# Lease offer 14-12N-20W

**URL:** https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336
**Category:** Custer County, OK
**Created:** [September 9, 2024, 6:31pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336 "2024-09-09T18:31:25Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![mloe68](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/a87d85/32.png) [@mloe68](https://www.mineralrightsforum.com/u/mloe68)
#### Post date: [September 9, 2024, 6:31pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/1 "2024-09-09T18:31:25Z")

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Just received an offer for $1800 per acre. 3/16th royalty. Anyone else getting offers in this area?

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 9, 2024, 6:49pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/2 "2024-09-09T18:49:26Z")

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There are lease offers in that township for 1/4th. Most of us would rather have the higher royalty. The higher royalties have a lower bonus, but that is usually more than compensated for in the higher royalties over time.

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### Author: ![Ksk356](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/e8c25b/32.png) [@Ksk356](https://www.mineralrightsforum.com/u/Ksk356)
#### Post date: [October 19, 2024, 5:09pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/3 "2024-10-19T17:09:07Z")

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You said you were offered 1800/acre and in Section 14, Custer County, Oklahoma. I am new to all of this as I inherited the property. I have mineral rights in Sections 17 and 19 both 14N17W and was offered 900/acre. 3/16 royalty. Does this sound low? What company offered you the higher price?

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [October 21, 2024, 1:55pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/4 "2024-10-21T13:55:21Z")

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I always ask for what they are offering for 1/5th (20%) and 1/4th (25%). The bonus will be smaller. but the royalties will usually far outweigh the bonus over time.

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### Author: ![Ksk356](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/e8c25b/32.png) [@Ksk356](https://www.mineralrightsforum.com/u/Ksk356)
#### Post date: [October 27, 2024, 9:02pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/5 "2024-10-27T21:02:53Z")

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What company was that? I have an offer for only 900 acres close to you.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 8, 2024, 6:31pm UTC](https://www.mineralrightsforum.com/t/lease-offer-14-12n-20w/77336/6 "2024-12-08T18:31:34Z")

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