# Looking for help regarding an offer to sell 1/6 I own in Lea county

**URL:** https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161
**Category:** Lea County, NM
**Created:** [March 15, 2019, 11:50pm UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161 "2019-03-15T23:50:54Z")
**Posts on this page:** 7
**Page:** 1

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### Author: ![lisag](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/lisag/32/11866_2.png) [@lisag](https://www.mineralrightsforum.com/u/lisag)
#### Post date: [March 15, 2019, 11:50pm UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/1 "2019-03-15T23:50:54Z")

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Hi everyone, I own one-sixth of two sections in Lea County. Looks like a good location anyway. I am super new to all this and the email with an offer was we are looking at $25,000.00 range? Do you think he is saying per acre or saying that is gross or total amount offered?

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### Author: ![Louis\_Napoleon](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/louis_napoleon/32/11987_2.png) [@Louis\_Napoleon](https://www.mineralrightsforum.com/u/Louis_Napoleon)
#### Post date: [March 16, 2019, 12:58am UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/2 "2019-03-16T00:58:54Z")

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It would be helpful to know where you’re located and how much you own for forum members to help advise. Typically they’ll tell you their offer is per net mineral acre or net royalty acre. If they just told you a number, that might just be the lump sum offer. Hope this helps.

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### Author: ![lisag](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/lisag/32/11866_2.png) [@lisag](https://www.mineralrightsforum.com/u/lisag)
#### Post date: [March 16, 2019, 2:12am UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/3 "2019-03-16T02:12:35Z")

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Thank you for the information. I own 1/6 in T14 R 33E Sec. 35 S1/2 AND T14 R 33E Sec. 33 E1/2 Any input would be great. Thank you

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### Author: ![timmyd](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/4bbf92/32.png) [@timmyd](https://www.mineralrightsforum.com/u/timmyd)
#### Post date: [March 16, 2019, 2:47pm UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/4 "2019-03-16T14:47:01Z")

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Need to know how many acres you have in your area.

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### Author: ![lisag](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/lisag/32/11866_2.png) [@lisag](https://www.mineralrightsforum.com/u/lisag)
#### Post date: [March 18, 2019, 12:11am UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/5 "2019-03-18T00:11:30Z")

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Hi, thank you for helping. I think 320 acres in each section.

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### Author: ![Chris13](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/c5a1d2/32.png) [@Chris13](https://www.mineralrightsforum.com/u/Chris13)
#### Post date: [May 21, 2019, 1:27pm UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/6 "2019-05-21T13:27:12Z")

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If you own 1/6 of the two 320s that comes to 106.66 Net Acres. This is an older oilfield outside of the hot Delaware area. I doubt the offer is for $25k/acre up there, which would put you at $234/acre = not good. If it is $25k/acre in that Section Township and Range, I would say sell it before they realize their error.

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### Author: ![Kenny\_DuBose](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kenny_dubose/32/5102_2.png) [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [May 21, 2019, 1:46pm UTC](https://www.mineralrightsforum.com/t/looking-for-help-regarding-an-offer-to-sell-1-6-i-own-in-lea-county/43161/7 "2019-05-21T13:46:59Z")

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