# Drilling and Completion Proposal
**URL:** https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908
**Category:** Oklahoma Mineral Rights
**Created:** [April 7, 2026, 1:33pm UTC](https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908 "2026-04-07T13:33:56Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Debbie\_Alcorn](https://www.mineralrightsforum.com/u/Debbie_Alcorn)
#### Post date: [April 7, 2026, 1:33pm UTC](https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908/1 "2026-04-07T13:33:56Z")
I received a Certified Letter for a Well Proposal with 5 choices. Not sure which I should choose. Any help would be appreciated.
1. Participate with your interest by paying your proportionate share of completed well costs; or
2. Lease/assign your interest to Coterra for a cash consideration of $1600 per net acre delivering an 87.50% net revenue interest; or
3. Lease/assign your interest to Coterra for a cash consideration of $1500 per net acre delivering an 81.25% net revenue interest; or
4. Lease/assign your interest to Coterra for a cash consideration of $1250 per net acre delivering an 80.00% net revenue interest; or
5. If you are unable to deliver a net revenue at any of the options above, assign your interest in Coterra at the current deliverable NRI for a cash consideration of $10.00.
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### Author:  [@tim\_dowd](https://www.mineralrightsforum.com/u/tim_dowd)
#### Post date: [April 8, 2026, 10:58pm UTC](https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908/2 "2026-04-08T22:58:30Z")
Typically, these are pre-pooling letters. Many times, even if you reply, the company will still name you in a pooling proceeding. In sum, I wouldn’t do anything at this point and wait for the pooling. Now, at such time you get a pooling order, DO NOT ignore it or let grass grow under your feet. A respondent has a 20-day time period in which to make an election.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [April 9, 2026, 1:11pm UTC](https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908/3 "2026-04-09T13:11:25Z")
As Tim said, this is an informational letter. I do not reply to them, but wait for the pooling order and answer it immediately. I prefer the highest royalty option (#4) as a successful well or wells’ royalties over many years will far outweigh the one time higher bonus for a lower royalty option.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [July 6, 2026, 1:34pm UTC](https://www.mineralrightsforum.com/t/drilling-and-completion-proposal/86908/4 "2026-07-06T13:34:10Z")
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