General going rates for lease and royalties

Oklahoma Mineral Rights Payne County, OK
1

I inherited mineral rights in Payne county. I would like to know the general going rates for lease and royalties. it’s identified as Lot 3 & NE/4 NW/4 & W2 NW/4, Section 35 Township 19N, Range 5E

2

Hello Tracy, I have minerals in Payne also but I don’t know of any activity there right now. The last lease that I had was around 1200.00 an acre, but that was around 10 years ago. Maybe someone else will have later info.

Roy

3

The only leasing in that township has been in section 18 early in 2021. It Royalty rate was 3/16ths. Bonus was not public.

4

Thank you for responding Roy!

5

Thanks for responding!

6

I also have mineral rights in Payne County in Section 4, Section 7, and Section 20. I have no correspondence on any of them since in Nov. 2014. I keep hoping and waiting for some activity.

7

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