Are all sections 40 acres? Then any Township/Range would be 40x36 acres?
Each Township has 36 sections and each section has 640 acres. The description reads right to left. So NE4 gets you down to the NE 1/4 quarter or 160 acres. The N/2 is the north half of the 160, etc. etc.
That description you gave gets down to 40 acres as Ron detailed, and that would be the spacing for that well back when your father signed the lease. Do you know what the net mineral acres were on the lease he signed? Does anyone in your family also have 1.5385 NMI? Meaning is that your 1/2 or 1/3 of what your father left?
Thanks Michael. Thatâs good to know. Would that be 8 wells being drilled by one company?
Ron, do you think it would be reasonable for me to assume that those other people are my relatives? Distant ones, of course, but I know that long ago our great-grandfather plus 4 of his sons went to Garvin County from Texas. Many descendants are still in Lindsay, engaged in the leasing of minerals. Our grandfather was one of the brood that stayed in Texas but I have to think this is why he came to own mineral rights in Oklahoma. Isnât there a place where they list all the owners in a particular tract?
My Great Grandparents on my Grandmotherâs side lived on 40 acres on 1-3N-5W. They had seven kids who all had kids, who had kids. That cuts it up fast.
So, on another document, referring to Section 21 4N 4W in Garvin County, the âspacingâ [correct?] description is very long and the sentence ends with âcontaining 150.00 acres, more or lessâ - does that mean his part is 150 acres? How does that compute?
Pam, what type of document did this language come from. Is it a mineral deed, warranty deed or mineral lease? Or other?
That means description is of a 150 acre tract. Your interest could be less but it will be under that tract.
I have a copy of a lease our Dad did on Section 07-2N-3W [thank you, Rick!] which gives N/2 N/2 NE4 as further description. What does that mean?
Also, it says it contains 40 acres. The offer weâve gotten from Energy Lease talks about 1.5385 net mineral acres. Does this mean they are only interested in a small portion?
Pam The 1.5385 is the interest you have under the 40 acre tract.
That is what I mean.
Richard, thatâs amazing. A lot of leases to get signed!
Lynden, this is a puzzling document to me. It refers to my dad as the Grantor, Cianna Resources as the Grantee & Instrument type is Convey. It looks to me like he sold these mineral rights but for 1 year, with further conditions on it remaining in place.
Ron, that is what I was thinking, all the spacing I have seen (which admittedly isnât much) was 40, 80, 160 etc. and Pam has the 150 acres more or less language. Do you think this means she has 150 mineral acres in Section 21? That is what I was trying to ferret out.
Lynden, I seriously doubt it & Rick thinks it may be due to a âcorrectionâ section. This legal description is very long - the longer the smaller?
Pam, most likely the original deed from way back when, could have been generations ago, someone owned 150 acres. As itâs been passed down, the pieces have become smaller but the description is still going to refer to the original 150 acres. Example: my grandmother originally owned 120 acres but she left it to her grandchildren and we all got an equal portion, but the deed still says 120 acres more or less. Chances are what the landman told you is correct. It can be verified by doing a title search at the county clerkâs office or paying someone to do it for you. In my case, I knew what I had and what my siblings and cousins had, so it was pretty easy to figure out how it all added up to 120 acres. Rick Howell, a forum member, knows a lot about this; Iâm sure he can correct or improve on what I have said. The size of the drilling units is a different subject which we can go into further if you would like to.
It should mean you have 1.5385 acres under the 40 acre tract. It is under the north 1/2 of the north 1/2 of the northeast 1/4 of 7-2N-4W which is 40 acres.
Ron, thanks for that clear answer, now I understand.
Pam, the units can vary in size depending on the type and number of wells planned. A typical horizontal well is drilled in a 640-acre unit and recently the state approved 1280-acre units. You get paid a proportionate amount of royalties no matter where in the unit your acreage is located. In some of the really hot spots, they are drilling up to 8 wells in one unit.
Lynden, I see what youâre saying. That lease doesnât specify the NMI but the lease we are being offered now does and it applies to the whole description, Iâm sure. After all, they are talking about what my father owned himself, not how it would be divided nowâis that what you are asking?
So, on another document, referring to Section 21, Township 4N, Range 4W in Garvin County, the âspacingâ [correct?] description is very long and the sentence ends with âcontaining 150.00 acres, more or lessââdoes that mean his part is 150 acres? How does that compute?
And back to the original questionâplease forgive my ignorance!âif that piece is 40 acres, why do they talk about leasing â1.5385 net acresâ?
FYI Pamala we have a producing 160 acre tract in South Oklahoma City that there were 250 separate entries on a division order and that was 1990. My sister and I had ten acres to split and that was one of the larger tracts on that unit. Rick check out the section sizes in Texas, they must have a lot of curvature of the earth down there.