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Love County, OK - Oil & Gas Discussion

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

Members: 7
Latest Activity: May 17

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Oil and gas leasing or permitting activity?

Started by Ron Dilks. Last reply by lynda k olcese Feb 3. 1 Reply 0 Likes

Anyone know of any permitting or leasing going on in this County yet? Also, would anyone yet know what the acreage should be priced at in the vicinity of 9S 1E? Thanks.Continue

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Comment by John Reagan on May 17, 2012 at 7:54pm: I leased for 150 for a 3 year and a 3/16 yesterday to XTO. My engineering friend checked out the "forced poolings" and that is what was going on in the area.

Comment by Ann Whitchurch on April 18, 2012 at 8:44am: Ron, the OK Corp. Commission has permits on their website. Also, NEWSOK has permits & completions in their Business Section Tues-Sat. You have to register but it's free.

Comment by Ann Whitchurch on April 18, 2012 at 8:41am: I've heard XTO is paying $500/acre with 3/16ths royalty for Woodford Shale prospects in various parts of Love County.

Comment by Ann Whitchurch on February 3, 2012 at 10:00am: Thanks, Matthew!

Comment by Matthew on February 3, 2012 at 9:35am: I did not see anything where you are located but I would try to get $250.00 an acre and a 3/16 based on a pooling order recently filed for another section in Love County. The pooling gave $200 and an 1/8th or 152 and a 3/16.

Comment by Ann Whitchurch on February 1, 2012 at 1:32pm: I am also interested in Love County recent lease terms. I now have interest from Fractal to lease in my 6S 1E Section 22 tract.

Ann Whitchurch