# Producers still leasing in Weld with oilprice down?
**URL:** https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738
**Category:** Weld County, CO
**Created:** [February 3, 2015, 1:13am UTC](https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738 "2015-02-03T01:13:06Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Jo\_Omariak](https://www.mineralrightsforum.com/u/Jo_Omariak)
#### Post date: [February 3, 2015, 1:13am UTC](https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738/1 "2015-02-03T01:13:06Z")
Are oil companies still taking leases, now that oil prices have fallen so much?
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### Author:  [@Ed\_Skeeters](https://www.mineralrightsforum.com/u/Ed_Skeeters)
#### Post date: [February 3, 2015, 1:47pm UTC](https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738/2 "2015-02-03T13:47:43Z")
We have received a number of offers to purchase our minerals in Weld County. The last activity we had was lease extensions/renewals in November. I think many companies are looking to “ride out” the price fall and wait for better times in 1-3 years with prices back to $60-$100/bbl.
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### Author:  [@Bridget\_Burton](https://www.mineralrightsforum.com/u/Bridget_Burton)
#### Post date: [February 3, 2015, 5:55pm UTC](https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738/3 "2015-02-03T17:55:13Z")
There are operators who are willing to “ride out” the falling prices and then develop when it’s more economic. I do want to add that there is a difference between offers to purchase minerals and offers to lease.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:54pm UTC](https://www.mineralrightsforum.com/t/producers-still-leasing-in-weld-with-oilprice-down/7738/4 "2018-08-14T23:54:36Z")