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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

 

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Section 32-8N-8W

Started by Monica Woodward 4 minutes ago. 0 Replies

Grady Co., Oklahoma-Section 36,10N, 5W

Started by Donna Giguere on Monday. 0 Replies

Info on Betche 1-33?

Started by Sheree Johnston. Last reply by Lawrence Betche on Saturday. 11 Replies

Grady County Oklahoma - Section 3 8N 7W

Started by Paul Mitchell. Last reply by Don Bray Jan 12. 1 Reply

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Comment by M Barnes on March 22, 2017 at 9:11am

Thena, 

Mid Continent and Linn have pending causes before the OCC to drill a multi-unit horizontal well through that section.  I would not be too concerned about the bankruptcy.  Most of the companies are getting their affairs in order and emerging from them.  The royalty owner is usually fine.  They need our acreage to continue making money.  The cause is 201701538 if you want to look it up on the OCC site.  Has a nice map of the well.  At 158 acres, you are a prime target for a sales offer.  They want your royalties for that and any future wells.  The location of the pending well tells me that they have left room for more horizontal wells in the future.  Several sections close to you already have multiple wells.  I have found that sales offers are usually quite low to actual value and they hope you don't know that and don't know about the future drilling.  Friend me with the blue icon at the left if you want to know more about the area and what is going on.  Our family hangs onto our minerals.  

Comment by Don Bray on March 21, 2017 at 9:01pm

Lynn, (from John Morgan's link) the one page mineral deed filed in Book 3595 on Page 214 shows you have 1.5 acres (1/2 of 3/40).  You should have been receiving royalty checks from Linn Operating INC.  There are 5 active wells although production is suspect.  Probably the reason you received a lease offer.

Comment by John Morgan on March 21, 2017 at 7:58pm
https://idocmarket.com/Sites#

Lynn the above site Replaced OK COUNTY RECORDS for searching in Grady County.
Comment by Lynn Lansford on March 21, 2017 at 4:00pm

I got a lease offer on Sec.11, twn 9N, range 6W in Grady. My problem is that I share this with my sister who has refused to give me a copy. I don't know how many acres I have and can't find it in the OK records online. I guess the company who is wanting to lease knows, but I would like to have that info too. Anyone know where I can obtain it?

Comment by R Story on March 21, 2017 at 7:39am

It means that at some point in the distant future, the title to the WI of that well is going to be wonky.

Otherwise it should be great news. I trust you received good terms on your last lease.

Comment by Craig Jolly on March 20, 2017 at 9:24pm

Just received some legal papers in today's mail. It seems Cimarex Energy Co. is seeking relief for a "Multiunit horizontal well in section 31,Township 11 North, Range 8 West, Canadian county and section 6, Township 10 North, Range 8 West, Grady county. Not real sure what this means at the moment, but, hoping it good news.

Comment by Gordon Lincoln Cummings on March 20, 2017 at 5:46am

Rise the taxes on the people to benefit the oil guys...

Wrong.

Raise taxes a little on the clean water produced by the OIL GUYS to pay for the clean up,,,,

Right.

If Rick and Scott can clean up the Flint water problem, they may well clean up the Oklahoma waste waste water problem too.

EPA grants $100M for Flint water

http://www.cnn.com/2017/03/17/politics/epa-100-million-flint/

But it never ceases to amaze me how the Anti-Fossil Fuel Fanatics can continually whine about a relatively small amount of money to help the OIL GUYS, but you never hear a peep out of them about the $100 Billion PER YEAR squandered on phony "climate" research.

Developed countries have committed to mobilizing $100 billion a year in climate finance by 2020.

http://www.huffingtonpost.com/barney-dickson/mind-the-other-gap-ada...

But, thankfully, the day of the Anti-Fossil Fuel Fanatics is coming to a close.

Pres, Zero is gone and most of his buddies are on the way out too.

Attorney General Jeff Sessions has asked the remaining Obama-appointed U.S. attorneys - 46 in all - to hand in their resignation......

A good second step would be mass firings at the EPA

https://townhall.com/tipsheet/cortneyobrien/2017/03/10/sessions-has...

There is a new Sheriff in town and his Deputies, Rick and Scott, are OIL GUYS.

And so am I and so should be everybody on this blog!

So the Anti-Fossil Fuel Fanatics had better learn to SUCK IT UP.

Cuz pretty soon the only thing they'll have to do is go to Paris and help stink up the Louvre, like the picture above.

Anti-fossil fuel activists stage Louvre oil slick

http://www.climatechangenews.com/2017/03/07/anti-fossil-fuel-activi...

Don't let the door hit 'em on the way out!

Comment by Bud on March 18, 2017 at 2:17pm

Rise the taxes on the people to benefit the oil guys -- wow -- 

don't think it will fly ??? 

May not be in the Make America Great Again agenda.....

Comment by R Story on March 18, 2017 at 12:53pm

Debra,

I seem to remember a presentation by a couple of young entrepreneurs that were working on an engineering project that would desalinate waste water at the well sites for reuse. They had successfully built a working model. The technology is already here. It has been developed and people have tried to make a working business model with it.

There was no interest in this technology from either operators or investors. I suspect that there is a lot of misinformation and misunderstanding among the general population on this subject.

There are already some very big names in the waste water purification business. However, in the end, waste water disposal wells make more short term economic sense. The OWRB committee report came to the same conclusion.

Moving towards other solutions will simply involve increasing drilling and production costs and making these wells less profitable to drill. When the cost of importing water is greater than using the preexisting off the shelf technology solutions, I suspect the problem will be self addressed by the market without the need for government intervention.

The simple solution to encourage water re-use is addressed in the report. "Limited disposal options will raise the cost of water disposal and tend to encourage water re-use."

As for the greater environmental concern of water use, I think it is worth noting that fracking for oil and gas extraction accounts for less than 1% of the total industrial water use nationwide.

Comment by Debra Cummings on March 17, 2017 at 9:54pm

Could be Bud.

They could use some private funding.

But they could also place a small tax on the clean water that is produced.

That would pay off big, particularly in California.

And they could use just a small part of the billions they are cutting from climate change "research" nonsense to fund this very worthwhile project, probably for less than $1 billion.

I wouldn't  underestimate the ability of Rick and Scott to....GET ER' DONE!

At least, I hope so!

 

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