# Going rates for leases in Gaines county
**URL:** https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452
**Category:** Gaines County, TX
**Created:** [October 25, 2019, 3:46pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452 "2019-10-25T15:46:36Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Charleshm](https://www.mineralrightsforum.com/u/Charleshm)
#### Post date: [October 25, 2019, 3:46pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/1 "2019-10-25T15:46:36Z")
Have received inquiry on leasing our mineral rights on land in eastern Gaines County, wondering what the current lease prices are?
---
### Author:  [@ericfox11](https://www.mineralrightsforum.com/u/ericfox11)
#### Post date: [October 25, 2019, 4:42pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/2 "2019-10-25T16:42:03Z")
We have tentatively agreed to the below numbers in western Gaines County:
$600 NMA/25% royalty for the 3-year primary term and $625/25% for the 2-year option.
---
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [October 25, 2019, 5:49pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/3 "2019-10-25T17:49:47Z")
Many of us will not do an option. Too much can happen in the three years alone.
---
### Author:  [@ericfox11](https://www.mineralrightsforum.com/u/ericfox11)
#### Post date: [October 25, 2019, 7:13pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/4 "2019-10-25T19:13:37Z")
Yes that is what we have been told. They seem to be very adamant about it though. Maybe at the end we say we simply will not sign with an option.
---
### Author:  [@Gail\_E\_Hall](https://www.mineralrightsforum.com/u/Gail_E_Hall)
#### Post date: [October 25, 2019, 7:33pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/5 "2019-10-25T19:33:49Z")
Are you at liberty to share “who” and what lot and Section? Just curious, as my lease is just up, and I’m waiting to hear if the option is going to be picked up. Thanks.
---
### Author:  [@Charleshm](https://www.mineralrightsforum.com/u/Charleshm)
#### Post date: [October 25, 2019, 10:52pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/6 "2019-10-25T22:52:43Z")
Our rights are in the N1/2 of the SE1/4 of League 287 of Gray County school land in Gaines County, best I can tell SE of Seminole.
---
### Author:  [@perdurabo](https://www.mineralrightsforum.com/u/perdurabo)
#### Post date: [October 29, 2019, 2:19am UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/7 "2019-10-29T02:19:51Z")
I’d also be interested in more information about current lease rates in Gaines County. My minerals are in Block G, just SW of Loop, Texas and I have been approached by a third party land company for a 3-year lease with a 2-year extension. Is there an online resource that gives information on current lease prices per NMA?
---
### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:38pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-leases-in-gaines-county/52452/8 "2025-01-11T17:38:13Z")