# Section 23, Block 31, T2N Bonus

**URL:** https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959
**Category:** Howard County, TX
**Created:** [February 20, 2019, 5:24pm UTC](https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959 "2019-02-20T17:24:59Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![George\_D\_Cato](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/george_d_cato/32/3578_2.png) [@George\_D\_Cato](https://www.mineralrightsforum.com/u/George_D_Cato)
#### Post date: [February 20, 2019, 5:24pm UTC](https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959/1 "2019-02-20T17:24:59Z")

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Existing lease about to expire. Current lessee wants extension. Other party wants Top Lease. What is reasonable bonus for this area? Existing lease was 3 years ago.

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### Author: ![TwoShoeBeagie7](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/ecd19e/32.png) [@TwoShoeBeagie7](https://www.mineralrightsforum.com/u/TwoShoeBeagie7)
#### Post date: [February 20, 2019, 5:37pm UTC](https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959/2 "2019-02-20T17:37:13Z")

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Is SM the current lessee? They have a permit in the NW/4 and active wells in the E/2. So I assume your minerals are in the W/2 if the lease is set to expire?

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### Author: ![George\_D\_Cato](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/george_d_cato/32/3578_2.png) [@George\_D\_Cato](https://www.mineralrightsforum.com/u/George_D_Cato)
#### Post date: [February 20, 2019, 6:35pm UTC](https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959/3 "2019-02-20T18:35:58Z")

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Sorry I didn’t specify. The SW/4 of Section 23, Block 31, Township 2 North.

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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, 5:31pm UTC](https://www.mineralrightsforum.com/t/section-23-block-31-t2n-bonus/41959/4 "2025-01-11T17:31:52Z")

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