# Fair Market Value Question - Leasing and Selling Mineral Rights

**URL:** https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930
**Category:** McKenzie County, ND
**Created:** [December 12, 2019, 2:40am UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930 "2019-12-12T02:40:02Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![J\_Marshall](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e8c25b/32.png) [@J\_Marshall](https://www.mineralrightsforum.com/u/J_Marshall)
#### Post date: [December 12, 2019, 2:40am UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930/1 "2019-12-12T02:40:03Z")

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Does anyone have any info on any leasing activity in the 149N-95W or 150N-95W area? What are lease offers in the area right now? What are minerals selling for?

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### Author: ![DRontal](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/d/cc9497/32.png) [@DRontal](https://www.mineralrightsforum.com/u/DRontal)
#### Post date: [December 12, 2019, 2:39pm UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930/2 "2019-12-12T14:39:07Z")

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Might have to get a bit more specific with the Section numbers since a lot of those two Townships are infilled already.

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### Author: ![J\_Marshall](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e8c25b/32.png) [@J\_Marshall](https://www.mineralrightsforum.com/u/J_Marshall)
#### Post date: [December 16, 2019, 3:18pm UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930/3 "2019-12-16T15:18:44Z")

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I don’t know exact sections but I know they are NOT infilled yet. Does that help for at least a ballpark estimate on what selling minerals would be worth?

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### Author: ![maxroyalty](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/maxroyalty/32/13849_2.png) [@maxroyalty](https://www.mineralrightsforum.com/u/maxroyalty)
#### Post date: [January 8, 2020, 10:52pm UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930/4 "2020-01-08T22:52:52Z")

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Hi Jim. The best way to know what they are worth is to solicit offers from the top mineral buyers in your area. You will need the legal description (at least which sections), how many net acres you own, and what royalty they are leased at.

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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: [February 10, 2020, 2:40am UTC](https://www.mineralrightsforum.com/t/fair-market-value-question-leasing-and-selling-mineral-rights/53930/5 "2020-02-10T02:40:10Z")

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