# Lease Offer in Yoakum Coungy
**URL:** https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326
**Category:** Yoakum County, TX
**Created:** [October 17, 2022, 5:47pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326 "2022-10-17T17:47:55Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Joy\_Roberts](https://www.mineralrightsforum.com/u/Joy_Roberts)
#### Post date: [October 17, 2022, 5:47pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326/1 "2022-10-17T17:47:56Z")
I am being offered a lease in Yoakum County, Section 560, Block D, J. H. Gibson Survey, A-1467. I am being offered $150/NMA (I have only 10) and 1/5 royalty. I signed a lease with the same people in 2015 for $500/NMA and 1/4 royalty and they never drilled. I also have surrounding acreage in other sections but I guess they want only this. I know there is no current activity nearby but does this seem right in this environment to have a lower offer than 2015?! Thanks, Joy
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### Author:  [@L\_J\_L](https://www.mineralrightsforum.com/u/L_J_L)
#### Post date: [October 17, 2022, 7:40pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326/2 "2022-10-17T19:40:48Z")
I had a similar lease back in 2015 in a section in the NW corner of the county. Similar surrounding context. Historically, we have gone 20-30 years between leases in the past… just at the point when I had pretty much forgotten about it this great lease popped in 2015. Glad to hear that there is some interest in the lesser explored sections of Yoakum! I haven’t seen any interest in my 120 NMA since about 2018; the landman-agent I used to sell a few in the past can’t even be bothered to return calls/emails so I concluded that market was pretty dead and that my section wasn’t worth his trouble at this point (yes, rather surprisingly rude and hopefully, short-sighted!). You could try negotiating up as well as dig around and see if you can find a competing offer… or take it. You did not mention the term or if there are options attached to the offer… important considerations as well.
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### Author:  [@Joy\_Roberts](https://www.mineralrightsforum.com/u/Joy_Roberts)
#### Post date: [October 17, 2022, 7:58pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326/3 "2022-10-17T19:58:48Z")
Thanks for the information. I haven’t followed up yet regarding the lease terms—thought I would start here first. My last lease with them was a 3-year lease with no option to extend. You are on point—my next step is to see if there might be other offers or negotiation. Thanks!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [January 15, 2023, 5:48pm UTC](https://www.mineralrightsforum.com/t/lease-offer-in-yoakum-coungy/68326/4 "2023-01-15T17:48:21Z")
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