# Mineral Interest Values in Section 36-10N-5W

**URL:** https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352
**Category:** Grady County, OK
**Created:** [June 22, 2018, 4:42pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352 "2018-06-22T16:42:37Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Slick](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/53a042/32.png) [@Slick](https://www.mineralrightsforum.com/u/Slick)
#### Post date: [June 22, 2018, 4:42pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/1 "2018-06-22T16:42:37Z")

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I’m new to this. I have been offered $6,000 per acre for minerals under a 3/16" lease in this section. Can anybody advise me if this is a good offer?

Thanks.

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### Author: ![Don\_Bray](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/don_bray/32/16050_2.png) [@Don\_Bray](https://www.mineralrightsforum.com/u/Don_Bray)
#### Post date: [June 24, 2018, 3:10am UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/2 "2018-06-24T03:10:03Z")

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Your section is not far from a couple of wells flowing well over 1,000 barrels of oil per day after 60 plus days. That offer seems real low to me.

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### Author: ![Jeffrey\_Beunier](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@Jeffrey\_Beunier](https://www.mineralrightsforum.com/u/Jeffrey_Beunier)
#### Post date: [June 27, 2018, 4:10pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/4 "2018-06-27T16:10:22Z")

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Slick

That does seem low. I’ll take a closer look this afternoon and will circle back around to you on what I would estimate a fair value to be for your minerals. If you are interested in discussing please don’t hesitate to contact me either through PM on here (via friend me) or at [jb@frontrange-ep.com](mailto:jb@frontrange-ep.com) or at 303 500 1898.

With best regards Jeff

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### Author: ![Slick](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/53a042/32.png) [@Slick](https://www.mineralrightsforum.com/u/Slick)
#### Post date: [June 27, 2018, 7:22pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/5 "2018-06-27T19:22:13Z")

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Thanks. I appreciate you checking into it.

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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: [June 27, 2018, 7:59pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/6 "2018-06-27T19:59:35Z")

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That offer is too low. Catty corner to you in 2-9N-5W was at least $6700 last year.

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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, 6:12pm UTC](https://www.mineralrightsforum.com/t/mineral-interest-values-in-section-36-10n-5w/28352/7 "2025-01-11T18:12:02Z")

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