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Stephens County, OK - Oil & Gas Discussion

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Stephens County, OK - Oil & Gas Discussion

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

Members: 467
Latest Activity: yesterday

Discussion Forum

Stephens County Oil & Gas lease offers

Started by Robert J. Blair. Last reply by R Story yesterday. 3 Replies

Would like any comments or advice on two recent lease offers received on Sec 17 Township 1S, Range 4W. One came from a broker NOT representing a driller. My thought is probably looking to flip the…Continue

Stephens Co. Mineral Ownership Reports for sale

Started by Thomas Wyckham. Last reply by Gary D. Schwartz Jan 10. 26 Replies

Please contact me if you would like a list of the available mineral ownership reports we have for sections in Stephens County.  These are recently completed by veteran landmen.  The reports are…Continue

Keywords: Title, chain, Reports, Ownership, Minerals

Warning! to all mineral rights owners Buyer Beware! of the Oil and Gas Con Men!

Started by Capt Cameron R Smith. Last reply by Ted Baker Oct 9, 2016. 1 Reply

Warning! to all mineral rights owners Buyer Beware! of the Oil and Gas Con Men!With all the new activity here in Ok with the Stack and Scoop oil and gas plays has brought out the Oil and Gas Con men…Continue

Small a rages on Stephwns CO.

Started by Mike Skinner. Last reply by M Barnes Sep 19, 2016. 1 Reply

After Tx Tech

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Comment by Linda Rigtracker yesterday

We didn't put any depth clauses in our lease.

Comment by Michael Hutchison yesterday
Depends on depth clauses
Comment by Linda Rigtracker yesterday

So have I got this straight....If we leased to Continental and Newfield has 34 HBP with that 700' now that means that Continental or anyone else can't drill in that section from now on as long as that well is active?  Sure doesn't seem right.  I'd think CR would contest that.

Comment by Linda Rigtracker on Wednesday

Afraid you are all right. We don't have a depth clause and we weren't pooled.  Our lease is with Continental.  Just hoping Newfield thinks the results good enough to drill some more through 34...possibly from the other end but no matter what we are blessed.

Comment by Michael Hutchison on Tuesday

The permit for the Mark1-H27 called for a 34/66% split with about 2600' of the planned 7600' lateral going to sec 34. The total length was to have been 21028', according to Ryan the completed length was 19100'. If that is the case they pulled up short by about 1900' resulting in the measly 700' of lateral in sec 34 or the 12.5% Linda mentioned. For your sake Linda I hope the completion report shows some better numbers on your end.

Comment by Huey Paxton on Tuesday

Depends on the spacing order and your lease (or pooling if you're pooled but I know you aren't ;)).  Didn't look it up but I'm sure Newfield pooled 640's for both sections and created a multi-unit 1280.  Nothing you can do.

Comment by M Barnes on Tuesday

If they perf the 700' they can most likely hold the section 34 through the Springer. However, if you have a depth clause or were pooled, then maybe you have a chance on deep rights.  All depends upon what was actually drilled as to depth and the clauses on your lease.  Lots of "ifs"

Comment by Linda Rigtracker on Tuesday

If it is the case that they only go 700 ft. in section 34 with at well can they hold the whole section?

Comment by Linda Rigtracker on Tuesday

Yelp,  thanks for the good wishes, Huey!  Guess we have no choice but to take what we get at this point.  Maybe if it's good they will drill some more on 34. 

Comment by Huey Paxton on Tuesday

Just for the record, I have no idea if 34 only got 700 ft.  I was only adding to what Ryan said that if that's the case then the mineral owners in 34 are getting hosed.  Them's the breaks I suppose, but it certainly doesn't feel good.  Hopefully that isn't the case Linda as I know you've been excited about 34 for a while!

 

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