# Fair lease value?
**URL:** https://www.mineralrightsforum.com/t/fair-lease-value/37237
**Category:** General Mineral Rights Discussion
**Created:** [November 20, 2018, 4:08am UTC](https://www.mineralrightsforum.com/t/fair-lease-value/37237 "2018-11-20T04:08:50Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@JJB](https://www.mineralrightsforum.com/u/JJB)
#### Post date: [November 20, 2018, 4:08am UTC](https://www.mineralrightsforum.com/t/fair-lease-value/37237/1 "2018-11-20T04:08:50Z")
I own mineral rights, 360 acres in Southeast Laramie County, Wyoming. State land was just leased nearby - within 4 to 5 miles for $500/acre. The same company that purchased the state lease is offering to lease to us but I was told that typically state land leases for a higher price than individually owned acres. Is this true and how much of a price difference should I expect? Need to come up with an asking amount but have no idea what to ask. Anyone have any helpful insight?
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### Author:  [@K11](https://www.mineralrightsforum.com/u/K11)
#### Post date: [November 20, 2018, 11:33pm UTC](https://www.mineralrightsforum.com/t/fair-lease-value/37237/3 "2018-11-20T23:33:47Z")
You’re far north of the “action” in Laramie County. For the area you own in, I would guess people would be offering $50-$100 per acre. I would not expect much more since there’s nothing going on in the Township, and no production/permitting close by.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:19pm UTC](https://www.mineralrightsforum.com/t/fair-lease-value/37237/5 "2025-01-11T19:19:37Z")