I am not a lawyer, but I have a comment on your wish that these folks would pay their landman to notice that you’re the current owner?
How did you inherit your mother’s mineral holdings? If it was through probate, then I believe you need to make sure that the final probate document is filed in each of the counties in which you have holdings, and of course, that the holdings are correctly listed in the probate document. That should be enough to cause landmen to notice your ownership. Even here, though, it may depend on whether you were the named beneficiary of the specific interest or are the residual beneficiary of the will. Either of those makes you the owner, of course, but you’re trying to get the transfer of ownership noticed by (1) the clerk who indexes the document to the specific land section, and (2) the landman who researches the records for purposes of leasing or purchasing.
If you acquired the holdings in some other way (trust, for example), then the required action may vary. Are you now the trustee or not, is it the trust still titled as it was, etc.
Will get caught up on reading the blog’s and comments posted. Your comments regarding Dye and future opportunities. Will not rush as you suggest and learn more about “poolings”. Your comments and guidance are appreciated.
Will someone provide information regarding leasing and drilling activity in the area of Section 25 8N 8 E in Hughes County. Your assistance is appreciated.
Thank you very much for this information . Will you provide direction on how to move forward?? We hold 80 acres of mineral rights in this section. I know almost nothing about mineral leasing or the O & G companies you mention. Seems DYE would hold some interest since they are already leasing in 25? Your thoughts are appreciated.
Read the advice you provided Terra Lally when she first joined the forum. Will follow your direction and read forum posts from the last several months.
Dennis, get caught up on the reading so you know what is happening in the area. Dye is a pretty small oil company. There is more money coming into Hughes, so other folks may be interested in the future besides them, so don’t be in too big of a rush. See what these current poolings indicate.
I have recently been offered a lease in section 3-7n-10e and 10-7n-10e and was hoping someone had some more information about activity going on in that particular area. I am wondering if there are multiple companies making offers there and if so what have the offers looked like. I also was hoping to get an idea of those descriptions location to the traditional basin drill area.
I am getting an offer of $300 per net mineral acre, 3/16 interest, for 3 years for the following sections in Hughes county. Has anyone done any recent leasing in these sections and can advise as to the reasonableness of these terms? Also, can someone direct me to information re pooling actions filed by operators in Hughes county. Thank you!.
Sec 3 has a horizontal well approved by Trinity Operating. They also reopened the pooling in December 201704879. Better check it on the OCC and see if you were a respondent. They have an increased density hearing scheduled 201801163-T for four additional wells. Lots of filings on the OCC. If you haven’t gotten tons of mail, then you need to check your address. Ditto for 10 201801164 increased density and many many filings. You should already have information on the first horizontal well in 3&10. The surface location was in 34-8N-10E Ann 5-3/10H spud 2/4/18. Trinity Operating is the operator.
Can someone direct me to information re pooling activity (in Hughes county) in the OCC web site or OCC database (or anywhere else accessible on the internet for that matter). Not the pooling rules but pooling activity, preferably per section. Thanks all!
Robert, I have not been able to use this data base using a PC and have tried on multiple browsers. I would like to hear from anyone who has ever been able to use this function.
My skills with the computer may be the problem, so any clue(s) as to what is necessary will be very welcome. Please let us know of any success - thanks!
First off, thank you for any help the group might be willing to offer on the fairness of a mineral lease offer by Calyx Energy III, LLC for mineral rights in Hughes county OK. The offer is for $300 per net mineral acre with a 3/16th royalty for a 3 year lease. The rights are located in 10-9N-9E - 6.666685 net mineral acres.
I just leased for $300-3/16-3 years in 29-7N-8E. However, I took the 1st offer because I have very little acreage (< 1 NMA) in that section. I found no current leasing info in 29-7N-8E in the Mineral Owner Registry. This information may be available in other data stores that I am unaware of.
I have received an offer of $375 per mineral acre for 1/8 royalty or an 87.5% net revenue interest or $300 per mineral acre or 81.25% net revenue bonus for 3/16 royalty.
Two questions. Are these reasonable? It seems low. Also, what does the Revenue interest mean? It is the first time I have heard this.
Hello, I have a question regarding inheriting mineral rights in Hughes Co. My mother passed 2 years ago and I'm helping my dad inherit her rights. The wells in question are currently being leased by Trinity out of Houston TX. They provided me with an Affidavit of Death and Heirship form which I've had completed and notarized. The brief instructions from Trinity said completed form must be filed in Hughes Co.
I called the Hughes County registry office and spoke to a gentleman that didn't sound real confident in his instructions what to mail in and the process, so I'm hoping someone knowledgeable might provide some guidance. Per his instruction I can mail in the form and death cert and they will file it, but he wasn't sure how the operator (Trinity) would become aware of filing. Am I on the right path? To our knowledge my mother did not leave a will or at least we have not found one yet.