# Sec 10-18N-13W out of lease

**URL:** https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281
**Category:** Blaine County, OK
**Created:** [October 21, 2019, 5:01pm UTC](https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281 "2019-10-21T17:01:37Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Jair\_Mayhall](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/ba8739/32.png) [@Jair\_Mayhall](https://www.mineralrightsforum.com/u/Jair_Mayhall)
#### Post date: [October 21, 2019, 5:01pm UTC](https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281/1 "2019-10-21T17:01:37Z")

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Recently had about 32 NMA in 10-18N-13W that came off of lease. I know there is a little activity there and received a couple offers to lease in the $1000 range for a 1/8 interest for 3 years. Seems low but I know some of the values have come down.

Anyone else have advice/information?

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### Author: ![Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/e5b9ba/32.png) [@Lanny\_Edward\_Sells](https://www.mineralrightsforum.com/u/Lanny_Edward_Sells)
#### Post date: [October 21, 2019, 11:18pm UTC](https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281/2 "2019-10-21T23:18:46Z")

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It sounds a bit low to me. You should get at least 3/16 too. The section just north of you and the section just north of it (Section 3) recently produced a pretty good oil and gas well. I’m thinking that you would pool higher than that.

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### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [October 22, 2019, 1:16am UTC](https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281/3 "2019-10-22T01:16:37Z")

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Always ask for the 1/5th option. Derby is leasing in the area for 3/16ths and 1/5th. The terms of the lease are more important than the bonus amount. Most leases need to be negotiated to be more in the mineral owner favor.

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### Author: ![MRFAdmin\_SV](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/e0b2c6/32.png) [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:19pm UTC](https://www.mineralrightsforum.com/t/sec-10-18n-13w-out-of-lease/52281/4 "2025-01-11T18:19:29Z")

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