# Township 38 North, Range 73 West, 6th P.M

**URL:** https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438
**Category:** Converse County, WY
**Created:** [October 25, 2019, 1:49am UTC](https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438 "2019-10-25T01:49:14Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![Gary\_Lyon](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_lyon/32/13390_2.png) [@Gary\_Lyon](https://www.mineralrightsforum.com/u/Gary_Lyon)
#### Post date: [October 25, 2019, 1:49am UTC](https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438/1 "2019-10-25T01:49:15Z")

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I have been approached to sell royalty rights for the following:

Section 14: S2NE Section 23: NE, SENW

While I am retired, I have no particular need to sell them. But, as I am completely ignorant of how to value them, I would greatly appreciate any advice that would help me evaluate their value.

Thanks in advance.

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### Author: ![Itsover\_In2020](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/itsover_in2020/32/13235_2.png) [@Itsover\_In2020](https://www.mineralrightsforum.com/u/Itsover_In2020)
#### Post date: [October 25, 2019, 6:38pm UTC](https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438/2 "2019-10-25T18:38:58Z")

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Hi Gary: I would start by asking if you are currently receiving any royalty checks relative to your mineral rights? I can see that there are producing wells in both Section 14 & 23. Samson seems to be active in the area with several producing wells out of the Sussex formation. I own ORRI to the north of you. The last offer I received was based on an average monthly amount I received times 36 months. I did not sell as there is more drilling to be done in the near future (depending on crude prices). Unless you need the money, I would hang on to them. In the not too distant past, $10,000/acre was not out of the question. That will also vary depending on the outlook on future crude prices. Regards, John

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### Author: ![Gary\_Lyon](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/gary_lyon/32/13390_2.png) [@Gary\_Lyon](https://www.mineralrightsforum.com/u/Gary_Lyon)
#### Post date: [October 29, 2019, 9:32pm UTC](https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438/3 "2019-10-29T21:32:54Z")

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Hi John. Thank you for the very helpful feedback and advice. - Gary

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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, 4:28pm UTC](https://www.mineralrightsforum.com/t/township-38-north-range-73-west-6th-p-m/52438/4 "2025-01-11T16:28:39Z")

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