# What is oil leasing going for
**URL:** https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795
**Category:** Fisher County, TX
**Created:** [August 12, 2021, 12:56pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795 "2021-08-12T12:56:09Z")
**Posts on this page:** 15
**Page:** 1
### Author:  [@The3kidds](https://www.mineralrightsforum.com/u/The3kidds)
#### Post date: [August 12, 2021, 12:56pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/1 "2021-08-12T12:56:09Z")
What is oil leasing going for around here. N/W and S/E of Rotan. Any drilling going.
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### Author:  [@Tyler\_M](https://www.mineralrightsforum.com/u/Tyler_M)
#### Post date: [August 12, 2021, 5:43pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/2 "2021-08-12T17:43:11Z")
There is a ton of drilling near by. What is the block and section of the ownership? This play has extremely high volatility from section to section.
On the lease front I have heard rumors of offer but I havent seen one myself but I would bet they are around $400/NMA for 20% royalty and 3 year primary with 2 year extension.
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### Author:  [@Rick5](https://www.mineralrightsforum.com/u/Rick5)
#### Post date: [August 16, 2021, 12:00am UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/3 "2021-08-16T00:00:06Z")
Hello Tyler,
Our attorney negotiated the terms of a lease in Fisher county recently. The company has not yet approved the lease language our attorney sent but he did negotiate the terms. Those were 25% royalty, $200 per net mineral acre and a three year lease. Our attorney sent his lease for approval and we have not heard back.
Good luck.
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### Author:  [@The3kidds](https://www.mineralrightsforum.com/u/The3kidds)
#### Post date: [August 22, 2021, 3:23am UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/4 "2021-08-22T03:23:23Z")
Sec 110. Block 2. Just checking if much activity was going on.
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### Author:  [@Tyler\_M](https://www.mineralrightsforum.com/u/Tyler_M)
#### Post date: [October 4, 2021, 3:23pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/5 "2021-10-04T15:23:21Z")
Great news you have a well that is phenomenal like 2 miles west. That doesnt mean much for your section besides that the play is moving closer to your property. Did you lease to Browning or Clearfork? They seem to know the boundaries of the play pretty intimately.
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### Author:  [@Tyler\_M](https://www.mineralrightsforum.com/u/Tyler_M)
#### Post date: [October 4, 2021, 3:24pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/6 "2021-10-04T15:24:15Z")
Seems about right. Reduction in upfront money in order to get a 25% lease and no 2 year extension. Cross some fingers they accept the lease language!
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### Author:  [@Ruthera](https://www.mineralrightsforum.com/u/Ruthera)
#### Post date: [October 19, 2021, 12:30pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/7 "2021-10-19T12:30:40Z")
Hi there! I’m new to this forum and new to oil and gas mineral rights. My family has 25% of 75 acres in section 63, block 1 on Fisher County. We’ve been offered $75 per mineral acre bonus and 3/16 royalties. Does anyone know the going rate for leases in this area? This is a “paid-up” lease, and lots of talk about “shut-in royalties.” (I need to read more about all of that.) Any information and advice would be greatly appreciated!
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### Author:  [@codybee](https://www.mineralrightsforum.com/u/codybee)
#### Post date: [October 19, 2021, 7:26pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/8 "2021-10-19T19:26:03Z")
Ruthera, do you mind sharing who is making the offer? That seems pretty low for recent leasing in the county. But that could be depending on who the operator is, what they’re targeting, etc. If it is one of the known horizontal Strawn operators I think you could get them to raise the offer some. But I’m unaware of any activity in your immediate area.
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### Author:  [@Tarheeljosh](https://www.mineralrightsforum.com/u/Tarheeljosh)
#### Post date: [October 25, 2021, 2:48pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/9 "2021-10-25T14:48:51Z")
Good morning,
We have an interest in the Southeast quarter of Section 50, Block 1 and I’ve now heard from 3 different groups seeking leases. the only draft lease I’ve seen was $150 per acre, 3/16 royalty, 3 year w/ 2 year extension option. Does anyone have a feel for that section and how this offer positions itself?
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### Author:  [@Tyler\_M](https://www.mineralrightsforum.com/u/Tyler_M)
#### Post date: [October 26, 2021, 10:50pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/10 "2021-10-26T22:50:14Z")
Sounds pretty competative. Depends who made the offer. I would guess both of yall got offers from Peregrine. They are drilling out there now near the property.
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### Author:  [@Ruthera](https://www.mineralrightsforum.com/u/Ruthera)
#### Post date: [October 28, 2021, 1:41pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/11 "2021-10-28T13:41:19Z")
Hi everyone, thanks for the information. The company is 5L properties out of Breckenridge. Has anyone worked with them before?
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### Author:  [@Eddy\_Gibson](https://www.mineralrightsforum.com/u/Eddy_Gibson)
#### Post date: [October 28, 2021, 4:04pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/12 "2021-10-28T16:04:20Z")
Yes we leased to them almost 2 years ago, not drilled to date.
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### Author:  [@Ruthera](https://www.mineralrightsforum.com/u/Ruthera)
#### Post date: [October 29, 2021, 11:40am UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/13 "2021-10-29T11:40:18Z")
Eddy-Gibson - do you think the offer of $75 per mineral acre and 3/16 is low? Thanks!
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### Author:  [@Eddy\_Gibson](https://www.mineralrightsforum.com/u/Eddy_Gibson)
#### Post date: [October 29, 2021, 1:02pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/14 "2021-10-29T13:02:55Z")
Considering the nearby activity, I do. ($75.00 PNA is low)
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [November 10, 2021, 12:57pm UTC](https://www.mineralrightsforum.com/t/what-is-oil-leasing-going-for/62795/15 "2021-11-10T12:57:08Z")
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