I just received a lease for oil/gas. Can anyone give me some sound advise as to what is the going rate for royalty and signing bouns per net acre are. The land is in Weld County Co.
Where is your land in Weld county. Location is key.
TOWNSHIP 5 NORTH, RANGE 66 WEST. 6TH P.M.
scott gray said:
Where is your land in Weld county. Location is key.
Joann,
What section are your minerals located. That is the key!
Hi,
We are at 9-10n-58W and received a lease offer for 500per acre, 3/16 royalty, 3/2. What did you get?
We have minerals under T8N, R59W. We're currently being offered $500 bonus, 1/6 royalty, 3/2. We haven't negotiated a deal yet, but we won't take 1/6 royalty. Unsure about bonus rate. Any suggestions?
The oil company seems to have stuck at the 500 bonus and 3/16 royalty so far with us. Whom are you dealing with?
The rep is with Exterra Resources, but I don't think they're the operators. Maybe Noble Energy? We've been talking to the rep since April. Which company are you dealing with?
Contex Energy first but the lease will be with Whiting Oil.
How do you contact Noble, Contex, or Whiting if you have rights you would lile to lease? Do they call you or is there a way to contact them to see if they are interested?
I might be able to get you a better offer if you want to contact me. I am a board member for the National Association of Royalty Owners and have worked in the business for over 34 years.
Michelle
We have an offer from Noble Oil on Township 5, N Range 66, W. 6th P.M> Section 08.
JUst trrying to learn more about this, our offer is good for 45 days. This at one time was my great grandmothers property and they held onto the mineral rights there. Any help would be appreciated.
Thank YOU very much