# What is net acres vs gross **URL:** https://www.mineralrightsforum.com/t/what-is-net-acres-vs-gross/48198 **Category:** Oil and Gas Leasing Help **Created:** [July 9, 2019, 12:47am UTC](https://www.mineralrightsforum.com/t/what-is-net-acres-vs-gross/48198 "2019-07-09T00:47:17Z") **Posts on this page:** 3 **Page:** 1
### Author: ![Walter2](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/ecc23a/32.png) [@Walter2](https://www.mineralrightsforum.com/u/Walter2) #### Post date: [July 9, 2019, 12:47am UTC](https://www.mineralrightsforum.com/t/what-is-net-acres-vs-gross/48198/1 "2019-07-09T00:47:17Z")
I have an extension lease for Township 29 North Range 58 East Roosevelt County and it says 396.83 gross acres then 44.10 net acres Feb 2014. How do I find the value of this and another section? ---
### Author: ![TennisDaze](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/dbc845/32.png) [@TennisDaze](https://www.mineralrightsforum.com/u/TennisDaze) #### Post date: [July 9, 2019, 3:08am UTC](https://www.mineralrightsforum.com/t/what-is-net-acres-vs-gross/48198/2 "2019-07-09T03:08:48Z")
Gross acres are the total acres in which you own a fractional interest. The net acres are your fractional share of the gross acres. If you own 100% of 400 acres, then the gross and net acres are the same. If you own 1/2 of 400 acres, then the gross acres is 400 and the net acres is 200. If you own 1/20 of 400 acres, then you own 20 net acres. This means that one or more others own the remaining acres. A lease always uses a legal description of the gross acres in which you own an interest. However, your bonus and royalty are based on your net acres in the tract. ---
### Author: ![Kenny\_DuBose](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/kenny_dubose/32/5102_2.png) [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose) #### Post date: [July 10, 2019, 8:30pm UTC](https://www.mineralrightsforum.com/t/what-is-net-acres-vs-gross/48198/4 "2019-07-10T20:30:42Z")