Mr. Pell, the drilling of a well and production of the minerals are considerations/moving forces in an oil and gas lease. The bonus for a paid up lease or delay rentals are to be paid to you to allow the operator to delay drilling the well. Shut in royalty is the agreed rental payment for the priviledge of not producing. To me, $25 quarterly per acre would be reasonable but most important would be that the shut in would not be for more than 2 years cumulative or the lease expires. I believe that this would be a reasonable incentive to the lessee/operator to produce. Your minerals and the lease of them do you little good if the operator can hold your lease for 30 years at a rate of $1 per acre per year, especially since you have leased the minerals, what was your appreciating asset has now become the lessee’s appreciating asset. It’s like owning gold, if the price goes up the lessee makes money. As the lessor you only have a royalty interest in the production so you only make money when there is production. Don’t let them sit on your minerals for decades for virtually nothing. Good luck.