# Inherited .08 acres Antero wants to lease
**URL:** https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844
**Category:** Tyler County, WV
**Created:** [August 9, 2024, 6:48pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844 "2024-08-09T18:48:59Z")
**Posts on this page:** 17
**Page:** 1
### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 9, 2024, 6:48pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/1 "2024-08-09T18:48:59Z")
They are offering me a $500 signing bonus and 12% royalties. Should I ask for more and what should I expect? Thank you.
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### Author:  [@shawn\_caine](https://www.mineralrightsforum.com/u/shawn_caine)
#### Post date: [August 9, 2024, 10:55pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/2 "2024-08-09T22:55:07Z")
12% is ridiculous! I would start at 25% and try to get at least 18% minimum.
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### Author:  [@Louisiana52](https://www.mineralrightsforum.com/u/Louisiana52)
#### Post date: [August 10, 2024, 12:04pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/3 "2024-08-10T12:04:11Z")
I would also ask for $1,000 signing bonus. Might as well shoot for the moon and see what they will do. 12% is legally the lowest percentage they can offer you, so they are definitely lowballing you.
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### Author:  [@Khaled\_Helmi](https://www.mineralrightsforum.com/u/Khaled_Helmi)
#### Post date: [August 10, 2024, 9:25pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/4 "2024-08-10T21:25:12Z")
You’re definitely not going to get 25% royalty for a small ownership interest. I’d be aiming at 16-18% with gross royalties. Also, maybe up that signing bonus.
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### Author:  [@Debra\_Deby\_Bretz](https://www.mineralrightsforum.com/u/Debra_Deby_Bretz)
#### Post date: [August 11, 2024, 6:45pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/5 "2024-08-11T18:45:34Z")
I negotiated for a bit more and got it. It was great at first, but TAXES are killing me!!!
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### Author:  [@DDTQuilts](https://www.mineralrightsforum.com/u/DDTQuilts)
#### Post date: [August 11, 2024, 11:00pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/6 "2024-08-11T23:00:37Z")
Actually state law is 12.5% as the legal lowest royalty. You want to ask for 25% and you might get 18% on the negotiation. You should also ask for a gross proceeds royalty clause with no post-production expenses taken out.
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### Author:  [@Khaled\_Helmi](https://www.mineralrightsforum.com/u/Khaled_Helmi)
#### Post date: [August 12, 2024, 2:39am UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/7 "2024-08-12T02:39:08Z")
The other option is you can sell it before you lease it. The advantage there - and check with your tax adviser of course - is that when you sell minerals it’s generally going to be Long-Term Capital Gains tax but signing bonuses and royalties are going to be considered Ordinary Income - taxed at a much higher rate. Some people don’t want to deal with it messing up with their benefits or being taxed at the higher rates.
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 13, 2024, 9:15pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/8 "2024-08-13T21:15:31Z")
Thank you for all your help. Is anyone actually getting royalties from small properties? They said they are running a pipeline through it, how much money could it be?
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 13, 2024, 9:17pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/9 "2024-08-13T21:17:19Z")
Thank you Yes I’m also concerned about the taxes. What would be a reasonable price for the property?
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### Author:  [@shawn\_caine](https://www.mineralrightsforum.com/u/shawn_caine)
#### Post date: [August 17, 2024, 6:59pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/10 "2024-08-17T18:59:14Z")
What company are you referring to about running a pipeline?
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 19, 2024, 7:43pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/11 "2024-08-19T19:43:19Z")
Antero is all I know.
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 19, 2024, 7:58pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/12 "2024-08-19T19:58:09Z")
I’ve decided to sell the property so I’ll see what happens and what they are willing to pay. The standard offer works out to $1650 according to the landman.
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### Author:  [@Nick-TBM](https://www.mineralrightsforum.com/u/Nick-TBM)
#### Post date: [August 21, 2024, 12:35am UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/13 "2024-08-21T00:35:27Z")
Hey Tad! I live near this area and work in the field. I’m rather interested in the offer you received as it is multiple times higher than anything I have seen in the area.
Typically landmen buy their property “per net mineral acre.” At that price, and your portion, that’s over $20,000 per net mineral acre which is off the charts for the area.
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### Author:  [@Khaled\_Helmi](https://www.mineralrightsforum.com/u/Khaled_Helmi)
#### Post date: [August 21, 2024, 1:59am UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/14 "2024-08-21T01:59:40Z")
You may want to read the purchase deed in a lot more detail. As @Nick-TBM mentioned, that price is a bit too high for any normal deal.
What you want to make sure is that the deed does not reference any other acreage. You don’t want any catch-alls in your deed referencing other lands; otherwise, they can really screw you if you don’t intend to sell them other properties.
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 25, 2024, 5:53pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/15 "2024-08-25T17:53:36Z")
Thank you I haven’t received the contract from Antero yet. I’ll have to get it looked at.
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### Author:  [@Tad](https://www.mineralrightsforum.com/u/Tad)
#### Post date: [August 25, 2024, 6:19pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/16 "2024-08-25T18:19:30Z")
I could be wrong, it’s either $1650 or $1100.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 7, 2024, 6:49pm UTC](https://www.mineralrightsforum.com/t/inherited-08-acres-antero-wants-to-lease/76844/17 "2024-11-07T18:49:54Z")
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