# Is this a good offer?

**URL:** https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822
**Category:** Gaines County, TX
**Created:** [January 10, 2019, 6:23pm UTC](https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822 "2019-01-10T18:23:03Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Mark1](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@Mark1](https://www.mineralrightsforum.com/u/Mark1)
#### Post date: [January 10, 2019, 6:23pm UTC](https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822/1 "2019-01-10T18:23:03Z")

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I’ve been offered $400 bonus and 3/16 for a 3 year lease on a .0135220 interest in 152.825 acres in Section 15 NE Quarter.

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### Author: ![Texas\_Owner](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/eb8c5e/32.png) [@Texas\_Owner](https://www.mineralrightsforum.com/u/Texas_Owner)
#### Post date: [January 10, 2019, 11:33pm UTC](https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822/2 "2019-01-10T23:33:19Z")

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I can’t speak to the bonus amount for Gaines County, but just about everything in West Texas should be a 1/4 lease. Some folks will send a letter offering to lease your minerals for say $1,000 an acre for 1/8th lease, $750 for 3/16ths, $500 for 1/4 but that’s mostly a first round negotiating tactic. Just talk to them a little bit and make sure you get a 1/4 lease.

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### Author: ![blegal](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/7feea3/32.png) [@blegal](https://www.mineralrightsforum.com/u/blegal)
#### Post date: [October 6, 2019, 8:20pm UTC](https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822/3 "2019-10-06T20:20:47Z")

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No, absolutely not. You should get at least 25%. Three years is okay but with no option and $750 would be a better bonus.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:38pm UTC](https://www.mineralrightsforum.com/t/is-this-a-good-offer/39822/4 "2025-01-11T17:38:10Z")

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