# Section 9, Township 15 North, Range 10W
**URL:** https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597
**Category:** Blaine County, OK
**Created:** [January 11, 2017, 11:47pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597 "2017-01-11T23:47:09Z")
**Posts on this page:** 9
**Page:** 1
### Author:  [@Diane\_Jones](https://www.mineralrightsforum.com/u/Diane_Jones)
#### Post date: [January 11, 2017, 11:47pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/1 "2017-01-11T23:47:09Z")
I have an older mineral deed in which I receive a 1/4% royalty. I own 3.33 acres and have been offered $11,000.00 per acre. Is this a fair offer?
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### Author:  [@Huey\_Paxton](https://www.mineralrightsforum.com/u/Huey_Paxton)
#### Post date: [January 12, 2017, 3:14pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/2 "2017-01-12T15:14:55Z")
Not enough. Been seeing 1/4 royalty deals in this area changing hands at $20,000/acre.
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### Author:  [@John\_E\_Broyles](https://www.mineralrightsforum.com/u/John_E_Broyles)
#### Post date: [January 15, 2017, 6:21pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/3 "2017-01-15T18:21:37Z")
In 9 15-10??? 20,000 and 1/4th???
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### Author:  [@Diane\_Jones](https://www.mineralrightsforum.com/u/Diane_Jones)
#### Post date: [January 16, 2017, 1:54pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/4 "2017-01-16T13:54:38Z")
The royalty on this mineral deed is 1/8 not 1/4, which of course is a huge difference. Sorry for the mistake.
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [January 16, 2017, 2:12pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/5 "2017-01-16T14:12:18Z")
Diane, Mineral deeds don’t have royalty, oil & gas leases do.
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### Author:  [@Huey\_Paxton](https://www.mineralrightsforum.com/u/Huey_Paxton)
#### Post date: [January 16, 2017, 2:36pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/6 "2017-01-16T14:36:07Z")
To sell? Absolutely.
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### Author:  [@Huey\_Paxton](https://www.mineralrightsforum.com/u/Huey_Paxton)
#### Post date: [January 16, 2017, 2:37pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/7 "2017-01-16T14:37:51Z")
$11,000 is higher than I’ve seen for the most part for 1/8. Whether that’s fair (or enough) is up to you, but it’s a good offer. Who’s it from?
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### Author:  [@Ben\_Blake](https://www.mineralrightsforum.com/u/Ben_Blake)
#### Post date: [February 7, 2017, 6:43pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/8 "2017-02-07T18:43:55Z")
Huey, can you tell me who is offering that price?
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:40pm UTC](https://www.mineralrightsforum.com/t/section-9-township-15-north-range-10w/3597/9 "2018-08-14T22:40:50Z")