My interest in Merit is with the Purdy Hart & Purdy Springer Units. I looked in the OCC Electronic Well Data Base for a well in the section that Linda referenced, 29,4N,3W and with the 1073 change of ownership document was a list of wells transfered. 236 of them.
http://occpermit.com/WellBrowse/Webforms/WellInformation.aspx?ID=39…
It doesn’t appear that any were in the Units that I care about. Also, I think March is the last production I have been paid for.
So then Merit did sell some in the Purdy heart and Springer unit?
Yes, Thanks Lynden…the Shoemake well is the one we have interest in. My father in law’s name was Shoemake and owned the land and royalty where they drilled that well. It’s about pooped out now put was a good well for many years. Hope they go in there and drill some more wells on it. Appreciate the information!
When I was poking around I saw that Casillas got the Wentz Trust well 26, 4N, 4W (DUC) from CLR I think. Even more interesting are the 5 Nayro wells being drilled by Citizens Energy in 14, 4N, 4W but paying out for section 11 (going under the Washita River and Hwy 19). The permits to drill have at least one Hunton and one Sycamore and the rest Woodford. From memory it was four different depths with a spread like a 410 shotgun originating from a single point.
So they can just sit on it even though they know what’s there?
Oh, just fill in the location part.
I don’t think Merit is in the business of drilling wells. I’m not even sure that they have the rights to depths other than where these old wells are producing now. I guess that they would have some rights to the Springer. I don’t know if Anadarko or Exxon Mobile or Occidental or who has the rights to the Woodford in section 28,4N,4W. (Sheridan does have a small parcel in the Woodford there)
I think that is the sad truth of the matter.
But RimRock who Merit sold their production to around here I have been told is planning to drill quite a few wells around in this area.
Linda did that include any of the Purdy Heart and Sand unit?
The transfer of a well bore to another operator does not mean the entire lease itself was part of the package. The other zones could be included in the purchase, retained by the seller, or part of a different sale to another operator/investor.
For instance: There is a company that has several wells in the scoop and surrounding counties that sold the Woodford that his leases were holding to Continental.
You have to look at the entire deals and packages, much of which may not be public record.
Rick, I was just thinking of you because I know somebody. maybe not you, but somebody around here must know who owns (or controls) what under these units we have been talking about. Now CLR had a deal with someone for a few sections in 4N, 4W. They had it shaded in their presentations. Was it with Merit, Exxon-Mobil or ?
That company would be Sheridan. Blink once if yes.
Do you think Merit will drill deeper?
Karla, go to the well browser system at the link below and you will see that Merit, Sheridan and Casillas are the three operators in your section. It will give you something to study while you wait for someone to drill. On the positive side my one Springer well pays out more that five Hart wells. How many Springers do you have?
3 Hart and 3 Springer. I’m still getting paid from Merit.
Are the Springer wells much better that the Hart wells?
Linda Rigtracker, We’re still getting monthly checks from Merit even though they are very small compared what they once were. We have wells in Sections 3, 10, and 12 of T03N R04W. I have not received a letter saying they sold out to Rimrock. I had heard a few years back that Merit was waiting on getting CO2 pipelines online to rework some wells for injection.
With other activity in the Woodford, the Purdy-Springer-Hart may come to a end.
We have a disposal well, so that generates some income for us.
OCC told me that a TA or temporary abandon means they have one year to start something again or it becomes permanent and done. So if Merit TA’d wells then in one year didn’t take them out of TA - the unit dies, it’s over and that ends the original lease. That’s the way I understood what the fellow at OCC told me.
Can anyone give an update on how the Hays well is doing and if any plans to expand? Thanks