# Recent sales prices per acre for Doddridge County mineral rights?
**URL:** https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292
**Category:** Doddridge County, WV
**Created:** [April 7, 2016, 12:39am UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292 "2016-04-07T00:39:28Z")
**Posts on this page:** 10
**Page:** 1
### Author:  [@Charles\_Bailey](https://www.mineralrightsforum.com/u/Charles_Bailey)
#### Post date: [April 7, 2016, 12:39am UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/1 "2016-04-07T00:39:28Z")
Does anyone know what price per acre I should be asking for unleased mineral rights in Doddridge County? I was originally contacted by EQT to lease my interest, but I could not negotiate a deal that made any economic sense. Now they want to purchase my interest. Any thoughts from the group will be greatly appreciated.
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### Author:  [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [April 7, 2016, 3:17am UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/2 "2016-04-07T03:17:26Z")
Charles,
There are endless variables as to the value attributed to a lease or sale, district, size, percentage of ownership, et al. You are welcome to contact me directly via this site if you wish to share the specifics of the parcel(s) that you have an interest in.
On a side note, I spoke with my legal counsel this afternoon and was advised that EQT is no longer offering “Paid Up” leases, instead spreading the payment over the term of the lease, i.e., lump sum payment for the lease, upon signing.
I would be happy to offer any assistance that I can. Cheers
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### Author:  [@Charles\_Bailey](https://www.mineralrightsforum.com/u/Charles_Bailey)
#### Post date: [April 7, 2016, 4:01am UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/3 "2016-04-07T04:01:22Z")
Hi,
Thank you very much for your reply. The first offer was for a delay lease paid over five years which was not acceptable. I was able to negotiate a paid up lease, but their discounted amount was drastic and not at all acceptable. I anticipate an offer to purchase my interest in a day or so. If it is ok, I may contact you then to discuss. Thanks again and take care!
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### Author:  [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [April 7, 2016, 4:05am UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/4 "2016-04-07T04:05:47Z")
Charles,
I look forward to hearing from you, especially to learn what discount they attempted to negotiate for Paid Up status.
Cheers
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### Author:  [@Jerry\_Yaremko](https://www.mineralrightsforum.com/u/Jerry_Yaremko)
#### Post date: [April 7, 2016, 12:28pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/5 "2016-04-07T12:28:44Z")
Charles,
My 5-year lease expired this February. The Antero rep approached me to sign a new 5-year lease in October of 2015. The agreed upon lease was for $2,500 an acre. However, with the significant decline in gas prices, oversupply, and financial pressures of the gas companies, I suspect companies may not be willing to pay that much now. It pays to shop around.
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### Author:  [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [April 7, 2016, 12:35pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/6 "2016-04-07T12:35:46Z")
Jerry,
If I may be nosey, what royalty % were you able to receive on the new lease? Did Antero increase the royalty percentage with the lower signing bonus?
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### Author:  [@Jerry\_Yaremko](https://www.mineralrightsforum.com/u/Jerry_Yaremko)
#### Post date: [April 7, 2016, 12:41pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/7 "2016-04-07T12:41:01Z")
Increased from 16 to 18%.
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### Author:  [@WV\_Mineral\_Owner](https://www.mineralrightsforum.com/u/WV_Mineral_Owner)
#### Post date: [April 7, 2016, 12:42pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/8 "2016-04-07T12:42:16Z")
Congrats!
Thank you for sharing.
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### Author:  [@Charles\_Bailey](https://www.mineralrightsforum.com/u/Charles_Bailey)
#### Post date: [April 7, 2016, 6:13pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/9 "2016-04-07T18:13:38Z")
Hi,
I just heard back from the landman representing EQT with their purchase offer. It was for $2,800 per acre (mineral rights only) and unleased. Their first offer out of the box for a 5-year delay lease was for $1,800 per acre. When I asked for a paid-up lease, the price I was quoted was $1,000 per acre. Both of the proposed leases came with a 15% net royalty. I would rather sell my interest rather than be concerned about problems down the road (litigation, etc.). Any advice will be appreciated.
Take care Charles
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:16pm UTC](https://www.mineralrightsforum.com/t/recent-sales-prices-per-acre-for-doddridge-county-mineral-rights/5292/10 "2018-08-14T23:16:15Z")