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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: 445
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Stephens County, OK - oil and gas discussion

Started by Kim Roberts. Last reply by Kim Roberts yesterday. 2 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 Co. Mineral Ownership Reports for sale

Started by Thomas Wyckham. Last reply by Nancy Curtis on Thursday. 17 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 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 John Moseley on Monday
Cynde,

I recently settled a claim with an operator in OK. It was a very small interest. Operator paid over ten years of unpaid royalty plus 12% accrued interest in accordance with OK law. The interest was more than the royalty and my attorney's fee.

John
Comment by Cynde003 on April 20, 2016 at 8:45pm
M. Barnes-After digging in a little deeper I've found
that although I now own the mineral interest in the
30 2N 5W wells, the percentage I actually have may not even be enough to buy my lunch! Guess you don't know until you try but for now I'll keep my day job! Thank You for your response and a big Thank You to Rick Howell for the help and great advice! You guys are the greatest!
Comment by Michael Hutchison on April 20, 2016 at 9:42am

Jen, we are south of the really hard hit areas. My wife works in downtown Houston but went in early on Monday and got back out before the streets closed in on her. Thanks for asking. 

Comment by M Barnes on April 20, 2016 at 9:34am

Some parts of town were hit really hard.  We are fine. Three feet of water at the end of the street, but we are on the high end.  More rain coming in a couple of hours, so folks are a bit concerned as the bayous and rivers are still rising from the rain on Monday and the runoff from the current rain coming. 

Should start seeing some completions soon unless they are waiting to get them all finished and do a zipper frac on them all at once. 

http://knoema.com/yxptpab/crude-oil-price-forecast-long-term-2016-t...  One of many I am keeping an eye on. 

Comment by Jennifer on April 20, 2016 at 9:12am
Hutch/Martha- are you guys surviving all the flooding down there?

Anyone hearing anything about 06 02n 04w? I think they have all spud.
Hope prices keep moving up.
Comment by M Barnes on April 20, 2016 at 8:41am

Cynde003-

The Lubell produced from June 1966-Nov 1966, not worth messing with

Zumwalt 1-30 produced from Apr 1985-Aug 2015 worth messing with

Eiser 1-30 produced from Feb 1966-August 2015 worth messing with

Reichman #2, don't see it, but see a Reichman 1-30 from Sept 1987 to Aug 2015.  Those August dates may not be current. 

I would contact the Division order analyst at Merit and find out why they do not think she has ownership and what you need to do to correct it.  Send them copies of the documents you have.  They may need affadavit of heirship or probate documents.  Send certified mail return receipt and keep copies of everything you send.  Who has the mineral rights now? That may a question to ask.  Also, you might check with unclaimed funds with the state Treasurer's office under mom and g'ma names.  Might take a little more detective work. 

Comment by Michael Warden on April 19, 2016 at 8:33am

I remember when the first Poteet was drilled... We were all in a bit of shock and amazement! Then it was boom, boom, boom... Now its bust, bust, bust...

This is part of it, i guess. Ask anyone who worked the oil patch in the 80's. this stuff happens...

Comment by Michael Hutchison on April 18, 2016 at 4:29pm

Michael, you just can't please some people, who ever thought we would have so many wells to begin with?

Comment by Michael Warden on April 18, 2016 at 4:12pm

Hutch and Linda!

Thanks for the love! haha!

I hope things pick up for us all!

Comment by Cynde003 on April 18, 2016 at 10:17am
30-2N-5W
I found an O&G Transfer Order in my deceased Mothers papers with Mom being the recipient from G'Ma. The document was signed and returned to Atlantic Richfield Company in 1989 with the wells listed Lubell, B.I., Zumwalt 1-30, Eiser 1-30 and Reichman #2. Mom changed residence that year so mail correspondence may have gotten returned to AR if any were sent. The Journal Record July 28th, 1989 Order #340754 for increased density has her listed as an owner also...Mom never sold her mineral rights and never rec'd checks from these wells. Merit Energy now owns the whole shebang and says there's no money for Mom which doesn't seem right. Is their anything I can do??
 

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