A 5-year lease is soon expiring. What is the going rate for renewal bonus rates in southern Monroe County/Washington County area? Want to make sure what we are being offered is competitive. Certainly lower than 5 years ago.
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What Township, Range, Section are you in? Depends on how far east/west you are.
My lease for 5 years is expiring in a couple of weeks. I’m in Green Township. What is the going rate to lease for another 5 years?
A little vague on the actual location, but I found some relatively recent comps in southern Monroe that show up to $5,800 for 12.5% royalty. The coverage seems sporadic, so you may want to check with your legal for better results.
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What is the going rate for CNX to pay after production started?