# ORRI value Section 30 T20S R29E
**URL:** https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202
**Category:** Eddy County, NM
**Created:** [July 9, 2019, 1:37am UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202 "2019-07-09T01:37:56Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@waldo](https://www.mineralrightsforum.com/u/waldo)
#### Post date: [July 9, 2019, 1:37am UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/1 "2019-07-09T01:37:56Z")
Inherited an ORRI in the above tract and trying to figure out if an offer I recently received to buy it is a fair one. $24,687.34 for a 0.4114557% ORRI. Also, if I know the federal BLM lease number, how do I look it up to see what it all covers? Thanks.
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### Author:  [@Kevin\_G1](https://www.mineralrightsforum.com/u/Kevin_G1)
#### Post date: [July 9, 2019, 3:02pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/2 "2019-07-09T15:02:27Z")
Was this offer a total purchase price or per acre? Thanks!
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### Author:  [@waldo](https://www.mineralrightsforum.com/u/waldo)
#### Post date: [July 9, 2019, 3:10pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/3 "2019-07-09T15:10:33Z")
It was a total purchase offer.
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### Author:  [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [July 10, 2019, 7:59pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/6 "2019-07-10T19:59:19Z")
It’s difficult to gauge the offer without a sense of price per acre.
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### Author:  [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [July 16, 2019, 2:34am UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/7 "2019-07-16T02:34:17Z")
You can look up the Fed lease on the BLM LR2000 system or else on the NMOCD GIS.
I’d go with GIS. Just google NMOCD GIS. Click on oil and gas map link, turn on the lease layer. Go to your area and click on the lease. It will bring up a pop-up window with info like how big it is.
On phone so I could be mistaken but look to be three Fed leases that cover part of Section 30. The only one that seemed the right size for that sort of total offer was a 2015 lease of 73 acres. But a 2015 ORRI (i.e., newish) owned by somebody who doesn’t know details seems unlikely, so I have no clue.
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### Author:  [@maxroyalty](https://www.mineralrightsforum.com/u/maxroyalty)
#### Post date: [July 16, 2019, 11:27pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/8 "2019-07-16T23:27:55Z")
An ORRI in this area could be anywhere from $1,500 to $7,500 per NRA. An NRA is the gross acres of the tract x your ORRI percentage x 8. If you have the gross acres of the tract with the legal description (both should be on the offer), people on here should be able to tell you if it is a good offer.
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### Author:  [@MLOGCT3](https://www.mineralrightsforum.com/u/MLOGCT3)
#### Post date: [January 16, 2020, 10:22pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/11 "2020-01-16T22:22:32Z")
Which lease in Section 30?
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:36pm UTC](https://www.mineralrightsforum.com/t/orri-value-section-30-t20s-r29e/48202/12 "2025-01-11T18:36:16Z")