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Caddo County, OK - Oil & Gas Discussion

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Caddo County, OK - Oil & Gas Discussion


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

Members: 113
Latest Activity: 11 hours ago

Discussion Forum

Caddo County OK Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles 11 hours ago. 39 Replies

Post, discuss and share information related to Caddo County Oil & Gas permits in the replies below.Thank you to Clint Liles for championing the effort to keep us all up to date.Continue

Lease offer

Started by Alex H. Last reply by Rick Howell Apr 8. 2 Replies

I've gotten a lease offer from TS Dudley land company on behalf of Continental Resources. Offer of 750.00 acre 3/16 3 year term, for Caddo 22-9N-10W.Has anyone dealt with them? Sorry if this was…Continue

Selling Mineral Rights

Started by Shannon Woods. Last reply by Ron McKenzie Apr 1. 1 Reply

Is there any activity in 26-07N-11W. Had a 5 yr lease that expired in 2012 but have had no other offers.  I'm thinking about selling my rights.  What would be the pros and cons of this?  If I decide…Continue

Father's estate

Started by Gene Miller. Last reply by M Barnes Mar 4. 1 Reply

there are some mineral rights included in my dads estate which I became the executor of last week.the mineral deed has this description. (W/2) (NW/4) SECTION 20 Township (6) north, range (11)…Continue

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Comment by Melanie on April 3, 2014 at 9:56am
Thank you so much Rick!! Appreciate your help :-)
Comment by Rick Howell on March 31, 2014 at 3:45pm

Melanie,

There have not been any applications or permits issued for that section or the surrounding 8 sections in the last year. 

Comment by Melanie on March 31, 2014 at 1:36pm
Hello! We signed a lease last year in August with Norwood Land Services in Caddo County located: Lot 4 nw quarter (nw/4)sec 2 twnship 9N range 13 west of Indian meridian. We have seen Clint's posts for Caddo County Oil & gas permits but don't know if the posts are pertaining to the well(s) drilled recently in connection to our lease. Any information anyone might be able to share would be greatly appreciated.
Comment by M Barnes on March 24, 2014 at 11:01am

Rob, it depends upon whether the amended DO are for errors in title, hence changed royalty interest percentage or whether it is just a change in company that is buying production.  If RI issue, hopefully they will go back to Day 1, plus any interest penalty (which sometimes you need to ask for). If just a change in buyer, then be sure and check your RI to verify that it is correct and it may be from date of agreement to switch over to new company.  Keep track of all your paperwork!  

Comment by Ron Zobisch on March 23, 2014 at 6:15pm
was curious Ive received amended division orders for 4 more wells. How far back will they have to pay my royalties?
Comment by Charles Gibson on March 20, 2014 at 11:39am

Thank you Rick

Comment by Rick Howell on March 19, 2014 at 4:10pm

All of the ones I have seen favor the Lessee. The usual top lease clause prevents the lessor from entering a top lease without allowing the lessee final right of refusal.  So I feel a top lease has absolutely no advantage to the Lessor unless that is the only way they will enter the agreement with you.

I don't like top leases restrictions.  If I decided to negotiate a top lease with another operator, I want the current lessee to bring the money to the table. Not just meet someone else's offer.  I also don't want to be caught in the notification process. I'll simply give the lessee the chance to throw me a best number out there and choose from that. 

Comment by Charles Gibson on March 19, 2014 at 3:21pm

I am a newbie and want to know if a top lease clause is more benefical to the Leassor or Leasee

Comment by Ron McKenzie on March 19, 2014 at 8:02am
Comment by Ron McKenzie on March 19, 2014 at 7:58am
 

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