Replies to This Discussion

Permalink Reply by JB BERRY on December 2, 2011 at 12:09

Re: Mineral Royalty I have producing minerals in Trees, Caddo Parish in sections 21 and 22 (Hart). I just signed a lease of 80 access due west of Vivian in Marion County at Lodi. The lease bonus paid was $300 per acre. Some here would say that is low, however, what you ask for should be balanced whereas not to make it punitive to drill. A producing well will surely reward you more for a long time, in my case, I am the fourth generation on the same lease, versus a one time paid signing bonus. On this site is a listing of drilling locations for Louisiana, and Texas for your information. If you must sell the land, but NEVER sell the mineral rights.

JB Berry

Permalink Reply by Ronald F. Adams on December 5, 2011 at 14:51

About $1000.00 per acre plus 5 times the mineral royalties for last five years.

Permalink Reply by Iris on December 10, 2011 at 12:26

Huh?  Are you pricing the land or just the mineral properties?  I would give that particular property considerably more value than $1000.00 an acre.  Reading some of your other posts, I am puzzled at your opinions.