# Looking for current lease values
**URL:** https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580
**Category:** Williams County, ND
**Created:** [November 8, 2018, 4:02pm UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580 "2018-11-08T16:02:54Z")
**Posts on this page:** 5
**Page:** 2
### Author:  [@Elizabeth\_Sullivan\_Hogg](https://www.mineralrightsforum.com/u/Elizabeth_Sullivan_Hogg)
#### Post date: [March 26, 2019, 8:11pm UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580/22 "2019-03-26T20:11:33Z")
They refuse to go higher than 18%. Can you explain about the lease? I thought we got another bonus after 2 years.
---
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [March 26, 2019, 10:46pm UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580/23 "2019-03-26T22:46:19Z")
You can get another bonus in two years IFFFFF, they feel like it. If you lease at $375 now and allow that option, you will be locked into $375 three years from now. What if prices at $1000/ac then? You would not get the higher bonus. Not saying they will be, just why I don’t ever do an option. Too much can change in three years and I want the market price then, not an old price. It could go up, it could go down, but I want my freedom to choose at that time.
---
### Author:  [@Elizabeth\_Sullivan\_Hogg](https://www.mineralrightsforum.com/u/Elizabeth_Sullivan_Hogg)
#### Post date: [March 27, 2019, 11:47am UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580/24 "2019-03-27T11:47:44Z")
So you would take a three-year lease.
---
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [March 27, 2019, 7:24pm UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580/25 "2019-03-27T19:24:17Z")
I would take a three year (and sometimes less). If this is your first time leasing, you might want to read the Mineral Help tab above as it has some useful information. You probably want some additional clauses in your lease such as a commencement of drilling, a short time frame on the shut in clause, no warranty of title, a depth clause, etc. There are some clauses in the lease they send you that you will probably want to strike, such as the two year option, top lease clause, part of the warranty clause, etc.
---
### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:22pm UTC](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580/26 "2025-01-11T18:22:45Z")
[Previous page](https://www.mineralrightsforum.com/t/looking-for-current-lease-values/36580.md?page=1)