Sorry Sylvester, nothing going right now. Dry gas is up to $3.47 per mcf right now, so that could change anytime! Dry gas must be $3.50 per mcf to inspire drilling.
Vickie, I am wondering the same thing.
Please let me know if you have any suggested additions to my list of online resources for mineral owners.
http://www.mineralrightsforum.com/profiles/blogs/internet-resources-for-mineral-owners
The “2011 Drilling Highlights” from the Oklahoma Geological Society is an interesting read, with lots of Woodford information: http://www.ogs.ou.edu/OilGas/pdf/2011DrillingHighlights.pdf
JJ. W., Good info in the OK Geo Soc. article…wow
Need some help. Jackford Land, Inc. for their client Continental has sent an offer. Lease or assign my interest for no cash bonus with a 1/4th royalty, delivering a 75% revenue interest. Is this the best offer? Or the 3/16ths with the bonus? I need help to understand the vocabulary, understand the mineral rights/interest vs oil rights/interest.
Re: Plato 1-16H Section 16-4N-5W Grady County, Oklahoma Sec 16 Township 4 North Range 5 West.
Donna, when did they make this offer? The section was pooled 7/23/12. Your name was listed on the pooling so the leasing should be over.
The well CAMP CREEK 1-29H had a spud date of 8-29-2012.
Gary, I looked for frac job, but could not find it. Do you have the lat and lon?
I found it at lat 35.595 lon 98.166
Google Earth has updated their aerial images in the last few days. So if you would like to see what a location looks like when a well is being fracked you should zoom into Calumet, Oklahoma and then just south of town the road that runs east and west is 122nd Street. From the junction of 122nd and Highway 270 (Calumet Road) go about 4 1/2 miles west and on the north side is a location with two frack jobs going on. Pretty impressive.
It started 8-29-12. It will be a year plus before you get a check.
Does anyone know the status of the well XTO is drilling in 29-4S-4E, Johnston County, Oklahoma?
Newfield on the stock market: http://www.investopedia.com/stock-analysis/2012/newfield-exploration-lays-an-egg-nfx-chk-tlm-mur1029.aspx#axzz2B0asOgvt
Continental’s Conference Call is late this morning. Still have time to click in!
Last month I granted a 1/2 mile right of way easement to DCP Mainstream in Section 20, 10N, 7W which is just south of the Canadian River in Grady County. The pipeline runs north-south through our property. What surprised me was that it is supposed to be a 16-inch line which will handle lots of gas. The landman would not give me any details on where the pipeline was going. Anyone have any ideas about the addition of this significant pipeline capacity?
I don’t have any idea where it started and where it is headed but they are putting pipelines going north and south all the way through several sections in Northeast Stephens County and on up through Garvin County. I don’t know the size either but it looks BIG to me!
This link is not operable.
David you are right I should have said WEST not east. Gees.
Ha! No worries!