# Leasing in Section 16-6N-2W for proposed BP well
**URL:** https://www.mineralrightsforum.com/t/leasing-in-section-16-6n-2w-for-proposed-bp-well/26103
**Category:** McClain County, OK
**Created:** [January 8, 2018, 4:53pm UTC](https://www.mineralrightsforum.com/t/leasing-in-section-16-6n-2w-for-proposed-bp-well/26103 "2018-01-08T16:53:08Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Kevin\_Shea](https://www.mineralrightsforum.com/u/Kevin_Shea)
#### Post date: [January 8, 2018, 4:53pm UTC](https://www.mineralrightsforum.com/t/leasing-in-section-16-6n-2w-for-proposed-bp-well/26103/1 "2018-01-08T16:53:08Z")
We have received several lease offers for our 10 mineral acres in Section 16-6N-2W with terms of $200/acre and 1/5 royalty. BP is planning a well called Murphy 6N 2W 16 1HX. Are these bonus terms low? I live in Colorado with no local contacts. Also new to this group.
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### Author:  [@Frank\_Pfisch](https://www.mineralrightsforum.com/u/Frank_Pfisch)
#### Post date: [January 8, 2018, 5:08pm UTC](https://www.mineralrightsforum.com/t/leasing-in-section-16-6n-2w-for-proposed-bp-well/26103/2 "2018-01-08T17:08:02Z")
Did you receive notice of the OCC Pooling application in CD 201708016? There was testimony of fair market values in the hearing.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:04pm UTC](https://www.mineralrightsforum.com/t/leasing-in-section-16-6n-2w-for-proposed-bp-well/26103/3 "2025-01-11T18:04:26Z")