# Niobrara T38 R66W 6thpm

**URL:** https://www.mineralrightsforum.com/t/niobrara-t38-r66w-6thpm/41634
**Category:** Oil and Gas Leasing Help
**Created:** [February 12, 2019, 11:12pm UTC](https://www.mineralrightsforum.com/t/niobrara-t38-r66w-6thpm/41634 "2019-02-12T23:12:01Z")
**Posts on this page:** 2
**Page:** 1

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### Author: ![Princ3](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/439d5e/32.png) [@Princ3](https://www.mineralrightsforum.com/u/Princ3)
#### Post date: [February 12, 2019, 11:12pm UTC](https://www.mineralrightsforum.com/t/niobrara-t38-r66w-6thpm/41634/1 "2019-02-12T23:12:01Z")

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T38R66W 6th PM. The offer was $50 per NMA with a 5-year and a 3-year option 15%. I have never gone this low before and am not inclined to do so. Last time I leased this land I got $270 per NMA on a 4-year with a 2-year 18.75%. Anyone know what the going average is up there right now in 2019 as I would like to give a fair counter offer back. Also, the price per barrel has also been going up; that is good to see. $53 now. I would love to see it get back up to $99 like in 2011.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/niobrara-t38-r66w-6thpm/41634/2 "2025-01-11T19:26:59Z")

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