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