# Section 10 6n 5w should I sell?
**URL:** https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145
**Category:** Grady County, OK
**Created:** [May 8, 2018, 6:43am UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145 "2018-05-08T06:43:55Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@Michael\_gardenhire](https://www.mineralrightsforum.com/u/Michael_gardenhire)
#### Post date: [May 8, 2018, 6:43am UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/1 "2018-05-08T06:43:55Z")
Hi everyone. I own 5 acres in that section. My mom owns another 5 that we just recently inherited. Was wondering how much they would be worth if I were to sell? Because the current lease is horrible 1/8th. Any information would be appreciated. Thanks.
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### Author:  [@Bud](https://www.mineralrightsforum.com/u/Bud)
#### Post date: [May 8, 2018, 1:01pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/2 "2018-05-08T13:01:22Z")
Remember when you sell you are selling to someone who wants to make lots of money off of your need to sell. The reason they are buying is to make a good profit off of you. They may want to flip it or if under lease wait for production. Others can comment but I haven’t heard of anyone doing well on a sell - Buyers are looking to get cheap deals. Time is on your side if you can wait for lease offers - and you are correct 1/8 is not a good offer, be sure and ask for 3/16 or 1/8 in the lease.
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### Author:  [@Michael\_gardenhire](https://www.mineralrightsforum.com/u/Michael_gardenhire)
#### Post date: [May 8, 2018, 8:38pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/3 "2018-05-08T20:38:50Z")
Thanks bud I appreciate the advice. The lease was before I inherited it so state made it at the least as possible! I wish I could renegotiate and it would all be worth but 1/8th we are not seeing much per month that’s why I was only curious what selling looked like.
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### Author:  [@Garland\_Smith](https://www.mineralrightsforum.com/u/Garland_Smith)
#### Post date: [May 9, 2018, 3:05am UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/4 "2018-05-09T03:05:38Z")
Michael,
Hold what you have. Offers are all over the scale. In my humble opinion it would be foolish to sell.
Remember, the big bonus is a one shot deal. The % you agree on is for the rest of the show.
Also, you are swimming with very big sharks, they will eat you.
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### Author:  [@Darla\_Charlow\_Ragland](https://www.mineralrightsforum.com/u/Darla_Charlow_Ragland)
#### Post date: [May 9, 2018, 2:16pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/5 "2018-05-09T14:16:13Z")
You are correct that it would not be worth as much since it is leased at a 1/8. What something is worth is relative to what someone will pay for it. Chances are you won’t receive offers unless someone believes that section is going to be developed. First offers are always low. I have seen some sales where I think the mineral owner came out on the good side, but they were leased at a 1/4 and they had a lot of acres. You are always welcome to bounce your offers off the forum to see what we think.
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### Author:  [@Joshua\_E\_Epperson](https://www.mineralrightsforum.com/u/Joshua_E_Epperson)
#### Post date: [May 30, 2018, 1:46pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/6 "2018-05-30T13:46:27Z")
Michael, I own some minerals in that area. Can you tell me who was offering and how much?
Thank you.
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### Author:  [@Michael\_gardenhire](https://www.mineralrightsforum.com/u/Michael_gardenhire)
#### Post date: [June 9, 2018, 8:19pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/8 "2018-06-09T20:19:40Z")
Offer has been up between $8,500 and $10,000 per acre! I’m waiting to see if they add a horizontal well. Continental said they were looking into it!
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:12pm UTC](https://www.mineralrightsforum.com/t/section-10-6n-5w-should-i-sell/25145/9 "2025-01-11T18:12:06Z")