Does anyone know if their is activity on 17-1S-5W? Ive become aware of heir ship on a quarter of this section and boy...do I need help!
Go to Stephens County and search the modify search select 2013.
Bearcat Land did alot leasing in 2013. Maybe the link above will show you some folks you know. No active wells showing in OCC
Thank you for the link! How do you find if their are active wells?
Cyndee,
There is nothing active now. There is some activity to both the north and to the east about 4 miles. If you have not already leased or been contacted some time ago, you may have marketable title issues. I'd guess that area should have some activity in the next year or two.
Marketable title issues? My cousin signed a lease with Bearcat months ago but I haven’t recd anything although I’ve given current contact info. We also have some area at 20-2S-5W- its alot to try and figure out! Thank you so much for responding!
Cyndee,
There are no active wells in Section 20 02S 05W. Do you and your cousin have interests in the same quarter. Do you have proof of heirship. Probated will, Mineral Deeds, etc? Sounds like research in the County Clerks office to me.
I’m sorry I listed wrong the actual property’s are 17-1S-5W and 20-2S-4W. My cousins and I equally have heirship rights. I was in Duncan on the 17th which was unfortunately Presidents Day so was unable to visit the clerks office. Indeed, another road trip may be in order. If
20-2S-4W should be getting some interest now. I'm getting pretty good offers on the sections just north of it. Have you leased it?
As far as I know noone in my family has leased and I didn’t see anything at okcountyrrcords. Since we all have equal heirship rights do they have to contract with each of us or could just one of us lease thus allowing drill activity etc…? Any/all answers are greatly appreciated as I obviously have alot to learn!
17 1S 5W drill yet? I understand there’s a pooling order here looking for the unknown heirs of my deceased Mother so I’ve contacted XTO with so far no return call. What now?
Rick Howell said:
20-2S-4W should be getting some interest now. I'm getting pretty good offers on the sections just north of it. Have you leased it?
Rick, I still havent heard anything or leased 20-2S-4W. What should I do or who should I contact? Im trying to keep up but am new and afraid Im behind the activity.
If possible, I would work on getting the estate in order so you have marketable title. I wouldn't get in any hurry to lease it right now unless you need the money to clean up the estate.
What did you end up doing in 17-1S-5W?
They offer 1000/acre & 1/8 or 800 & 3/16. Haven’t responded yet. Are these comparable?
That sounds low to me. I can't imagine it pooling that low.
Rick- I now have an offer of 2500. and 3/16 on 17-1S-5W. The broker tells me it pooled on
May 7th and I have the cd # but Im not sure where online to look as Id like to read the orders?
They have applied for pooling but there has not been an order issued It did go to a recommended status on 6-2/2014. It is not pooled until the order is issued.
http://imaging.occeweb.com/imaging/OAP.aspx will get the documents. CD 201403356
More info is available here but requires a bit of computer setup to make it work http://occoapp1.occeweb.com/forms90/f90servlet?config=P525conf
I would be very careful about leasing it, compared to an election under the order.
You would need to consider everything, but the pooling is limited to 6 formations and 6-12 months. I'm sure the lease will be surface to core of earth capturing all zones and a 3 year term.
Oh I wish I knew more about the whole system! I dont know what you mean-Im so new to this and this is literally the first OGL with my name on it Ive ever seen. Is their any way we could speak per private message or phone (?), or anyone I could speak with as such for a little more help? A single Mother, I cant afford to pay an Attorney right now so Im on my own...I do very much appretiate your replies!!