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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: 403
Latest Activity: 1 hour ago

Discussion Forum

Newfield has BIG plans for the SCOOP/STACK!

Started by Tim West. Last reply by Bill 1 hour ago. 1 Reply

Go to: http://okenergytoday.vbulletin.net/forumto read all about Newfield's announcement of increased drilling and recent well…Continue

Stephens County OK Oil & Gas Permits

Started by Dave Thompson. Last reply by Clint Liles 17 hours ago. 279 Replies

Post, discuss and share information related to Stephens County Oil & Gas permits in the replies below.Thank you to Clint Liles for championing the effort to keep us all up to date.Continue

echo

Started by lucretia ann mcafee. Last reply by Jerome Frazier yesterday. 2 Replies

       has anyone had any dealings with Echo?Continue

Marathon completed wells in 12 and 1 of 1S 5W

Started by Paul Woolsey. Last reply by soonerpe Feb 19. 4 Replies

I own minerals in 12 of 1 South 5 West.  Marathon completed a well last June 23 reporting 151 bpd and 1098 mcf gas.   They show a "first sales date" of June 27.I have never received division orders…Continue

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Comment by Mark Delehanty 3 hours ago

It's interesting to compare the fairly modest gas numbers on the Oceana completion report Jerry just posted, to the bragging about this same well contained in the Investors' call that Linda just posted.  Is it common that an extended lateral well with completion numbers of around 6800 MCF/Day actually goes into production at over 20.7 million cubic feet of gas per day initially?    Are the completion reports predictive of anything?  Or is Continental stretching a bit when they brag up this well to investors?    Mark Delehanty 

Comment by Bill 3 hours ago

I've been offered $6,800 for 7 acres in sec 22, 2S-4W.  Anyone hear of sale prices in that section?

Comment by Linda Rigtracker 12 hours ago

Here's an interesting part of the Continental 4th quarter report for 2014.  Talks about the SCOOP.  CR did beat estimates this time.http://seekingalpha.com/article/2951086-continental-resources-clr-c...

 

Comment by Jerry Hire 16 hours ago
Diane and Ed - Here is the completion report on the Oceana. Section 17 and 8 1N 5W

http://imaging.occeweb.com/OG/Well%20Records/1DD2D473.pdf
Comment by Bob Berry yesterday

Micheal W. - The one item that causes me some initial concern has to do with some of the wording seeking "unified" lease effects (in effect perhaps "changing" some of the initial responsibilities of lease holders and/or those who made elections under the Pooling Order) and perhaps some sharing of costs and expenses for the portion of acreage that is not part of the Working Interests and was originally acreage deemed as producing Royalty Income as opposed to Working Interest Income. So if a particular Lease did "not" call for having to pay for any sharing of expenses or costs or in the case of someone who took a 3/16 RI or 1/4 RI under the Pooling Order they also were "not" originally subject to having to pay any of the operator expenses and costs. So while I understand the Working Interest responsibilities, at least today I have some understanding research left to do on the Royalty Interest acreage?

Comment by Michael Warden yesterday

Thanks Bob. I havent read through it yet. My world hasnt slowed down enough to smell the roses...

Comment by Michael Hutchison yesterday
Jen, the Forrest 2-8H ? Not bad for Nov.14 first sale.
Comment by Kathlyn McCaughna yesterday

Itty-bitty checks for all of us I guess. I'm looking at the email notice of my latest voucher from CLR  and it isn't pretty.

Comment by Jennifer yesterday
I just received a division order for section 8 02n 04w on the second Well 2-8H.
I also received the smallest check I've ever received from Sunaco yesterday on a different well.. Hoping oil will go up soon! With the inventory I heard today, it will be a while....
Comment by Bob Berry on Wednesday

MIchael W. - Within the "cover letter" in the second paragraph there is a clear statement that both the Baxendale 1H-12 and the Campbell 1H-36X wells are "not" included within the Unitization, and also within the actual Plan of Unitization Document within Paragraph 1.1 and 1.5 on Page 1 of 16 there is clear language as to "the existing wells shall not be included in the Unit Area".

 

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