I had the suspicion that this was their strategy. Deep sixed the offer.
Rick and JW,
Thank you for the information regarding Bird's Nest. I finally heard from Devon. They overpaid me in November. It looks like someone entered numbers, realized they were wrong and then entered new numbers in three categories - but failed to delete the first set. Considering how complicated the reports are, this is not something that jumps off the page (at least not to me). They discovered the problem in February or March. They thus are offsetting payments for April and May and likely part of June. I wish they had bothered to tell me: I had to contact them multiple times to get a response. Their mistake causes some minor tax issues (which I can deal with), but is otherwise just a cash-flow problem now that I know.
Steven:
I have some interests in several wells in the Cana Woodford. On my statements, there are an incredible number of adjustments, going back multiple months. This is not only true of Devon, but other operators such as Cimarex. In most cases they are minor adjustments, sometimes positive and sometimes negative. Sometimes there are literally several pages for an individual well. Gas accounting has got to be a nightmare. The scary thing is that you really have no way of knowing what is right and what is wrong for the most part.
Chatham, Jimmy R shallow well came in at 10 bbls. oil per day and 5,000 cubic ft. gas. That say on 35-01s-03w in Carter Co.
XTO Energy Inc. Sec. 3s,2e Dry TD 17,932 ( OUCH!!!, Hate to have to report that one!) Wonder if they did 3D Siesmic there?
Yale Oil Asso. Inc. Completion at 95 bbls. oil and 20,000 cubic feet. of gas TD 11,627 on Sec. 29 5s,2w.
Report below was in the Oklahoman yesterday.
Hi Linda, any news you know of on 8-13N-9W? Hopefully something is happening here. Hope all is well with you, very sorry to hear of your father's passing.
Sorry, Jeanie, I don't. What County is that? It's really quite a bit further NW of my usual stomping ground and I don't see anything in the Oklahoman yesterday about it. Hutch and the Boys might can check out the OCC website for you. I can't do diddley on it! lol
Thank, Linda, it is Canadian County and I remember that it was NW of you. I hope things are booming in your "neck of the woods".
Thanks, Jeanie, doing well as far as dad's passing is concerned. Of course we will really miss the dad we had for so many years but felt we lost him a year ago when his illness became so bad and after watching his misery for so long it's a relief to let him go! We have so much to do now in going through his stuff that I'm glad there were four of us kids and our families to help now. You collect a lot of stuff in 93 years! Thank goodness he cleaned out and got rid of much of the old paperwork after mom died in 94! She recorded EVERYTHING. She kept very good books but kept as I said everything! She was a good housekeeper too but once she found some of my brother's old "sneakers" when cleaning closets when he was in college. She washed them up and when he came in was so proud to present them to him. He said "Oh, mom, throw those away they are worn out" and she said "Now, Ray, if you did without shoes as much as I did growing up you'd be glad to get some that looked that good" lol We were so thankful dad always made us a good living so that we didn't have to live like they grew up! We had what we needed even though, I'm sure, probably not all we wanted. I don't remember wanting them so they probably weren't really the important things. He always wanted for his kids the thing they never had. THANK YOU, DADDY! JOB WELL DONE! WE LOVE YOU!
"things" he never had not "thing". Ms. Type-O strikes again!
Jeanie, it looks like Devon has that section covered up with wells, 9 to be exact. Does the name Roer mean anything to you? #1 was completed in 2010 and the rest started drilling around the first of this year. #2 was completed in June, I don't see completion reports on the rest of them.
Knew Hutch would come through if we begged!
Hey Hutch, Roer does mean something to me as a matter of fact it means a lot! Thanks for the information about the wells, that makes me happy!!
Linda, listen we don't mind begging Hutch for information if that's what it takes. ha
No begging required, I'm a pushover!
Hutch,
Just got a call from Guy. If you haven't called him or the OCC I would suggest that you do. At least I got a call. 405-234-9238. Its worth a try. I don't have any resolution yet, but at least I got a call.
8-13N-9W- Very hot area. The Woodford is 250' thick in that general area and to the southwest of it. Devon is drilling like crazy. Most sections have from 5-9 wells on them. Cimarex is drilling to the north and west with about the same number of wells. This will probably be productive for a very long time, but most lucrative in the next few years.
Be very careful in here about offers to buy. I received one from a company that is reportedly in serious legal trouble. They are known for clouding title. If you decide to sell, get good advice and a really good price. I am not selling my acres here.
Thank you for your comments, M Barnes, it is great to know that there is so much activity in this section. I sure wont be accepting any offers to buy mineral rights in this area.
Linda, I have read and re-read your tribute to your father and think it is wonderful that he left you such a legacy. He taught you the important values of this life, my dad did the same and worked hard to give us all that he could. They would be proud to know that we are reaping the rewards of their hard work.
Jeanie...He was a fine, fine man! I have been having people call me that are telling me how they loved him and how he touched their lives in a positive way. Some are people that I didn't even know knew him. So touching!!!!