# Lower depth lease Section 35

**URL:** https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831
**Category:** Carter County, OK
**Created:** [September 19, 2018, 10:25pm UTC](https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831 "2018-09-19T22:25:05Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Pat\_O](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/eada6e/32.png) [@Pat\_O](https://www.mineralrightsforum.com/u/Pat_O)
#### Post date: [September 19, 2018, 10:25pm UTC](https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831/1 "2018-09-19T22:25:05Z")

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I have a producing well in Section 35 under a lease with a depth clause. I have an offer from a landman representing Rimrock for a lower depth lease. Offer is $500 per acre, 3/16 royalty. Anyone else approached for this? Know what terms these deals are being done on? The offer also includes extension option, but I’ll definitely strike that. Thanks for any help.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 19, 2018, 11:17pm UTC](https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831/2 "2018-09-19T23:17:18Z")

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Pat, Add the township and range. Lots of sections 35s. I always ask for the 1/5th and 1/4 options since they can sometimes pay out quite a bit more over the life of the well.

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### Author: ![Pat\_O](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/eada6e/32.png) [@Pat\_O](https://www.mineralrightsforum.com/u/Pat_O)
#### Post date: [September 21, 2018, 12:08am UTC](https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831/3 "2018-09-21T00:08:51Z")

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Section 35, Township 5 South, Range 3 West

To repeat my inquiry, has anyone else gotten an offer for a lower depth well? What terms? Thanks!

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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, 6:17pm UTC](https://www.mineralrightsforum.com/t/lower-depth-lease-section-35/33831/4 "2025-01-11T18:17:12Z")

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