# Section 20, Block C9 **URL:** https://www.mineralrightsforum.com/t/section-20-block-c9/34854 **Category:** Reeves County, TX **Created:** [October 9, 2018, 4:09pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854 "2018-10-09T16:09:23Z") **Posts on this page:** 13 **Page:** 1
### Author: ![marrow88](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/ed8c4c/32.png) [@marrow88](https://www.mineralrightsforum.com/u/marrow88) #### Post date: [October 9, 2018, 4:09pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/1 "2018-10-09T16:09:23Z")
Hi everyone, Does anyone know what the going rate is for this area? I am getting offers like crazy and I believe it is mostly because of the activity to the east plus this tract has a past well log that is publicly available. ---
### Author: ![Basey\_Hunt](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/3ec8ea/32.png) [@Basey\_Hunt](https://www.mineralrightsforum.com/u/Basey_Hunt) #### Post date: [November 28, 2018, 12:22am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/2 "2018-11-28T00:22:04Z")
I was offered $10K/NMA in Section 23. ---
### Author: ![M\_B](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_b/32/12344_2.png) [@M\_B](https://www.mineralrightsforum.com/u/M_B) #### Post date: [November 28, 2018, 12:27am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/3 "2018-11-28T00:27:41Z")
Hello Basey, Out of curiosity, was the offer for lease, or for purchase? My spot is nearby, so I’m trying to gauge what’s going on in the area. Best, M ---
### Author: ![Basey\_Hunt](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/3ec8ea/32.png) [@Basey\_Hunt](https://www.mineralrightsforum.com/u/Basey_Hunt) #### Post date: [November 28, 2018, 12:39am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/4 "2018-11-28T00:39:56Z")
Lease - if it were to buy, I’d want around $30-$40K per acre, though selling is not an option. ---
### Author: ![Brenda\_Johnson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/b782af/32.png) [@Brenda\_Johnson](https://www.mineralrightsforum.com/u/Brenda_Johnson) #### Post date: [November 28, 2018, 12:50am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/5 "2018-11-28T00:50:42Z")
I would hold out for more - leasing a section a few months ago for $12K and now my sister is getting offers of $20K. ---
### Author: ![Basey\_Hunt](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/3ec8ea/32.png) [@Basey\_Hunt](https://www.mineralrightsforum.com/u/Basey_Hunt) #### Post date: [November 28, 2018, 12:52am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/6 "2018-11-28T00:52:54Z")
What’s your net acreage if I might ask, Brenda? I’m holding out for more also but only have a handful. ---
### Author: ![Brenda\_Johnson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/b782af/32.png) [@Brenda\_Johnson](https://www.mineralrightsforum.com/u/Brenda_Johnson) #### Post date: [November 30, 2018, 4:46am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/7 "2018-11-30T04:46:54Z")
I have like 3.7 acres in one tract and 6.7 acres in another. I would need to know if the area is PSL, or HG&N or Toyah… Do you know what area your acreage is in? ---
### Author: ![Kathy9](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/858c86/32.png) [@Kathy9](https://www.mineralrightsforum.com/u/Kathy9) #### Post date: [November 30, 2018, 11:28am UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/8 "2018-11-30T11:28:26Z")
From $12k to $20k now to lease? Wow, how the market has changed in certain areas. What would those same interests sell for (per NMA)? Anyone with mineral sales experience know? ---
### Author: ![Brenda\_Johnson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/b782af/32.png) [@Brenda\_Johnson](https://www.mineralrightsforum.com/u/Brenda_Johnson) #### Post date: [November 30, 2018, 6:35pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/9 "2018-11-30T18:35:31Z")
Lawrence posted a short while ago that we may see $50K for LEASE name. So, I would never sell. ---
### Author: ![William\_Sweeney](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/c77e96/32.png) [@William\_Sweeney](https://www.mineralrightsforum.com/u/William_Sweeney) #### Post date: [December 2, 2018, 4:13pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/10 "2018-12-02T16:13:10Z")
What does NMA stand for? Thank you. ---
### Author: ![Rick5](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/57b2e6/32.png) [@Rick5](https://www.mineralrightsforum.com/u/Rick5) #### Post date: [December 2, 2018, 5:10pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/11 "2018-12-02T17:10:50Z")
NMA = net mineral acres. This is the percent acreage you actually own from the acres being leased. ---
### Author: ![William\_Sweeney](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/c77e96/32.png) [@William\_Sweeney](https://www.mineralrightsforum.com/u/William_Sweeney) #### Post date: [December 2, 2018, 5:34pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/12 "2018-12-02T17:34:51Z")
Thank you very much. ---
### 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, 5:08pm UTC](https://www.mineralrightsforum.com/t/section-20-block-c9/34854/13 "2025-01-11T17:08:15Z")