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Kingfisher County, OK - Oil & Gas Discussion

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Kingfisher County, OK - Oil & Gas Discussion

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

Members: 291
Latest Activity: 2 hours ago

Discussion Forum

sec 29-17N-9W valuation

Started by don bernhardt. Last reply by Robert Rooney 2 hours ago. 1 Reply

    I own mineral rights on 17.77 acres of sec 29-17N-9W and was wondering about selling.  It has 2 producing wells, the biehler 1H-29X and an older vertical, at 1/8 royalty.  What has been offered…Continue

Offer in Kingfisher County, Section13, Township 16N, Range 07W

Started by Warren A. Heine. Last reply by Margaret Kellogg 16 hours ago. 8 Replies

My two brothers and I received another offer to purchase our mineral rights, as listed above (S13-T16N-R07W, in Kingfisher County).  Together, we own 1.071 net mineral acres.  The offer is $3,600 per…Continue

18n 9w and 19n9w

Started by K. Last reply by Archie Smith Aug 14. 1 Reply

What offers is everyone receiving in these townships? Thanks!Continue

Leasing offers on Kingfisher 11-15N-5W

Started by Donald B. Megahan. Last reply by Donald B. Megahan Aug 13. 4 Replies

I have received a leasing offer from Wrangler Energy for 11-15N-5W at $4000/acre and 3/16 royalty. I believe I have 16.9 net mineral acres. This is certainly an improvement on my previous 2014 lease…Continue

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Comment by don bernhardt yesterday

I have 17.7 acres mineral rights in sec 29-17N-9W kingfisher county and was wondering what kind of offers to sell have been recieved for this area and who might be buying? It has two producing wells on it, the biehler 1H-29X and an older vertical well, paying 1/8 royalty.

Comment by Sandra yesterday

Does anyone know which company's are leasing right now?

Comment by Patrick Folgers on August 13, 2017 at 12:20am

Anybody know whats going on in 18N-9W, I was force pooled by PayRock, then Marathon over a year ago and I think they let it expire. Ever going to get drilled?

Comment by JOHN MORAN on August 4, 2017 at 11:13am

Linda, M Barnes recommended Ryan. M Barnes is very helpful and as a geologist has given great advice to many people concerning mineral rights, etc. I think that Ryan is very reasonable but you'll have to talk cost with him because it depends on what you need. He's very knowledgeable about what you may need and it depends on how much time is estimated to do the work. The lawyers we had were on a separate matter and if you need a lawyer you basically just have to see what kind of agreement you can make with them so I can't really say much about that.

Comment by Linda on August 4, 2017 at 6:46am
Thank you John. How did you meet Ryan & was it expensive for him & the lawyer? Thanks
Comment by JOHN MORAN on August 4, 2017 at 12:26am

Linda, Ryan Story is independent, go here  www.mineralrightsforum.com/profile/RyanGStory?xg_source=profiles_me...  to contact him through this forum. I did deal with a lawyer there BUT Ryan may know someone better as the lawyer I used wasn't that great with oil matters.  Ryan can tell you what needs to be done if you contact him and tell him your situation, he is an expert. A search for the deed(s) only needs to be done once as far as I know. I think he can also tell you about selling if that's something you want to know about. Main thing is don't sign any papers until you have some good advice and you can get that from Ryan, also M Barnes. Hope that helps.

Comment by Linda on August 3, 2017 at 9:15pm
Thank you John. I just received 2 offers, one from BFC & another from Crestwood. They show different amounts of mineral acreage in my name. I have a stipulation that was filed in 2006 that looks like I have a lot more acres than they both found. One found 68 & the other 61 rounded.
Do you have the company Ryan works for? I need to find out for sure how much I have. Been receiving checks and never looked in to this before. Probably should have.
Also if I sell, do you have an attorney in okla that is recommended to further complete the deal? Would an attorney also need to do a title search after Ryan does? Thanks.
Comment by JOHN MORAN on August 3, 2017 at 8:57pm

Linda, I was in a similar situation as far as acres and other information goes. If you have a deed it should show the acres. In my case our parents misplaced the deed. I went through everything I could think up but finally had to hire a landman to go search the records to get the information (I'm in CA so have to get someone in Oklahoma). Just received the information so now, if I decide to sell, I know exactly what I have. If you have to go that route I would highly recommend Ryan Story, a real professional, no BS, he can estimate the cost. You can contact him via this site in the LANDMAN listing, he is HIGHLY recommended.

Comment by Linda on August 3, 2017 at 8:47pm
Jonathan, thank you for your response. There's no way I would sign a deed over to someone without the exchange of a certified check at the same time. Don't want to hear the checks in the mail when royalty sales are involved. I'm not afraid of walking away.
I'm having a hard time getting the same # of mineral acres from the different companies & my records are different too. How do I get the real true amount?
Comment by Jonathan Ringler on August 3, 2017 at 4:11pm

linda,

IF they actually meet you there then yes, the problem is that they drive the nail half in so to speak. I've dealt with several customers that have had bad experience with them. from not having their deeds filled for months and being bombarded by companies thinking the minerals are still valid, to signing deeds and never getting paid for them. But to answer your question, yes if they meet you there one would assume they would pay, if they don't have the money and want a deed signed, try to get a legally binding contract from them saying we will pay within X amount of time.

 

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