# Panola county royalty rate and bonus
**URL:** https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636
**Category:** Panola County, TX
**Created:** [August 24, 2022, 11:37pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636 "2022-08-24T23:37:57Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Robert\_Tilden](https://www.mineralrightsforum.com/u/Robert_Tilden)
#### Post date: [August 24, 2022, 11:37pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/1 "2022-08-24T23:37:57Z")
What is the current royalty rate and lease bonus for Panola County? Thank you in advance for your answer.
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### Author:  [@J\_Walker](https://www.mineralrightsforum.com/u/J_Walker)
#### Post date: [August 25, 2022, 12:50pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/2 "2022-08-25T12:50:52Z")
I leased 2 years ago for $1000 NMA, 20% cost free. I would expect much more at today’s prices for the same acreage.
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### Author:  [@Robert\_Tilden](https://www.mineralrightsforum.com/u/Robert_Tilden)
#### Post date: [August 27, 2022, 3:08pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/3 "2022-08-27T15:08:45Z")
Thank you so much for your reply J\_Walker. I have received an offer for $500 per acre and 20% royalty.
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### Author:  [@J\_Walker](https://www.mineralrightsforum.com/u/J_Walker)
#### Post date: [August 27, 2022, 3:32pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/4 "2022-08-27T15:32:07Z")
You can always make a counteroffer based on a mutually agreeable lease. For a cost-free royalty, make sure the royalty language in the lease and addendum is based on “gross proceeds” and not “at the wellhead.”
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### Author:  [@J\_Walker](https://www.mineralrightsforum.com/u/J_Walker)
#### Post date: [August 27, 2022, 3:55pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/5 "2022-08-27T15:55:39Z")
Or alternately ask for 22.5% royalty cost bearing. Never hurts to ask.
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### Author:  [@Robert\_Tilden](https://www.mineralrightsforum.com/u/Robert_Tilden)
#### Post date: [August 28, 2022, 5:06pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/6 "2022-08-28T17:06:05Z")
Thank you so much J\_Walker! I appreciate you.
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### Author:  [@Robert\_Tilden](https://www.mineralrightsforum.com/u/Robert_Tilden)
#### Post date: [August 28, 2022, 5:07pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/7 "2022-08-28T17:07:14Z")
Thank you J\_Walker. I will also have an attorney review the lease proposal.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 22, 2022, 11:38pm UTC](https://www.mineralrightsforum.com/t/panola-county-royalty-rate-and-bonus/67636/8 "2022-11-22T23:38:49Z")
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