Claudia There are some poolings pending for straight hole wells in13,14 & 28-7n-9e . They have received some poolings for horizontal wells in 17 & 20-7n-8e . They were ordered to offer $200 for 3/16th there. Silver Creek gave a 1/4 in 28,31 & 35-7n-9e . Continental has done a lot of leasing in 7n-9e in 2013. They gave 1/5 in 17 for a 1 year lease . Silver Creek is drilling the Horiz. wells in 7n-8e. I bet that is what Continental is getting ready to do also.
connie There is a lot of leasing going on in 7n-5e . Some of Section 30 has been pooled . It is in Pottawatomie Co. like Claudia said .
connie a lot of leasing in 7n-10e in 2013.
Ron:
Thanks so much for the info! Great stuff! I still have not been able to get them to go higher than $150 3/16th, 2 year lease. Operator is Tilford Pinson. We have an odd slice of pie acreage just east of railroad. Not sure if this is horizontal or straight hole, but will certainly ask the question! Did Silver Creek give a lease bonus for the 1/4 that you know of? Thanks again! Great info, Ron!
Have no info on lease bonus on 1/4 but I would not think so at this point.
We leased in 2011(30 7N 5E). When we leased we were pooled. A well was drill, it never did much. It was plugged in 2012. My question is they are leasing is section 23 7N E and maybe section 30 7n 10e. Is there a chance we will be receiving monies from these other wells they are drilling being that we were pooled? I really do not have any idea what section we were pooled with. Can I come to Hughes County and look up those records. I am totally in the dark about these things. Thanks Connie
connie if you would like you could send me a friend request and I will give you my # and see if I can help.
@ Ron McKenzie … thanks again for the info. I’ll let you know how it comes out!
@ Ron McKenzie … I looked on Pangaea and did see pooling orders in 7N-8E for $200, November 2013. Regardless, the potential lessor replied to my requests with the following response:
"The client checked all of the surrounding sections for pooling terms and there have not been any poolings in the immediate area recently that prompted them to raise from their current offer. The following appear to be their pooling terms: $150/ac @ 3/16 royalty or $200/ac @ 1/8 royalty for a 2 year, all depths lease."
Interesting that you ask how many acres we own, Ron. We are in dispute about that as well. Our ownership is east of the Rock Island Railroad. Depending on who is looking at the railroad determines the acres (so it appears in this case!). We’re considering hiring someone to survey the lands. We “thought” we owned 25, and have leased it as 25 in years past. They are now saying we own 13.2 (roughly). Considering how this would affect the royalty should a well come in, we think it may be work the investment to get someone out of Ada to do the survey.
Thanks for the images! I get the “feeling” they are wanting to move quickly, but I could be wrong.
@Ron McKenzie … we think it may be worth the investment to have someone go survey the land.
http://imaging.occeweb.com/OG/Well%20Records/1DD1C809.pdf
http://imaging.occeweb.com/OG/Well%20Records/1DD1BEE6.pdf
http://imaging.occeweb.com/OG/Well%20Records/1DD1BEE5.pdf
Claudia With the new wells in 7n-8e , Continental’s leasing in 7n-9e and the poolings pending in 7n-9e I would be in no hurry to lease. If I did lease I would limit it to depth in Tilford’s pooling or make an election under the pooling which would limit it . I would also contact Continental and Silver Creek before I leased. How many acres do you have?
Claudia, a survey would only determine surface ownership. Mineral ownership is determined by title examination, which can be very costly. Somewhere in the chain of title, the railroad acquired rights by conveyance which is recorded at the courthouse. Should production occur, the O&G company must obtain a Division Order Title Opinion, which must account for ownership of every fraction of an acre in the production unit.
We have had the same experience - leasing X number of acres and finding out later it was in some cases less and sometimes more. I am not an attorney or landman, only a mineral owner.
You have to go down to Holdenville. Take a big stack of legal pads, different colored pens, money for lots of copies, and lots of patience. It took my late son and I 3 days to decifer the mess that had become of our records. When I was finished, I put it all into a readable form using WordPerfect - I documented who owned it first, then carefully traced the ownership of the mineral rights all the way to me. I included with that each page of the deeds, and showed in the summary exactly where to find the actual record that backed up each statement.
Then, I had 3 copies made and bound professionally. I kept 2, then gave one to the people who were leasing at the time and claimed we had only 20 acres. When their people got through, the president of the leasing company said I did in 3 days what his “professional land men” failed to do, and they agreed that we had 40 acres, not 20.
When the people I leased to this time came along and said they wanted to lease my 20 acres, I politely informed them it was 40, sent them a pdf of my write-up, and within 2 days they agreed with me and we elased them 40 acres.
It’s a LOT of work, but you CAN do it yourself.
@Wesley Skinner. Many thanks for the input. The discrepancy seems to be in how many surface acres lie east of the railroad. I have the deeds, which read 1/4th interest in everything east of the RR. So the question remains, 1/4th of what, exactly? They have a plat that they have calculated the acreage east of the RR to be a total of 52.838262. The plat I looked at is an old mid-continent map. And … we all know that title opinions are just that … an opinion. And they vary from attorney to attorney, right?
And worse, brokers that contract with these individuals and bills them out at land mens’ pay. Maddening. Claudia, didn’t your family live in Country Club ? I remember your family by name.
Claudia, I just read earlier posts of yours regarding the dispute with company regarding how many surface acres lie E of RR where you own 1/4 min int. What is their source/s for surface acres? It’s not like you’ve got a river with riparian or accretion. It’s a damn RR. You can also reference the original plat in county clerk’s office.
Way to go Todd White! I’ve done title work on our minerals in the past … sounds like it’s time for a road trip!
Claudia: I would contact the tax assessor and find out how many acres they show East of RR in this section. My guess is that it will match the Mid-continent map. To Todd: those weren’t LANDMEN but most likely low paid bodies in field. You get what you pay for and there are some untrained, unprofessional and unethical people out there purporting to be LANDMEN.
Stephanie Wilbanks … thanks so much!