Cana Woodford Shale (AKA Anadarko Woodford) - Oil & Gas Discussion archives

Hey Leon, our well is near Calumet and begin producing in mid-january, might be the same well. If you are looking for imformation about your well you might try the link in the post about 5 comments below. That will take you to the Oklahoma Corporation Commission website. You can type in the legal or the well name and find out some info. If they have began drilling your well near Geary then they should at least have the permit to drill posted.

Gary, could be. I am still having problems with the occ website. My son is going to help me today. Everything I have looked at is old. Where do they post the permit to drill?

Gary, thanks for the pics. We have not seen our well. Also, got on occ website fine and looked at our data

Hi everyone, we have one well near calumet that has been flowing since Jan. Still waiting for first check. Devon says they have until june. Also have one they are supposed to drill soon near Geary. Can not find current data on internet except Tulsa world drilling reports. Any other ideas? Leon

Leon, after you get to the OCC website and type in the legal you then need to make sure you check “bottom hole” right below where it says select county (Our well location is on the section south of where our minerals are). Once you locate the well you are looking for (sometimes there are 2 pages of wells or more) click on the little magnifying glass next to the well number. Once you get to the well page then you can find the permit to drill and other documents by clicking on the “all images” button.

I thought maybe those of you that don’t live near your well might like to see some photos of the process from drilling to completion to production.

Devon%20Well.pdf

Great pictures Gary. Thanks.

Gary thanks for the pictures. I had seen the rig, but not the fracking equipment. Wow!

Here is some interesting information about our area.

Oil/Gas/Canadian County, OK Drilling Application

Expert: Frederick M. - 4/27/2011

Question

QUESTION: i am an owner of mineral rights in sec 35 township 13 north range 9 west canadian county ok. have received paperwork from corporation commission of the state of ok on increased density and pooling, applicant devon energy. this is leased until july 2011. i live out of state and am wondering if there is any drilling in progress at this time or is this just prep work. thanks

ANSWER: There is no drilling in section 35 yet, but I’d say there’s a good
chance there will be before your lease runs out. I say that because not only have they applied to drill a well; they also force-pooled the section in January for $1250/acre and 3/16. Most of the time a company won’t bother force pooling unless they plan to drill (because it costs money to force pool.) I haven’t been out there to look in person, but they may already be moving dirt around in preparation, assuming they have a rig lined up already.

Other indications Devon or someone else will likely drill there soon is that Devon completed several pretty decent producing wells in adjacent sections 2 and 3 of 12N-9W, and 26 and 36 of 13N-9W in 2010. The adjacent wells are each producing over 1500 barrels of oil each month, and over 50,000,000 cubic feet of gas. I’d consider them all “decent” but not great wells, due mostly to the relatively low oil production.

If they don’t end up drilling by July they may ask for an extension on your lease. If they let it expire without drilling then I’d call their drilling/land department and ask why. They of course don’t HAVE to drill a well there, but with all these good indicators it would be nice to know why they chose not to if indeed that ends up being the case.

As your lease gets closer to expiration or closer to drilling, you may receive unsolicited offers in the mail (or by phone) to sell your mineral rights here (if you haven’t already.) While many offers are from legitimate companies, some companies have a history of making unreasonably HIGH offers simply to see how many people respond to them (and to frustrate the efforts of other buyers,) only to eventually lower, take forever to close, or not honor many of the offers that were accepted. The lesson here is that if you receive an UNSOLICITED offer and decide to accept it because it’s much greater than other offers you receive, just be sure to get an agreement in writing to purchase at that price before you take them off the market, and make sure the agreement includes a closing date of no more than thirty to forty-five days.

Hope this helps you out.

Frederick M. “Mick” Scott CMM RPL


---------- FOLLOW-UP ----------

QUESTION: thank you for the very informative answer covering things i would never have thought about in regards to selling and leasing…i have actually been receiving royalty checks for the past 6 months from a well in one of the other sections you mentioned which was a nice surprise, and an wondering how long these shale wells tend to be productive…any history on this?


thanks again

Answer

Shale wells tend to decline fairly rapidly in their first couple of years (as
much as 70%,) and then level off. Most will last ten years or so, depending on the area-specific geology (there are shale plays all over the country.) I think Oklahoma’s Woodford Shale wells are good for at least seven years, perhaps nine or ten. Of course they can drill more than one well on a section so as one well peters out they may drill another new one to start the process again assuming there is still enough gas left to justify a new well, and assuming gas prices at the
time justify the expense of drilling a new well (shale wells are usually more expensive than “normal” wells.)Because of current low gas prices
(natural gas that is) they are not concentrating on drilling many new shale wells in Oklahoma.

