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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: 258
Latest Activity: on Friday

Discussion Forum

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

Devon 'Reallocations'

Started by Go Fast. Last reply by Bob Clary Apr 24, 2016. 4 Replies

Has anyone else had their payments suspended by Devon starting October 2015? We were getting checks regularly since Oct. 2014 until the last few months. One of the other mineral owners hasn't…Continue

Mineral rights heirsship advice needed

Started by Linda Legare. Last reply by Linda Legare Apr 5, 2016. 6 Replies

I know only an attorney can tell me for sure, but I was hoping all your experience would be able to help point me in the right direction or tell me not to bother. My great grandfather owned 160 acres…Continue

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Comment by Martha McMorries on Friday

FYI: I didn't get Kerry's post, so if Kerry needs my info she may have to friend me also. 

Comment by Martha McMorries on Friday

Good morning Jimmy,  I am not getting your posts.  Friend me and see if that helps.  The site has had trouble with this before, but it's getting worse. 

Now, to answer your Dec 30th question: Both, well production does naturally fall off after a few years and they are keeping production down so as not to flood the market with oil and gas which would cause the prices of both to go down.  Reports are indicating that the US will be exporting significantly more volumes of oil and gas by 2020 and continue to increase to 2026 and beyond.  Prices will adjust to demand, but China has to stop burning coal or choke to death and India doesn't have any o/g. 

Comment by Jimmy Martin on Friday

Hi Kerry. My AEP-Woodford rights became White Star. Been getting royalty checks like clockwork. Suggest you email Laura Sterkel at White Star Owner Relations. Good lady and excellent customer service.

Comment by Kerry McClure on Wednesday

Hi all. Hopefully you don't get tired of answering the same type of questions repeatedly. I did look thru archives and didn't find anything about my question. My sister and I own mineral rights in section 12-R19-04E. We signed 3 year leases with AEP-Woodford, LLC in Nov of 2014. Since Mr. McClendon's death and the dissolution (I think) of AEP, what is happening? Neither of us has received any news. Thanks for any info.

Comment by Jimmy Martin on December 30, 2016 at 7:19am

good morning Martha. Hope you had a Merry Christmas. I have another "rookie" question: Several of my wells are not producing anywhere near the initial report. Of course I realize that is probably a natural occurrence. However, do companies keep the barrels per day production low while the price is low? And the big question is; as the price rises, can they speed up the pump jack to produce more barrels per day? Thanks for any info. Regards, Jimmy

Comment by Jimmy Martin on November 18, 2016 at 11:15am

Thanks Martha

I check the OCC website almost every day. I will be on lookout for Drilling permits and spacing orders. Hopefully Laura with WS Owner Relations will get back and give me more specific info.

Thanks

much!

Comment by Martha McMorries on November 18, 2016 at 11:00am

Jimmy, They can keep filing over and over again until they are ready to drill, or they may be ready to drill right now.  Continuous filing of the increased density and location exceptions conserves time, expenses and decreases contestation of the laterals.  Prior to drilling, you will be mailed a spacing order, then you can look on OCC website for the drilling permits.  What's your legal.  Sorry, I forgot.

Comment by Jimmy Martin on November 18, 2016 at 10:31am

Martha, a quick question (I'm also waiting on answer from White Star Owner Relations). The first two wells I'm receiving royalties on have been paying for several months. All's well with them and the two newer ones. I looked at OCC's Monday Docket and the first two wells are up again for Increased Density and two Location Exceptions. Could that mean they are planning to drill new laterals? Thanks much  Jimmy

Comment by Martha McMorries on October 21, 2016 at 11:53am

Oil prices in 2017.  Note: Price could go higher due to Mid-East uprisings or some type of natural disaster shortage.

https://www.midstreambusiness.com/world-bank-boosts-2017-crude-fore...

Comment by Martha McMorries on September 3, 2016 at 3:33pm

The Quapaw Co. Mine and plant Mine ID and latitude/ longitude

Mine ID: 2061 lat: 36.340 / long: -96.794

5.5 Earthquake date and latitude/longitude

2016-09-03  lat: 36.426  / long: -96.929

 

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