# Test Well planned for 8-21N-1W
**URL:** https://www.mineralrightsforum.com/t/test-well-planned-for-8-21n-1w/3262
**Category:** Noble County, OK
**Created:** [March 8, 2017, 2:31pm UTC](https://www.mineralrightsforum.com/t/test-well-planned-for-8-21n-1w/3262 "2017-03-08T14:31:51Z")
**Posts on this page:** 3
**Page:** 1
### Author:  [@Carl\_B\_Gillette](https://www.mineralrightsforum.com/u/Carl_B_Gillette)
#### Post date: [March 8, 2017, 2:31pm UTC](https://www.mineralrightsforum.com/t/test-well-planned-for-8-21n-1w/3262/1 "2017-03-08T14:31:51Z")
Northshore Energy & Investments sent letter indicating their plans to drill a 5,300’ test well in this Section and of course offering meager lease offers ($200-$300 per nma) out of the gate. I don’t readily see any recent activity in Noble County to help guide us with their offers. Anyone hearing or seeing similar activity?
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### Author:  [@Virginia\_Pflum](https://www.mineralrightsforum.com/u/Virginia_Pflum)
#### Post date: [March 8, 2017, 11:15pm UTC](https://www.mineralrightsforum.com/t/test-well-planned-for-8-21n-1w/3262/2 "2017-03-08T23:15:41Z")
Carl,
I find $300 on the low side for Noble County. I think you should be able to get at least another $50 to $100. Right now leases are low because oil prices are low. If it would have been a couple years ago, leases were going up to $600 if there are other wells close by. Now, it’s about half of that. So, $325 to $350 should be in the ballpark if it’s a V well, but remember it can become an H well real fast. North by the airport, they have some pretty good wells, but I’m not sure how far south they are going.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:35pm UTC](https://www.mineralrightsforum.com/t/test-well-planned-for-8-21n-1w/3262/3 "2018-08-14T22:35:53Z")