Z")

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My siblings and I own 5 acres in the South half of Section 2, Block A-44 and would like to know some of the going rates for bonuses in this area (total of 325 acres in unit). We have been offered $350 per acre, at 1/4 royalty, for 3 years. Would really appreciate the help!

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### Author: ![Donald\_Skotty](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/donald_skotty/32/4120_2.png) [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [February 28, 2017, 5:58pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/2 "2017-02-28T17:58:05Z")

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That sounds low to me. Three years ago (which can be an eternity), I leased in a relatively poor area of Andrews for $600/acre, 25% royalty, 3-year lease and my lease agreement. Just now in Gaines, again, I leased in an undeveloped area, for $500, 25%, 3 years and my lease.

I would counter with $600.

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### Author: ![Polly\_Dross](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/e8c25b/32.png) [@Polly\_Dross](https://www.mineralrightsforum.com/u/Polly_Dross)
#### Post date: [February 28, 2017, 7:35pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/3 "2017-02-28T19:35:55Z")

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Thank you so much! I will try. I tried getting $600 3 years ago and couldn’t get it. I guess it depends on the competition, and I’m seeing none right now. I will certainly try for more though.

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### Author: ![Just\_here\_to\_help](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/f04885/32.png) [@Just\_here\_to\_help](https://www.mineralrightsforum.com/u/Just_here_to_help)
#### Post date: [March 30, 2017, 4:43pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/4 "2017-03-30T16:43:02Z")

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If you don’t mind me asking…who is trying to lease your land?

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### Author: ![Bob\_Jackson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bob_jackson/32/10045_2.png) [@Bob\_Jackson](https://www.mineralrightsforum.com/u/Bob_Jackson)
#### Post date: [July 31, 2018, 4:32pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/5 "2018-07-31T16:32:23Z")

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New user here. Not too familiar with leases. My sister and I have 240 mineral acres total in Andrews County, Sections 5, 6 & 7, Block A-51, PSL. We have recently received an offer from Rock House Resources for a 3-year lease at $350 per acre. I suspect this is low but would like opinions, advice. Thanks in advance! Offer also includes 25% royalty rate.

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### Author: ![james\_h\_davis](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_h_davis/32/1439_2.png) [@james\_h\_davis](https://www.mineralrightsforum.com/u/james_h_davis)
#### Post date: [July 31, 2018, 6:26pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/6 "2018-07-31T18:26:21Z")

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I would hold out for at least $500. Your area doesn’t have a ton of activity right now. I wouldn’t do a 2-year extension if they ask. Do a straight 3-year, 25% and favorable lease riders.

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### Author: ![Bob\_Jackson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/bob_jackson/32/10045_2.png) [@Bob\_Jackson](https://www.mineralrightsforum.com/u/Bob_Jackson)
#### Post date: [July 31, 2018, 8:21pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/7 "2018-07-31T20:21:17Z")

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Thank you for the reply and the advice. Is your recommendation to hold out for $500 based on knowledge of current payments in my sections of land or just a general recommendation not to accept the first offer? Admittedly I’m a rookie but he seems pretty stuck on $350 after my first attempts at negotiation.

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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 14, 2018, 10:36pm UTC](https://www.mineralrightsforum.com/t/current-lease-bonuses-in-andrews-county/3314/8 "2018-08-14T22:36:37Z")

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