Offer from Bridgeport Resources, LLC No bonus. 3 year lease or as long as producing. 1/4 royalties.
We know absolutely nothing about mineral rights, any help appreciated.
Please post the section, township and range. Offers will vary across a county. A good place to start is with the Mineral Help tab above. And get familiar with the Oklahoma Corporation publications for mineral owners.
https://oklahoma.gov/occ/divisions/oil-gas/publications.html
Section 17-5N-4W McClain County
I cannot comment on the bonus amount as they are not public. Various companies are leasing in the area. Dry Creek Energy, LT Starr Investments, Bridgeport, Northridge, Spartan Valley, Atlantic Energy, Casillas, Shepherd Royalty, Duke Minerals, etc.
Casillas has a pooling case listed 2024-003568 for their Fat Tire wells which have permits and may already be partially finished. Hearing date was supposed to be Dec 9. Did you get the notice as being a respondent? If not, then you need to contact their attorney asap. You can either be leased or pooled, but not both. At this point, I would just answer the pooling if I was eligible. You only have 20 days from the order. I would pick the highest royalty even if they do not offer a bonus.
Anything happening in: Section 07-05N-01W? Section 18-05N-01W? McClain County Oklahoma
LimeRock completed several horizontal wells in section 7.
Production started yet? If so when & where can I locate the information?
The surface location is in 31-6N-1W for three of them. The other is in 7. You can look up the filed forms on the OCC well records site. The completion form is 1002A. https://public.occ.ok.gov/OGCDWellRecords/CustomSearch.aspx?SearchName=OilandGasWellRecordsSearch&dbid=0&repo=OCC
The McPherson MU48 wells. 2HE, 3HE, 4HE. Put 3106N01W in the location box. The well in section 7 is CGA 5N1W 7 1HX Put 0705N01W in the location box. The older wells also show up.
You can find the last 12 months (with a delay) on the OK Tax Site. https://oktap.tax.ok.gov/oktap/web
Type McPherson MU in the lease name box. Then select the Blue PUN numer to get more information. Production History is a tab at the top. Division Orders come out about five months after first sales. Contact Limerock if you think you should be in pay.