Going rate for mineral right leasing in McClain County, Oklahoma, specifically S23-T7N-R3W

Oil and Gas Leasing Help
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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!

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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.

3

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.

4

What is an offsetting pooling order? Where do I find it??

thanks, Elmo

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