What bonus is going for in or around T22S R27E in the last few months or year?
Royalties range from 3/16ths to 1/4. Bonus amounts are not public, so someone on the forum would have to share their offers.
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Hi there- in the past couple of years we have received a range of $1,500-$3,500 bonus in 22S27E depending on the section and how much MI we own. All our leases in this area have been for a quarter royalty and do not allow deductions. We negotiate the bonus based on ensuring these other terms are acceptable.
Hope this helps!
I would definitely pay alot more than $3500/acre in 22-27
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Thank you all that helps considerably.