# Lease renewal and bonus repayment
**URL:** https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607
**Category:** Grady County, OK
**Created:** [May 29, 2020, 4:07pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607 "2020-05-29T16:07:19Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@tylerb](https://www.mineralrightsforum.com/u/tylerb)
#### Post date: [May 29, 2020, 4:07pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607/1 "2020-05-29T16:07:20Z")
I signed a lease with TPR that’s dated March 31, 2017, for a 3-year term with the condition that TPR, or its successor, could extend the lease another 3 years and repay me the bonus. I realized this week that the 3-year anniversary of me signing the lease has passed. The well is up and has been producing for a year now, and I received a check just a few weeks ago, but I have not received a bonus repayment to date. Does the period of the lease start on the date specified on the lease or is it some other date like the date the well is completed? Should I reach out to Paloma who now has the lease? The check was supposed to come on or before the end of the lease via certified USPS so I know it didn’t vanish or end up at the wrong place. I want to make sure I understand the terms of the lease and renewal before I make an ass of myself.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [May 29, 2020, 4:23pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607/2 "2020-05-29T16:23:51Z")
Hard to say without seeing your lease, but generally if they drilled or started drilling operations, then the lease is extended without further payment. If they did not and did not exercise the extension, then the lease expired. Keep in mind that this is general discussion and not legal advice.
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### Author:  [@RachelTalasaz](https://www.mineralrightsforum.com/u/RachelTalasaz)
#### Post date: [May 29, 2020, 4:25pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607/3 "2020-05-29T16:25:50Z")
The extension for an additional 3 years would only come into play if they had not drilled a well during the initial 3-year term. The lease is considered “held by production” because they drilled a well and the 3 years have expired. You more than likely will not get an additional bonus, but will be paid on the production of the well.
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### Author:  [@tylerb](https://www.mineralrightsforum.com/u/tylerb)
#### Post date: [May 29, 2020, 4:34pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607/4 "2020-05-29T16:34:05Z")
Ahhhh I see. I had a feeling I was misinterpreting the lease terms. Thank you both for the information.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 27, 2020, 4:12pm UTC](https://www.mineralrightsforum.com/t/lease-renewal-and-bonus-repayment/57607/5 "2020-08-27T16:12:37Z")
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