# Martin County Texas leases what to look for and going rates etc

**URL:** https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753
**Category:** Oil and Gas Leasing Help
**Created:** [December 15, 2016, 6:20pm UTC](https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753 "2016-12-15T18:20:26Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Carolyn\_McGuire](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carolyn_mcguire/32/347_2.png) [@Carolyn\_McGuire](https://www.mineralrightsforum.com/u/Carolyn_McGuire)
#### Post date: [December 15, 2016, 6:20pm UTC](https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753/1 "2016-12-15T18:20:26Z")

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Would anyone be able to tell me what to look for in a lease in Martin County? I have a few offers on NE4 Section 30 block 36 T2N. I think they are low offers but I know there is much more to it than just percent and bonus. Depth keeps popping up as something to consider and it was never part of the narrative in leases before.

Thank you in advance.

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### Author: ![James\_Marrow](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/james_marrow/32/14142_2.png) [@James\_Marrow](https://www.mineralrightsforum.com/u/James_Marrow)
#### Post date: [December 18, 2016, 9:12am UTC](https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753/2 "2016-12-18T09:12:36Z")

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Depth has become important as the newer plays in your area are horizontal wells. Don’t know the going rate for bonuses, but don’t take less than a 25% royalty. Also, make sure you have both horizontal and vertical Pugh clauses in your lease so if they don’t develop all depths, they revert to you after the original lease term (usually 3 years).

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### Author: ![Carolyn\_McGuire](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/carolyn_mcguire/32/347_2.png) [@Carolyn\_McGuire](https://www.mineralrightsforum.com/u/Carolyn_McGuire)
#### Post date: [December 18, 2016, 9:11pm UTC](https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753/3 "2016-12-18T21:11:24Z")

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Thank you. I will read through them again.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:51pm UTC](https://www.mineralrightsforum.com/t/martin-county-texas-leases-what-to-look-for-and-going-rates-etc/3753/4 "2018-08-14T22:51:53Z")

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