# Canadian County 31-14N-9W
**URL:** https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624
**Category:** Canadian County, OK
**Created:** [January 6, 2017, 4:41pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624 "2017-01-06T16:41:51Z")
**Posts on this page:** 17
**Page:** 1
### Author:  [@JD\_Gepner](https://www.mineralrightsforum.com/u/JD_Gepner)
#### Post date: [January 6, 2017, 4:41pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/1 "2017-01-06T16:41:51Z")
I have been contacted again about selling my minerals in Canadian County 31-14N-9W. They hit some pretty good wells about a year ago but the checks have dropped over 50% in the last few months. Now I had a company call and offer $24,000/Acre to sell them. Does anyone know if something else is going on out there.
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### Author:  [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [January 6, 2017, 5:52pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/2 "2017-01-06T17:52:20Z")
Your wells are Woodford wells. You have the potential drilling of the Meramec formation going on in this whole area, added to the strong cashflow of your existing wells.
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### Author:  [@JD\_Gepner](https://www.mineralrightsforum.com/u/JD_Gepner)
#### Post date: [January 6, 2017, 7:21pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/3 "2017-01-06T19:21:14Z")
That would explain the strong offer. Thanks for the information.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 6, 2017, 7:28pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/4 "2017-01-06T19:28:50Z")
Devon has about nine wells there. I didn't look them all up, but suspect they are in the Woodford. Given the increased activity in the Meramec above the Woodford, they may be planning future wells in the shallower zone. I sure wouldn't sell. The original wells may have 25-30 years of life in them with possible future re-fracs, etc. Lots of pay sitting in that section. That is why you are getting offers. The drop off is normal, but the long life at low rates is nice as well.
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### Author:  [@JD\_Gepner](https://www.mineralrightsforum.com/u/JD_Gepner)
#### Post date: [January 6, 2017, 7:34pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/5 "2017-01-06T19:34:49Z")
That is great news! Thank you M Barnes!
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### Author:  [@Lynda\_Peterson](https://www.mineralrightsforum.com/u/Lynda_Peterson)
#### Post date: [January 21, 2017, 9:08pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/7 "2017-01-21T21:08:07Z")
Did you accept offer?
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### Author:  [@gem](https://www.mineralrightsforum.com/u/gem)
#### Post date: [June 25, 2018, 4:59pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/8 "2018-06-25T16:59:41Z")
Do you know of oil companies interested in leasing Canadian County… Section 33?
Thank you for any assistance.
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### Author:  [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [June 26, 2018, 7:43am UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/10 "2018-06-26T07:43:32Z")
Your previous post was about Section 31 in 14N-9W.
Are you now talking about Section 33 in 14N-9W?
If so, I don’t think it could possibly be leasable as there are already wells producing from the Woodford which would hold the lease.
Let me know for sure which you are talking about…
In either case, if you are already receiving checks for a section, you’re not going to be able to lease again for other higher formations unless there are extremely unusual circumstances. The section appears to be held by production, and any future drilling will be bound by the terms of your previous lease.
Jerry Anderson
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### Author:  [@gem](https://www.mineralrightsforum.com/u/gem)
#### Post date: [June 26, 2018, 1:25pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/11 "2018-06-26T13:25:35Z")
Thank you for your interest. I think my question crossed with another inquiry. I’m interested in leasing Canadian County, Section 33, 11N, 8W. Any information would be appreciated.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 1, 2018, 10:43pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/12 "2018-08-01T22:43:59Z")
Lynda, Did we ever get connected? Catching up on unread messages that slipped through the cracks.
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### Author:  [@Tinfloor55](https://www.mineralrightsforum.com/u/Tinfloor55)
#### Post date: [August 9, 2018, 12:41am UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/13 "2018-08-09T00:41:30Z")
Hello Ms. Barnes… I have mineral rights in Section 7, 14N 9W, Canadian County… Should I sell? What do you suggest? Thanks.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 9, 2018, 1:28am UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/14 "2018-08-09T01:28:54Z")
> [@Tinfloor55](#):
>
> 7 14n 9w
If you are getting offers to buy in that section, it is probably because Devon just filed an increased density case at the OCC for five more wells. I received an offer just a couple of sections away from you and it was way below what I believe the total current (and future) value will be. You would have to decide for yourself if your family needed current cash or would rather wait for the pending wells. Just because you get an offer to buy doesn’t mean it is a good one. Lots of lowball trolling going on. Could be a good offer, but you need to get multiple offers and learn what your value really is. You could sell none, sell part, sell all. Lots of options. I have found that first offers are usually quite low and just out there to see if someone will bite. If you really get serious about selling, I would advise getting an engineering evaluation done to get a good base value on your current wells and then an estimate from them for what the future wells would be. They take into account time value of money, decline curves of current wells, predicted value of future wells, etc. It works much like the sale of a house. You wouldn’t sell your house without an appraisal.
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### Author:  [@Tinfloor55](https://www.mineralrightsforum.com/u/Tinfloor55)
#### Post date: [August 9, 2018, 1:01pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/15 "2018-08-09T13:01:28Z")
Ms. Barnes… Thanks so much for the information.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 10:41pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/16 "2018-08-14T22:41:15Z")
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [August 15, 2018, 1:05pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/17 "2018-08-15T13:05:28Z")
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### Author:  [@wes\_21](https://www.mineralrightsforum.com/u/wes_21)
#### Post date: [December 18, 2018, 8:43pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/18 "2018-12-18T20:43:13Z")
24K per acre is the most I have heard in that exact area for what that is worth.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 6:17pm UTC](https://www.mineralrightsforum.com/t/canadian-county-31-14n-9w/3624/19 "2025-01-11T18:17:57Z")