Current offers to lease mineral rights

I have been offered $500 and 3/16 for a five-year lease on land in Section 10, Township 8 South, Range 2 East. Is this a good price? Has anyone recently gotten offers for leasing minerals?

Thanks for any info.

Roger Wolf

Thanks, Sam. XTO is offering

roger

I just got the same offer on 7-7-2

RD Williams representing XTO

Same offer for 11-8S-2E. Are they asking for a top lease or were your drilling rights open?