# Oil lease bonus rates in Gaines County TX?
**URL:** https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770
**Category:** Gaines County, TX
**Created:** [June 29, 2018, 7:34pm UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770 "2018-06-29T19:34:09Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@David\_Weyman](https://www.mineralrightsforum.com/u/David_Weyman)
#### Post date: [June 29, 2018, 7:34pm UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/1 "2018-06-29T19:34:09Z")
I’m getting a lot of offers for some mineral interest I have in Gaines County. I’m not new to the game. I have a lot of minerals in Glasscock County and Loving County. I’m used to getting about $10,000 to $12,000+ per acre on a bonus. All I can seem to get in Gaines County is about $700 per acre. Is this about right? Seems insanely low to me. I’d appreciate any answers. I’m just out of touch with Gaines County and I don’t know anybody doing any business up there.
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [June 30, 2018, 7:09am UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/2 "2018-06-30T07:09:34Z")
It looks like Ring Energy paid [$755/acre north of Seminole in this lease](http://www.glo.texas.gov/ncu/SCANDOCS/archives_webfiles/arcmaps/webfiles/landgrants/PDFs/1/1/1/5/1115154.pdf). I wonder if the lease’s “no deductions” language would prevent post-production deductions for a non-governmental lessor? [U.S. Lease Price Report is a subscription service.](http://www.lierle.com) Ring Energy and Oxy have leased and appear to continue to be leasing a considerable amount of land in Gaines County. See the [Ring Energy corporate presentation](http://investor.ringenergy.com/sites/ringenergy.investorhq.businesswire.com/files/event/additional/Ring_Corporate_Presentation_thru_Q118_5.09.2018.pdf). Why bonus rates on the Central Basin Platform may generally be lower than those on the Midland and the Delaware basins is a good question. Have any of the oil companies/land companies that have approached you offered development details? San Andres? Clearfork? Horizontal drilling? EOR?
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### Author:  [@Kimmnewsom](https://www.mineralrightsforum.com/u/Kimmnewsom)
#### Post date: [July 6, 2018, 8:40pm UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/3 "2018-07-06T20:40:36Z")
I am curious also. We have been offered $400 per acre and our property is between Seminole and Denver City. It seems really low. Any thoughts?
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### Author:  [@blegal](https://www.mineralrightsforum.com/u/blegal)
#### Post date: [October 6, 2019, 8:17pm UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/4 "2019-10-06T20:17:55Z")
Depends on where you are between Denver City and Seminole. Generally that is a very active area.
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### Author:  [@Kimmnewsom](https://www.mineralrightsforum.com/u/Kimmnewsom)
#### Post date: [November 4, 2019, 3:05am UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/5 "2019-11-04T03:05:58Z")
I wonder what kind of drilling and permit activity is going on in Gaines County. Our leased land is Section 277 Block G WTRR.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 5:38pm UTC](https://www.mineralrightsforum.com/t/oil-lease-bonus-rates-in-gaines-county-tx/28770/6 "2025-01-11T17:38:09Z")