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Grady County, OK - Oil & Gas Discussion

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Grady County, OK - Oil & Gas Discussion

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

 

Members: 843
Latest Activity: 3 hours ago

Discussion Forum

WHAT SHOULD I ASK FOR MY MINERAL RIGHTS?

Started by Richard Dean Lowry. Last reply by Rudy Ramsey on Friday. 1 Reply

Lease vs. pooling

Started by Charlie MacCoy. Last reply by Charlie MacCoy on Friday. 4 Replies

Unit's Atkinson 1-21 H

Started by Hal G on Friday. 0 Replies

Grady County Section 25-8N-5W

Started by Val C Carter on Thursday. 0 Replies

Grady Co. Section15-9N-8W

Started by Kylan Lewis. Last reply by Darla Charlow Ragland on Wednesday. 6 Replies

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Comment by Olvis Ray Strickland on February 20, 2017 at 10:24pm

I tried to read and grasp all that Sylvester but was afraid my head was going to explode.

Comment by Sylvester W. Brock, Jr. on February 18, 2017 at 3:03pm

I found this article interesting. Lot of good charts.

https://wattsupwiththat.com/2017/02/18/oil-where-did-it-come-from/

JimB

Comment by Sylvester W. Brock, Jr. on February 18, 2017 at 3:03pm

I found this article interesting. Lot of good charts.

https://wattsupwiththat.com/2017/02/18/oil-where-did-it-come-from/

JimB

Comment by Debra Cummings on February 18, 2017 at 2:44pm

Map of the Granite Walsh Basin in western Oklahoma.

Shale Drilling Is on a Roll as OPEC Cuts Keep Oil Above $50

This week other parts of Texas and Oklahoma began to shine, with the Granite Wash Basin adding five rigs and the Barnett Basin adding two.

https://www.bloomberg.com/news/articles/2017-02-17/u-s-oil-drilling...

Now Oklahoma's got the Granite Walsh Basin to go along with Scoop and Stack, all because of fracking.

And when Scott Pruitt and Rick Perry solve the waste water desalination problem, Oklahoma's could have billions of barrels of irrigation water to go along with all the oil and gas, all because of fracking.

Fracking could help make Oklahoma, not only prosperous, but, also, the GARDEN SPOT OF AMERICA!

Comment by Debra Cummings on February 17, 2017 at 3:33pm

Scott Pruitt, longtime adversary of EPA, confirmed to lead the agency

https://www.washingtonpost.com/news/energy-environment/wp/2017/02/1...

Great news for Oklahoma and America.

Way to go, Scott!

Comment by m denney on February 17, 2017 at 12:08pm

How many of you (if any) are stuck in the Vanguard bankruptcy? Guess this has become a common issue? I was "Noticed" however our lease was sold to Titanium Exploration........I dont see why our royalty checks are affected by the Vanguard BK......and their phone explanation did not clear that up but anyway no payments coming!!  

Comment by Debra Cummings on February 17, 2017 at 10:20am

Has the Permian Basin become too hot?......It is not uncommon these days to see land deals selling for more than $60,000 per acre, which Wood Mackenzie says is 50 times higher than four years ago and still 10 times higher than the Bakken today......

As oil prices rise above the breakeven prices of other shale plays, the Permian becomes comparatively less attractive, especially given the high costs of entry. Oklahoma’s SCOOP and STACK plays, the Eagle Ford, and the Bakken could see their fortunes revive....

http://oilprice.com/Energy/Energy-General/Passing-On-The-Permian-Ha...

Grady County (Scoop) may not be quite as hot as it was, but it is still right up there with the BEST OF THEM!

Comment by Debra Cummings on February 13, 2017 at 11:17pm

if you draw SS benefits at age 62 before the full retirement age of 66, you've got to pay a penalty if you continue to EARN INCOME from work from 62 until you reach full retirement age of 66,..

The amount of the penalty varies depending on how much you earn.

If you earn more than $15,720 (in 2016), Social Security will deduct $1 from your benefits for each $2 you earn over the threshold. In the year you reach full retirement age, you can earn up to $41,880 (in 2016) without having a reduction in benefits.

As I said, it's all a little confusing to me.

Comment by Linda Gilmore on February 13, 2017 at 10:08pm
Ok Paula thank you
Comment by Paula on February 13, 2017 at 10:06pm
Let you know more have meeting with my CPA what gave me this info. Will let you know more.
 

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