Carolyn Turner & Raymond Turner
What section, township and range are the rigs located?
DANIEL ITS SEC 15 T7 R1E NE NE NW NW SEC 3 T7S R1E SW OF SE OF SW OF SW NAME OF WELL HART 1-3H
SEC 4 T7S R1E SW OF SW OFSE OF SE API # 085 21199 WELL# 1-4H
DANIEL LOOKS LIKE THEY ARE IN T7S R1E ONE IS IN SEC 3 ONE IN SEC 4 AND ONE IN SEC 15
Carolyn Turner & Raymond Turner
I was able to find the following info. I noticed that XTO drilled into the adjacent section a few feet. Now they can hold that section in production also.
http://imaging.occeweb.com/OG/Well%20Records/1DD1A149.pdf
http://imaging.occeweb.com/OG/Well%20Records/1DD19E2A.pdf
http://imaging.occeweb.com/OG/Well%20Records/1DD19454.pdf
http://imaging.occeweb.com/AP/CaseFiles/OCC4385328.PDF
I’ve received a $3,000/acre offer to purchase my minerals in Love County. Doe anyone have advice as to whether this is a good offer?
Robert I don’ know where your minerals are but I know of some folks that have been offered $6450.00 a acre
Who made the offer?
Thanks Carolyn. My minerals are Section 34, T 6, R 1 West.
RD Williams in Ardmore represents XTO, who is going into that area. If you want to sell contact them or XTO. Both may be interested.
Thanks. Do you know when the pool commission hearing is scheduled?
Caprock Minerals
Robert,
If I had the CD number I could find out.
Don’t find any correspondence with a CD # but I do see the Cause #201400421. Hope that helps.
Robert I would not get in to big a hurry to sell. Also xto might not give a 1/5 but others will and more than 700. Continenal and L E Jones are also leasing in your area. I am not at liberty to say with who yet but I have been offer 1500.00 and a .20 and 3 year lease I should have my lease signed in about 2 weeks and it’s not with XTO. Robert if you want to sell send me friend request. Raymond
I got my lease done & got my money 1/5 and $1500.00 acre
Hello all, I just received notice from a land man that has made an offer for leasing 10.34 achers of mineral rights for 3 years at 500/acre with a 3/16 royalty. The land is located 5-6S-3W Love County, OK, which is N/W Love county. I noticed that Continental Resource Inc (Same company that made the offer) has at least notified a notification of well spud in a an adjacent area. I am curous to know if anybody knows if that well has gone in, and/or what contract terms for it was (see below)?
http://imaging.occeweb.com/OG/Well%20Records/1DD1BB79.pdf
It seems that CLR is pushing into XTO territory. Maybe a bidding war for your minerals. I think I might call RD Williams (XTOs) landman and see if they want to bid. The next document you should see, if things go right, is a Completion Report. This will give you the date of first sale, which sets the date for your first check, six months later. The time to the completion can vary greatly. It can take about 3 or 4 months to drill the well and maybe 2weeks to frac, if a crew is available. Then the operator needs to set the tanks and the piping etc. But, the operator does not have to sell. I have seen it take 12 months from spud date to completion date. With that said, it usually takes about 6 or 7weeks.