# Mineral Interests Lea **URL:** https://www.mineralrightsforum.com/t/mineral-interests-lea/2983 **Category:** Lea County, NM **Created:** [April 19, 2017, 11:16pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983 "2017-04-19T23:16:37Z") **Posts on this page:** 6 **Page:** 1
### Author: ![Susan\_Drew](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/7ba0ec/32.png) [@Susan\_Drew](https://www.mineralrightsforum.com/u/Susan_Drew) #### Post date: [April 19, 2017, 11:16pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/1 "2017-04-19T23:16:37Z")
We have been offered $250 an acre for 3 year lease with 20% and 2 year option in Township 10S and very small interest in Township 25S. Does anyone know other companies offering a higher lease amount? Thanks. ---
### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson) #### Post date: [April 22, 2017, 12:40am UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/2 "2017-04-22T00:40:19Z")
Susan, If you are in the right sections, the offer could be only 5% of what is fair. Location, Location, Location. Even the questionable edges of the Delaware basin are worth much, much more than your offer. ---
### Author: ![Susan\_Drew](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/7ba0ec/32.png) [@Susan\_Drew](https://www.mineralrightsforum.com/u/Susan_Drew) #### Post date: [April 22, 2017, 1:05pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/3 "2017-04-22T13:05:20Z")
I believe the larger interest Sec 8 is north of Hobbs. Thanks for your input. Actually close to the Roosevelt County line. We have solicited other offers. ---
### Author: ![Susan\_Drew](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/7ba0ec/32.png) [@Susan\_Drew](https://www.mineralrightsforum.com/u/Susan_Drew) #### Post date: [April 22, 2017, 3:50pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/4 "2017-04-22T15:50:50Z")
In fact I think the large one is right on the line with Roosevelt County. ---
### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson) #### Post date: [April 22, 2017, 9:23pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/5 "2017-04-22T21:23:38Z")
There is a large, old field in the area. It is very interesting what is going on below that field. Send me a personal message with Section, Township, and Range and I’ll try to help you figure things out. ---
### 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, 10:31pm UTC](https://www.mineralrightsforum.com/t/mineral-interests-lea/2983/7 "2018-08-14T22:31:16Z")