# JC Nelson Section 9, 16 and 21-8N-7W - Lease Terms
**URL:** https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350
**Category:** Grady County, OK
**Created:** [November 20, 2019, 3:26pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350 "2019-11-20T15:26:38Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@billreed](https://www.mineralrightsforum.com/u/billreed)
#### Post date: [November 20, 2019, 3:26pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/1 "2019-11-20T15:26:38Z")
We received a letter from Jackfork Land that proposes drilling the JC Nelson 1R-9-16-21XHM well at Sections 9-Township 8N-Range 7W, 16-Township 8N-Range 7W, and 21-Township 8N-Range 7W.
What are the normal lease terms?
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [November 20, 2019, 3:45pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/2 "2019-11-20T15:45:26Z")
Courtney:
There really is no such thing as normal lease terms. All the parts of any oil and gas lease can be negotiated. Continental is pooling those sections for a multi-unit horizontal well but I don’t see your name as a respondent. Is your information properly documented against your section of ownership in the County clerk’s office?
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### Author:  [@billreed](https://www.mineralrightsforum.com/u/billreed)
#### Post date: [November 20, 2019, 4:02pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/4 "2019-11-20T16:02:13Z")
The current offers are $2,000/acre with 1/8th royalty, $1,750/acre with 3/16th royalty, $1,500/acre with 1/5th royalty.
Are these low lease terms?
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [November 20, 2019, 4:43pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/5 "2019-11-20T16:43:05Z")
Depending on the amount of acreage you own, you can probably get better than that if you wait for the pooling order to be issued. Provided you are being force pooled instead of being shown for curative purposes.
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### Author:  [@billreed](https://www.mineralrightsforum.com/u/billreed)
#### Post date: [November 20, 2019, 5:16pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/6 "2019-11-20T17:16:10Z")
We are researching for a friend who received this letter. His acreage is unknown at this time. A Second Amended Application for Pooling was attached to the letter he received from Continental through Jackfork. Can you provide some insight?
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:11pm UTC](https://www.mineralrightsforum.com/t/jc-nelson-section-9-16-and-21-8n-7w-lease-terms/53350/7 "2025-01-11T18:11:04Z")