# Lease Terms

**URL:** https://www.mineralrightsforum.com/t/lease-terms/25177
**Category:** Howard County, TX
**Created:** [May 4, 2018, 2:42pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177 "2018-05-04T14:42:47Z")
**Posts on this page:** 5
**Page:** 1

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### Author: ![Miles\_O\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/43a26b/32.png) [@Miles\_O\_Smith](https://www.mineralrightsforum.com/u/Miles_O_Smith)
#### Post date: [May 4, 2018, 2:42pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177/1 "2018-05-04T14:42:47Z")

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My family members own undivided mineral interests in Section 23, Block 30, Township 1 North. Does anyone have a feel for what the market rate for royalty and bonus is in northeast Howard County?

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### Author: ![Russell\_Jones1](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/977dab/32.png) [@Russell\_Jones1](https://www.mineralrightsforum.com/u/Russell_Jones1)
#### Post date: [May 4, 2018, 3:20pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177/2 "2018-05-04T15:20:27Z")

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We received 5000 NMA in Section 45 Block 32 TIN.

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### Author: ![Russell\_Jones1](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/977dab/32.png) [@Russell\_Jones1](https://www.mineralrightsforum.com/u/Russell_Jones1)
#### Post date: [May 4, 2018, 3:21pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177/3 "2018-05-04T15:21:56Z")

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

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### Author: ![Miles\_O\_Smith](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/43a26b/32.png) [@Miles\_O\_Smith](https://www.mineralrightsforum.com/u/Miles_O_Smith)
#### Post date: [May 4, 2018, 7:54pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177/4 "2018-05-04T19:54:21Z")

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

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:31pm UTC](https://www.mineralrightsforum.com/t/lease-terms/25177/5 "2025-01-11T17:31:54Z")

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