How much to buy mineral rights for our property

We have been given the option to buy half of our mineral rights for our 40 acres in Choctaw County. It had a lease back in 2008 but it did not produce anything. How much would it be worth for half of the non producing mineral rights?

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Really, not much. The last oil and gas lease taken in all of Choctaw County was in 2019. So, maybe, $50 x 20 = $1000.00. Even then you’re probably overpaying

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Tim is spot on, but if you can buy them, I’d highly suggest you do! Good luck!

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Ive got 320 acres of minerals on one of my farms that had a dry well drilled on it that I would sell for $50 an acre in a heartbeat to invest in something else. I was going to say $5-10 an acre. To the OP, youd have better luck investing the money into a stock and making money