# Huerfano County, CO - Oil & Gas Discussion archives

**URL:** https://www.mineralrightsforum.com/t/huerfano-county-co-oil-gas-discussion-archives/1253
**Category:** Huerfano County, CO
**Created:** [January 13, 2012, 4:20pm UTC](https://www.mineralrightsforum.com/t/huerfano-county-co-oil-gas-discussion-archives/1253 "2012-01-13T16:20:44Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![Jeanne\_Mowdy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/258eb7/32.png) [@Jeanne\_Mowdy](https://www.mineralrightsforum.com/u/Jeanne_Mowdy)
#### Post date: [January 13, 2012, 4:20pm UTC](https://www.mineralrightsforum.com/t/huerfano-county-co-oil-gas-discussion-archives/1253/1 "2012-01-13T16:20:44Z")

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Huerfano County, Colorado oil & gas discussion group. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

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### Author: ![Jeanne\_Mowdy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/258eb7/32.png) [@Jeanne\_Mowdy](https://www.mineralrightsforum.com/u/Jeanne_Mowdy)
#### Post date: [May 1, 2012, 4:57pm UTC](https://www.mineralrightsforum.com/t/huerfano-county-co-oil-gas-discussion-archives/1253/2 "2012-05-01T16:57:20Z")

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I told the landman I wasn’t interested in signing a 5 year lease with a 5 year option. So far I haven’t heard back from him. I would be interested in leasing for a shorter term. Are 5 year leases standard for Colorado?

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### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson)
#### Post date: [May 1, 2012, 11:58pm UTC](https://www.mineralrightsforum.com/t/huerfano-county-co-oil-gas-discussion-archives/1253/3 "2012-05-01T23:58:40Z")

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Dear Jeanne,

If your land is close to Shell’s target area, you have considerable flexibility in granting a lease. You must make sure it will be good for both parties, i.e., collect a reasonable bonus for taking your minerals off the market.

Five-year leases in frontier areas are reasonable and common. It is harder to anticipate what the extension price should be for five more years. I advise my clients to get better lease terms regarding royalty protection for longer-term leases. Of course, if you have more acreage, you have more negotiating strength.