Has there been any activity in this area lately? T15S, 37E Gross 561/nma 136 in sec 31, gross 160/nma12.5 sec 21. Should section with more acreage be a higher lease bonus?
Closest wells in 15S, 37E are in sections 1 & 2. No current activity in your sections specified.
What would be a reasonable offer to lease for 3 yrs in your opinion?
Hi Jamie, the standard section has 640 acres. Are you asking if an owner with more minerals can demand a higher price per acre than an owner with less?