# Oil and Gas Leasing Rate
**URL:** https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113
**Category:** Moore County, TX
**Created:** [September 27, 2022, 9:29pm UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113 "2022-09-27T21:29:48Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@MooreGas](https://www.mineralrightsforum.com/u/MooreGas)
#### Post date: [September 27, 2022, 9:29pm UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/1 "2022-09-27T21:29:48Z")
Does anyone know the NMA going rate for Moore County, Texas, for a gas well?
Was offered $50 NMA, 5 years, 3/16 royalty (by the landman with authority from the oil and gas company and we are almost positive this is a lowball first offer). My family is the majority in this field, and the discussion is to go back to the landman and negotiate it to $100 NMA, 3 years at 1/5 royalty rate and see where it goes from there. This was a producing well that was shut-in and the previous company wants to go back in. We don’t want to be greedy, just get what’s fair for the area.
Any help or insight would be appreciated!
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 28, 2022, 11:48am UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/2 "2022-09-28T11:48:35Z")
I do not know that area, but I would never lease for more than three years and would try for 1/5th or 1/4.
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### Author:  [@MooreGas](https://www.mineralrightsforum.com/u/MooreGas)
#### Post date: [September 28, 2022, 1:29pm UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/3 "2022-09-28T13:29:53Z")
Thank you, Ms. Barnes, and hope all is well! I was hoping you’d reply as I had been lurking on the forums for a bit and had previously read your responses :).
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [September 28, 2022, 2:30pm UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/4 "2022-09-28T14:30:48Z")
I would suggest that you get a good oil and gas attorney to review the draft lease. They woud be able to make suggestions for improvements and protections for you.
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### Author:  [@MooreGas](https://www.mineralrightsforum.com/u/MooreGas)
#### Post date: [September 29, 2022, 3:43am UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/5 "2022-09-29T03:43:06Z")
Thanks for your advice!
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [December 26, 2022, 9:30pm UTC](https://www.mineralrightsforum.com/t/oil-and-gas-leasing-rate/68113/6 "2022-12-26T21:30:21Z")
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