# mineral rights offer, is it a good deal?
**URL:** https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180
**Category:** Lincoln County, OK
**Created:** [April 24, 2026, 12:28pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180 "2026-04-24T12:28:47Z")
**Posts on this page:** 5
**Page:** 1
### Author:  [@TTown](https://www.mineralrightsforum.com/u/TTown)
#### Post date: [April 24, 2026, 12:28pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180/1 "2026-04-24T12:28:48Z")
My father left me some mineral rights in Stephens county and I have received an offer from Lincoln Land & Title, LLC for $300 and a 1/5 royalty for 3 year lease with a provision that if they should cap the well if producing due to cost of oil dropping the lease would stay active indefinitely and they would only have to give $1 per year to hold open the lease which seems crazy to me. I know absolutely nothing about mineral rights and I am not sure what is considered a fair offer. Sec 8, Township 02N, Range 05W: N/2 SE/4; E/2 NE/4 SW/4; SE/4 SE/4
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### Author:  [@TTown](https://www.mineralrightsforum.com/u/TTown)
#### Post date: [April 25, 2026, 8:57pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180/2 "2026-04-25T20:57:18Z")
When I asked the landman who the operator would be that would be drilling he said they wanted to remain anonymous which was a red flag for me so I had informed him I won’t be signing the lease
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### Author:  [@Lee\_E\_Dumas](https://www.mineralrightsforum.com/u/Lee_E_Dumas)
#### Post date: [April 25, 2026, 9:59pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180/3 "2026-04-25T21:59:25Z")
I would lease to any oil lease if they cannot give you the operator then do not deserve a lease. this sound lease fraud to me. , Lee Dumas
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 4, 2026, 3:19pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180/4 "2026-05-04T15:19:07Z")
8-2N-5W is in Stephens county, not Lincoln.
That provision is a common clause, but many of us would put $10/ac per year. However, if you are new to mineral rights, it would be wise to get an attorney to review any lease draft. That is not the main clause that you need to worry about. The draft lease is in the favor of the operator and not the mineral owner and needs significant edits to protect you. You can either lease or wait for force pooling.
The Mineral Help tab above is a good place to start.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [July 23, 2026, 12:29pm UTC](https://www.mineralrightsforum.com/t/mineral-rights-offer-is-it-a-good-deal/87180/5 "2026-07-23T12:29:22Z")
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