Virginia, I worked for Chesapeake and know just what you mean, and that’s why I left. But, a high school English teacher once told me that the forces causing the pendulum of life to swing one way ensures it will swing back the other way, so it’s worth watching the pendulum no matter how monotonous and boring it may seem.
Ann,
Your results are about average for the thin Woodford in the area. Wait a few months and see what the actual production is. Sometimes better, sometimes worse. Compared to the very thick Woodford in Stephens county, it is low. Each area is different
Thanks Virginia, Back in the day, I use to collect only 6%, so statute 52-570.10 is great improvement, but OCC makes some interesting statements.
Virginia, Honestly, I don’t know of any mineral owners addressing these issues, not even NARO. Mason did say he agreed we need to increase mineral owner awareness, but I really think NARO has known about this issues for some time now and it is the responsibility of NARO to inform us and not the other way around. With everyone accept mineral owners on this forum closing their eyes there’s no telling where the money went or will go. Mineral owners need to write letters, but NARO should be getting the word out that we need to do so. Does anyone on this forum have suggestions?
Virginia, If someone were to set a time and place, we will definitely be there.
Continuous Petroleum Accumulation is why OCC will have a rule hearing on 1280 A spacing and no units in 2014. See link below: "Continuous petroleum accumulations form a geologically diverse group that includes coalbed methane, “tight” gas, basin-center gas, oil and gas in fractured shale and chalk, gas hydrates, and shallow biogenic gas. Despite their obvious differences, these various petroleum deposits are linked together as continuous accumulations by two key geologic characteristics: (1) they consist of large volumes of rock pervasively charged with oil or gas, and (2) they do not depend upon the buoyancy of oil or gas in water for their existence.
Because of these two geologic properties, continuous accumulations cannot be assessed in terms of the sizes and numbers of discrete entities delineated by down-dip water contacts, as are conventional fields. The so-called fields that are sometimes named within a continuous accumulation are not fields in the traditional sense, but rather are only generally defined areas within the continuous accumulation that have relatively better production characteristics (sweet spots)." http://certmapper.cr.usgs.gov/data/noga00/natl/text/CH_13.pdf
OK has the Anadarko and Arkoma basins which cover most of the state, and tight oil/gas formations like the Woodford shale and Miss Lime (chalk) which covers the rest, so OK mineral and surface owners will be dealing with the impact of the current exploitation of oil and gas for more than 50 years. Oklahomans should have a voice in how the exploitation of this continuous petroleum accumulation is going to impact our land, minerals, and tax appropriations and allocations.
Here’s a link for North Dakota with great info on surface and minerals rights. The Bakken in ND is continuous petroleum accumulation basin where 30 wells are being drilled from one pad on 2560 A spacing with no units.
Virginia, I’m scared too. You have obviously fought hard for your rights and highly admire you for your knowledge and courage. Thank you.
M. McM.
Is any mineral owners working to address Mr. Hulsey on these issues? I would really like to see some meeting telling us what they are really planning and how that will impact surface and mineral owners. I don’t understand where all the tax money from these wells are going as it’s sure not getting to the Co commissioner to use on roads. It’s time the state sets aside part of the oil money for co. roads.
For the most part people do not believe they can win against the big oil companies. Most do not have the knowledge or the money to take them on. But I think most would agree there are problems and they need fixed. Until they are challenged they will continue to bully and win.
Keep the information coming on the metering & payment of royalties! Give us some idea’s what you want us to do to help get the word out to expose these shyster’s! My work involves fraud and one thing that’s without a doubt is con’s don’t like being exposed!!
Correction, I highly admire you. I think all of us do.
The amazing thing about these, and other “shysters” is that they must certainly be incredibly stupid, and not just ignorant to the living conditions in Oklahoma prisons. However, the law has not made shyster law practice a felony, yet, as of today, I don’t think, I guess, Oh forget it.
That was my puppy pounding on my keyboard…
Good site about what to expect in 2030.
http://www.hartenergy.com/Upstream/Research-And-Consulting/Heavy-Cr…
Robert,
You need to look on OCC web site to see where your injection well is, usually it is within a 2 mile radius of the wells. If you have 4 wells on your farm, it would have to be fairly close.
Anyone know where Devon’s water injection facility is? It would have a lot of tall water tanks, and an injection well, somewhere west of Mulhall?
Carl, “Devon Energy’s innovative strategies are also helping to keep costs down for the company. Because of an innovative recycling project, the company is on track to reuse three million barrels of water in its drilling operations in western Oklahoma this year…The company’s water reuse facility, that includes a lined reservoir that can hold up to 500,000 barrels of water is located about halfway between Geary and Calumet. Roughly 10 miles of pipeline system is used to move much of the water into and out of the reservoir. The facility went online this past June and is about 10 times larger than is currently needed to allow for further expansion.” http://seekingalpha.com/article/898351-buy-devon-energy-now-for-pro…
Sandridge has disposal pipelines too and they “filter” this disposal water: http://seekingalpha.com/article/513791-my-take-on-sandridge
The Sandridge article said the company uses “mobile” tank systems to store the processed disposal water for fracing and they have miles of salt water disposal pipelines in northern Oklahoma that they use instead of salt water disposal wells. Devon is using water from a brackish aquifer in their Canadian heavy oil location for steam extraction where “heat from a steam injection well liquefies very dense bitumen allowing it to migrate to a production well located beneath.” Now, if Devon is going to use steam injection in OK they would want to collect disposal salt water in a pipeline, filter out the oil, and use it in steam injection wells and also use the brackish filtered water in mobile tanks to frac. Devon has been busy buying controlling interests in pipeline LLC’s like 82 percent interest in the Havre Pipeline Company, LLC. and they just bought some others but I can’t remember the names.
M McM.
If they are using steam, is it for tar sand in Canadian or are they water flooding this way? My husband has some investment in the Canadian wells and they do it a lot different, but I’m not sure how. And he doesn’t care as long as the checks keep coming.