I have just received an offer to lease my mineral rights on property in McClain County, OK - S23-T7N-R3W. I am wondering if anyone know what the current leasing rate is? Thanks!
Look at offsetting pooling orders and it will give you a pretty close idea. As I stated in your other post, there was an order in that section, look at it and other offsetting pooling in the area.
I am very uneducated with regard to the oil leasing terminology... what are "offsetting" pooling orders? And where can I find offsetting pooling information? Thank you...
Mineral Joe said:
Look at offsetting pooling orders and it will give you a pretty close idea. As I stated in your other post, there was an order in that section, look at it and other offsetting pooling in the area.
What is an offsetting pooling order? Where do I find it??
thanks, Elmo