# Lease Offer on Atoka County

**URL:** https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357
**Category:** Atoka County, OK
**Created:** [October 22, 2020, 8:01pm UTC](https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357 "2020-10-22T20:01:57Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Jeff\_Scruggs](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/2acd7d/32.png) [@Jeff\_Scruggs](https://www.mineralrightsforum.com/u/Jeff_Scruggs)
#### Post date: [October 22, 2020, 8:01pm UTC](https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357/1 "2020-10-22T20:01:57Z")

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I have a lease offer from Meadows Oil & Gas for Section 34, Township 2N, Range 12E and Section 27, Township 2N, Range 12E for 1/8 and $150/acre. Is there any other activity out there that I wouldn’t accept this? I would like to counter with a 3/8 royalty.

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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 22, 2020, 9:46pm UTC](https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357/2 "2020-10-22T21:46:06Z")

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Meadows Oil and Gas was leasing in early 2020 for 3/16ths which is the next step up from 1/8th (2/16ths). 3/8ths is not common.

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### Author: ![tim\_dowd](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/tim_dowd/32/23580_2.png) [@tim\_dowd](https://www.mineralrightsforum.com/u/tim_dowd)
#### Post date: [October 22, 2020, 11:08pm UTC](https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357/3 "2020-10-22T23:08:05Z")

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There may or may not be wiggle/negotiating room. But, proposing a 3/8 royalty is a waste of time. Absolutely no chance of them giving a lease for 37.5% royalty in Atoka County.

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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: [January 20, 2021, 8:01pm UTC](https://www.mineralrightsforum.com/t/lease-offer-on-atoka-county/59357/4 "2021-01-20T20:01:58Z")

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