Can anyone tell me recent amounts of $igning Bonus/Consideration per acre in Tioga County, PA?

I've been offered $500/acre + 15% royalty for a five (5) year lease on two parcels I own in Tioga County, PA. It seems low to me but I don't know the going rate of late and would love to. Can anyone share with me any recent amounts of $igning Bonus/Consideration rates per acre in Tioga County, PA? Thanks in advance.

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15% WITH OR WITHOUT DEDUCTIONS

SHELL (SWEPI)................? What township in Tioga county

I can share that my lease was signed almost three ago for 2,500 an acre.

Thank you. That is very kind of you. I realize that markets fluctuate but that amount is more in keeping with I am going to hold out for.

State minimum percentage is 12.5%. Everyone has to get that. IF the well turns out to be a big producer, then that figure is far more important than the per acre fee. If, of course, the well isn't profitable, the per acre price is all we get. It's all a gamble. But there's more activity going on than most people realize. Quietly. 

Actually, in the wake of Kilmer, PA state minimum percentage is 12.5% before deductions.  So a lease specifying "no deductions" will net the Lessor 12.5%.  Leases allowing Lessee to make deductions might easily net the Lessor less than 12.5%.  

thanks, Frank, I should have mentioned that as well. 

Thank you.

Monte, If it were me I would start high. ($5000/acre 20% royalty for not more than 5 yrs if they don't drill) You can always settle for less. If they choose your area they must feel it has value. But you have to remember the terms in the lease are the most important. You should have a good O/G attorney advise you.

Thank you, great minds think alike! Both parcels have been litigated previously since 2010 and now this low ball offer, but their actions suggest special value. One a quiet claim against me that failed and the other a DOGA forced on us two years ago during No Leasing period, which we got out of. They obviously think there is special value in the unit they are trying to put together.
$1500/13.5%/10years in Westfield Township
Thank you! If you don't mind, when was this?
October 2014

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