Could someone explain this to me, I know I still have a lot to learn. But it would seem to me if I look up something on the OCC and it states for example that a well is commingled in the same Section and Township and Range as I own a small portion that a small part would generate some royalty to me. It consists of a 640 acre pooling. To be specific it is 6N 4W Section 25. The ID # is 500170824. Kaiser-Francis is the operator. Information on how to understand these pages on the OCC site would be much appreciated. Thank You.
There are several wells in that section. I couldn’t locate that ID number. My understanding is that ‘commingled’ means that they are in more than one formation and are getting production from all of them. If you have minerals and were pooled, I think you should have division orders listing your interest. Did you sign a lease or were you force pooled?
Thanks for responding Go Fast. Would you friend me or should I just put all my info out there. Short story of me asking, besides the obvious of me being very uninformed of all this. Inheritance from a probate in 1990. Recently looked at will, discovered thru Mineral Steve last year I was entitled to back pay from McKinnon #A 1-25. Looked on OCC and found that ID# by searching 6N 4W Section 25. Don’t want to call or send my paperwork to an operator if I’m overreaching my mineral interests. Thanks for any help on this.