# Royalty Leasing in Payne County

**URL:** https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551
**Category:** Payne County, OK
**Created:** [March 12, 2013, 1:47am UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551 "2013-03-12T01:47:44Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/loretta_m_ruhl/32/2526_2.png) [@Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/u/Loretta_M_Ruhl)
#### Post date: [March 12, 2013, 1:47am UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/1 "2013-03-12T01:47:44Z")

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“I am wondering if $350 an acre with 3/16 royalty is a good offer for a lease in Payne County Section 21 Township 18N Range 1W?” Does anyone have any idea?

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### Author: ![Randy\_M\_Wilson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/9f8e36/32.png) [@Randy\_M\_Wilson](https://www.mineralrightsforum.com/u/Randy_M_Wilson)
#### Post date: [March 12, 2013, 6:23am UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/2 "2013-03-12T06:23:38Z")

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I’ve been offered (probably no choice due to pooling) $200/Acre with 3/16 in 19N 3E for 3 year term; yours seems better than mine!

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### Author: ![Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/loretta_m_ruhl/32/2526_2.png) [@Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/u/Loretta_M_Ruhl)
#### Post date: [March 12, 2013, 7:28pm UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/3 "2013-03-12T19:28:57Z")

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Thanks for the info Randy. That doesn’t seem right that you don’t have a choice because of pooling - I don’t understand the whole pooling thing. They are calling like crazy so I know they want it pretty bad. I think I will still push them for more money.

Randy M. Wilson said:

I’ve been offered (probably no choice due to pooling) $200/Acre with 3/16 in 19N 3E for 3 year term; yours seems better than mine!

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### Author: ![Ron\_McKenzie](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/7c8e57/32.png) [@Ron\_McKenzie](https://www.mineralrightsforum.com/u/Ron_McKenzie)
#### Post date: [March 12, 2013, 11:51pm UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/4 "2013-03-12T23:51:48Z")

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You could get less cash and a 1/5th royalty if you wanted. Also Devon is getting active in 18N-1W so that might drive up leases if you have the nerve to wait and see.

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### Author: ![Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/loretta_m_ruhl/32/2526_2.png) [@Loretta\_M\_Ruhl](https://www.mineralrightsforum.com/u/Loretta_M_Ruhl)
#### Post date: [March 13, 2013, 5:57pm UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/5 "2013-03-13T17:57:26Z")

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Thanks for the info Ron!

Ron McKenzie said:

You could get less cash and a 1/5th royalty if you wanted. Also Devon is getting active in 18N-1W so that might drive up leases if you have the nerve to wait and see.

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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, 2:34am UTC](https://www.mineralrightsforum.com/t/royalty-leasing-in-payne-county/17551/6 "2018-08-15T02:34:55Z")

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