# End of Lease
**URL:** https://www.mineralrightsforum.com/t/end-of-lease/11390
**Category:** Payne County, OK
**Created:** [March 2, 2014, 5:57pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390 "2014-03-02T17:57:31Z")
**Posts on this page:** 20
**Page:** 1
### Author:  [@S\_Nathan\_Roberts](https://www.mineralrightsforum.com/u/S_Nathan_Roberts)
#### Post date: [March 2, 2014, 5:57pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/1 "2014-03-02T17:57:31Z")
I was wondering if anyone has ever had a lessor reach the end of a lease without drilling? Our 3 year lease will end in August and I have heard absolutely nothing about even a proposed well.
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### Author:  [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [March 2, 2014, 6:04pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/2 "2014-03-02T18:04:07Z")
It happens all the time, sometimes because they have lost interest, and sometimes because they overcommitted to the area and simply cannot get to your lease in time. There are also lots of cases where they pull in shortly before the leases expire and start the drilling process. Many leases today have an “option to extend” clause, which the oil companies like to put in. There’s a lot of time between now and August. It also happens that sometimes the leases expire, and then you get to lease again and get some more bonus money.
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### Author:  [@Wayne\_Murrow](https://www.mineralrightsforum.com/u/Wayne_Murrow)
#### Post date: [March 2, 2014, 6:18pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/3 "2014-03-02T18:18:30Z")
Unless you changed the lease they first sent, they have an automatic extension of three years at the same bonus as the first one. We took that out of our lease. Don’t know what their plans are, but would sure like to know.
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### Author:  [@Ron\_McKenzie](https://www.mineralrightsforum.com/u/Ron_McKenzie)
#### Post date: [March 2, 2014, 6:22pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/4 "2014-03-02T18:22:17Z")
Where are you talking about?
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### Author:  [@Wayne\_Murrow](https://www.mineralrightsforum.com/u/Wayne_Murrow)
#### Post date: [March 2, 2014, 6:37pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/5 "2014-03-02T18:37:13Z")
Ron McKenzie said:
where are you talking about?
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### Author:  [@Wayne\_Murrow](https://www.mineralrightsforum.com/u/Wayne_Murrow)
#### Post date: [March 2, 2014, 6:40pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/6 "2014-03-02T18:40:05Z")
We are talking about
S 12 17N 4E IM
Calyx lease
Hope you don’t mind my response, Nathan.
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [March 2, 2014, 6:40pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/7 "2014-03-02T18:40:23Z")
I had a landlady tell me statistics show that only 6% of folks with a lease ever get a well drilled. 94% never get a well drilled.
Clint Liles
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### Author:  [@S\_Nathan\_Roberts](https://www.mineralrightsforum.com/u/S_Nathan_Roberts)
#### Post date: [March 2, 2014, 7:03pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/8 "2014-03-02T19:03:01Z")
Yes Wayne, that is the section.
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### Author:  [@S\_Nathan\_Roberts](https://www.mineralrightsforum.com/u/S_Nathan_Roberts)
#### Post date: [March 2, 2014, 7:03pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/9 "2014-03-02T19:03:52Z")
Clint, I don’t like those statistics.
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### Author:  [@Ron\_McKenzie](https://www.mineralrightsforum.com/u/Ron_McKenzie)
#### Post date: [March 2, 2014, 7:30pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/10 "2014-03-02T19:30:21Z")
[http://imaging.occeweb.com/OG/Well%20Records/1DD18950.pdf](http://imaging.occeweb.com/OG/Well%20Records/1DD18950.pdf)
[http://imaging.occeweb.com/OG/Well%20Records/1DD18955.pdf](http://imaging.occeweb.com/OG/Well%20Records/1DD18955.pdf)
[http://imaging.occeweb.com/OG/Well%20Records/1DD0DE25.pdf](http://imaging.occeweb.com/OG/Well%20Records/1DD0DE25.pdf)
[http://imaging.occeweb.com/AP/Orders/occ5053854.pdf](http://imaging.occeweb.com/AP/Orders/occ5053854.pdf)
[http://imaging.occeweb.com/AP/Orders/occ5053855.pdf](http://imaging.occeweb.com/AP/Orders/occ5053855.pdf)
I think there is another well in Section 3 that is a better well than the one above. I am looking for more info on it.
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### Author:  [@S\_Nathan\_Roberts](https://www.mineralrightsforum.com/u/S_Nathan_Roberts)
#### Post date: [March 2, 2014, 7:35pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/11 "2014-03-02T19:35:24Z")
I guess I was a little naive to believe them when they said that they were definitely going to drill every square inch of land that they had leased.
