# Permian Basin stacked layers prices paid are super up

**URL:** https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060
**Category:** Kingfisher County, OK
**Created:** [October 31, 2016, 4:02pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060 "2016-10-31T16:02:08Z")
**Posts on this page:** 11
**Page:** 1

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### Author: ![Margaret\_Kellogg](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ce7236/32.png) [@Margaret\_Kellogg](https://www.mineralrightsforum.com/u/Margaret_Kellogg)
#### Post date: [October 31, 2016, 4:02pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/1 "2016-10-31T16:02:08Z")

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According to the Wall Street Journal, Oct. 31 2016, companies are paying $40,000 and upwards per acre for drilling leases in the Permian Basin in West Texas and Southeast New Mexico. Perhaps this is what packages of leases are going for. Don’t know what is being paid for drilling leases in the STACK in Kingfisher County, but leases to mineral rights owners are probably worth more. Any news?

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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: [October 31, 2016, 4:04pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/2 "2016-10-31T16:04:52Z")

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The very hot portions of Blaine and Kingfisher are getting good lease rates for OK, but not as high as the Permian.

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### Author: ![Margaret\_Kellogg](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ce7236/32.png) [@Margaret\_Kellogg](https://www.mineralrightsforum.com/u/Margaret_Kellogg)
#### Post date: [October 31, 2016, 4:15pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/3 "2016-10-31T16:15:46Z")

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Any news about what is a good lease rate in the STACK in Kingfisher?

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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: [October 31, 2016, 4:27pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/4 "2016-10-31T16:27:50Z")

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Need S-T-R. Vary widely due to geology of the area.

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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: [November 1, 2016, 2:11pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/5 "2016-11-01T14:11:22Z")

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Gastar pooled in section 28-18N-8W near you in August 2016 for $1500 3/16 and $0 1/5th. They pooled 30-18N-8W for $1500 3/16 and $500 1/5, so that is the ballpark for the area.

Payrock pooled 13-18N-9W just next to you on the west for $1400 3/16 and $1200 1/5 in July.

Make sure you get a good lease with no post production costs.

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### Author: ![Margaret\_Kellogg](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ce7236/32.png) [@Margaret\_Kellogg](https://www.mineralrightsforum.com/u/Margaret_Kellogg)
#### Post date: [November 1, 2016, 5:13pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/6 "2016-11-01T17:13:24Z")

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M,

Thanks so much for that information.

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### Author: ![Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/glenn_michael_stinson_mike/32/1827_2.png) [@Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/u/Glenn_Michael_Stinson_Mike)
#### Post date: [November 6, 2016, 9:28pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/7 "2016-11-06T21:28:43Z")

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I was wondering if anyone could post a link to this article or one like it published in the Journal Record this week.

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### Author: ![Margaret\_Kellogg](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ce7236/32.png) [@Margaret\_Kellogg](https://www.mineralrightsforum.com/u/Margaret_Kellogg)
#### Post date: [November 6, 2016, 11:27pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/8 "2016-11-06T23:27:52Z")

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An Oil Bubble Emerges in West Texas - PressReader

An Oil Bubble Emerges in West Texas. Despite energy slump, prices for drillable land in the … The Wall Street Journal Europe - 2016-10-31 - BUSINESS & FINANCE - BY RUSSELL GOLD. ODESSA, Texas—Wall Street investors have fallen in …

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### Author: ![Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/glenn_michael_stinson_mike/32/1827_2.png) [@Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/u/Glenn_Michael_Stinson_Mike)
#### Post date: [November 9, 2016, 7:28pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/9 "2016-11-09T19:28:13Z")

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Thank you for the link, Margaret.

I have never signed up with Press Reader before. I would assume you have found it to be a safe site.

Mike Stinson

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### Author: ![Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/glenn_michael_stinson_mike/32/1827_2.png) [@Glenn\_Michael\_Stinson\_Mike](https://www.mineralrightsforum.com/u/Glenn_Michael_Stinson_Mike)
#### Post date: [November 9, 2016, 7:40pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/10 "2016-11-09T19:40:54Z")

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Hello Margaret.

Sorry for the last post. I just clicked on the top big blue line, it turned red, and went right to it without joining.

Thanks again.

Mike

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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 14, 2018, 10:57pm UTC](https://www.mineralrightsforum.com/t/permian-basin-stacked-layers-prices-paid-are-super-up/4060/11 "2018-08-14T22:57:20Z")

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