# Value of mineral rights **URL:** https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940 **Category:** General Mineral Rights Discussion **Created:** [December 4, 2018, 11:43pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940 "2018-12-04T23:43:10Z") **Posts on this page:** 5 **Page:** 1
### Author: ![Randalhill](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/2acd7d/32.png) [@Randalhill](https://www.mineralrightsforum.com/u/Randalhill) #### Post date: [December 4, 2018, 11:43pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940/1 "2018-12-04T23:43:10Z")
I received an offer of $20,000.00 an acre. I think this is a scam deal. It was for 34 9N 7W in Grady County. Can someone help me because I’m new to this? ---
### Author: ![Randalhill](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/2acd7d/32.png) [@Randalhill](https://www.mineralrightsforum.com/u/Randalhill) #### Post date: [December 4, 2018, 11:44pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940/2 "2018-12-04T23:44:11Z")
It is leased with Continental for 54 acres at 3/16. ---
### Author: ![M\_Barnes](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/m_barnes/32/10942_2.png) [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes) #### Post date: [December 5, 2018, 3:25pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940/3 "2018-12-05T15:25:22Z")
54 net acres would be attractive to someone as it is a large parcel of acres. Be careful as some offers are teasers and then they “accidentally” find reasons to come down. Continental has a well drilling in that section. Someone wants a piece of the action. If you have no need to sell, then hang on and get the royalties yourself. The Elmer 1-3-34XHM was spud in August from section 3-8N-7W. It is most likely just about finished and they want to buy your minerals before the first checks come out. If you want to sell some, you can sell some and keep some. Remember that you will likely have capital gains tax if you sell. ---
### Author: ![jaffreyzafar](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e0b2c6/32.png) [@jaffreyzafar](https://www.mineralrightsforum.com/u/jaffreyzafar) #### Post date: [December 11, 2018, 7:40pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940/4 "2018-12-11T19:40:40Z")
Consult an oil and gas attorney. ---
### 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, 7:19pm UTC](https://www.mineralrightsforum.com/t/value-of-mineral-rights/37940/5 "2025-01-11T19:19:41Z")