We have a well that was completed by Devon in December. Devon says they are laying lots of pipeline, and our well will not be produced until it is hooked into the new pipeline. Devon says we should get a check by August.
Gary, I forgot to say that the Devon well completed in December is in the Cana Woodford in Blaine County, OK.
Thanks for your comment. Our well has been producing since the middle of January, but I don’t know how much it is producing. Sounds like they are telling you that you should get a check about 3 months after they start selling gas, and our well will have been in production for 3 months in the middle of April so maybe we will hear something soon.
Hi everyone! Isn’t this exciting!! I just put a call into Devon to check on the status of a division order for myself today now that I know the name of the well. Cathy - my well is located in Blaine County also. I know back in December when we went to Geary they were taking down the derrick at our place and finishing off the pipeline there. We went back about 3 weeks ago and it’s a pumpin! There were also a couple of signs that said the name of the well and location. It sounds like we could all hear something around the same time but I called Devon anyway. Gary- I read on some other sites there is a way to check on the production through a website but it has to be updated. I will let you know when I hear something back. Thanks.
Thank Valerie for the comment, so when did Devon say that you should be getting your division order? Also, I have checked the OCC website for production data and it seems to be about a year behind when it comes to production data. You guys can check on your wells and see all the documents they have filed about your well. They will have the permit to drill posted for your well and after about 4 months they usually post the completion report and other documents. Here is a link to the OCC site.
http://www.occpermit.com/WellBrowse/Home.aspx
You can search using the well name or legal location. You can check the production of wells around yours. The production data is for gas only. If the wells make oil they don’t have that information for some reason.
Thanks Valerie, they led me to believe they would have it done in less than 6 months, but did not say when. By law they have to get it done within 6 months or pay interest. I am sure they are really busy with all the wells they are drilling.
Devon told me my well started producing in January. I should receive the division order in June. They are allowed 6 months from production.
She also told me the attorney has the titles and she was waiting on him to send them to her. She said he has had them for 2 or 3 months now. I asked her does it usually take this long and she said that area is “booming” and the attorneys are swamped with work. I didn’t know they have to pay interest. It makes sense though.
Hey Leon, our well is near Calumet and began producing in mid-January, might be the same well. If you are looking for information about your well you might try the link in the post about 5 comments below. That will take you to the Oklahoma Corporation Commission website. You can type in the legal or the well name and find out some info. If they have begun drilling your well near Geary then they should at least have the permit to drill posted.
Gary, could be. I am still having problems with the OCC website. My son is going to help me today. Everything I have looked at is old. Where do they post the permit to drill?
Gary, thanks for the pics. We have not seen our well. Also, got on OCC website fine and looked at our data.
Hi everyone, we have one well near Calumet that has been flowing since January. Still waiting for first check. Devon says they have until June. Also have one they are supposed to drill soon near Geary. Cannot find current data on internet except Tulsa World drilling reports. Any other ideas? Leon
Leon, after you get to the OCC website and type in the legal you then need to make sure you check “bottom hole” right below where it says select county (Our well location is on the section south of where our minerals are). Once you locate the well you are looking for (sometimes there are 2 pages of wells or more) click on the little magnifying glass next to the well number. Once you get to the well page then you can find the permit to drill and other documents by clicking on the “all images” button.
This link is not operable.
Great pictures Gary. Thanks.
Gary thanks for the pictures. I had seen the rig, but not the fracking equipment. Wow!
Here is some interesting information about our area.
Oil/Gas/Canadian County, Oklahoma Drilling Application
Expert: Frederick M. - 4/27/2011
Question
QUESTION: I am an owner of mineral rights in Section 35 Township 13 North Range 9 West Canadian County Oklahoma. Have received paperwork from Corporation Commission of the State of Oklahoma on increased density and pooling, applicant Devon Energy. This is leased until July 2011. I live out of state and am wondering if there is any drilling in progress at this time or is this just prep work. Thanks
ANSWER: There is no drilling in Section 35 yet, but I’d say there’s a good chance there will be before your lease runs out. I say that because not only have they applied to drill a well; they also force-pooled the section in January for $1250/acre and 3/16. Most of the time a company won’t bother force pooling unless they plan to drill (because it costs money to force pool.) I haven’t been out there to look in person, but they may already be moving dirt around in preparation, assuming they have a rig lined up already.
