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Payne County, OK - Oil & Gas Discussion

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Payne County, OK - Oil & Gas Discussion

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

Members: 88
Latest Activity: on Saturday

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Advice and information needed...

Started by Jaycie A. Cochran. Last reply by Katherine on Friday. 2 Replies

My father recently found out that he inherited some mineral rights in Payne County. The way we found out that he even had them was Calyx Energy sent an offer for a lease of the rights. I am trying to…Continue

Need Advice On Inherited Mineral Rights in Payne Co

Started by Kevin Bratcher. Last reply by Phillip Beall on Tuesday. 4 Replies

I was contacted the other day about some mineral rights we own in Payne Co regarding a 40 acre section.  We were unaware of any mineral rights, but I do know my grandparents lived North of Stillwater…Continue

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Comment by Phillip Beall on May 7, 2013 at 12:43pm

Ron:

Thanks for the document very helpful.  Our lease in sec 9 20N R2E is until Oct 20, 2014.  Will check back with you on pooling for this location later.

Comment by Ron McKenzie on May 7, 2013 at 12:11pm
Comment by S Nathan Roberts on April 28, 2013 at 5:08pm

The only thing that makes me think that they will go from 11 to 12 (aside from my inexperienced brain thinking that it would make sense) is the following post from last month...

Comment by Michael Ross on March 21, 2013 at 11:08pm           

New proposal at Sec. 12-17N-4E (640.00 ac), Payne County. Proposed well--Wilson #12-1MWH by Calyx Energy LLC, Universal Land Services, LLC, Travis Trimbook, Landman, surface location NE/4 Sec. 11-17N-4E to terminus S/2 Sec. 12-17N-4E.Operator John Podowski, COO. TVD 4100'  TMD 8500'. Est. $2,891,515.00.  Offer ranges and is in terms of "per net mineral acre bonus", 3 year term.  Offer includes interest in well completion.  I am new to all this.  1/4 royalty but I am unsure of my true net mineral acres.  Any suggestions on how to proceed?

Comment by Ron McKenzie on April 28, 2013 at 4:26pm

 Section 2 does have production .  What makes you think they are going from 11 to 12 . Have you heard anything ?

Comment by S Nathan Roberts on April 28, 2013 at 3:42pm

Thanks Ron. I guess I knew that it was going horizontally under Sec 2, but didn't know how to ask the proper question. I'm gathering that they will use the same pad on sec 11 to drill over to me in sec 12. Hoping that sec 2 is producing.

Comment by Ron McKenzie on April 28, 2013 at 2:31pm

 In 11 they drilled a well from 11 under section 2 and the production is from 2. They also drilled some salt water disposal wells in 11, but I could no production for Calyx . Only from 2 drilled from 11.

Comment by S Nathan Roberts on April 28, 2013 at 1:22pm

Does anyone have any production figures for the Calyx well @ Sec 11 T17N R4E or can let me know where I could find them online? Thnx

Comment by Ron McKenzie on April 18, 2013 at 7:27am

 No permit. 

Comment by Larry Douglas Smith on April 17, 2013 at 1:49pm

Ron,

Any word yet on drilling permits. I did find out yesterday that Devon got the three additional wells approved for Logan Sec 36, T19N R 2W. I guess it is just a matter of time.

Comment by Ron McKenzie on April 4, 2013 at 11:02pm

  Larry  Remind me from time to time.

 

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