Lease Terms

My family members own undivided mineral interests in Section 23, Block 30, T1 North. Does anyone have a feel for what the market rate for royalty and bonus is in northeast Howard County?

We received 5000 nma in sec 45 blk 32tin

I think it would also depend on how many acres are involved as well

Among the three of us, we own 192 undivided acres out of the 640 acre tract.