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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: 797
Latest Activity: 16 minutes ago

Discussion Forum

lease info for grady sec 18 & 19 in 5-7

Started by Kent Dunn. Last reply by Hal G on Sunday. 1 Reply

Experience with companies doing a title search regarding an offer

Started by Gale Adams-Davis. Last reply by Richard Dean Lowry on Saturday. 8 Replies

36-9N-7W Grady

Started by Glen. Last reply by Glen on Thursday. 2 Replies

11-5N-7W - 15 Net Mineral Acres Open Available For Leasing

Started by John Gregory Moore. Last reply by John Gregory Moore on Thursday. 10 Replies

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Comment by Lawrence Betche on Sunday
Glen, sounds like good news with possibility of great news. I looked at your lease and primary term expires Sept 27 with Continental which is in about 4 months. It appears both Gaedeke and Continental want to be operator and in early Gaedeke filings Continental filed a protest. You should hope this fight drags out any drilling so you can lease again. If so, leases in 9N, 7W are going for $4000-$5000 per acre bonus with 1/5 royalty now pretty standard. I hope you lease again at great terms and they spud a well in October.
Comment by Glen on Sunday

I have mineral interests in 36-9N-7W. My current lease is due to expire in a few months and am expecting an offer to lease soon.  I’m just now starting to learn about all this mineral interest leasing stuff because I want to be more proactive about my leases. I’ve been researching and trying to learn for a few days now and probably have more questions now than I had when I started. That’s ok though, because I have learned some things.

I stumbled upon the Oklahoma City Oil and Gas initial/continued hearing docket for May 22, 2017 and I see there that Gaedeke Oil & Gas Operating has a hearing CD 201605806 regarding horizontal spacing. The same company also has, on that date, CD 201605809 regarding pooling. My question about this is: what does all that mean? Also, I received in the mail, two days ago, a notice of hearing regarding Continental Resources establishing new horizontal drilling and spacing units scheduled for June 5, 2017. What is all of this about? Thanks, in advance, for your help.

Glen

Comment by Lawrence Betche on Saturday
Latest CLO bids are released and looks like Continental was outbid in Grady at $6500 per acre bonus verses Continental's bid at $5650,

https://clo.ok.gov/wp-content/uploads/2016/11/CLO-Tabulation-May-20...
Comment by Stephen Weeks on Friday

Dear Miss Jennifer,

Kenneth W Cory Ltd operates wells in Oklahoma.  They have been active in Oklahoma for quite some time.  They are a small independent.

Comment by Debra Cummings on Friday

Grady County and Continental just keep on rolling!

That's the biggest well in Grady County that I can remember.

GRADY COUNTY
Continental Resources Inc
Springer(12328): Oil 1808 Gas 2952 Water 1449 Flow
11 6N 6W Trammell 1r-11-14-23xh, February 10, 2017
HH, OIL, TD: 21374 ft
Lat: 35.00579, Long: -97.79804 API: 35051240710000

http://okenergytoday.com/2017/05/completion-reports-may-19-2017/

Comment by Daniel Clyde on Friday
Jennifer, was that offer $16,000 per acre?
Comment by Jamie Wolf on Friday
Does anyone have any information on the Cleburne well in 4N-7W? Gulfport said it was supposed to be completed end of April and now I can't get any additional info from them. Crossing my fingers that there isn't any issues.
Comment by Jose F Lisboa on Thursday

rdub, Thank you...the permission to drill was published today...the well will be named Bridwell and will be no less than 2,000 feet from the West Boundary of sections 22&27...it is in the Mississipian and hopefuly a good one ;))) I hope it will at least equal the Ratliff...

Comment by M Barnes on Thursday

Yes, Bellaire is in Houston, one of the internal communities. 

Comment by Jennifer on Thursday
Kenneth W. Cory LTD. out of Bellaire TX. Never heard of them but I think they are close to Houston.
 

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