Our Baker Mineral Trust has a Wiiliams County Deed that Conveys an undivided 100/640 acres, or 100 net mineral acres. The deed covers three tracts. One of the smaller tracts is the SW1/4 (160 gross acres), Section 35: T158N-R97W; which has a Continental well, the Lindsay 35-1H. The other smaller tract is the NE1/4 (160 gross acres), Section 2: T157N-97W, which has a Hess well, the GO-Qualley. The Larger tract contains the SE1/4SE1/4 (40 gross acres), Section 6; and the S1/2NW1/4, NE1/4NW1/4, AND N1/2S1/2, (280 gross acres), Section 7: of T157N-R96W, which has the Barman 7-6H well.
Instead of using the fractional interest of 100/640 to calculate our net mineral acres in the two wells on the smaller tracts, each company has used 35/256 as our fractional interest. By each of the Companies' calculations we only have approximately 21.85 acres in each of the smaller tracts (35/256 x 160 acres).
And apparently for the Barman well on sections 6 and 7, we only have approximately 35.60 net acres, explained as follows. Hess calculated the Trust’s distribution decimal as 0.00520576. From my known data, I know Hess calculated this decimal interest based on the Trust’s lease royalty interest of 3/16ths and the gross acres in sections 6 and 7 as 1280. Therefore they must have used 35.60 as our net acre interest in the well. This means out of 100 net acres, we have only been given credit for 43.70 plus 35.60 acres or 79.3 acres. I am new to the varied ways the oil companies do their calculations, but this obviously does not add up. Sorry to write such a long explanation, but I am sure other mineral owners sometimes get low-balled hopefully only in error by these companies. Your response and suggestions, including resources for calculations on multi-tract mineral deeds, could help many of us.
Thanks for all your help, John Rowland