# Value of mineral rights in Section 35 10 N. 6 W
**URL:** https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696
**Category:** Grady County, OK
**Created:** [August 30, 2018, 12:13am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696 "2018-08-30T00:13:06Z")
**Posts on this page:** 6
**Page:** 1
### Author:  [@roadjems1](https://www.mineralrightsforum.com/u/roadjems1)
#### Post date: [August 30, 2018, 12:13am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/1 "2018-08-30T00:13:06Z")
Hi, I’m new to this forum, & have some questions about the activity going on in Grady County. My mineral rights are leased at this time, & the company has been approved for increased well density in 5 wells. What does this actually mean? I have numerous offers to buy my mineral rights & wonder if anyone knows what the going rates are at this time? Any information would be helpful. Thank you.
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### Author:  [@Jeffrey\_Beunier](https://www.mineralrightsforum.com/u/Jeffrey_Beunier)
#### Post date: [August 30, 2018, 12:29am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/2 "2018-08-30T00:29:15Z")
Increased density means that the operator has requested permission from the regulators to drill more wells in a unit than what previously was allowed. They do this to increase the recovery of oil and gas. This is a very good thing for you.
I received a request earlier today from someone to look at some acreage not far from you - Township 10 North Range 6 West (a couple of different Sections) but close to your acreage. I will see what I come up with and how your acreage compares then circle back.
Are you leased at 3/16ths or a different royalty rate?
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### Author:  [@roadjems1](https://www.mineralrightsforum.com/u/roadjems1)
#### Post date: [August 30, 2018, 12:48am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/3 "2018-08-30T00:48:34Z")
I’m leased at 3/16ths. I have about 10 acres that I inherited from my parents. Thank you for your quick response. I’m trying to find out everything I can.
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### Author:  [@switchplay](https://www.mineralrightsforum.com/u/switchplay)
#### Post date: [March 13, 2019, 12:17am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/4 "2019-03-13T00:17:49Z")
Hello, I am also trying to determine the “going rate” for a mineral lease. My brothers and I have 7.5 acres located in Grady County Section 22, Township 03 North Range 07 West E/2 E/2 W/2 and W/2 E/2. We have been offered a lease with a signing bonus of $400 per acre (3 year term) and a 3/16 royalty. From what I read here, the 3/16 seems about average - I’m more concerned about the $400 per acre as that seems low to me. All comments are appreciated! Thx!
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### Author:  [@Michael\_Hutchison](https://www.mineralrightsforum.com/u/Michael_Hutchison)
#### Post date: [March 13, 2019, 1:15am UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/5 "2019-03-13T01:15:49Z")
Switchplay, there’s nothing going on in that section right now but unless you need the money I would wait for better offers. Within 3 years there could be some action in the area and that $400 could be way under value.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:11pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights-in-section-35-10-n-6-w/32696/6 "2025-01-11T18:11:29Z")