# New Offer in Weld County
**URL:** https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014
**Category:** Weld County, CO
**Created:** [July 9, 2022, 2:53pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014 "2022-07-09T14:53:05Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@Lisa\_Copeland](https://www.mineralrightsforum.com/u/Lisa_Copeland)
#### Post date: [July 9, 2022, 2:53pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/1 "2022-07-09T14:53:05Z")
I have received an offer of 3/16 royalty for my interest in Section 27 and 34 Township 6N Range 61W. I was thinking to request 1/5, does that sound reasonable in this area?
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### Author:  [@Matt\_Sands](https://www.mineralrightsforum.com/u/Matt_Sands)
#### Post date: [July 12, 2022, 10:52pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/2 "2022-07-12T22:52:08Z")
I see other leases by Civitas in Section 27 for 3/16 royalty and between 3/16 and 1/5 royalty rates (one with no post-production cost language) with Bonanza Creek in Section 34 this year. So, it seems like 1/5th royalty is in the ballpark.
In most cases you can get higher than the initial royalty rate being offered, sometimes at a lower lease bonus amount. In any case, I would try to negotiate no post-production cost language (except your proportionate share of ad valorem, production, and excise taxes).
Good luck! Thanks, Matt Sands
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### Author:  [@Lisa\_Copeland](https://www.mineralrightsforum.com/u/Lisa_Copeland)
#### Post date: [July 14, 2022, 7:33pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/3 "2022-07-14T19:33:34Z")
Mr. Sands
Thank you for the information. Love your podcast. Listen daily.
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### Author:  [@Matt\_Sands](https://www.mineralrightsforum.com/u/Matt_Sands)
#### Post date: [July 14, 2022, 10:25pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/4 "2022-07-14T22:25:07Z")
You’re welcome. I’m glad you’ve been enjoying the show! Matt
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### Author:  [@SMSTX1](https://www.mineralrightsforum.com/u/SMSTX1)
#### Post date: [August 3, 2022, 1:26pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/5 "2022-08-03T13:26:03Z")
Matt, your podcast is very helpful. Do you do any YouTube instructional videos that could be subscribed to regarding checking formulas on DO? Also, we received an offer from an operator to lease minerals which we reviewed and executed. I received by mail another lease offer from a different operator for the same area. Is this possible and if so, how? We can’t sign this lease though it actually had a higher royalty rate because we have already executed the other, but wanted to understand how this is possible. Thanks!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [October 7, 2022, 2:53pm UTC](https://www.mineralrightsforum.com/t/new-offer-in-weld-county/67014/6 "2022-10-07T14:53:08Z")
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