# Grady 7N-5W, Lease Bonuses
**URL:** https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070
**Category:** Grady County, OK
**Created:** [April 6, 2017, 7:44pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070 "2017-04-06T19:44:22Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Christine\_Putnam](https://www.mineralrightsforum.com/u/Christine_Putnam)
#### Post date: [April 6, 2017, 7:44pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/1 "2017-04-06T19:44:22Z")
Anyone have any info on the going lease bonus offers in/near 7N-5W?
---
### Author:  [@Don\_Ayres](https://www.mineralrightsforum.com/u/Don_Ayres)
#### Post date: [April 6, 2017, 7:53pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/2 "2017-04-06T19:53:59Z")
I was offered $1000 per NMA for 3 yrs and 1/5 in 8N-5W. Turned them down however.
---
### Author:  [@Don\_Bray](https://www.mineralrightsforum.com/u/Don_Bray)
#### Post date: [April 7, 2017, 2:48am UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/3 "2017-04-07T02:48:13Z")
Two years ago Commissioners of the Land Office:
AWARDED Grady 15.00/acres LEFCO ENERGY LLC S/2 SW/4 SW/4; SW/4 SE/4 SW/4 (1/2 M.R.),
Section 15-07N-05WIM $54,765.00/total $3,651.00/acre
AWARDED Grady 60.00/acres MARATHON OIL COMPANY E/2 NE/4; N/2 NW/4 NE/4; SW/4 NW/4 NE/4; NW/4 SW/4 NE/4, less and except the Woodford Formation (1/2 M.R.),
Section 22-07N-05WIM $186,780.00/total $3,113.00/acre
AWARDED Grady 75.00/acres MARATHON OIL COMPANY NE/4 NW/4; N/2 SE/4 NW/4; SW/4 SE/4 NW/4; W/2 NW/4, less and except the Woodford Formation (1/2 M.R.),
Section 22-07N-05WIM $264,225.00/total $3,523.00/acre
AWARDED Grady 40.00/acres MARATHON OIL COMPANY E/2 SE/4, less and except the Woodford Formation (1/2 M.R.),
Section 22-07N-05WIM $108,680.00/total $2,717.00/acre
Because the leases above were for 1/2 or 50% of the mineral rights the net acres of the leases is half of what is listed, which doubles the per acre amount listed. Nice!
Also, remember what Jake Allen posted on the Comment Wall… “Oklahoma land office can get a better deal for their minerals than an everyday Oklahoman or Texan who owns minerals because of forced pooling… those in Core SCOOP which is most of Grady County have minerals that are worth far more than most plays in US but because of forced pooling it is rare that an individual mineral owner gets full value.”
---
### Author:  [@Bud](https://www.mineralrightsforum.com/u/Bud)
#### Post date: [April 7, 2017, 1:59pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/4 "2017-04-07T13:59:35Z")
8N 5W went for $7,000
---
### Author:  [@Christine\_Putnam](https://www.mineralrightsforum.com/u/Christine_Putnam)
#### Post date: [November 13, 2017, 2:08am UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/6 "2017-11-13T02:08:01Z")
We’ve had numerous offers in 7N-5W for 3 years, 1/5th, $4000-$4750/acre. Cactus Rig 166 in Section 15.
---
### Author:  [@Christine\_Putnam](https://www.mineralrightsforum.com/u/Christine_Putnam)
#### Post date: [November 14, 2017, 2:09am UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/7 "2017-11-14T02:09:03Z")
Rig is actually in Section 14 (Newfield)
---
### Author:  [@Charles\_Gibson](https://www.mineralrightsforum.com/u/Charles_Gibson)
#### Post date: [November 20, 2017, 9:36pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/8 "2017-11-20T21:36:13Z")
Info for lease bonus 23-8N-5W? Thanks
---
### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:32pm UTC](https://www.mineralrightsforum.com/t/grady-7n-5w-lease-bonuses/3070/9 "2018-08-14T22:32:42Z")