# Is my lease proposal reasonable?
**URL:** https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054
**Category:** Borden County, TX
**Created:** [February 1, 2012, 8:22pm UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054 "2012-02-01T20:22:57Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@Bob\_Mannix](https://www.mineralrightsforum.com/u/Bob_Mannix)
#### Post date: [February 1, 2012, 8:22pm UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054/1 "2012-02-01T20:22:57Z")
I am seeking advice from other Borden County mineral owners. I have received an offer to lease several sections within Block 97 and am inquiring as to whether the offer is a reasonable one.
3yr initial period at $200/ac + a 2yr extension also at $200/ac. plus a 1/5 royalty. CR-II West Texas Holding Co. Inc
I realize others in this area may have already made arrangement to accept or negotiate a similar offer and am hopeful they might share their experience with me.
Thank you, Bob M
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### Author:  [@Richard\_Pruitt](https://www.mineralrightsforum.com/u/Richard_Pruitt)
#### Post date: [February 1, 2012, 8:53pm UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054/2 "2012-02-01T20:53:00Z")
Bob first of all welcome to the forum and to the Borden County group. First of all I think it would be good for you to read the 6 pages of comment wall in this section. There seems to be a few people in the group with leases in Block 97. I would think you could at least try for a higher bonus per acre, the highest I have seen on this section has been $400. The 1/5 has been about the going rate for royalty. One thing you have going for you is there is a lot of leasing going on in your area and just south of you. Good luck with negotiating your lease.
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### Author:  [@Bob\_Mannix](https://www.mineralrightsforum.com/u/Bob_Mannix)
#### Post date: [February 2, 2012, 6:35pm UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054/3 "2012-02-02T18:35:09Z")
Richard, thank you for your prompt reply and in welcoming me to the group. I have read the comment wall and realize I am very steep in the learning curve. The discussion on how to access well and pipeline data was helpful, only now I need to figure out where I am on the map. I presume the numbers in the corners refer to “sections”?
It has been suggested that sacrificing the bonus for a more advantageous royalty percentage may be a tactical winner provided anything is ever produced. Has anyone had success pursuing this in negotiation? Bob M
> Bob first of all welcome to the forum and to the Borden County group. First of all I think it would be good for you to read the 6 pages of comment wall in this section. There seems to be a few people in the group with leases in Block 97. I would think you could at least try for a higher bonus per acre, the highest I have seen on this section has been $400. The 1/5 has been about the going rate for royalty. One thing you have going for you is there is a lot of leasing going on in your area and just south of you. Good luck with negotiating your lease.
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### Author:  [@Richard\_Pruitt](https://www.mineralrightsforum.com/u/Richard_Pruitt)
#### Post date: [February 2, 2012, 8:19pm UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054/4 "2012-02-02T20:19:02Z")
Bob, I have found that you need to play around and experiment with the TRC GIS map finder. I learn something new every day. Do not be afraid to ask whoever is trying to lease from you for more royalty. The highest I have seen is a 1/4 or 25%. They will usually offer a certain bonus with each royalty %. If you have quite a few acres to lease it may be smart to have an oil and gas attorney negotiate your lease for you.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 3:58am UTC](https://www.mineralrightsforum.com/t/is-my-lease-proposal-reasonable/22054/5 "2018-08-15T03:58:08Z")