What is the going bonus rate for the Thomas Collingham Sur., A-160 in Leon Co. Texas. My husband has approximately 32 NMA. Thank you,
I don’t have any info about current bonus rates, but that survey is in a good location. Mitsui is currently drilling a well located 3 to 4 miles northwest of the Collingham Survey.
Surprise Valley Resources (leasing for Comstock) and Thorp Petroleum (leases were probably sold to Mitsui) have leased about 1,400 acres in the Collingham Survey, but the most recent lease effective date was in January 2024. Have you received a lease offer?
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Best rate I got was $1,000/NMA with 25% cost free royalty in Leon County --this was about 6 months ago.
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Yes, lease offers for my husband’s minerals. Lease offers in the Collingham Survey from Mitsui and from Comstock through SVR landman for the J. Archer Sur., A-32, just below the T. Collingham Sur. When you say the most recent lease effective date was Jan. 2024, what does that mean? Thank you to NMA_Owner for the Bonus rate and royalty rate. Thank you,
@NMA_Owner Hi. Who was this $1000/NMA through? My mom has an offer for $550/NMA for 5 years with a 3 year extension at $600/NMA
New to forum. Can anyone enlighten me on what is being paid for damages for putting in a road and drill pad? Approx 10-15 ac. is best guess right now. TIA
Expect damages to be paid by the rod for the road, and loss of the land for 40-50 years, so consider it gone for you. So- market value at a point you are comfortable with. My recommendation is hiring an attorney or a Landman for anything long term. For example- my surface agreement was 30 pages and my pipeline agreement was 7 pages, road agreement seven pages. I love discussions with Landmen who come to discuss my minerals, or land. But make sure any promises are put into writing.
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thanks very much, very helpful. Does anyone know of a competent attorney who handles surface right, to include, road, pad and pipeline? TIA
You can observe qualified professionals (often with localized expertise) who provide services to mineral owners right here on The Mineral Rights Forum. You will notice them in 3 different places on the site:
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in display image ads and text links on site
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in our Mineral Service Provider Directory in the main navigation bar above. These are arranged by professional discipline.
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as a Business Member within many conversations throughout the site Look for the blue colored “B” on their picture and blue colored text).
These practitioners are often able to provide specific (and often localized) services that meet your needs.
The Mineral Rights Forum Administration
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