# Lease offer for 21-7N-3W

**URL:** https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311
**Category:** McClain County, OK
**Created:** [August 2, 2018, 6:07pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311 "2018-08-02T18:07:55Z")
**Posts on this page:** 6
**Page:** 1

<div class="post-metadata">

### Author: ![JRG](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/bb73d2/32.png) [@JRG](https://www.mineralrightsforum.com/u/JRG)
#### Post date: [August 2, 2018, 6:07pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/1 "2018-08-02T18:07:55Z")

</div>

I recently received a letter offering to lease my interest in this land. I’m a novice and was hoping to get some advice from the forum. Option 1: $2,000/acre, 3/16 for 3 years; option 2: $1,750/acre, 1/5 for 3 years; and option 3: $500/acre, 1/4 for 3 years.

I would appreciate your input.

---

<div class="post-metadata">

### 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: [August 2, 2018, 11:39pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/2 "2018-08-02T23:39:13Z")

</div>

EOG pooled sec 5 for $2750 3/16, $2500 1/5, $250 1/4 Feb 2018 Citizen Energy pooled sec 18 for $1500 3/16, $1125 1/5, $0 1/4 Feb 2018

That gives you a nearby range. That being said, I always ask what their highest offer will be. I have dealt with Black Fish quite a few times and my landman there has been exceptional. Might take a bit of negotiation, but he is quite good.

---

<div class="post-metadata">

### Author: ![Sandra\_Griswold](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/ecae2f/32.png) [@Sandra\_Griswold](https://www.mineralrightsforum.com/u/Sandra_Griswold)
#### Post date: [August 3, 2018, 3:20am UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/3 "2018-08-03T03:20:30Z")

</div>

We signed $650 3/16 Section 17. How do you find out pooling rate?

---

<div class="post-metadata">

### 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: [August 3, 2018, 1:25pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/4 "2018-08-03T13:25:33Z")

</div>

You can look them up on the OCC website. It is a bit sluggish. I have a subscription I use which is faster.

Somewhere deep in here are the instructions for the OCC and how to find the cases by sec-township and range.  
[http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html](http://www.occeweb.com/Orawebapps/OCCOraWebAppsone.html)

---

<div class="post-metadata">

### Author: ![JRG](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/bb73d2/32.png) [@JRG](https://www.mineralrightsforum.com/u/JRG)
#### Post date: [August 3, 2018, 4:58pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/5 "2018-08-03T16:58:53Z")

</div>

Thank you very much for the information. I’ll keep you posted.

---

<div class="post-metadata">

### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:04pm UTC](https://www.mineralrightsforum.com/t/lease-offer-for-21-7n-3w/30311/9 "2025-01-11T18:04:13Z")

</div>


