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Logan County, OK - Oil & Gas Discussion
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Oil & gas discussion group for those interested in Logan County, OK. Share your experience regarding lease bonus, royalty rates, drilling activity, and oil & gas news.
Members: 41
Latest Activity: yesterday
Discussion Forum
Lease Activity in Logan County
Started by Steven Holt. Last reply by Forrest Cress yesterday. 16 Replies 1 Like
Hello out there! I recently found out my family owns the mineral rights to acreage in Section 26 17N 4W in Logan County just south of Crescent OK.We've been approached by a company wanting to lease…Continue
TOWNSHIP 17N Range 4W
Started by Forrest Cress on Saturday. 0 Replies 0 Likes
Hi there. Glad to join the forum. My sister and I have received a couple of mineral rights lease offers recently on the farm our grandma lived on for more than half a century--the higherone at…Continue
Bonus rates and drilling activity 17N 2W logan county
Started by roger berlin. Last reply by K.E. Neely May 19. 4 Replies 0 Likes
Folks,I'd appreciate any input on drilling activity and results in 17N 2W or contiguous areas and the current leasing rates including bonus rates per acre.Thanks for your help.RogerContinue
Keywords: production, results, activity, drilling, bonus
Oil & Gas leasing Question
Started by Patricia Gathers May 10. 0 Replies 0 Likes
Can anyone offer me some insight, into how this works. I received a oil and gas lease from Todco Properties. The lease in question is the SE QTR (SE/4) Sec 10 T15N, R1w of Logan county OK Containing…Continue
Comment Wall
Comment
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Comment by Wilsontownship on Friday -
Congrats Kaye. Good work a great example of the value of being patient and learning as much as possible and importantly sharing deal information on a website like this one. Wilson
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Comment by Kaye on Friday -
Mineral Joe,
S22 T19N R3W
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Comment by Kaye on Friday
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Lee,
I owe you a big thanks for your encouragement to hang in there and for all your help in explaining what was happening in the area! I just didn't get a good feeling that they were making me a fair offer at $250. or even when they went up it to $300., both @ 3/16th. and am glad I had you and Virginia help guide me through this wild world of oil and gas! With all of your help, I was able to tripled the bonus and gain a little knowledge along the way about the business. Additionally, working with Greg Taft was a real pleasure, who helped to make it happen and certainly, worth the wait!! Anybody, else interested send me an email at: factualresearch@yahoo.com
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Comment by Steven Holt on Friday
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We've been offerred $300, $500, $530 and $570 per acre (all with 3/16 royalty) by four different companies---with the latter three offers coming within the last 3 weeks, for our mineral rights in Logan County.
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Comment by Mineral Joe on Friday -
Kaye,
what township and range?
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Comment by lee phillips on Friday
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As stated weeks ago to lease at 350 was to cheap and now we are seeing that the production rates do warrent much higher lease price.Way to go Kaye! you listend to what I posted.Now as for the boom to start,H & P are moving 6 rigs to Logan county in the next 30 to 40 days so im told.The Osage well north of cresent is making 1300 BOPD.Very good insentive for increased drilling.
Lee
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Comment by Leon P on Thursday
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anybody else getting close to $800 and 1/5 in logan co. heard of $500
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Comment by Robert Brian on Thursday -
update on Adkisson 6.5 miles west of Mulhall. Well has production piping connected to tank battery, water tanks plumbed into the SWD well. Still commissioning instrumentation. No production yet.
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Comment by Kaye on May 22, 2012 at 12:46am
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Just signed leased with Greg Taft, Moncrieff Oil at $800. per acre for 3 yrs. 1/5th., with 2 yr. option at $1200. Very professional!!
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Comment by Kaye on May 17, 2012 at 11:26pm
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I think Logan Co. is going to be a "hot spot" soon!!
"Drill baby Drill" ...
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