# Mineral rights value and oil lease terms in fergus county
**URL:** https://www.mineralrightsforum.com/t/mineral-rights-value-and-oil-lease-terms-in-fergus-county/21241
**Category:** Fergus County, MT
**Created:** [June 3, 2012, 3:17am UTC](https://www.mineralrightsforum.com/t/mineral-rights-value-and-oil-lease-terms-in-fergus-county/21241 "2012-06-03T03:17:58Z")
**Posts on this page:** 2
**Page:** 1
### Author:  [@Gustav\_Goetsch](https://www.mineralrightsforum.com/u/Gustav_Goetsch)
#### Post date: [June 3, 2012, 3:17am UTC](https://www.mineralrightsforum.com/t/mineral-rights-value-and-oil-lease-terms-in-fergus-county/21241/1 "2012-06-03T03:17:58Z")
I am a newbie at this and tried to send this before so this may be a repeat.
I have been offered a lease for mineral rights in Fergus County. Since I am not in the business or the area I have no idea if this is a reasonable offer or not.
The key items of the lease are an offer of $5.00 per acre for the first 5 years and an option at $10.00 per acre for an additional 5 years. The royalty offered is 1/8 or 12.5%.
I believe there is no current activity in the area and that this is an attempt to assemble a package of leases that will attract some driller to come in and drill.
Any informed reply would be welcome.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 3:42am UTC](https://www.mineralrightsforum.com/t/mineral-rights-value-and-oil-lease-terms-in-fergus-county/21241/2 "2018-08-15T03:42:09Z")