The rig on the Indian Hills hole in 4-4S2E is lit up and turning to the right.
Daniel: thanks
XTO received three permits today to drill Ardmore Airport 2, 3, & 4 18H. These are all within Section 18 as is Ardmore Airport 1-18H.
What surprised me is that XTO is already drilling Melton 1, 2, 3 & 4 19H18. SHL in 19 BHL in 18. So the City of Ardmore is going to have 8 new wells producing from Section 18. There are another 8 wells going into Section 21 03S 03E.
Steve,
There is a well in Section 5 and they are leasing east of you in Section 1 Township 3S Range 2E. I thought they were active in Section 7 south of you, but I do not know the detail right now. Patience is the name of the game 
Thanks. Seems like what I read here is itās almost all XTO.
Steve,
I would guess that RD Williams has offered you the lease at 3/16 and some signing bonus. If you have a copy of the lease, it is for GROSS PRODUCTION, no depth clause, 3-year lease with option for 2 more years.
Thatās helpful. Thank you.
Have 2 top-lease offers from RD Davis. Like you said, 3 years, 3/16ths.
Section 7 has a well ARDMORE FOUNDRY 1-7H, I guess this is on the Airport property. The completion report lists 314 bopd and 2225 cf of gas per day at 42/64 choke, which means it is only about 2/3 open. Because the ratio of oil to gas is high, the well is an oil well and not a gas well.
Daniel: 3S-3E, Section 6. Anything going on there? Iāve been sitting on a top-lease offer.
Steve,
Just about everything east of I-35 in Carter, Johnston, Marshall, Love, and Bryan County is XTO. There are some leases with Chesapeake.
Steve,
I made the mistake of taking one of the first leases in Section 30, I think I was the 6th person to lease. My lawyer in Ardmore sucked big time and did not do a good job of representing me.
Everything in a lease is negotiable. Since you are in a good location, I would ask for a larger percentage royalty and less signing bonus. It will not take long to come out ahead, maybe a year, 2 at most. So ask for something like 1/4 or 5/16. My signing bonus was $250 an acre. If I had waited I am sure I could have gotten more and then gave up some of the bonus for a greater percentage.
I am not familiar with RD Davis, XTO uses RD Williams almost exclusively.
Also, try to get GROSS PRODUCTION AT THE WELL HEAD and not NET PRODUCTION. You will save on all the little charges each month, like TRANSPORTATION, MARKETING, COMPRESSOR, ETC.
I would also be a good idea to try to get a DEPTH CLAUSE. This will prevent the operator from having a lease on all the formations below the formation they have in production. This could allow you to lease to another company for different formations. There seem to be two or three formations, both above and below the WOODFORD, which is the big one right now. Caney and Hutton are two of these formations.
Steve, have your lawyer make an addendum to add to the lease that relieves you of any transportation, processing, and other costs associated with the completion. I have never had a lease man balk on it. I canāt quote the legalese but it is worth a try.
Ronald,
Maybe in about 50 days or so, they will move it a few yards and start your well.
Hi Carter County Members, I have just joined your group. I have minerals in Township 1S Range 2 & 3. I have searched for a site for a map of Carter County showing the sections, Townships & Ranges. Does anyone know where I can find one? Appreciate any help. Laura McMurtry
Laura,
Here an easier method.
http://www.okladot.state.ok.us/hqdiv/p-r-div/maps/2003county/carter.pdf
Laura,
Here is the Oklahoma DOT maps for all the counties. Carter can be selected from the list or from the map at the bottom. Once the map is displayed, move the mouse to the bottom of the map and select the little āpropeller.ā Then you can go to the top of the map and make it any size you want.
http://www.okladot.state.ok.us/hqdiv/p-r-div/maps/2003county/index.htm
Daniel & Terry, Thanks for the info. Got the maps earlier from Clint. Appreciate the help bunches. Donāt know how many hours I spent trying to get this info myself. Thanks, Laura
Laura, Try this site www.okgenweb.org/okprojects/carter/car-3e-2e.htm
Laura if that doesnāt work try Maps n More
Ronald,
Did I post the other well on your pad?