# Mineral Lease Offer in Williams County

**URL:** https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492
**Category:** Williams County, ND
**Created:** [January 26, 2025, 1:50am UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492 "2025-01-26T01:50:30Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![willy55](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/8e7dd6/32.png) [@willy55](https://www.mineralrightsforum.com/u/willy55)
#### Post date: [January 26, 2025, 1:50am UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/1 "2025-01-26T01:50:30Z")

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Own 50 acres in Williams County, T159N, R96W, Sec 21. Been offered $350/acre for a 3/16 interest for a five year lease. Can we do better?

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### Author: ![J\_A\_Downie](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/9fc29f/32.png) [@J\_A\_Downie](https://www.mineralrightsforum.com/u/J_A_Downie)
#### Post date: [January 26, 2025, 6:49pm UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/2 "2025-01-26T18:49:24Z")

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You should get at least a 20% royalty. Probably a bigger bonus too. I think our last bonus was $1750.

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### Author: ![Well\_Wisher](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/58f4c7/32.png) [@Well\_Wisher](https://www.mineralrightsforum.com/u/Well_Wisher)
#### Post date: [January 26, 2025, 6:49pm UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/3 "2025-01-26T18:49:29Z")

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Personally, I would not want less than 20% but it’s been a few years now since my leases were done and they weren’t that high. Curious to see what others say.

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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: [January 27, 2025, 3:13pm UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/4 "2025-01-27T15:13:17Z")

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Five years is a non-starter for me. Three years is my max. Also, the clauses in the lease are very important. Most draft leases are not in the mineral owner’s favor, so it is a good idea to get a good oil and gas attorney to look at the lease and make suggested edits.

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### Author: ![Skimo](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/50afbb/32.png) [@Skimo](https://www.mineralrightsforum.com/u/Skimo)
#### Post date: [February 20, 2025, 2:27am UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/5 "2025-02-20T02:27:00Z")

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Did you end up signing a lease? As mentioned above, try not to make too much of the Bonus Payment. The share and term are very important. I think many of the speculative leases in the Bakken are going to longer terms, but not sure what is typical this year. We were also offered a 5, but haven’t done anything yet. Who is offering? Phoenix and Koda seem most active in the area.

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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: [April 26, 2025, 1:50am UTC](https://www.mineralrightsforum.com/t/mineral-lease-offer-in-williams-county/79492/6 "2025-04-26T01:50:30Z")

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