# How does mineral leasing work
**URL:** https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177
**Category:** Wetzel County, WV
**Created:** [October 16, 2019, 11:30pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177 "2019-10-16T23:30:05Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@kham](https://www.mineralrightsforum.com/u/kham)
#### Post date: [October 16, 2019, 11:30pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/1 "2019-10-16T23:30:06Z")
Hi everybody. So out of nowhere, my sister received some documents stating that we own mineral rights to 46 acres in Wetzel County, WV. It says in Proctor District.
I don’t know all the specifics yet as I’m waiting for her to send me the paperwork but I do know they have been looking for us for some while and they said there are several others they are trying to find.
My sister was offered a lease for $200 a month plus 17% royalties.
I should know more here tonight. I’ve been reading on here all day trying to figure out what all of this means. Can anybody give me a basic explanation of what this all means?
I would appreciate it so much!
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### Author:  [@kham](https://www.mineralrightsforum.com/u/kham)
#### Post date: [October 17, 2019, 3:12am UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/2 "2019-10-17T03:12:19Z")
So I made a mistake. It is not $200 per month, they are offering $200 total for the whole 5 years plus 17% royalties. I’ve never done this before but doesn’t that seem like a complete rip off? So if they never drill or touch the land, nothing can be done with it for 5 years?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [October 17, 2019, 11:46pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/3 "2019-10-17T23:46:54Z")
If she inherited 46 acres is the offer for $200 per acre? Leasing minerals is much like leasing an apartment. They lease the mineral rights below the surface for a designated time frame. During that time frame they have exclusive rights to drill (or not drill). Instead of paying month to month, they pay the bonus up front.
If you are new, read the Mineral Help tab above and read the blogs category. Also read the Wetzel county forum for the last year or so and catch up on what others are saying.
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### Author:  [@DAVMinerals](https://www.mineralrightsforum.com/u/DAVMinerals)
#### Post date: [October 18, 2019, 8:24pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/4 "2019-10-18T20:24:30Z")
You should get a much better deal. The first offer is never very good.
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### Author:  [@anon29180028](https://www.mineralrightsforum.com/u/anon29180028)
#### Post date: [October 23, 2019, 4:05pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/5 "2019-10-23T16:05:14Z")
Make sure you have some legal help and have someone look over that lease.
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### Author:  [@oupack](https://www.mineralrightsforum.com/u/oupack)
#### Post date: [October 23, 2019, 4:12pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/6 "2019-10-23T16:12:19Z")
The tract is probably 46 acres and I assume you only have a small fractional share of that.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 4:33pm UTC](https://www.mineralrightsforum.com/t/how-does-mineral-leasing-work/52177/7 "2025-01-11T16:33:01Z")