# Leasing in 21S-38E

**URL:** https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006
**Category:** Lea County, NM
**Created:** [September 15, 2017, 2:44am UTC](https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006 "2017-09-15T02:44:55Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![William\_E\_Walker\_II](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/william_e_walker_ii/32/4098_2.png) [@William\_E\_Walker\_II](https://www.mineralrightsforum.com/u/William_E_Walker_II)
#### Post date: [September 15, 2017, 2:44am UTC](https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006/1 "2017-09-15T02:44:55Z")

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Having just negotiated a lease in Township 24S, Range 34E, we were on the receiving end of the higher bonuses being paid. Currently, further east in Section 30, Township 21S, Range 38E, we have minerals currently being solicited for leasing. Section 30 is relatively close to production in Township 21S, Range 37E. Has anyone heard of what the bonuses are going for out here?

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### Author: ![J\_Terry](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/j_terry/32/1793_2.png) [@J\_Terry](https://www.mineralrightsforum.com/u/J_Terry)
#### Post date: [September 15, 2017, 11:33pm UTC](https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006/2 "2017-09-15T23:33:51Z")

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We leased SE/4 Section 18 for $200/NMA at 3/16 to Chisos O&G back in January 2014. They never drilled in that area. We own the minerals in the S/2 of Section 18 with Apache leasing the SW/4. Apache drilled a well in that lease as part of their NEDU.

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### Author: ![William\_E\_Walker\_II](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/william_e_walker_ii/32/4098_2.png) [@William\_E\_Walker\_II](https://www.mineralrightsforum.com/u/William_E_Walker_II)
#### Post date: [September 15, 2017, 11:59pm UTC](https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006/3 "2017-09-15T23:59:11Z")

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Thank you for sharing.

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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, 6:35pm UTC](https://www.mineralrightsforum.com/t/leasing-in-21s-38e/2006/4 "2025-01-11T18:35:39Z")

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