Can anyone shed some light on what is happening in the Oliver field. How many wells drilled? IPs? How many more wells planned? Spacing? There doesnt seem to be much information on the Oliver field. Thank You
Robert:
Oliver Field has 10 active wells, 9 wells in confidential status and 1 well indicates "pns…not sure what that means. Go to North Dakota Industrial Commission website, click on “Well Search” (left hand side of page); scroll to Oliver Field. Not sure about the IPs or future well plans.
Anyone know know what’s happening up around Zahl in NW Williams County? Are there any wells going in?
Hello
Can someone please answer this question for me. When a company says that a well has been released from tight hole status, doe that mean that it is affectively off the confidential list. The case in point is My property which has he Cass I-9H well on it @ 157N 98w sec 9 has just been released from tight hole status, yet I see no initial IP figures. Thanks for your help
Bob
robert:
The Cass 1-9H has come off the confidential well list but looking at the current status, the well shows “dlr” instead of an IP figure. This indicates that work is still being conducted on the well, possibly fracking, etc. Many of the wells coming off confidential are in this same situation possibly due to availability of equipment.
Hello All…Question: My Mother and her sister share 100% of the mineral rights for two wells P.peterson 155-99-2-15-22-15h &15H3. We received letters from Diamond Resourses stating there well deed problems with a division order requirement concerning both my Mom and Aunt and another requirement only concerning my Mom. The letter states that payment of proceeds from production will be withheld until these requirement are met. We hired an attorney to address these requirements and I’m quite sure that will get taken care of. HOWEVER Kodiak Oil & Gas is the oil company holding the proceeds…now for some reason my Mom has received some checks from Kodiak but they do not seem to be large enough to be paying for the oil and they do not say WHAT these checks are FOR!!! It was my understanding that checks for oil production state the number of barrels produced in what time period etc. Can someone tell me if that IS the case and perhaps speculate on what these checks we’re getting might be for if not oil production??? Thank You! Daren Theige
That’s the way this mineral owner business is. The operator usually is too busy to return calls and the information we have is months behind. I think it’s likely that things will be back to normal or maybe better when we can see next months figures. I know it’s not easy but hang in there Bob. From another Bob.
Iam a mineral rights holder in property located @157N 98W sec 9 of the Oliver field in Williams County operated by CLR. The well has only been in production since June of this year and figures have only been given for June, July , Aug and now Sept, My question is, June July and August were resonable production figures but then in Sept the production fell to 107 barrels per day and the well only produced for 3 days with zero runs. Can someone shed some light on why the dramatic drop in production?? I havent seen the figures for October yet as they havent been published, but I certainly hope they improve. Thank you for your time. Bob
Mr. Jones, it could be that they installed the pump in sept and they aren’t producing when they do that. I think it likely that they didn’t try to produce as much as they could in the first four days either. I think the odds are good that they are bringing the well back online slowly. I would give it another month before I became concerned. If things don’t improve there is plenty of time to become concerned as the well isn’t going anywhere. I don’t think they would have gone to the expense of putting a pump on it if they didn’t expect the well to produce far into the future.
Thank you Mr Kennedy. Obviously Iam getting worried over nothing at this point Thank you for your insight.
Bob
@Robert Alton Jones…Hello…I’m very curious as to how you obtained the production information you have on your wells. My Mother who recently passed has 1/2 ownership of mineral rights on two wells but I have absolutely NO production information about those wells. So far we have gotten no checks due to 2 requirements in the divisional order…actually typo’s of some sort in the deed that I have a lawyer working on. I’d really love to know how I could get production info on these wells. Thanks.
Mr. Theige, the P. Peterson—15H3 has produced 44,296 bbl as of Sept. The P. Peterson----------15H has produced 45,517 bbl as of sept. I have a basic subscription to the NDIC which cost $50 annually. I hope this helps.
mr. Theige
I subscribe to the basic subscription on the NDIC site. It costs $50 per year and is well worth the subscription fee. It will give you all the info yo require on your wells from the day they were first drilled until the present. Hope this helps. Also I have found this site extremely informative. They seem to have most of the answers for people like us.
Thanks to Robert, Charles and Mr. Kennedy…that’s very good news!!! It will be nice to see that first check if my math is correct…I will certainly look into getting a subscribtion to NDIC basic service. Thanks again!!!
Dean Theige
The file numbers for these two well are 20563 and 21081. Using these file numbers you can get more info on the NDIC website: https://www.dmr.nd.gov/oilgas/
To get detailed info you need to subscribe to “Basic Service” there for $50 a year. Its well worth it. Sounds like these are both good productive wells.
Mr. Theige, one of the better ways I have found to calculate is to use one of the online royalty calculators and then reduce the amount it shows you by 50% to determine how much you get to keep after operator deductions, production,severance, state and federal income taxes. 50% may be a little conservative but better safe than sorry and I think it’s pretty close.
What is the going approximate leasing bonus amount for sections around
T158N-R102W-S7…
Thanks!
I have been offered a top lease for my mineral rights. Three years ago I was given $500.00 per acre, they are now offering me $1,000. What are minerals in T158N-95W-S11 leasing for?
Linda:
Looking at the GIS map, it appears that XTO Energy has a well in T158;R95;Section 10 which is located beside your mineral area and it has been active since 2009. The well name is the Lyla 24X-10. I would first research the production figures on this well. As for your current top lease offer, I would negotiate for at least $2,000/acre bonus with a 20% royalty, 3 year lease. I would not consider anything less than $1500/acre as there are other wells in the area to the West. The Lindahl field, where your minerals are located, has been the site of numerous older wells, some which have been plugged but others that remain active. Take your time and don’t rush to sign.
Thanks Charles. The lease would be for 3 years at 20%. I know to be patient. Needed a ballpark to start negotiating.