# Going rate per Mineral Acre for lease bonus, and lease royalty in Weld County

**URL:** https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161
**Category:** Weld County, CO
**Created:** [May 3, 2022, 5:04pm UTC](https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161 "2022-05-03T17:04:00Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![sandrawhitney](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/fbc32d/32.png) [@sandrawhitney](https://www.mineralrightsforum.com/u/sandrawhitney)
#### Post date: [May 3, 2022, 5:04pm UTC](https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161/1 "2022-05-03T17:04:00Z")

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We have mineral rights in Weld County Township 1 North, Range 64 West, Section 20. Have been offered lease bonus for $750 per net mineral acre, and a lease royalty of 3/16th if production. Wondering is this is a good offer or if we should negotiate!? Any feedback?

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### Author: ![tracy\_lenz](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tracy_lenz/32/16103_2.png) [@tracy\_lenz](https://www.mineralrightsforum.com/u/tracy_lenz)
#### Post date: [May 3, 2022, 5:19pm UTC](https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161/2 "2022-05-03T17:19:11Z")

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Welcome to the forum!

I have that section targeted at $1,300/NMA for a 25% royalty lease or $1,600 for a 20% lease. 3/16th is low for a modern lease but that area does seem to range 15-20% so not terrible, BUT first priority would be to up it to at least 20% (and ideally 25% but you might not have that leverage). Your property would be worth ~10% more just by going from 3/16th to 1/5th.

Then work on the bonus. If you’re negotiating more than ~2 NMA of value, it’d be worth having a lawyer review the lease terms and have them help negotiate better terms for you. The terms can make a difference in how much you get paid if drilling happens.

FYI, the section just 1 mile West of you has a TON of permits on it, which could indicate value coming your way. Hold strong for better terms since you should be able to negotiate quite a bit.

 ![image](https://www.mineralrightsforum.com/uploads/db5755/original/3X/b/b/bb3d32d618030c3eabbec17ff71844990d6745ff.jpeg)

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### Author: ![sandrawhitney](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/fbc32d/32.png) [@sandrawhitney](https://www.mineralrightsforum.com/u/sandrawhitney)
#### Post date: [May 5, 2022, 7:09pm UTC](https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161/3 "2022-05-05T19:09:38Z")

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Hey thanks so much for your thoughtful response. We have taken it all into consideration on our negotiating! We appreciate it. 🙂

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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: [August 1, 2022, 5:04pm UTC](https://www.mineralrightsforum.com/t/going-rate-per-mineral-acre-for-lease-bonus-and-lease-royalty-in-weld-county/66161/4 "2022-08-01T17:04:27Z")

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