# Nolan County, Texas Lease Rates

**URL:** https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459
**Category:** Nolan County, TX
**Created:** [March 5, 2020, 3:18am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459 "2020-03-05T03:18:55Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![haney123](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/h/4bbf92/32.png) [@haney123](https://www.mineralrightsforum.com/u/haney123)
#### Post date: [March 5, 2020, 3:18am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/1 "2020-03-05T03:18:56Z")

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I am trying to find out a fair price for mineral lease in Nolan County, Texas. We were approached about $75/acre and 3/16th Royalty (or 18.75% of total price) with option for 2 year extension at $75/acre. Looking at about 840 acres of minerals. Is this a fair price?

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### Author: ![Rick5](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/57b2e6/32.png) [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [March 7, 2020, 1:37am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/2 "2020-03-07T01:37:42Z")

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I’d counter with $150 per NMA, ¼ royalty, and a three-year lease with no extension. What’s your legal description?

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### Author: ![Larry\_W\_Love](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/5e9695/32.png) [@Larry\_W\_Love](https://www.mineralrightsforum.com/u/Larry_W_Love)
#### Post date: [March 7, 2020, 2:50am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/3 "2020-03-07T02:50:48Z")

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I have not been online for the past week and am just now replying. I have had no offers, so I do not have any reference offers. I do agree with the 1/4 and shorter term. Nolan County has been hot and cold for years.

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### Author: ![haney123](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/h/4bbf92/32.png) [@haney123](https://www.mineralrightsforum.com/u/haney123)
#### Post date: [March 13, 2020, 6:55pm UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/4 "2020-03-13T18:55:33Z")

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All of Section 96, Block 24, South 200 acres of East 1/2 of Section 85, Block 24 West 310 acres of Section 85, Block 24

Offer is now $100/acre + 20% Royalty and $250/acre if 2-year extension picked up in 3 years.

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### Author: ![John\_D\_Little](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/john_d_little/32/2465_2.png) [@John\_D\_Little](https://www.mineralrightsforum.com/u/John_D_Little)
#### Post date: [March 19, 2020, 8:53pm UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/5 "2020-03-19T20:53:43Z")

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Similar to our offer in Nolan for 250 acres. $100 pnmi, 3/16 royalties.

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### Author: ![haney123](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/h/4bbf92/32.png) [@haney123](https://www.mineralrightsforum.com/u/haney123)
#### Post date: [March 19, 2020, 11:53pm UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/6 "2020-03-19T23:53:28Z")

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Is your land close to this we have rights on? We were offered the lease by Mesa Ridge Land Company for Scott Oil.

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### Author: ![John\_D\_Little](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/john_d_little/32/2465_2.png) [@John\_D\_Little](https://www.mineralrightsforum.com/u/John_D_Little)
#### Post date: [March 20, 2020, 1:42am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/7 "2020-03-20T01:42:15Z")

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Block 64 Section 200 at Hylton. Equitas Energy.

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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: [June 3, 2020, 3:18am UTC](https://www.mineralrightsforum.com/t/nolan-county-texas-lease-rates/56459/8 "2020-06-03T03:18:57Z")

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