# Section 5 1S 3W **URL:** https://www.mineralrightsforum.com/t/section-5-1s-3w/51559 **Category:** Carter County, OK **Created:** [September 26, 2019, 4:38am UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559 "2019-09-26T04:38:00Z") **Posts on this page:** 7 **Page:** 1
### Author: ![macwoolley-3](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/macwoolley-3/32/13723_2.png) [@macwoolley-3](https://www.mineralrightsforum.com/u/macwoolley-3) #### Post date: [September 26, 2019, 4:38am UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/1 "2019-09-26T04:38:00Z")
Anyone getting offers near this? Curious how much your offers are. Thank you. ---
### Author: ![macwoolley-3](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/macwoolley-3/32/13723_2.png) [@macwoolley-3](https://www.mineralrightsforum.com/u/macwoolley-3) #### Post date: [October 1, 2019, 5:26pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/2 "2019-10-01T17:26:21Z")
I’m getting lots of offers to purchase. Each Landman tells me they are the best offer. There is a lot of activity in this area and I’m hesitant to sell. Thoughts? ---
### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes) #### Post date: [October 1, 2019, 11:22pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/3 "2019-10-01T23:22:02Z")
There is a horizontal play developing and everyone wants a piece of the action. When I get offers, I am pretty sure the offering company is going to make a profit and I would rather have that profit. Keeping all of mine in Carter right now. ---
### Author: ![oilwell13](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/oilwell13/32/16662_2.png) [@oilwell13](https://www.mineralrightsforum.com/u/oilwell13) #### Post date: [August 24, 2020, 7:02pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/4 "2020-08-24T19:02:22Z")
I got an offer to lease on the NE NW NW of 5-1S-3W but am not sure about the company wanting to lease. It is a very small part of it but they offered $350 and 3/16 for lease. I think it’s worth more because of the area and have not leased yet. Macwoolley-3, what are some of the purchase offers for the section? ---
### Author: ![TODD\_M\_Baker](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/91b2a8/32.png) [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker) #### Post date: [August 24, 2020, 9:06pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/6 "2020-08-24T21:06:37Z")
If the lease offer includes the deeper zones of the Woodford, Springer or Mississippi, that offer is way too low. Lease offers should be at least a thousand an acre and 1/5th or even 1/4th. That can depend on the amount of acreage that you have too. And of course competition, which there isn’t much of these days. ---
### Author: ![HotRod64](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/h/a8b319/32.png) [@HotRod64](https://www.mineralrightsforum.com/u/HotRod64) #### Post date: [September 1, 2020, 10:03pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/7 "2020-09-01T22:03:11Z")
Isn’t this how capitalism works? Depending on the offer, I bet selling in October 2019 looks more attractive today than wishing and hoping for activity to come back sooner than later. ---
### 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, 6:17pm UTC](https://www.mineralrightsforum.com/t/section-5-1s-3w/51559/8 "2025-01-11T18:17:08Z")