# Lease Offer Feb 2019
**URL:** https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257
**Category:** Dawson County, TX
**Created:** [February 27, 2019, 5:29pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257 "2019-02-27T17:29:28Z")
**Posts on this page:** 15
**Page:** 1
### Author:  [@peggy2](https://www.mineralrightsforum.com/u/peggy2)
#### Post date: [February 27, 2019, 5:29pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/1 "2019-02-27T17:29:28Z")
We’ve received a lease offer this week from CGS Operating, LLC. Our mineral interest is the north half of Block 36, Section 25, Township 5 North. We were offered a leasing bonus of $450/A and a 20% royalty interest. We think this should be raised to 25% since they are requesting an option.
We were wondering if others were receiving lease offers and if this was a good offer.
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### Author:  [@Karen1952](https://www.mineralrightsforum.com/u/Karen1952)
#### Post date: [April 2, 2019, 8:16pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/2 "2019-04-02T20:16:54Z")
We recently received a similar offer from CGS not too far from here. Has anyone else been contacted by them? $450/acre for 20% royalty seems fair according to my son who works in the industry.
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### Author:  [@peggy2](https://www.mineralrightsforum.com/u/peggy2)
#### Post date: [April 2, 2019, 9:02pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/3 "2019-04-02T21:02:37Z")
We refused all offers because he did not offer 25% royalty. If you study documents on [courthousedirect.com](http://courthousedirect.com), you will see that 25% royalty offers are common on those OGLs most recently posted. We told him we would not accept anything less than that for which we last leased, which was $500/A, 2-year option and 25%. He eventually offered either $550/A, 2-year option and 22.5% or $500/A, 2-year option and 23%. We did not accept these offers.
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### Author:  [@Karen1952](https://www.mineralrightsforum.com/u/Karen1952)
#### Post date: [April 8, 2019, 3:15pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/4 "2019-04-08T15:15:23Z")
Peggy,
What’s the email address of the person at CGS you were talking with? We have been cleaning out all of our letters and seem to have misplaced that one! I must have put it in the trash pile ☹ Thanks for your previous response, by the way!
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### Author:  [@peggy2](https://www.mineralrightsforum.com/u/peggy2)
#### Post date: [April 8, 2019, 6:49pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/6 "2019-04-08T18:49:05Z")
I posted a telephone number and then deleted it. Should never have posted a telephone number on the internet. Perhaps you should send me a way to contact you directly.
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### Author:  [@olie364](https://www.mineralrightsforum.com/u/olie364)
#### Post date: [April 11, 2019, 2:59pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/7 "2019-04-11T14:59:24Z")
Karen,
Where is your land located? Received similar offer and want to see if it is fair or not.
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### Author:  [@Karen1952](https://www.mineralrightsforum.com/u/Karen1952)
#### Post date: [April 15, 2019, 3:06pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/8 "2019-04-15T15:06:05Z")
League 285. How about you?
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### Author:  [@Randy\_Nolen](https://www.mineralrightsforum.com/u/Randy_Nolen)
#### Post date: [June 29, 2019, 6:43pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/9 "2019-06-29T18:43:18Z")
Yes, received a voice mail from CGS Operating about my Mineral Rights in Dawson County, Texas. Haven’t spoken to anyone yet. Researching to see if this is a legitimate company. My family leased these Mineral Rights many years ago, lease long expired. Don’t know what current OGL’s terms established at? What’s best way to research this company?
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [June 29, 2019, 7:08pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/11 "2019-06-29T19:08:06Z")
If you go to [TexasFile.com](http://TexasFile.com) you can search Dawson County and see 4 pages of leases filed this year by CGS Operating. You might contact one or more of the lessors and ask how it was to lease to CGS Operating.
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### Author:  [@Randy\_Nolen](https://www.mineralrightsforum.com/u/Randy_Nolen)
#### Post date: [June 29, 2019, 7:15pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/12 "2019-06-29T19:15:21Z")
I will do that. Thank you.
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### Author:  [@Elizabeth\_Martin](https://www.mineralrightsforum.com/u/Elizabeth_Martin)
#### Post date: [July 5, 2019, 9:07pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/13 "2019-07-05T21:07:29Z")
I am working with a client on a lease offer from CSG Operating. Her acreage is in League 278. I have not researched the company yet, but they seem active in Dawson County right now. Did you find out anything?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [December 17, 2019, 8:15pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/18 "2019-12-17T20:15:41Z")
I suggest that you need to speak with an attorney about that clause in the lease as well as the rest of the lease.
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### Author:  [@JoAnn\_DeNitto](https://www.mineralrightsforum.com/u/JoAnn_DeNitto)
#### Post date: [April 28, 2020, 4:30am UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/19 "2020-04-28T04:30:56Z")
We also have received offers from CSG Operating in Decatur and I’m working 4 leases in Gaines County… I have thrown their lease away and am going to send them our own lease form. FYI… their lease is not what you should sign. Be aware that you never sign an oil, gas and mineral lease, just an oil & gas lease… reserve the other minerals like lithium for later…
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### Author:  [@Luke\_Alexander](https://www.mineralrightsforum.com/u/Luke_Alexander)
#### Post date: [April 29, 2020, 2:45pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/20 "2020-04-29T14:45:54Z")
You never know who you are going to run into on here.
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [April 29, 2020, 2:54pm UTC](https://www.mineralrightsforum.com/t/lease-offer-feb-2019/42257/21 "2020-04-29T14:54:38Z")