# Section 34 T21S R33E Lea County

**URL:** https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694
**Category:** Lea County, NM
**Created:** [July 23, 2018, 3:43pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694 "2018-07-23T15:43:23Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Rick5](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/57b2e6/32.png) [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [July 23, 2018, 3:43pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/1 "2018-07-23T15:43:23Z")

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We received an offer for Section 34 Township 21S Range 33E for 1k an acre from Fortris (sp) energy. Have not countered yet…any suggestions there is one producing well on the interest. Fortris wants to lease deeper depths and acreage not tied up in the well. This is in Lea County. Thanks.

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### Author: ![Rick5](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/57b2e6/32.png) [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [September 9, 2018, 5:32pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/2 "2018-09-09T17:32:37Z")

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We have agreed to the terms of the lease with Fortress. The terms are ¼ royalty, $2500.00 per NMA, 3 year term, our addendum in its entirety.

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### 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 20, 2018, 6:54pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/3 "2018-12-20T18:54:11Z")

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Fortress wants to change the lease agreement, so we renegotiated the bonus to 10K PNMA. The deal will be consummated after the new year. We have way too huge a tax liability on other lease bonuses for 2018!

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### 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: [December 20, 2018, 7:34pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/4 "2018-12-20T19:34:28Z")

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Rick, I may have missed it, but if your addendum was generally applicable to leases (and not specific to your property), would you be willing to post your verbiage? Thanks, Jim

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### Author: ![Rick5](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/57b2e6/32.png) [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [August 9, 2019, 10:56pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/5 "2019-08-09T22:56:00Z")

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We are receiving numerous offers to purchase this interest. Perhaps Marathon spudding three wells on the interest in June has something to do with it. Highest offer is 33K pnma.

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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, 6:35pm UTC](https://www.mineralrightsforum.com/t/section-34-t21s-r33e-lea-county/29694/6 "2025-01-11T18:35:27Z")

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