# What's the lease rate for net mineral acre in my area?
**URL:** https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714
**Category:** Howard County, TX
**Created:** [May 31, 2017, 11:12pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714 "2017-05-31T23:12:21Z")
**Posts on this page:** 7
**Page:** 1
### Author:  [@Alison\_Wilson](https://www.mineralrightsforum.com/u/Alison_Wilson)
#### Post date: [May 31, 2017, 11:12pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/1 "2017-05-31T23:12:21Z")
I recently got a lease offer of $2500 per net mineral acre in Section 26, Block 31, Township 2 North, T&P RR Co. Survey, A-1061, Howard County, Texas. I own 20.09375 Net Mineral Acres in that area. The offer is from Grenadier Energy Partners II, LLC. What’s the going rate per lease acre in my area and has anyone dealt with this company in the past? Thank you for your help.
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### Author:  [@Robert\_Guin](https://www.mineralrightsforum.com/u/Robert_Guin)
#### Post date: [June 1, 2017, 1:02am UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/2 "2017-06-01T01:02:56Z")
Hi Alison, we just signed with Grenadier for $3500 an acre. I think our property is fairly near yours. Grenadier has been fine to deal with so far.
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### Author:  [@Alison\_Wilson](https://www.mineralrightsforum.com/u/Alison_Wilson)
#### Post date: [June 1, 2017, 1:46am UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/3 "2017-06-01T01:46:48Z")
Thank you Robert
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### Author:  [@Guy\_L\_Fuller](https://www.mineralrightsforum.com/u/Guy_L_Fuller)
#### Post date: [June 6, 2017, 3:20pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/4 "2017-06-06T15:20:34Z")
Allison, we are aware of recent offers, in your immediate vicinity, of $4500 per acre.
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### Author:  [@Alison\_Wilson](https://www.mineralrightsforum.com/u/Alison_Wilson)
#### Post date: [June 6, 2017, 3:45pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/5 "2017-06-06T15:45:15Z")
Thank you, guys! I got $4000 per NMA. I think that was fair.
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### Author:  [@JOHN\_W.B\_McDaniel](https://www.mineralrightsforum.com/u/JOHN_W.B_McDaniel)
#### Post date: [June 27, 2017, 8:07pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/6 "2017-06-27T20:07:23Z")
Hi Allison,
I have recently been approached as well in the exact same area and I was wondering if you might be willing to speak on the phone?
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:26pm UTC](https://www.mineralrightsforum.com/t/whats-the-lease-rate-for-net-mineral-acre-in-my-area/2714/7 "2018-08-14T22:26:57Z")