Hope this helps you out.

Frederick M. “Mick” Scott CMM RPL

here is a link to this site.


http://en.allexperts.com/q/Oil-Gas-3147/2011/4/Canadian-County-OK-D…

For those of you that don’t get “The Oklahoman” , here is a story from todays paper. Looks like Devon is impressed with the production from our area.

Devon Energy reports quarterly earnings of $416 million

Devon Energy Corp. earned $416 million, or 97 cents a share, in the first quarter as production rose 7 percent to an average of 629,000 barrels of oil equivalent a day.

BY JAY F. MARKS Oklahoman

Published: May 5, 2011

Devon Energy Corp. on Wednesday announced first quarter earnings of $416 million, or 97 cents a share.

Devon earned $1.2 billion, or $2.67 a share, in the same period of 2010. Officials attributed the decline to unrealized changes in the fair value of oil, gas and natural gas liquids derivatives.

CEO John Richels said the quarter was an outstanding one for Devon, as production rose 7 percent over the same period of last year.

“We remain fully committed to optimizing our growth on a per-share basis adjusted for debt, and in order to achieve that goal, we remain keenly focused on exercising capital discipline, maximizing our full cycle margins and maintaining a high degree of financial strength and flexibility,” he said.

Production from Devon’s continuing operations averaged 629,000 barrels of oil equivalent in the quarter, with better-than-expected results from core properties in North Texas’ Barnett Shale and western Oklahoma’s Cana-Woodford Shale.

Devon achieved record production in the play centered in Canadian County, with production increasing 120 percent over the first quarter of 2010.

Richels said Devon’s diverse asset base allows the company to easily shift its capital resources if market conditions change.

“Because we’ve always valued a liquids-to-gas balance, we already have a vast inventory of liquids opportunities including the Canadian oil sands, the Permian Basin, the Barnett Shale, the Cana-Woodford Shale and the Granite Wash,” he said.

Richels said Devon will allocate more than 90 percent of its capital to oil and liquid-rich opportunities in 2011.

He expects the company to complete its stock buy-back program by the end of the year.

Devon has spent about $2.1 billion of the $3.5 billion authorized for the program to purchase more than 28 million shares.



Read more: http://newsok.com/devon-energy-reports-quarterly-earnings-of-416-mi…

gary, tried to send you a message. don’t know if you got it or not. I would like to send you a message.

legals Leon, here is a link on how to read legal descriptions.

Wells%20around%20Calumet.pdf

Hope this works, just click on the link above and the file will open. You may have to zoom in on it to get it to a size you can read it. Then you can click on the links in each section and that will take you to the OCC website so you can see all the information they have about each well.

in the basic well info, what does info in quarters section mean? for example, se4, sw4,nw4, se4. thanks

Dan, I know that Chesapeake has drilled several horizontal wells in Washita County. If you have your legal description you can look at the sections around yours by going here. Oklahoma Corporation Commission - Electronic Well Data

Leon, in the basic well information the legal described is the surface location of the wellhead and has nothing to do with the royalty.

gary, in my example, if the quarters are as I indicate. does that mean these are the quarters that have interests in the well. and if so why does it list se4 twice?

Glad you have a check coming. I have a well in Dewey County that they just finished fracing about 2 and 1/2 weeks ago. I was there on Memorial day weekend and gas line was laid on top of ground next to ditch and tanks and separator set. Looking forward to a check in 5 months. Larry

Hey guys our well began production on Jan 15th 2011 and we are finally getting a pay day. We should get paid this Friday!!! Just 5 months later we will be getting paid for one months production. The lady at Devon said we should get the rest of the back pay next month.

http://shale.typepad.com/woodfordshale/2011/06/continental-resource…

Larry is this your well?