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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: 263
Latest Activity: on Tuesday

Discussion Forum

Please help--What is a fair rate for rentals and royalties in Section 35 in Payne County

Started by Tracy LaRue. Last reply by Charles Hoke Apr 17. 9 Replies

I inherited mineral rights in Payne county. As I am just about to sign a new lease agreement, I would like to know the general going rates for lease and royalties. it's identified as Lot 3 & NE/4…Continue

Keywords: payne, county, rights, mineral, worth

New Owner

Started by Greg Bowden. Last reply by Greg Bowden Mar 27. 2 Replies

Hi guy's, what's the best way to find out if there's any activity in Payne County Section 4 Township 19N, 4E, 4/SW      Thanks for any help and advise.      GregContinue

Payne Co Permits & Completion reports

Started by Jay Pruitt. Last reply by Greg_W Aug 9, 2016. 4 Replies

PAYNE COUNTYWhite Star Petroleum Llc Mississippian(4891): Oil 25 Gas 21 Water 728 Pump31 18N…Continue

Advice/help with mineral rights

Started by Sandra Gale. Last reply by Rick Howell Jun 1, 2016. 1 Reply

I have a question about mineral rights inherited by myself and my siblings.  The land description is NE/4 of Section 10, Township 19N, Range 6 East of the Indian Meridian, Payne County Oklahoma.  My…Continue

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Comment by Martha McMorries on Tuesday

G Win, Go to http://countyclerk.paynecounty.org/ and select Land Records, then Land Records-County Clerk. 

Comment by G. Win on Tuesday

Martha, Thank You. I inherited these royalties. I do not have a lease.  Do I contact the company  request a copy, or is one on public record at the courthouse??

Comment by Martha McMorries on Monday

They can wait until you have a certain amount before they have to write you a check.  And, they can shut the well in (stop producing) for a certain period of time (time period is in your lease) but they have to pay you a shut in fee amount according to your lease.  You may get another small payment next year and they can do that as long as the amount stays low.  You may just have to wait a while longer.  It's a good sign they will pool and start drilling again because they wanted to buy your minerals.   

Comment by G. Win on Monday

They used to only pump my well every other month. Now I am not sure how often they are pumping the well. Do the only sell the oil when the tanks are full?? I had a small payment from them 1-31-17. However, no payment in 2016. They made me an offer to purchase my minerals/royalties 2 years ago. I did't accept. I believe they want to pool the section some time.

Comment by Martha McMorries on June 19, 2017 at 9:02am

The company has to pay you for your production royalty interest at least once a year. If they still are not paying and you can prove the well is and has been producing, you can contact an attorney and have place a lien on the well. 

Comment by G. Win on June 18, 2017 at 12:25pm

 I sent in a letter to release my mineral rights due to no production for a year. I had not heard from the oil company yet after 90days. I decided to check the well out of curiosity and it was pumping. What happens now??

Comment by Martha McMorries on May 30, 2017 at 9:34am

Quentin, the "EFFECTIVE DATE" should not be a date.  It should read "Date Of First Sale", however White Star has not provided the date of first sale on your 3 well's Completion Reports that they filed with the OCC.  White Star should have sent you Spacing Orders and Intents To Drill and those dates are important also. Looks like White Star drilled section 27 from section 34 but did not space as multi section, however they may be trying to pay production as if it's multi section.  No can do. You should determine your royalty interest before signing the DO and I would not use WS DO. Ask White Star, in writing, for a copy of your royalty interest as it appears on the Unit Summary in a Division Order Title Opinion and Date Of First Sale and the Name of Purchaser for each well.  Also, Do Not Use White Star's DO

.  Instead,  NARO recommends using this (NADOA) Division Order http://www.nadoa.org/forms/div_ord.pdf and include this statement:


THIS INSTRUMENT DOES NOT MODIFY OR AMEND THE TERMS OF ANY OIL AND GAS LEASE. ALL ROYALTIES DUE AND PAYABLE UNDER ANY OIL AND GAS LEASE SHALL BE CALCULATED AND PAID AS PROVIDED IN THE LEASE. THIS DIVISION ORDER IS EXECUTED WITHOUT CONSIDERATION AND MAY BE REVOKED AT ANY TIME.

Comment by Quentin Voyles on May 30, 2017 at 7:24am

Martha, it's Section 34, Township 19N, Range 2E

Wells are ALDEAN 34-27-19N-2E 1WH, ALDEAN 34-27-19N-2E 1WH, and BOOMER  34-27-19N-2E 1WH

Comment by Martha McMorries on May 29, 2017 at 1:22pm

Quentin, dates always have significance.  What is the section, township and range and names of the wells?

Comment by Quentin Voyles on May 29, 2017 at 1:05pm

I received division orders for 3 wells and noticed that the "DATE" and "EFFECTIVE DATE" both say 1/1/2013 - long before our lease was signed.  I've asked White Star about this but so far haven't received a response.  Do these dates have any real significance?  I just didn't want to return my signed DO paperwork until I knew.

 

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