# Lease offer Utica and Marcellus Near Producing Wells
**URL:** https://www.mineralrightsforum.com/t/lease-offer-utica-and-marcellus-near-producing-wells/43903
**Category:** Oil and Gas Leasing Help
**Created:** [April 1, 2019, 6:53pm UTC](https://www.mineralrightsforum.com/t/lease-offer-utica-and-marcellus-near-producing-wells/43903 "2019-04-01T18:53:26Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Tinman](https://www.mineralrightsforum.com/u/Tinman)
#### Post date: [April 1, 2019, 6:53pm UTC](https://www.mineralrightsforum.com/t/lease-offer-utica-and-marcellus-near-producing-wells/43903/1 "2019-04-01T18:53:26Z")
I received an offer to lease 100 acres in Elk County, Pennsylvania for $100/acre delay rental per year for 10 years and 15% royalty, no post production costs. No bonus offered. The tract is directly adjacent to a unit that has produced 7 MMCF since 2012. The lessee wants no depth restriction, so they would have access to both the Utica and Marcellus layers. I do not know the fair value of the tract, but do know that this offer is not acceptable. Any input would be appreciated.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/lease-offer-utica-and-marcellus-near-producing-wells/43903/2 "2025-01-11T19:26:56Z")