Stacy Chaparral has started paper work for a well in section next to you in 7-27n-16w . Them and Chesapeake are doing most of the leasing around you. Did you see what Chesapeake was ordered to offered in the pooling I posted yesterday below. Any questions ?
Woods: Midstates Petroleum Co. LLC; Book 2613 No. 3H-21 D Well; SW1/4 SE1/4 SE1/4 SE1/4 (SL) of 16-26N-13W; 358 barrels oil per day, 1,113,000 cu-ft gas per day; TD 11,105.
Does anyone know if there is any activity in Section 20-29N-19W. Maybe what the lease bonuses would be or who the oil companies in that area are? Any help would be appreciated.
Would like to have any information on leasing in the area of Section 36, Township 29, 13 West o the IM in Woods, County. Chesapeake had it leased about 3 years ago and when the lease expired they were no longer interested it that section. They had planned to drill the Almond well at one time and then never started it. Is there any leasing being done in that area of Woods, County? Any information will be appreciated.
Woods: Sandridge Exploration & Production LLC; Christopher 2816 No. 2-24H Well; SW/4 SW/4 SE/4 SW/4 (SL) of 24-28N-16W; 185 barrels oil per day, 938,000 cu-ft gas per day; TD 10,162.
I have a question about the bonuses paid into escrow accounts. The pooling orders say this:
“Any royalty payments or other payments due to such person shall be paid into an interest bearing escrow account by the holder of such funds. Responsibility for filing reports with the Commission as required by law and Commission rules as to bonus, royalty or other payments deposited into escrow accounts shall be with the applicable holder. Such funds deposited in said escrow accounts shall be held for the exclusive use of, and the sole benefit of, the person entitled thereto.”
So it says the Co. has to report to the commission an accounting. Where do I find that accounting? The Co. does not answer and I was not paid any interest or even the full amount of the land lease. Where do they make their reports, and how do I find out what date it was sent to OK Unclaimed property?
HI - I am just getting started here. We have property in the 25N-15W area. Can someone give me some direction/advice on a good place to start? Sandridge has contacted us and I am trying to figure out what is up.