Other indications Devon or someone else will likely drill there soon is that Devon completed several pretty decent producing wells in adjacent Sections 2 and 3 of 12N-9W, and 26 and 36 of 13N-9W in 2010. The adjacent wells are each producing over 1500 barrels of oil each month, and over 50,000,000 cubic feet of gas. I’d consider them all “decent” but not great wells, due mostly to the relatively low oil production.
If they don’t end up drilling by July they may ask for an extension on your lease. If they let it expire without drilling then I’d call their drilling/land department and ask why. They of course don’t HAVE to drill a well there, but with all these good indicators it would be nice to know why they chose not to if indeed that ends up being the case.
As your lease gets closer to expiration or closer to drilling, you may receive unsolicited offers in the mail (or by phone) to sell your mineral rights here (if you haven’t already.) While many offers are from legitimate companies, some companies have a history of making unreasonably HIGH offers simply to see how many people respond to them (and to frustrate the efforts of other buyers,) only to eventually lower, take forever to close, or not honor many of the offers that were accepted. The lesson here is that if you receive an UNSOLICITED offer and decide to accept it because it’s much greater than other offers you receive, just be sure to get an agreement in writing to purchase at that price before you take them off the market, and make sure the agreement includes a closing date of no more than thirty to forty-five days.
Hope this helps you out.
Frederick M. “Mick” Scott CMM RPL
here is a link to this site.
http://en.allexperts.com/q/Oil-Gas-3147/2011/4/Canadian-County-OK-Drilling-1.htm
For those of you that don’t get “The Oklahoman”, here is a story from today’s paper. Looks like Devon is impressed with the production from our area.
Devon Energy reports quarterly earnings of $416 million
Devon Energy Corp. earned $416 million, or 97 cents a share, in the first quarter as production rose 7 percent to an average of 629,000 barrels of oil equivalent a day.
BY JAY F. MARKS Oklahoman
Published: May 5, 2011
Devon Energy Corp. on Wednesday announced first quarter earnings of $416 million, or 97 cents a share.
Devon earned $1.2 billion, or $2.67 a share, in the same period of 2010. Officials attributed the decline to unrealized changes in the fair value of oil, gas and natural gas liquids derivatives.
CEO John Richels said the quarter was an outstanding one for Devon, as production rose 7 percent over the same period of last year.
“We remain fully committed to optimizing our growth on a per-share basis adjusted for debt, and in order to achieve that goal, we remain keenly focused on exercising capital discipline, maximizing our full cycle margins and maintaining a high degree of financial strength and flexibility,” he said.
Production from Devon’s continuing operations averaged 629,000 barrels of oil equivalent in the quarter, with better-than-expected results from core properties in North Texas’ Barnett Shale and western Oklahoma’s Cana-Woodford Shale.
Devon achieved record production in the play centered in Canadian County, with production increasing 120 percent over the first quarter of 2010.
Richels said Devon’s diverse asset base allows the company to easily shift its capital resources if market conditions change.
“Because we’ve always valued a liquids-to-gas balance, we already have a vast inventory of liquids opportunities including the Canadian oil sands, the Permian Basin, the Barnett Shale, the Cana-Woodford Shale and the Granite Wash,” he said.
Richels said Devon will allocate more than 90 percent of its capital to oil and liquid-rich opportunities in 2011.
He expects the company to complete its stock buy-back program by the end of the year.
Devon has spent about $2.1 billion of the $3.5 billion authorized for the program to purchase more than 28 million shares.
gary, tried to send you a message. don’t know if you got it or not. I would like to send you a message.
Legals: Leon, here is a link on how to read legal descriptions.