# Royaltys and bonus's being paid out
**URL:** https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686
**Category:** Billings County, ND
**Created:** [October 3, 2011, 3:57am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686 "2011-10-03T03:57:17Z")
**Posts on this page:** 12
**Page:** 1
### Author:  [@Michael\_Ott](https://www.mineralrightsforum.com/u/Michael_Ott)
#### Post date: [October 3, 2011, 3:57am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/1 "2011-10-03T03:57:17Z")
I received an offer to lease my mineral rights out in Billings County. Township 141N Range 99 Section .
Does anyone know what they are paying on average for a bonus as well as royalties? I was offered 800 plus 16%. Is that a fair price?
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### Author:  [@John\_F\_Fisher](https://www.mineralrightsforum.com/u/John_F_Fisher)
#### Post date: [October 3, 2011, 1:21pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/2 "2011-10-03T13:21:30Z")
Hi Michael,
My family has land in Billings, 139N, R100. We signed almost a year ago for $700 per/acre, for three years. The royalty was at 18.75%. I think at this point you can do much better all around. We were offered $1000 per/acre a month after we signed the lease. So I think you can get $1200-$1500 with a royalty of 18.75.
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### Author:  [@Greg\_Roberts](https://www.mineralrightsforum.com/u/Greg_Roberts)
#### Post date: [October 21, 2011, 12:11am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/3 "2011-10-21T00:11:49Z")
My family holds interests in Township 137 Range 100. We were recently offered $600/nma bonus and 1/6th royalty and trying to decide whether that is a fair offer.
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### Author:  [@Michael\_Ott](https://www.mineralrightsforum.com/u/Michael_Ott)
#### Post date: [October 21, 2011, 3:40am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/4 "2011-10-21T03:40:05Z")
I just received a lease for 1000 acres with 18.75% with a 3-year lease. Two months ago my cousins were offered 800 with 16% for a 5-year lease. I think I’ll take it.
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### Author:  [@Allen\_Tunstill\_Cowden](https://www.mineralrightsforum.com/u/Allen_Tunstill_Cowden)
#### Post date: [December 5, 2011, 10:57pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/5 "2011-12-05T22:57:20Z")
Michael, did you complete your lease in 141 100?
I received an offer in 136 100 in Slope County at $400 & 1/6. Going to pass for now.
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### Author:  [@Kyle\_Bell](https://www.mineralrightsforum.com/u/Kyle_Bell)
#### Post date: [January 13, 2012, 9:03pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/6 "2012-01-13T21:03:46Z")
Does anyone know anything about Diamond Resources Inc.? I just received an offer over the phone and from what everyone is saying it is a good offer. I’m waiting to receive the written offer before I post it as a true offer.
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### Author:  [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [January 13, 2012, 11:29pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/7 "2012-01-13T23:29:46Z")
Kyle, I’ve had dealings with Diamond Resources, I’d say if you don’t live on the property that you should look at the NDIC GIS server map to see if there is already a well. Diamond won’t tell you if there is already a well drilled. I also suggest that if you deal with Diamond that you keep every scrap of correspondence and don’t negotiate on the phone. I also hope you have an up to date claim, filed of record in the county in which your minerals lie. I didn’t lease with Diamond but they tried to gain control of my property anyway. I have to sue them now. I recommend you do the above and be wary.
Kyle Bell said:
> Does anyone know anything about Diamond Resources Inc.? I just received an offer over the phone and from what everyone is saying it is a good offer. I’m waiting to receive the written offer before I post it as a true offer.
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### Author:  [@Kyle\_Bell](https://www.mineralrightsforum.com/u/Kyle_Bell)
#### Post date: [January 14, 2012, 1:55pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/8 "2012-01-14T13:55:44Z")
Thanks rw, I will follow your advice.
r w kennedy said:
Kyle, I’ve had dealings with Diamond Resources, I’d say if you don’t live on the property that you should look at the NDIC GIS server map to see if there is already a well. Diamond won’t tell you if there is already a well drilled. I also suggest that if you deal with Diamond that you keep every scrap of correspondence and don’t negotiate on the phone. I also hope you have an up-to-date claim, filed of record in the county in which your minerals lie. I didn’t lease with Diamond but they tried to gain control of my property anyway. I have to sue them now. I recommend you do the above and be wary.
Kyle Bell said:
Does anyone know anything about Diamond Resources Inc.? I just received an offer over the phone and from what everyone is saying it is a good offer. I’m waiting to receive the written offer before I post it as a true offer.
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### Author:  [@Michael\_Ott](https://www.mineralrightsforum.com/u/Michael_Ott)
#### Post date: [January 16, 2012, 5:17am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/9 "2012-01-16T05:17:24Z")
I did. I received $100/acre and 18.75% royalty.
Allen Tunstill Cowden said:
Michael, did you complete your lease in Township 141 Range 100?
I received an offer in Township 136 Range 100 in Slope County at $400 & 1/6. Going to pass for now.
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### Author:  [@Mark\_Osadchuk](https://www.mineralrightsforum.com/u/Mark_Osadchuk)
#### Post date: [February 24, 2012, 3:43am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/10 "2012-02-24T03:43:05Z")
Michael
My family owns in 142 - 100, we were offered $2000.00 at 21%.
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### Author:  [@Mark\_Osadchuk](https://www.mineralrightsforum.com/u/Mark_Osadchuk)
#### Post date: [April 7, 2012, 4:33pm UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/11 "2012-04-07T16:33:30Z")
Michael - add to the latest thread if you haven’t already.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 15, 2018, 4:10am UTC](https://www.mineralrightsforum.com/t/royaltys-and-bonuss-being-paid-out/22686/12 "2018-08-15T04:10:50Z")