Just had a discussion with another source and he referred me to the Devon and Linn Energy sale of non core oil and gas. It really did open up my eyes that we might be sold to Linn. Makes me wonder if our wells around 27 21n 3w are actually gas wells instead of oil. It is what it is, now for it to only happen!
Newest photo of well head? Section 27 21n 3w?
Deborah,
I hope that Devon does sell to Linn Energy. Linn is a good company and don’t try to cheat you every time they can. I have worked with Linn Energy for several years and they have always been good, checks on time, etc.
I haven’t been able to figure out what is taking place in 27-21N-3W _ 22-21N-3W or 26-21N-3W _23-21N-3W. These wells were drilled in Jan and Feb, yet nothing is filed on completion unless I am missing it.
Deborah,
Don’t give up on your well. They don’t put Christmas trees on dry holes. I don’t understand why they are hauling the water off because they have a salt water line going to the disposal well a couple miles from their. I’m not sure it’s a big well as most of them around that area didn’t test very good, but they will probably be there a long time. Next time I get to the farm I will go over and see what is taking place.
Devon is still drilling in the area, so they haven’t pulled out. They probably just needed to clean up the spread sheet and balance the assets.
I figured we will get our big check by the end of the year if we are lucky. I sure hope it’s worth the gas to get it to the bank. But, at least Linn will put it directly into your account, so you don’t even have to go to the bank anymore.
Deborah, Your pic looks like a gas well christmas tree and pulling bottoms means they send a water truck out to pull the water off an oil storage tank and transfer/disposal of the water so there will be more room in the tank for oil. They will come take the oil when the tank is full. Here’s some info on the Christmas tree - http://extension.psu.edu/natural-resources/natural-gas/news/2012/12…
Deborah,
You may want to read this,
www.zacks.com/stock/news/138712/Devon-Energy-to-Sell-All… This isn’t anything new in Oil/gas business as they have to keep the stock holders happy and that is making the most money.
Virginia, I had recently read several articles about the purchase of non essential oil and gas wells by Linn from Devon. I realize that this probably means we are one of the non essentials they are talking about. Devon is looking to move to bigger and better deals, maybe Linn will consider us purchaseable! Did you see the photo of the Christmas tree on the Eason well taken yesterday?
We will see Virginia, we will see. Another day at the Corporation Commission scheduled for September 17th I believe. Some day Devon will have to finally start the completion and test before it will be finally decided with the dual section payables and ratios…
I didn’t mean start the completions, I mean start producing whatever it is they hopefully found.
Deborah-Try this.Call Devon and ask to speak to the production foreman in the area where the well is located.They are on top of the proceedings, and can tell you what is taking place.The OCC won’t have info until the oil co. or purchaser gives it to them.That’s just the way it is. Bob
Virginia, Are you sure Devon is selling Garfield acreage to Linn? Some where I read they only sold their Arkoma Woodford to Linn and completed their consolidation for 2014. Devon is currently leasing in Payne, Logan and Lincoln. I don’t know if they are leasing in Garfield. I’m studying this entire area all the way back to the Hadean Period and I wouldn’t sell if I was Devon. This North Central OK area may hold ancient sedimentary rocks from the Ediacaran period. The Ediacaran Period is the last geological period of the Neoproterozoic Era, just before the Cambrian. It ranges from approximately 635 to 542 million years before the present.
Historically this name has been variously used by researchers, but its status as an official geological period was ratified in March 2004 by the International Union of Geological Sciences (IUGS) and announced on May 13, 2004, the first new such period declared in 120 years.
Ediacaran Dating
The period is unusual because its beginning is not defined by a change in the fossil record. Unusual soft bodied fossils do occur in the Ediacaran Period, but these are limited to the latter parts of the Period, after about 580 million years ago. Rather, the beginning is defined by the appearance of a new texturally and chemically distinctive carbonate layer that indicates a climatic change (the end of a global ice age).
There is an unusual depletion of 13C that marks the end of the global ice ages of the preceding Cryogenian period. The date of the boundary is fairly well constrained at 635 million years ago based on U-Pb (uranium-lead) dates from Namibia and China.
Martha,
I have only heard rumors that it was being sold. Haven’t seen or read anything to prove it. Some of the wells in this area are only coming in at 18 to 25 BBD according to OCC records. That isn’t much for a H. well. Yet across the road, it may be 400 BBD, so it’s interesting what you get.
If there is a gas meter on the tank battery pad,it will have the name of the company buying gas on the round chart behind the glass.This might aid in the investigation. Bob
Bob,
Have you worked with Devon? I am in the section next to Deborah, I called Devon and was told they couldn’t give out any information on these well yet, except that they were drilled and completed. Now I find out they are selling it to Linn Energy. These wells were drilled in Jan & Feb, so something isn’t right. Yet, Devon is still drilling in the area. I haven’t been able to find a purchaser or any # to check on. Any suggestion?
Deborah,The leasing company has the lease as long as there is production.Just drive in and look at the gas chart.If anyone asks, tell them you are a mineral owner trying to find out if there is production from the well and who is buying it.There should be a tank battery with several tanks on a pad.That means it is not only producing gas, but liquid also which could be oil, distillate and salt water.If there is a small building around the edge of the pad with a big engine inside, it will have a gas compressor in it pumping the gas down the sales line to a gathering station, and eventually to a refinery.Bob
Virginia and Deborah, The OCC’s main tech guy Ron Duncan 405-521-2489 might help you if they are producing without a completion report. I just spoke with him about another issue and he was helpful.
Bob,
Thank you, I will check it out next time I go to the farm.
I forgot about the gas chart.
Thanks everyone for all of the helpful info. So does the gas chart make everyone believe that this is a gas well mostly? I’ve always admitted how green I am on these matters. To my understanding you have to be the land owner to get that close, am I right? With the Corporation Commission scheduled again on Tues September 16, surely some day in the near future Devon will have to admit something on these wells. How long and many times can they just reschedule them?
Virginia, The gas christmas tree was a pumper type, so you have oil. You might have heavy water too and that’s why they are draining the tank bottom. Can you find out the chemical composition of the salt water?
Martha,
Next time I go to the farm, I will see what the chemical composition of the salt water is. If Devon every returns my call, I will see if they know anything. Seems like Devon is in a real hurry to get things the way they want it and get it drilled. But don’t care what you want and sure don’t give you any information.
I’m sure the well is classified as oil like most wells in this area, but how much we don’t know at this time. Plus, I only have a small amount of acres under this well.