# Lease mineral rights
**URL:** https://www.mineralrightsforum.com/t/lease-mineral-rights/32979
**Category:** Oil and Gas Leasing Help
**Created:** [September 4, 2018, 5:45pm UTC](https://www.mineralrightsforum.com/t/lease-mineral-rights/32979 "2018-09-04T17:45:27Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@JJB](https://www.mineralrightsforum.com/u/JJB)
#### Post date: [September 4, 2018, 5:45pm UTC](https://www.mineralrightsforum.com/t/lease-mineral-rights/32979/1 "2018-09-04T17:45:27Z")
I own mineral rights on 320 acres in Laramie County, Wyoming - Township 19 North sections 8, 9, and 17. I’ve been offered a 5 year paid up oil and gas lease at $30 per acre with right to renew and 12.5% royalty rate. Can anyone tell me if this is a competitive rate?
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [October 5, 2018, 3:45am UTC](https://www.mineralrightsforum.com/t/lease-mineral-rights/32979/2 "2018-10-05T03:45:30Z")
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