Re-lease coming up what do I need to know or what can I expect to see and happen?? Any new developments in my section, I’m not from Oklahoma I live in Los Angeles California. Anybody who knows any info I’d would greatly appreciate it, for the information. Thanks
Stephen, it appears there is a springer well and a new woodford well in that section. You need to call someone at continental in the division order section to find out why you were never paid on the first well and the other should be paying sometime in the next few months.
Good luck!
John
Steve, you should be getting production from the Lang 1-20H horizontal well drilled back in late 2012 and online in 2013. Continental Resources. Once you have production, your lease is held as long as there is production. You won't get the opportunity to lease again for many many years. If you aren't getting your royalty checks, then that is a problem and you need to get it fixed.
Yes, contact Continental to get your royalty income flowing if you have leased S20-3N-4w in the past. As John Mclain & M Barnes have said, there's production there with the Lang1-20H since 2012, and now the newer Warden1-20H, which is producing since 10/04/14. I got my 1st royalty check for Warden 2 weeks ago. Also, these are good wells, and energy companies have been pummeling my brother & me with letters for 2 years, wanting to buy the minerals - for excellent prices. We're not selling. CLR is planning more wells in 20-3-4. Check with the Division Order folks at CLR....
thank you for your very helpful information, but i just have one more question for the moment.....in the first link you sent there is a formation list with
HOXBAR
HOGSHOOTER
CHECKERBOARD
DEESE
PRIMROSE
"SPRINGER"
CANEY
SYCAMORE
"WOODFORD"
what are these formations mean to me?? are they involved with or in anyway with my ownership and if so do i expect to see a payout?? if you can, briefly let me know.
thanks again.
yours truly,
steven camarillo
John McClain said:
Stephen, it appears there is a springer well and a new woodford well in that section. You need to call someone at continental in the division order section to find out why you were never paid on the first well and the other should be paying sometime in the next few months.
Good luck!
John
You own the minerals from just under the surface to the center of the earth. You can lease or be pooled in any or all of them. Here is a picture of them from top to bottom of those that are important to you right now. It shows their source rock potential for those that can give up their hydrocarbons to themselves and other zones and which ones can only be reservoirs. Sometimes a visual helps!
For those of you watching the water injection debate, there are several kinds of injection. If a company injects water downdip and around the edge and into the zone they are producing, that is considered a waterflood and secondary recovery-not part of the debate. It pushes the oil toward the higher wells and gets a better recovery from the field. If they are commercially injecting disposal water (salty water naturally recovered from the wells and some frac water) into deep salt water disposal wells, they are supposed to be putting it into the Arbuckle formation which will take it readily and not cause too much problem. If they are injecting into the Cambrian basement, then that is where the problems seem to be coming. Too fractured already and links into really old deep faults. Not all injection is bad.