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### Author:  [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [March 2, 2014, 7:37pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/12 "2014-03-02T19:37:25Z")
Clint, I have it on good authority that 97% of statistics are made up. I also think that to be anywhere near correct that the words “in any given lease cycle” should be added to what the landma’am told you.
I also wonder where people like my brother and I fall into the equation? No lease but several wells? Last time I looked there wasn’t any space between 94% and additional 6%. I think the statistics are made up. ; )
Clint Liles said:
I had a landlady tell me statistics show that only 6% of folks with a lease ever get a well drilled. 94% never get a well drilled.
Clint Liles
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### Author:  [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [March 2, 2014, 7:44pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/13 "2014-03-02T19:44:15Z")
Mr. Murrow, an option to extend is not automatic, it’s an option, they still have to exercise the option. I have heard of some crazy language though, such as the lessee has one year after the expiration of the present lease to decide if they want to exercise the option to extend, so they get a 1-year free option whether they extend or not.
Wayne Murrow said:
Unless you changed the lease they first sent, they have an automatic extension of three years at the same bonus as the first one. We took that out of our lease. Don’t know what their plans are, but would sure like to know.
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### Author:  [@Wayne\_Murrow](https://www.mineralrightsforum.com/u/Wayne_Murrow)
#### Post date: [March 2, 2014, 7:53pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/14 "2014-03-02T19:53:35Z")
Yes, it is an option.
r w kennedy said:
Mr. Murrow, an option to extend is not automatic, it’s an option, they still have to exercise the option. I have heard of some crazy language though, such as the lessee has one year after the expiration of the present lease to decide if they want to exercise the option to extend, so they get a 1-year free option whether they extend or not.
Wayne Murrow said:
Unless you changed the lease they first sent, they have an automatic extension of three years at the same bonus as the first one. We took that out of our lease. Don’t know what their plans are, but would sure like to know.
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [March 2, 2014, 8:22pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/15 "2014-03-02T20:22:57Z")
Hey Robert,
I’ll agree with your thinking 100%.
Clint Liles
r w kennedy said:
Clint, I have it on good authority that 97% of statistics are made up. I also think that to be anywhere near correct that the words “in any given lease cycle” should be added to what the landma’am told you.
I also wonder where people like my brother and I fall into the equation? No lease but several wells? Last time I looked there wasn’t any space between 94% and additional 6%. I think the statistics are made up. ; )
Clint Liles said:
I had a landlady tell me statistics show that only 6% of folks with a lease ever get a well drilled. 94% never get a well drilled.
Clint Liles
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### Author:  [@Clint\_Liles](https://www.mineralrightsforum.com/u/Clint_Liles)
#### Post date: [March 2, 2014, 8:24pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/16 "2014-03-02T20:24:25Z")
Nathan,
I’m with you.
Clint Liles
S Nathan Roberts said:
Clint, I don’t like those statistics.
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### Author:  [@Martha\_McMorries](https://www.mineralrightsforum.com/u/Martha_McMorries)
#### Post date: [March 2, 2014, 8:37pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/17 "2014-03-02T20:37:16Z")
Nathan, Is your mailing address of record which the last leasing company used to contact you still your current address? Sometimes a company may contact a mineral owner and offer a new lease, but if the mineral deed address of record is not the current address a company may not be able to find the mineral owner and have to pool the unknown interests before they drill. Since the pooling notice will be sent to the last known address of record, it may not be received either. If needed, an affidavit of ownership can be filed stating the current mineral owner’s address and filed in the County where the minerals are located.
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### Author:  [@Go\_Fast](https://www.mineralrightsforum.com/u/Go_Fast)
#### Post date: [March 5, 2014, 1:55am UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/18 "2014-03-05T01:55:31Z")
My 3 year lease had a two year option attached and they didn’t do anything until 4 months before the 3 years was up. That was last August when they finally drilled. They just started fracking it this week. The neighbor didn’t get bonus money again because it was ‘held by production’, they told him, since they had drilled it.
Thanks to my lawyer, I had a depth clause. 🙂
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### Author:  [@Martha\_McMorries](https://www.mineralrightsforum.com/u/Martha_McMorries)
#### Post date: [March 5, 2014, 11:02pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/19 "2014-03-05T23:02:46Z")
Go Fast, here’s one of the newest Addendum clauses: Sub-terrain Easements: No sub-terrain, or subsurface easements are granted for use outside the spacing or statutory well unit.
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### Author:  [@Go\_Fast](https://www.mineralrightsforum.com/u/Go_Fast)
#### Post date: [March 28, 2014, 2:25pm UTC](https://www.mineralrightsforum.com/t/end-of-lease/11390/20 "2014-03-28T14:25:04Z")
Thanks, Martha. I’ll have to keep learning about this - my lawyer was made a judge and isn’t keeping his private practice anymore.
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