# Offer to lease in Lincoln County

**URL:** https://www.mineralrightsforum.com/t/offer-to-lease-in-lincoln-county/61883
**Category:** Oil and Gas Leasing Help
**Created:** [May 24, 2021, 3:53pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-in-lincoln-county/61883 "2021-05-24T15:53:46Z")
**Posts on this page:** 3
**Page:** 1

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### Author: ![khwilk](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/khwilk/32/15269_2.png) [@khwilk](https://www.mineralrightsforum.com/u/khwilk)
#### Post date: [May 24, 2021, 3:53pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-in-lincoln-county/61883/1 "2021-05-24T15:53:47Z")

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Hello All, I am still learning about my mineral rights and have not had much free time. I was recently contacted by EOG to lease in Lincoln County NW/4 Section 25-17N-3E $300 20% Royalty 3+3 Year Is this a fair offer? Any assistance is greatly appreciated.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [May 24, 2021, 4:56pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-in-lincoln-county/61883/2 "2021-05-24T16:56:23Z")

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I cannot comment on the amount of money, but I would not take the extra +3 option. I never lease for more than three years. Too much can happen. And the +3 indicates to me that there is not a rush to drill. There is some horizontal drilling in the area surrounding you.

In my experience, the first draft of the lease will not be in the mineral owner’s favor. I would suggest you get an oil and gas attorney to review if for you and get a more favorable lease.

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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: [August 22, 2021, 3:54pm UTC](https://www.mineralrightsforum.com/t/offer-to-lease-in-lincoln-county/61883/3 "2021-08-22T15:54:20Z")

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