# Howard County Current Lease rates
**URL:** https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847
**Category:** Howard County, TX
**Created:** [December 2, 2016, 11:31pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847 "2016-12-02T23:31:27Z")
**Posts on this page:** 18
**Page:** 1
### Author:  [@Lee2](https://www.mineralrightsforum.com/u/Lee2)
#### Post date: [December 2, 2016, 11:31pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/1 "2016-12-02T23:31:27Z")
I’m getting some real interest from two outfits for our mineral interests in Block 32 Section 35 - has anyone received any offers in this area and can comment on current terms? I’ve heard from a friend that recent activity has generated some very high leasing rates. Thanks to Clint Liles here in the forum, we can all see how many drilling permits have been pulled in this area in the past month alone.
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### Author:  [@Joe\_Calaway](https://www.mineralrightsforum.com/u/Joe_Calaway)
#### Post date: [December 2, 2016, 11:51pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/2 "2016-12-02T23:51:22Z")
What Township?
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 2, 2016, 11:54pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/3 "2016-12-02T23:54:33Z")
Hello Lee,
Can you confirm if your Howard County Block 32 is T1N, T1S, T2N, or T3N?
Clint Liles
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### Author:  [@Lee2](https://www.mineralrightsforum.com/u/Lee2)
#### Post date: [December 3, 2016, 12:16am UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/4 "2016-12-03T00:16:36Z")
Thank you Clint - it is T3N
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### Author:  [@Lee2](https://www.mineralrightsforum.com/u/Lee2)
#### Post date: [December 3, 2016, 12:16am UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/5 "2016-12-03T00:16:50Z")
T3N
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### Author:  [@Joe\_Calaway](https://www.mineralrightsforum.com/u/Joe_Calaway)
#### Post date: [December 3, 2016, 1:04am UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/6 "2016-12-03T01:04:08Z")
Small world. You and I are neighbors. I’ve got a fractional interest in west adjacent 34 (HBP with Finley). 35 is wide open. There hasn’t been a permit there since 1981.
Three Rivers Acquisition leased in 35 in spring and summer of 2014, 36 month terms. Unless your name is Mary O. Thompson or Moneral LTD, you probably weren’t contacted.
There’s some prospect-building activity in the neighborhood, but no drillers.
I know someone a few sections over who ended up with $1500 per, 1/4, 3/2 from Finley, but that was back in August and Finley is now in the process of divesting its properties in that part of Howard.
If it were me, I’d want to land around $1750 per.
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [December 3, 2016, 2:09am UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/7 "2016-12-03T02:09:38Z")
Lee,
I have no idea about the bonus amount (lease rate) for this area but I will say I would stick with 25% royalty in a lease for this area. There are numerous approved permitted locations just to the west of your Section 35. In Section 31 Horizontal well API 227-38372/oil-gas/completed in 2014/Spraberry (Trend area) formation.
Link to production data on well 38372:
[http://webapps2.rrc.state.tx.us/EWA/specificLeaseQueryAction.do?tab=init&viewType=prodAndTotalDisp&methodToCall=fromGisViewer&pdqSearchArgs.paramValue=](http://webapps2.rrc.state.tx.us/EWA/specificLeaseQueryAction.do?tab=init&viewType=prodAndTotalDisp&methodToCall=fromGisViewer&pdqSearchArgs.paramValue=%7C2=10%7C3=2015%7C4=09%7C5=2016%7C103=46420%7C6=O%7C102=08%7C8=specificLease%7C204=district%7C9=dispDetails%7C10=0)
Link to Completion Report on well 38372 in Section 31:
[http://webapps.rrc.texas.gov/CMPL/viewPdfReportFormAction.do?method=cmplW2FormPdf&packetSummaryId=127858](http://webapps.rrc.texas.gov/CMPL/viewPdfReportFormAction.do?method=cmplW2FormPdf&packetSummaryId=127858)
An older vertical well next door to the east of Section 35 was completed in 1985 into the Canyon formation and is still producing 4 to 5 barrels of oil per day. I see numerous older plugged oil wells and some still producing in the area.
