# Lea County ORRI **URL:** https://www.mineralrightsforum.com/t/lea-county-orri/35206 **Category:** Lea County, NM **Created:** [October 15, 2018, 9:43pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206 "2018-10-15T21:43:51Z") **Posts on this page:** 7 **Page:** 1
### Author: ![Gary54](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/ecc23a/32.png) [@Gary54](https://www.mineralrightsforum.com/u/Gary54) #### Post date: [October 15, 2018, 9:43pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/1 "2018-10-15T21:43:51Z")
I own an overriding royalty interest in Township 25 South, Range 32 East, N M P M Section 15: All and Section 22: W/2 of E/2, and the W/2 containing 1120 acres, more or less in Lea County, New Mexico. How do I find on a map? And is it worth anything? ---
### Author: ![NMoilboy](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/nmoilboy/32/20759_2.png) [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy) #### Post date: [October 16, 2018, 1:19pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/3 "2018-10-16T13:19:57Z")
Gary, If there is no concern over the lease expiring (and your ORRI going up in smoke), then buyers will treat ORRI just like minerals/royalties. Which means they will discuss in terms of net royalty acres. A net royalty acre being how much interest you would get from a single acre that has 1/8 royalty. For an ORRI, you can figure out net royalty acres by taking total acres x ORRI (as decimal) x 8. So if your 1120 acres has a 1% ORRI, you have 89.6 nra. For example. In the middle of 25S 32E somebody should be paying you \> $12k/nra. I would guess. So, yeah, to confirm what Michael said, it’s worth something. Good luck. ---
### Author: ![Gary54](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/ecc23a/32.png) [@Gary54](https://www.mineralrightsforum.com/u/Gary54) #### Post date: [October 16, 2018, 2:21pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/4 "2018-10-16T14:21:05Z")
Thanks so much this helps a lot! We are starting to get some people asking if we want to sell, so it must be getting hot over there. ---
### Author: ![Gary54](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/ecc23a/32.png) [@Gary54](https://www.mineralrightsforum.com/u/Gary54) #### Post date: [October 16, 2018, 2:22pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/5 "2018-10-16T14:22:33Z")
Thanks for the map - helps me get familiar with the area involved. ---
### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes) #### Post date: [October 17, 2018, 6:36pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/8 "2018-10-17T18:36:06Z")
Michael, Solicitation is not allowed on the forum. Thank you for sharing the map, but remember the rules. ---
### Author: ![Cam](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/cam/32/1779_2.png) [@Cam](https://www.mineralrightsforum.com/u/Cam) #### Post date: [October 18, 2018, 6:05pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/9 "2018-10-18T18:05:27Z")
Gary, Your ORRI is in a good area of Lea County, lots of activity nearby. You should be able to command a pretty penny if you are looking to entertain a sale. I have seen some pretty sky-high numbers on ORRI sales in the past month; however, there are a lot of variables you have to consider like permits, current production, operator, etc. In general, your ORRI is in a great area. Best, Cam ---
### 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, 6:35pm UTC](https://www.mineralrightsforum.com/t/lea-county-orri/35206/10 "2025-01-11T18:35:33Z")