America’s conversation place for mineral & royalty owners

Beckham County, OK - Oil & Gas Discussion

Information

Oil & gas discussion group for those interested in Beckham County, OK. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.

Members: 12
Latest Activity: on Wednesday

0 members like this

Discussion Forum

How do I find out if a lease offering price is reasonable and fair for the area?

Started by M Barnes Mar 25. 0 Replies 0 Likes

I have recently inherited some minerals in Beckham County and am receiving lease offers. How do I go about finding out what a good price is? Thanks.Continue

View All

Comment Wall

Comment

You need to be a member of Beckham County, OK - Oil & Gas Discussion to add comments!

Comment by Blair Schluter on March 21, 2012 at 2:41pm: My grandfather left us some mineral rights in Beckham Cty T11N R22W Sec30. It is under lease and we received a letter from Chesapeake regarding a "shut-in" from the original lease and a check for $1.25 according to original terms of lease. They explained the "shut-in" as part of an agreement in original lease if the well is no longer producing. I'm trying to get a copy of the original lease but it hasn't been easy. Any suggestions - should I accept the "shut-in" payment? do I have a choice? anyone producing in the area?

Comment by Matthew on January 8, 2012 at 10:45pm: The lease was in your section.

Check out my website and email me privately anytime. mhm@mcbeelaw.com

www.mcbeelaw.com

Comment by Jimmie Keith West on January 7, 2012 at 4:57am: Thank You very much, I will call them. Do you know what section this lease was in? I dont know what I can do to return the favor but if there is anything I can help you with please ask. I will keep you posted on what happens.

Comment by Matthew on January 6, 2012 at 4:58pm: Cordillera Energy Partners just signed a 1/5 three year lease with Mekusukey Oil in December 2011.

You can call them up or hire a landman or attorney to try and get you a lease.

Comment by Jimmie Keith West on January 5, 2012 at 10:48pm: Thanks Matthew, I just got a response back from Chesapeake/Arrowhead and they said that they were no longer interested in my area. Its Section-33-10N-24W 160 acres (37 net) any info you could give on who may leasing out there would be greatly appreciated.

Comment by Matthew on January 5, 2012 at 9:31am: Where is it located and i will look it up. There is plenty of activity in Beckham right now.

Comment by Jimmie Keith West on January 5, 2012 at 9:27am: I have property in Beckham and would like to know if anybody is leasing out there.

Comment by Matthew on January 5, 2012 at 9:26am: Sure.

Comment by Jimmie Keith West on January 5, 2012 at 9:24am: Hello ,? is there any body out there?