Don’t know about Sect 25 but Sect 24 Metcalf started out at 259 BPD but immediately declined to 25-50 BPD. Caylix seems to be experiencing this quick decline on several wells in the area. Disappointing. A conversation with a Calyx employee said they would try a different pumping method, but of course no guarantees.
They posted 104 bpd for sec 36. Not posted anything for 25. Metcaf 25 went through 25 and 36.
RE: Sec 31 / 19N / 01E
I received a letter expressing interest in purchasing our mineral rights on the above. I wrote an email to them and they promptly responded with this!
“Due to the recent production news and results of well decline curves in the Mississippian Play in Payne County we are no longer interested in purchasing anything near Payne County. I look for most mineral buyers to follow suit. Thanks.”
Is this true? Has there been a sudden down turn of production in Payne County?
Thanks, Steve
Hi, has anyone ever had their “Division Order Contract” changed from the effective date and the division of interest? If your warranty deed says you have 1/16 ownership is that .0104167000 and not .0052083500-right?
thanks for any help,
carol
Where is it ? 1/16 0f 160 acres is 10 acres. correct? Was it in your name when he misread.
Ron, the land is in payne co-east of yale and it was sold in '63 but they kept and so noted on the warranty deed 1/16 of all mineral rights. The land was drilled on back in the "80’s and they received royalty checks then. We contacted the drilling company in June of 2012 and after reluctantly agreeing we were right they contacted the oil buyer and they sent us a Division Order but it’s been downhill ever since. This is the 3rd time we’ve sent same paperwork and now they changed the effective date and division of interest.
All this decline news is terrible! Lets pray people! I may just go put a hard hat on myself! Haha
I found were Devon pooled 6-18n-1e but no record of a well yet. There are some other Co.s that have been buying around you . From the filings with OCC it looks like things are going to pick up in 19n-1w,18n-1w, &18n-1e. Where you thinking about selling all of your interest ?
Matt, was that in your mineral lease contract?
Carol, I am looking I am new to all this and probably getting the short end of the stick.
Ron, we were never contacted from anyone until we brought it to their attention (operator) that we were intitled to a 1/16 of the oil sold. It’s in Payne co-22-19N-6E. We have sent Sunoco a warranty deed, death certificate, affadavit of heirship, assignment of interest and division order 3 times.
Ron, the assignment was from sunoco to Richard L Collins and yes we signed the 1st D.O. and returned but today we got a new D.O. with date and division of interest changed.
Carol Bay Pet. took over the well in 2011 after production had stopped in 85. I don’t see how they could have held you interest for that long with no production. I could fine no record of the assignment in the county records so I don’t know what you gave up but you should not have given anything but your interest in the wellbore of that one well and not the deeper interest which you could lease to someone . I will do some more looking . Do you have a fax ?
Ron, we never gave anything up that we know of! It was Bay Petro’s lawyer that screwed up (he said he overlooked it), and he even called Sunoco to get it straightened out. This has been a real mess, it’s almost like the money is coming out of their pockets instead of a big oil company. I’ve got the production figures and it’s not that big. Can you just email me at [email protected]. thanks alot.
Matt,
That’s the reason we need an 'Oil and Gas Attorney" to assist with our leases. The Wolves will prey on the helpless sheep.
Clint Liles
Carol 1/16 of what ? What royalty interest did you get on you lease ?
we didn’t get any because we are non-partisipating.
Carol and Clint,
I got paid for lease on 13 acres and well completed and they said I only have 6.5 acres of interest the other 6.5 is non participating interest.
They have a pooling on 5 & 8 a spacing for 16 and one pending for 9 . They have a well on 5 under 5 and one on 5 under 8 . I found no permit for a location on 8 yet. Did that help ?
The permit said they drilled a well from 5 under 8 which to me is not what the map has.