# Section 28 T15S R 37E **URL:** https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669 **Category:** Lea County, NM **Created:** [June 8, 2017, 2:14am UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669 "2017-06-08T02:14:16Z") **Posts on this page:** 9 **Page:** 1
### Author: ![Jim\_Taylor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/b782af/32.png) [@Jim\_Taylor](https://www.mineralrightsforum.com/u/Jim_Taylor) #### Post date: [June 8, 2017, 2:14am UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/1 "2017-06-08T02:14:16Z")
Has anyone had any leasing interest in this section? What terms have been offered? ---
### Author: ![paul\_tabor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/8baadc/32.png) [@paul\_tabor](https://www.mineralrightsforum.com/u/paul_tabor) #### Post date: [June 8, 2017, 8:43pm UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/2 "2017-06-08T20:43:40Z")
Have 15S 37E Section 29 and have a renewal offer lease for 500 an acre and 1/4 royalty that we turned down. We still have a lease in place until October at 600 & 1/4. Both are 3 year leases. ---
### Author: ![Jim\_Taylor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/b782af/32.png) [@Jim\_Taylor](https://www.mineralrightsforum.com/u/Jim_Taylor) #### Post date: [June 9, 2017, 12:18pm UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/3 "2017-06-09T12:18:43Z")
Thank you, Paul. By any chance were your leases with Turner Oil and Gas? ---
### Author: ![paul\_tabor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/8baadc/32.png) [@paul\_tabor](https://www.mineralrightsforum.com/u/paul_tabor) #### Post date: [August 3, 2017, 12:42am UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/4 "2017-08-03T00:42:28Z")
Now have an offer for 700 NMA & 1/4 royalty for 3 year and no option to extend ---
### Author: ![Jim\_Taylor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/b782af/32.png) [@Jim\_Taylor](https://www.mineralrightsforum.com/u/Jim_Taylor) #### Post date: [August 3, 2017, 1:17am UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/5 "2017-08-03T01:17:43Z")
Thanks Paul. Would you share who made you the offer? Thanks, Jim ---
### Author: ![paul\_tabor](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/p/8baadc/32.png) [@paul\_tabor](https://www.mineralrightsforum.com/u/paul_tabor) #### Post date: [August 3, 2017, 6:10pm UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/6 "2017-08-03T18:10:19Z")
Turner Oil & Gas in Oklahoma City and we are still reviewing their offer ---
### Author: ![Jamie\_barry](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/977dab/32.png) [@Jamie\_barry](https://www.mineralrightsforum.com/u/Jamie_barry) #### Post date: [September 7, 2017, 6:05pm UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/7 "2017-09-07T18:05:03Z")
Have Section 21, 31. Have an offer of $500 with 1/4 Royalty, what have been some other offers? ---
### Author: ![Lee2](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/lee2/32/1308_2.png) [@Lee2](https://www.mineralrightsforum.com/u/Lee2) #### Post date: [January 12, 2018, 12:22am UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/8 "2018-01-12T00:22:05Z")
We own small interests in T15S R38E and just got an offer for $250 pnm + 25% royalty. Seems a little low compared to your offer, Paul’s and Jamie’s. Will keep updating on progress… ---
### 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, 10:26pm UTC](https://www.mineralrightsforum.com/t/section-28-t15s-r-37e/2669/9 "2018-08-14T22:26:07Z")