# Section 25-8N-5W **URL:** https://www.mineralrightsforum.com/t/section-25-8n-5w/2996 **Category:** Grady County, OK **Created:** [April 18, 2017, 1:08pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996 "2017-04-18T13:08:22Z") **Posts on this page:** 19 **Page:** 1
### Author: ![Val\_C\_Carter](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/49beb7/32.png) [@Val\_C\_Carter](https://www.mineralrightsforum.com/u/Val_C_Carter) #### Post date: [April 18, 2017, 1:08pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/1 "2017-04-18T13:08:22Z")
I have 5 acres leased by Newfield at 1/5. Do I have opinions of what this would sell for per net mineral acre? Val Carter ---
### Author: ![Bud](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/bcef8e/32.png) [@Bud](https://www.mineralrightsforum.com/u/Bud) #### Post date: [April 18, 2017, 2:12pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/2 "2017-04-18T14:12:14Z")
I would start at $25,000 to $30,000 per acre. Looks like leases are in the $7,000 range per acre. ---
### Author: ![Val\_C\_Carter](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/49beb7/32.png) [@Val\_C\_Carter](https://www.mineralrightsforum.com/u/Val_C_Carter) #### Post date: [April 18, 2017, 2:13pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/3 "2017-04-18T14:13:45Z")
Are you kidding??? ---
### Author: ![Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_l_hutchinson/32/4582_2.png) [@Gary\_L\_Hutchinson](https://www.mineralrightsforum.com/u/Gary_L_Hutchinson) #### Post date: [April 18, 2017, 3:37pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/4 "2017-04-18T15:37:23Z")
Val, Buyers will pay up to a transaction amount that will give them a profit based on their estimate of proven oil resources in the ground and the buyer’s risk aversity. If you don’t know the first, how can you expect to get Fair Market Value? Buyers won’t offer to pay their secret top price for a parcel unless you demand it. If a seller uses averages to decide, they are sure to lose. Science found the oil and science is the best tool to use in selling or buying the oil in the ground. ---
### Author: ![Stephen\_Weeks](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/b9e5f3/32.png) [@Stephen\_Weeks](https://www.mineralrightsforum.com/u/Stephen_Weeks) #### Post date: [April 18, 2017, 10:18pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/5 "2017-04-18T22:18:25Z")
Pooling bonuses in this township have varied between $1250 and $2000 per acre at 1/5. Pooling bonuses in the township to the east have been lower. ---
### Author: ![Val\_C\_Carter](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/49beb7/32.png) [@Val\_C\_Carter](https://www.mineralrightsforum.com/u/Val_C_Carter) #### Post date: [April 18, 2017, 10:51pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/6 "2017-04-18T22:51:19Z")
Thanks, Stephen. ---
### Author: ![Bud](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/bcef8e/32.png) [@Bud](https://www.mineralrightsforum.com/u/Bud) #### Post date: [April 20, 2017, 6:04pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/7 "2017-04-20T18:04:03Z")
You can always go down in price, but it sure is hard to go up. Why not take offers from buyers, and let the buyers know when they have been outbid – don’t fall for “what will it take to get this deal done” line. Tell them the highest price. Also, be careful about finalizing the deal, I keep getting higher offers later than the final date I set. The investors decide they can go higher after all. And don’t hesitate to tell them what your highest bid currently is. You have to work it a bit – but can be worth it – Now for myself I will never sell - too much profit for the buyer - I would rather have the opportunity for that profit going to my family. ---
### Author: ![John\_E\_Broyles](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/5e9695/32.png) [@John\_E\_Broyles](https://www.mineralrightsforum.com/u/John_E_Broyles) #### Post date: [April 24, 2017, 9:05pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/8 "2017-04-24T21:05:54Z")
Ask Gary to pay you $25,000.00 per acre. ---
### Author: ![r\_w\_kennedy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/3ec8ea/32.png) [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy) #### Post date: [April 24, 2017, 10:19pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/9 "2017-04-24T22:19:49Z")
I didn’t see where Gary mentioned anything about $25,000 per acre? ---
### Author: ![C\_Ryan](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/d07c76/32.png) [@C\_Ryan](https://www.mineralrightsforum.com/u/C_Ryan) #### Post date: [April 26, 2017, 3:57am UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/10 "2017-04-26T03:57:09Z")
Val and others - I’ve an offer for $2500 per acre for S2 S2 SE4 of Section 25-8N-5W acreage, for a 10 net acres. Does that sound reasonable? ---
### Author: ![Bud](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/bcef8e/32.png) [@Bud](https://www.mineralrightsforum.com/u/Bud) #### Post date: [April 26, 2017, 1:36pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/11 "2017-04-26T13:36:46Z")
Is this a lease? If a lease I would ask for 4000 at 1/5… Do you have others also giving you offers? There appears to be 10 or more landmen/companies currently looking for leases in this Township. ---
### Author: ![Christian\_Taylor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/e9bcb4/32.png) [@Christian\_Taylor](https://www.mineralrightsforum.com/u/Christian_Taylor) #### Post date: [May 3, 2017, 3:45pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/12 "2017-05-03T15:45:40Z")
No, you should be able to get much more. Please email me if you would like to discuss. [Christian@unitedoilgas.com](mailto:Christian@unitedoilgas.com) ---
### Author: ![Bud](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/bcef8e/32.png) [@Bud](https://www.mineralrightsforum.com/u/Bud) #### Post date: [May 3, 2017, 9:09pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/13 "2017-05-03T21:09:58Z")
New lease just went for $6,100 at 1/5 per acre. ---
### Author: ![Val\_C\_Carter](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/49beb7/32.png) [@Val\_C\_Carter](https://www.mineralrightsforum.com/u/Val_C_Carter) #### Post date: [May 3, 2017, 10:47pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/14 "2017-05-03T22:47:24Z")
Wish I wasn’t leased but so appreciate the info!!! As you initially said, lets you know how low the initial purchase price of 7,000 was. Val ---
### Author: ![Craig\_Marietta](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/f19dbf/32.png) [@Craig\_Marietta](https://www.mineralrightsforum.com/u/Craig_Marietta) #### Post date: [May 10, 2017, 2:14am UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/15 "2017-05-10T02:14:15Z")
Just out of curiosity, where do you get this information? ---
### Author: ![Val\_C\_Carter](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/v/49beb7/32.png) [@Val\_C\_Carter](https://www.mineralrightsforum.com/u/Val_C_Carter) #### Post date: [May 10, 2017, 12:00pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/16 "2017-05-10T12:00:55Z")
On this site. ---
### Author: ![Craig\_Marietta](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/f19dbf/32.png) [@Craig\_Marietta](https://www.mineralrightsforum.com/u/Craig_Marietta) #### Post date: [May 10, 2017, 1:31pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/17 "2017-05-10T13:31:13Z")
For those of you in this Township receiving lease offers, are you getting multiple offers over the last few months or does it seem to be one company offering the leases? ---
### Author: ![Bud](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/b/bcef8e/32.png) [@Bud](https://www.mineralrightsforum.com/u/Bud) #### Post date: [May 10, 2017, 2:34pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/18 "2017-05-10T14:34:43Z")
About 20 different landmen calling - ---
### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system) #### Post date: [August 14, 2018, 10:31pm UTC](https://www.mineralrightsforum.com/t/section-25-8n-5w/2996/19 "2018-08-14T22:31:29Z")