# Going Rates for Oil Leases in Wetzel County WV

**URL:** https://www.mineralrightsforum.com/t/going-rates-for-oil-leases-in-wetzel-county-wv/29012
**Category:** Wetzel County, WV
**Created:** [July 5, 2018, 1:49pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-oil-leases-in-wetzel-county-wv/29012 "2018-07-05T13:49:15Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Q\_del\_Bastardo](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/q/ba9def/32.png) [@Q\_del\_Bastardo](https://www.mineralrightsforum.com/u/Q_del_Bastardo)
#### Post date: [July 5, 2018, 1:49pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-oil-leases-in-wetzel-county-wv/29012/1 "2018-07-05T13:49:15Z")

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Hello all, This is a completely foreign subject to me. As such, I am fully ignorant to almost any aspect of mineral rights, leasing, selling, etc.

I received, completely unexpectedly, a contract in the mail from Antero, offering to lease mineral rights from me for a tiny chunk of land that I had no idea that I was even entitled to, in Green district of Wetzel County, WV. I spoke to one of my brothers, who said that apparently on our grandmother’s side of the family there is some land that is divided among a number of remaining heirs. That part makes sense to me.

I really am only interested if the terms are fair.

For my share, which is 0.021466 acres (wow, right?), they are offering $75 plus 16%. If I figured it out right, that works out to nearly a proportional share of ~$3500 per acre. Is that reasonable? Does the royalty percentage fall in line with what is to be expected? Is it even worth sweating it over such a small bit of property?

Thank you so much in advance for any advice.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 4:33pm UTC](https://www.mineralrightsforum.com/t/going-rates-for-oil-leases-in-wetzel-county-wv/29012/2 "2025-01-11T16:33:04Z")

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