BE PATIENT… IN TIME YOU SHOULD SEE SOME GOOD PRODUCTION IN YOUR IMMEDIATE AREA
GIS Map of Howard County A-292/Section 35/Block 32T3N and surrounding area:
![Map]()CLICK ON MAP TO ENLARGE
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### Author:  [@Lee2](https://www.mineralrightsforum.com/u/Lee2)
#### Post date: [December 3, 2016, 8:01pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/8 "2016-12-03T20:01:18Z")
Thanks for the info, neighbor Joe! I will explore for more info and share the results with you and Clint when I know more.
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### Author:  [@anon35718252](https://www.mineralrightsforum.com/u/anon35718252)
#### Post date: [February 18, 2017, 3:38am UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/9 "2017-02-18T03:38:51Z")
We have also received offers for Section 35, Block 32 Township 2 North. $2800/acre for 3 years, plus 2 year option. Anyone else? Is this too low?
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### Author:  [@Robert\_Guin](https://www.mineralrightsforum.com/u/Robert_Guin)
#### Post date: [February 19, 2017, 10:29pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/10 "2017-02-19T22:29:27Z")
Hi Don, I also have holdings in T2N and have also been contacted by a few landmen. I’m waiting for a much better offer. I personally won’t accept that low of an offer.
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### Author:  [@anon35718252](https://www.mineralrightsforum.com/u/anon35718252)
#### Post date: [February 20, 2017, 5:52pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/11 "2017-02-20T17:52:39Z")
Thanks Robert. What are the other offers out there?
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### Author:  [@Robert\_Guin](https://www.mineralrightsforum.com/u/Robert_Guin)
#### Post date: [February 20, 2017, 10:09pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/12 "2017-02-20T22:09:58Z")
I’m still waiting to see how high they’ll go. Clint Liles has advised patience and I’m taking that advice. I’ve heard of offers of $4000 per NMA but no absolute on that.
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### Author:  [@anon35718252](https://www.mineralrightsforum.com/u/anon35718252)
#### Post date: [February 22, 2017, 2:54pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/13 "2017-02-22T14:54:41Z")
Thanks Robert. If you hear of any landman offering at those prices, please let me know. I’ll do the same.
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### Author:  [@Robert\_Guin](https://www.mineralrightsforum.com/u/Robert_Guin)
#### Post date: [March 11, 2017, 3:38pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/14 "2017-03-11T15:38:20Z")
We have just agreed to sign with a $3,000 per nma bonus. I’m not getting any younger and figured I should benefit from this before I die.
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### Author:  [@Aaron\_Webb](https://www.mineralrightsforum.com/u/Aaron_Webb)
#### Post date: [March 14, 2017, 7:38pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/15 "2017-03-14T19:38:50Z")
My wife was just offered $2,000/nma. It seems low based on what I’m reading, but she only has 2.5 NMA to lease. It also looks as there are wells already producing. How could there be producing wells if we are just now being contacted for a lease? Any advice?
Block 33, T1S, T&P RR Co. Survey, A-362 Section 9: NW/4 Howard County, Texas
Thank you,
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### Author:  [@Joe\_Calaway](https://www.mineralrightsforum.com/u/Joe_Calaway)
#### Post date: [March 14, 2017, 8:09pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/16 "2017-03-14T20:09:35Z")
Aaron,
Hey, neighbor! I’ve got acreage in SW/4 Sec 9. We’ve verbally agreed to $5000 per acre (up from their initial offer of $1500, then $2000 per), 1/4, 3/2, and are currently haggling over lease language.
I suspect we’re talking to the same guy.
Also, I don’t show any active wells in NW/4; they were all P&A in 1981.
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### Author:  [@Aaron\_Webb](https://www.mineralrightsforum.com/u/Aaron_Webb)
#### Post date: [March 14, 2017, 8:16pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/17 "2017-03-14T20:16:20Z")
Thank you for the quick reply. I guess I saw the green dot on the Rail Road Commission website and just thought they were producing. I’m not actually living up there, my wife’s grandparents lived in Colorado City, TX. (Grantland)
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:54pm UTC](https://www.mineralrightsforum.com/t/howard-county-current-lease-rates/3847/18 "2018-08-14T22:54:09Z")