If I know the API well number and location of the well, how and where can the production of oil and gas be found?
Great idea Archie, I hope some of our more learned group members will give us a little tutorial on this procedure. I would be expecially nice knowing more about the ins & outs of navigating the Oklahoma Corporation Commission website. This question and answer may already be on here and we have just not discovered it.
Hope everyone is enjoying the cool weather and moisture.
Mike Stinson
Kingfisher OK
Actually, the OCC is not the best place to look since it only has gas data if you look in their production area. And since most of you are more interested in your actual royalties, you need to look at the sales numbers, not the produced numbers. (OCC has produced, not sold) There is a way to do it through the producers to get both numbers, but it is a little tricky.
The best place to look is the OK tax website. You can look up by the PUN number (frequently found at the top of the completion report) or you can use the location option. Be sure and click on that option. You will need to use leading zeroes. It will go back a couple of years, but not far. You can also see if the tax breaks have expired.
https://www4.oktax.onenet.net/GrossProduction/PublicSearchPUNbyLegal.php
See if this works and if it doesn't we will go the tricky way thru the OCC.
Thank you for your input Mr. Barnes. I am looking for historical well data to get a handle on the rate of decline in the production. The return on any working interest will be adversely affected by too rapid a rate of decline. My spreadsheet payback calcs indicate that I have a good potential return on the W.I. investment, but I have no data to base my estimates of the decline. There are a lot of guesses and estimates in any venture, but I would like to know more than I do. A knowledge of the bbls per month or year should give a better a decline rate number. Perhaps I should go directly to the tricky route using OKCC route.
M Barnes said:
Actually, the OCC is not the best place to look since it only has gas data if you look in their production area. And since most of you are more interested in your actual royalties, you need to look at the sales numbers, not the produced numbers. (OCC has produced, not sold) There is a way to do it through the producers to get both numbers, but it is a little tricky.
The best place to look is the OK tax website. You can look up by the PUN number (frequently found at the top of the completion report) or you can use the location option. Be sure and click on that option. You will need to use leading zeroes. It will go back a couple of years, but not far. You can also see if the tax breaks have expired.
https://www4.oktax.onenet.net/GrossProduction/PublicSearchPUNbyLega...
See if this works and if it doesn't we will go the tricky way thru the OCC.
I tried the "simple" link and using only the legal description was able to generate a listing of all active and inactive wells at that site. A production tag then gives bbls for the month. I will work with this for now. Thanks for the assistance!
I am participating in the North Lincoln Unit (OPERATOR HINKLE OIL &GAS) I would like to determine the production of several individual horizontal wells completed in the unit. I have looked at the OK Tax link using the legal description of the well and I find the well -- but no production data for new wells in s33 & s32 18N 5W and s3 17N 5W. Although new, these wells have been on line more than 6 months. Are wells that are included in a unit even reported separately?
Sometimes new wells don't get on the list for quite some time. They are pretty back logged. Keep looking. If not there in about another month, call Hinkle's revenue department. If you have a working interest, you are higher up in the food chain.
As noted the backlog is bad and frankly, frankly the systems used by the state for record keeping sucks puttyballs. For older wells, the most reliable figures will cost you money. IHS figures can be found in the OKC Log library downtown, run by the Oklahoma City Geological Society, http://www.ocgs.org/
or Tulsa O & G library. http://www.tulsalibrary.org/tos/oklahoma-well-log-library
M Barnes said:
Sometimes new wells don't get on the list for quite some time. They are pretty back logged. Keep looking. If not there in about another month, call Hinkle's revenue department. If you have a working interest, you are higher up in the food chain.