Karla,
I received a similar offer with 3 options from Scissortail.
Mark, is this like a lease offer? I donât want to participate or have working interest.
The letter was addressed to all possible Working Interest Owners.
Karla, Yes.
Section 20 - Township 15N - Range 9E
Those are a common style, but I find it safer to write them back and get a dialogue going. I tell them that I do not want to participate in the well, but am interested in finding out more about leasing. What you really want to get is their lease form so you can strike the clauses you don't want and get the clauses you do.
Being new to this discussion, I want to say thanks in advance for any information/assistance that may be provided. My circumstance is similar to Hilda Razookâs. I found the October comments to her from M Barnes and Ron McKenzie quite helpful. Is there a place to find an example of a âgoodâ oil and gas lease?
Hi Ron â Thanks for the link. Iâll check it out. My interests are:
Section 9-15N-8E and Section 18-16N-8E.
My name is Troy Curtis, a landman with Concho Land Company in Freedom, Oklahoma, as well as Oklahoma City. I thought while times are slower, I would offer to help with any questions people may have in general and post my email, conchojobs@gmail.com, for any and all questions. I also wanted to offer our services for individuals in need of mineral research or help with production-related concerns in all Oklahoma counties and the surrounding states.
I have mineral interests in the following: Sec 26, Township 14, Range 10E Creek County; Sec 14, Township 14N, Range 10E; Sec 34, Township 14N, Range 10E;
I have been offered a lease for $150 an acre for 3 year lease, plus a two year option for $150 an acre plus 3/16 royalty. While I am new at this, this seems low to me. Are there others in these sections that have leased? What is everyone doing about the post-production cost deductions, and the deductions for use of your oil, gas, etc for their operations? Thanks for any input!
Iâve been offered $300 per acre for 3 years plus an optional two-year extension when the 3-year lease expires, 3/16th royalty. Section 09, Township 14 North, Range 10 East.
Anyone having trouble with completing lease agreement with Scissortail Oil and Gas in the Creek County area? Contact me at ebwofford@yahoo.com.
Range in that township as been $75 3/16 or the $300 offer. It will depend upon the spacing. Don't take the 2-year option. Make sure you have a depth clause, shut-in time limited to two years cumulative (not consecutive) and NO Deductions. Don't let them try to give you "enhanced deductions".
Here are two charts that might be of interest.
Where is the activity? Last I see was on Friday.
Lauren Lester,
I tried to contact you. Is there a problem since I spoke to your new company?
No contact since that call.
Doesnât seem to me that this exchange belongs in this forum.
Both of you attorneys need to get off this forum. This is neither the time or place to fire âshotsâ across each otherâs bow! Not courteous, not ethical and not appropriate!
Drill baby drill. âMud Rotary is the greatest advancement in the industry.â However if you have your tops identified, air is quicker and can save money.
Dear group members,
Just a heads up that I have deleted recent comments in this discussion area that go against our user policy, which you all agreed to when you became members. This includes all name calling, phone numbers, solicitations, whining etc. If I continue to see this type of content, you will be banned immediately and WITHOUT notice.
We take our policies very seriously and appreciate a heads up when you see this type of behavior.