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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: 449
Latest Activity: 8 hours ago

Discussion Forum

Stephens Co. Mineral Ownership Reports for sale

Started by Thomas Wyckham. Last reply by K Dawn Aug 15. 23 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

Stephens County, OK - oil and gas discussion

Started by Kim Roberts. Last reply by Fred Emmer Jun 22. 5 Replies

We have just received an offer for our mineral rights we have inherited in section 11. I'm trying to figure out what a fair price would be before selling.  Any ideas? Continue

Stephens County Chit-Chat

Started by Rick Howell. Last reply by M Barnes Feb 29. 212 Replies

Discussion area of off-topic items not directly related to oil and gas issues.   Continue

Royalty Owner vs.Oil Company

Started by Val C Carter. Last reply by Val C Carter Dec 10, 2015. 2 Replies

Now that I have your attention thru the years we have not had any major complaints in dealing with the oil companies that we are associated with.  I have also found that sights like this has given…Continue

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Comment by soonerpe 8 hours ago

K Dawn,

If you still have questions please post them.

Comment by K Dawn 16 hours ago

Thank you Soonerpe; I will do that.

Comment by soonerpe yesterday

K Dawn,


I think you received notice of a pooling back in March, 2014. I recommend you call the Marathon office in OKC that was listed on the application. They should be able to tell you why they think you do not own an interest in the HK Doom.


Here is the contact info:


Randy Wilson (A good chance someone else handles the area now)


Marathon Oil Company


7301 NW Expressway, Suite 225


Oklahoma City, OK 73131


Phone: 405 720-5557

Comment by K Dawn yesterday

              

No depth clause as far as I can see; they are really old from 1942. There are depth clauses on the unitizations but not on the leases.

Comment by K Dawn yesterday

Yes I do have copies of both leases and there is no depth clause and yes I did receive them from probate and it has been filed in Stephens County.

Comment by M Barnes yesterday

Do you have copies of the original leases? Is there a depth clause?

Have the minerals been passed to you by probate and have you filed a copy of the probate in Stephens county.

Comment by K Dawn yesterday

Soonerpe,

I thought that I had ownership of minerals that have been leased; because my Grandmother is on the original leases; their are 2 of them; one for 40 acres of land and another for 50 acres of land. It would seem to me that if my Grandmother is on the original leases I would have ownership of the minerals in the lower formations. Your thoughts on this.  How would I clarify this?

Comment by soonerpe yesterday

K Dawn,


What type of ownership do you have in the units? Do you own minerals that have been leased or did you somehow end up with a small working interest?


If you have a royalty interest you would probably never be involved with the operating committee since you are the lessor not the leasee. Also, operating committees often do not do much after a unit has been developed unless there is a major change in circumstances or the leasees are dissatisfied with the operator.


Unless there is some reason you do not own rights below the unit formations it seems that you should be receiving revenue from Marathon for the HK Doom well. Did Marathon why they believe you don't own an interest in the well? If not, I would ask them.

Comment by K Dawn on Tuesday

Soonerpe,

Thank you for getting back to me; I know Chevron; they are the operators that I am held by production by in the Simms; Humphreys, and Tussy.  However, according my documents on the unitizations there is suppose to be a unit operating committee that is suppose to supervise the operator and forward to information to the Lessee, each Lessee is suppose to have chosen which person on committee to be their contact. I The attachment below is a screenshot of the information from my Humphreys Sand Unitization agreement. Does anyone know anything about this? I've never been contacted by the committee if there is one. I was just wondering if it is a standard practice?

2016-08-22.png

Comment by soonerpe on Tuesday

K Dawn

The only info I can provide is Chevron operates the Velma Sims Sand Unit. I do not have any contact info but I believe it is managed out of Houston.

 

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