Garvin County, OK - Oil & Gas Discussion archives

I’m happy with the 1/5 @ $150 for the lease in 2-3N-1W (2 year lease), we’re working on terms. Now I’m into the next big big step of learning what really matters in the terms :slight_smile: We’re already on the docket for pooling in mid-January and they claim to be ready to drill in the first quarter so they are motivated and so am I. If we go to pooling I think I can make the case for 1/4 no bonus which I’d prefer but then obviously we don’t get necessarily good terms beyond that, as I understand it today.