# Lease Bonus for Martin County?
**URL:** https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528
**Category:** Martin County, TX
**Created:** [March 24, 2019, 5:06pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528 "2019-03-24T17:06:12Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@Camille\_Potts](https://www.mineralrightsforum.com/u/Camille_Potts)
#### Post date: [March 24, 2019, 5:06pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/1 "2019-03-24T17:06:12Z")
I have a lease expiring next month, and a Landman from Parsley Energy contacted me last week about renewing it under the same terms, $1,100/25%. Section 13, Block 36, Township One South (T-1-S), Martin County, Texas, .98 NMA.
Any current info would be appreciated!
Camille
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### Author:  [@CH1](https://www.mineralrightsforum.com/u/CH1)
#### Post date: [March 25, 2019, 6:40pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/2 "2019-03-25T18:40:11Z")
Camille,
25% royalty is standard so you are good there. Regarding the bonus, $1,100 per NMA is extremely low for that area. However, given that you only own .98 NMA you do not have much bargaining power. I would try and get $2,500 per NMA and see what they say. In the end your royalty is what really matters and you have the highest that they will give out.
Hope this helps.
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### Author:  [@Camille\_Potts](https://www.mineralrightsforum.com/u/Camille_Potts)
#### Post date: [March 25, 2019, 7:58pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/3 "2019-03-25T19:58:39Z")
Thank you for the feedback! I did not get a response before yours, so I re-read the dialogue from 2016, which indicated I was way under market. I quoted the old numbers from 2016 ($8,000–10,000/NMA), and received a counter of $8,000/NMA, which I accepted. The landman for Parsley said they are planning to drill 4Q 2019.
Again, thanks for the feedback. I like to share for all of the individual mineral owners. Comparables really help us in negotiations.
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### Author:  [@debfaj](https://www.mineralrightsforum.com/u/debfaj)
#### Post date: [June 12, 2019, 2:36am UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/4 "2019-06-12T02:36:38Z")
I’m unclear about your sale - did you lease your land or sell your minerals? Are you close to Ackerly, Texas?
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### Author:  [@Camille\_Potts](https://www.mineralrightsforum.com/u/Camille_Potts)
#### Post date: [June 12, 2019, 6:14am UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/5 "2019-06-12T06:14:08Z")
Leased it. Near Stanton, Texas.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:22pm UTC](https://www.mineralrightsforum.com/t/lease-bonus-for-martin-county/43528/6 "2025-01-11T17:22:53Z")