Hello, everyone. Does anyone have any current info to share on bonus offers? We recently received a lease proposal in Andrews Cty for $4,000/NMA. Is this in line with current market? Thx,
@JLA where in Andrews County are your minerals located? This will result in more helpful responses.
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Thank you, sir. Our minerals are in Section 22 and 27. Does that help?
@JLA what Block are your minerals located in.
JLA,
You should always include a complete property description whenever asking about leasing, bonus, etc. Just a section number is rarely enough. In Andrews County, there are over 30 Section 22’s in different areas of the County. I happen to own minerals in one of them. Mine are located in Section 22, Block A47, PSL (Public School Land). You can always use the Abstract Number, if you know it. Mine is A-758.
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