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Garfield County, OK - Oil & Gas Discussion

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Garfield County, OK - Oil & Gas Discussion

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

Members: 103
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Garfield County OK Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles 2 hours ago. 255 Replies

Post, discuss and share information related to Garfield 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

Virginia

Started by Deborah Lynne Gerst. Last reply by M.D. Rodenberg Oct 14. 1 Reply

Virginia, it looks like according to the Oklahoma Tax Commission you also have an oil, gas well.  I looked up the other Eason,   26_23N 21N, 3W and it is classified as an oil.  Devon is finally…Continue

Completion report detail

Started by zlink. Last reply by Nancy Williams Sep 20. 2 Replies

Does the completion report tell if you have a good or a great well ? is there an some indication one should look at?…Continue

Chaparral Energy Interest

Started by Glenn Michael Stinson (Mike). Last reply by Martha McMorries Aug 15. 5 Replies

  On 3-20-14 & 6-6-14 Chaparral Energy filed at the Garfield C.C.H.that they had purchased from several different lease companies a major interest in the following Oil & Gas leases for…Continue

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Comment by Virginia Pflum on October 18, 2014 at 1:10pm

Deborah,

I do not know for sure if you are part of Tip Top as Garfield Co Clerk office is not on line.  I just heard that some of Devon leases were assigned to Tiptop.   When I go to the farm, I will have to check on it.

Even if we are part of Tip Top, they are probably letting Devon take care of things for them. 

Comment by Deborah Lynne Gerst on October 18, 2014 at 11:56am

Virginia, are you saying we are not part of Tiptop if I am setting on the very edge of Garfield county, Section 27, 21n 3w?

Comment by chad elliott on October 18, 2014 at 10:33am

Thanks for the settlement info Virginia.  Martha, yeah, Karen ended up on the wrong side of an obvious murder.  I had no idea Aubrey was the Great-Nephew of Robt. Kerr.  Oie!!!

Comment by Virginia Pflum on October 18, 2014 at 9:53am

Thanks Martha.  

  No wonder he got so smart in the oil world, he had lots of training for a long time.  I'm just hoping other oil company won't follow suit.  And that the Saudi won't ruin our oil prices.  Then the Chinese, Korea and French will go over there to invest.

Comment by Martha McMorries on October 18, 2014 at 9:22am

Virginia and Chad,  Thank you for the good news Virginia. Aubrey is the great-nephew of OK Governor Robert S. Kerr.  Sometimes, I think the nightmare at the Kerr-McGee Cimarron Fuel Fabrication Site plant near Crescent, Oklahoma has never truly ended.  But, it sure ended for Karen Silkwood. 

Comment by Virginia Pflum on October 18, 2014 at 9:06am

Chad,

Chesapeake pay out:

DFW airport  5.3 Million

Bass Brothers   won  ++++

Hyder Estate  1 M ++

Arlington City  1 M +

Ft. Worth    won

Right now over 10,000 people in Tarrant and Johnson Co are suing.

Aubrey is really a smart man, but also a big crook and needs to be put away instead of making rules for Washington D C.  He is going to hurt all of us before this is over. 

Regarding Devon and Tip Top.  According to Noble Co records, (Garfield Co not on-line).  Devon assignments, bill of sale & Conveyance 33% of all leases, working interest, etc to Tip Top Energy Production.  I haven't check the records yet to see if anymore has been transferred.

Regarding oil prices,  I heard that Saudi break even cost on oil was $10 BB, while TX has to have about $60 to $75 B to break even.   If I remember right, CAN was about $100 and N D was up about $75 to $80.  So, it doesn't look good in the oil patch right now. 

Comment by chad elliott on October 18, 2014 at 7:56am

@Martha:  So sorry you had to endure CHK as an employer, and kudos to you for getting out of there as quickly as you did.   And you're right, imho, Aubrey is a brilliant man.  Its just too bad many people suffer at his hands.  (I remember reading about the Bass lawsuit, but hadn't heard they won...I hope it was a massive payout).

@Virginia:  I hadn't heard about Devon selling (or transfering) leases to TipTop.  I know they made a deal roughly two years ago with Sinopec for some working capital.  Maybe that is what this is?  Don't know for sure.  Devon has our lease so I'd be interested in seeing how that plays out.

@Deborah:  Hope you get a good well (or 3).  Its too bad it came online about the time OPEC reared its ugly head to purposely lower oil prices.  My guess is that they see the US shale boom as a threat, so they're trying to dissuade current and future US investment.

Comment by Deborah Lynne Gerst on October 13, 2014 at 12:18pm

To all my many advisors out there; is there anyway to see who the purchaser of our little dab of oil and gas is.  We started production according to Oklahoma Corp Commission on August 1.  I think there is a delay before it goes to the Tax Commission.  Wondering if there is anything that I am missing on the Corporation page.

Comment by Virginia Pflum on October 9, 2014 at 9:57pm

Martha,

I think that is the one.  What I don't know at this time is why Devon was the grantor and Tip Top Energy Pet is the grantee.  I just know they were suppose to drill a well and the next thing it's Tip Top, yet I haven't read anything regarding a merger, etc.

Comment by Martha McMorries on October 9, 2014 at 8:02pm

Virginia, Do you mean Tip Top Energy Production US LLC?  If so, Tip Top  is Sinopec's US subsidiary and Sinopec is Chinese. http://english.sinopec.com/index.shtml

 

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