# What have you been offered for your rights?

**URL:** https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341
**Category:** Canadian County, OK
**Created:** [July 31, 2017, 5:58pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341 "2017-07-31T17:58:32Z")
**Posts on this page:** 8
**Page:** 1

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### Author: ![K11](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/k/8dc957/32.png) [@K11](https://www.mineralrightsforum.com/u/K11)
#### Post date: [July 31, 2017, 5:58pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/1 "2017-07-31T17:58:32Z")

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What have you been offered for rights on 13-5 and 11-5? Worth selling?

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### Author: ![Ryley\_Mitchell](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/258eb7/32.png) [@Ryley\_Mitchell](https://www.mineralrightsforum.com/u/Ryley_Mitchell)
#### Post date: [July 31, 2017, 6:02pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/2 "2017-07-31T18:02:04Z")

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5 West is where you really see a decline compared to say 13N-6W etc. However, I still believe you should be able to get somewhere between 3k-4.5k per acre if you find the right buyer.

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### Author: ![Lisa\_Hare](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/l/258eb7/32.png) [@Lisa\_Hare](https://www.mineralrightsforum.com/u/Lisa_Hare)
#### Post date: [August 1, 2017, 4:06pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/3 "2017-08-01T16:06:40Z")

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Ryley,

What is the going price to sell for NMA in Township 13N Range 6W?

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### Author: ![Jonathan\_Ringler](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jonathan_ringler/32/64_2.png) [@Jonathan\_Ringler](https://www.mineralrightsforum.com/u/Jonathan_Ringler)
#### Post date: [August 2, 2017, 1:44pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/4 "2017-08-02T13:44:24Z")

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5W is a little east of the merge, so that would come into consideration on pricing and dependent on what your royalty interest is will also affect your offer. Old HBP leases are usually subject to a 1/8 royalty (newer leases being 3/16ths and better) will obviously result in a higher offer amount. Considering those variables it can be as low as $4,000/ac and maybe as high as $6,000/ac, again these are rough estimates since so many variables come into play.

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### Author: ![Casey\_Wattson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/casey_wattson/32/1783_2.png) [@Casey\_Wattson](https://www.mineralrightsforum.com/u/Casey_Wattson)
#### Post date: [August 3, 2017, 4:55am UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/5 "2017-08-03T04:55:09Z")

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Any ideas on value of 14N 6W? Had some family sell theirs and wondering how they fared.

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### Author: ![Jeffrey\_Beunier](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/e5b9ba/32.png) [@Jeffrey\_Beunier](https://www.mineralrightsforum.com/u/Jeffrey_Beunier)
#### Post date: [August 3, 2017, 4:57am UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/6 "2017-08-03T04:57:53Z")

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5W can be pretty spotty as most of the formations are much more shallow, pinch out, and historically exhibit lower productivity. There is not much in the way of HZ wells in either 11N or 13N - a few HZ Hunton in the NE of 13-5, which appear to be mediocre at best.

There is some interesting wells south of 11 in 10-5. If you can wait, you may want to let the activity come your direction before selling. I think Jonathan added some good points about the terms of the lease impacting the potential price as well, not sure what the estimated prices are based on… Ryley and Jonathan - were those actual bids you received, or saw somewhere?

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### Author: ![Jonathan\_Ringler](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jonathan_ringler/32/64_2.png) [@Jonathan\_Ringler](https://www.mineralrightsforum.com/u/Jonathan_Ringler)
#### Post date: [August 4, 2017, 1:46pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/7 "2017-08-04T13:46:27Z")

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It’s really dependent on your royalty, taking into account current/future production etc. I’ve seen as low as $4,000/ac and as high as $10,000/ac (the $10,000/ac was for a really high royalty interest might I add). Feel free to message me and I can help you out if I get a little more information on a specific interest.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:20pm UTC](https://www.mineralrightsforum.com/t/what-have-you-been-offered-for-your-rights/2341/8 "2018-08-14T22:20:42Z")

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