# Reasonable lease price?

**URL:** https://www.mineralrightsforum.com/t/reasonable-lease-price/11907
**Category:** Tarrant County, TX
**Created:** [January 14, 2014, 5:21am UTC](https://www.mineralrightsforum.com/t/reasonable-lease-price/11907 "2014-01-14T05:21:16Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Robert\_Santos](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/bc8723/32.png) [@Robert\_Santos](https://www.mineralrightsforum.com/u/Robert_Santos)
#### Post date: [January 14, 2014, 5:21am UTC](https://www.mineralrightsforum.com/t/reasonable-lease-price/11907/1 "2014-01-14T05:21:16Z")

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I live in Mansfield, Texas in the Lowes Farm subdivision and was offered to lease my minerals for $1000/acre with 20% royalties. Is this a good offer or should I negotiate for a higher rate?

Thanks, Robert

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### Author: ![Robert\_Santos](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/bc8723/32.png) [@Robert\_Santos](https://www.mineralrightsforum.com/u/Robert_Santos)
#### Post date: [January 14, 2014, 5:44am UTC](https://www.mineralrightsforum.com/t/reasonable-lease-price/11907/2 "2014-01-14T05:44:38Z")

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The Drill is called Keep A Steppin West.

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### Author: ![Kitchen](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kitchen/32/2666_2.png) [@Kitchen](https://www.mineralrightsforum.com/u/Kitchen)
#### Post date: [January 17, 2014, 5:43pm UTC](https://www.mineralrightsforum.com/t/reasonable-lease-price/11907/3 "2014-01-17T17:43:22Z")

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25% is still pretty normal in Tarrant County. The last prices I heard of for bonuses were $2k-$4k/acre but that was about a year ago.

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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 15, 2018, 1:01am UTC](https://www.mineralrightsforum.com/t/reasonable-lease-price/11907/4 "2018-08-15T01:01:06Z")

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