Step right on in Darla! Good to hear from you! I donât think the estate(s) were ever probated in Oklahoma. She mentioned an ancillary probate was needed on another property. Pam, Pam, Darla is very experienced in these matters (very much more so than me)and is correct. However, there are some details that need to be taken care of correctly during the transfer. You mentioned the Executor and Few years ago, Ancillary Probate so I assume he passed in another state. If your mother is alive now or was at the time of his death will come into play as well. How they were deeded in your fatherâs name can also play in there. If wills were involved or not can trump some of this as well. Affidavits of heirship may even work on some of it, but that could be dependent on many of the above. And even that may not be acceptable to the operator without additional documentation. Darla is not bashful and I invite her to correct me where I am wrong.
Oh, the difference Mineral Rights is the ownership of the minerals below the surface and right to produce/sell the products. So it involves the ownership of property. The Royalty Interest is the interest to the well (or lease). By calculation the amount of Mineral Rights compared to the well coverage and factor in the lease details, you get the amount of the production of the well that is yours.
Hutch is fine, I assume you answer to Pam. Compared to the Williams the Floyd 1-8 is a hole in the ground that might have a few barrels of oil in it. The H stands for Horizontal and the X designates a multi-unit well, 2 sections (7 & 19) drilled as one unit. An investment of that size definitely indicates a lot of confidence in some excellent results.
Debbie, looks like you or some of your kin are leased to Apache in 31-2n/4w. They have also been taking some leases in 35 and 36. Guess they are trying to grab some of the action before Continental and Newfield drill it all up.
Sorry Vickie, you are absolutely right! It would be pretty hard to get to 7 from 19 without going through 18. Fortunately Pamâs interest is in 7 so at least I didnât give you both false hope for 19.
Sorry Pam, make that 7 & 18 with surface location only in 19.
Hutch-youâre far from a bonehead. Some of my best info comes from you and youâre research. You are a blessing to many on the forum along w/several others. Keep up the good work!
Can anyone help me to understand the area where Merit is? we get a little bit of royalty from them, & it looks like, from the itemization they send, we are in several areas: NEPHU B-3B, NEPHU B-4, NEPHU C2,C3 & C4, NEPSU B-3, NEPSU C-2 & C3. I think NEPHU stands for Northeast Purdy Hart Unit & NEPSU stands for Northeast Purdy Sand Unit? But I see no actual land descriptions. I know we have interest in Garvin County Sec 21 4N4W-is that the same area? Besides just wanting to know, we are wanting to split this interest legally & need to find the proper language for the paperwork. Can anyone tell me how to get this info? Thanks!
wow! Linda, that was fantastic! Really helps me âseeâ it all! I will try & call Merit in Lindsay. At least I understand the Units now. We have family there in Lindsay, as well as some other surrounding areas, but they are all distant cousins & I only know of them because our father used to talk about them. In fact, we got our interests with Merit from Daddyâs Uncle. rooting through old docs, finding bits & pieces of info & trying to get a whole picture is sure tedious but Iâm a geneology junky anyway & love when I have the time to " go hunting". Now, of course, Iâm doing it for a dif. reason & really do appreciate all the help.
Hutch, thanks for the allocation details. Is it possible for me to keep tabs on this wellâs progress, or should I just keep asking you for updates?
Pam, Linda and Preston have provided quite a bit of the information. I think the ones you are referring to are the Northeast Purdy Hart Sand Unit and Northeast Purdy Springer Sand Unit. It is going to scare you when you see the land descriptions these Unitizations cover. Iâd guess 20-30 sections would be involved. Iâll see if I can pull one or two to let you see them. However, I donât think that path is going to lead you to the goal you are seeking. (if I understand you correctly) Hopefully you have some other documentation on the property legal descriptions and ownership chain.
Thanks for that explanation Rick. This is all very complicated and frustrating. Our father passed away in AR, pre-deceased by our mother also in AR. Daddyâs will, plain & simple, left all he had evenly to us children. It did not specify these minerals! We found out about them by accident and have no deeds, etc. Regarding the Merit holding we do have an old lease that is attached to a letter from the Oil Co noting that the minerals in that lease came to him from his uncleâs widowâs will. Canât locate that will, and the co. is no help. So we are seriously behind on documentation here. Seems all I can do is deal with one Oil Co at a time and try to give them what they ask for. It should get simpler as time goes by, easier each time-I hope! Right now, Merit is asking for that Executorâs Deed which is why Iâm trying to find the proper land description. Feel like Iâm going in circles
Darla, Help me out here. I donât think they can file an Executorâs Deed in the state of Oklahoma under these circumstances. An Executor of the estate has not been appointed/recognized by the yet by the State of Oklahoma. That would be the purpose of an ancillary probate.
Pam, While you may be able to get some or all of the companies to pay, unless you do it correctly it will keep coming back to haunt you.
That lease is with Cianna, there should be some earlier leases that the Merit ownership comes from. That was unitized in the later 1950âs the wells would have been several years older. However Merits name will not be on any of the original leases, as they acquired it much later. If you will take a look at the rest of the data it will show the operators when the unitization was done in 59. Cities, Phillips, Superior, Tekoil etc had the wells.
I didnât plot the whole lease description you posted below and compare with the both Purdy units, but some of the area listed in your lease is covered by these units, some is not. They do add up to 150. However, I would expect that your Dad didnât own all 150 acres. The lease would not normally reflect the ownership amount, but only the amount of the tract leased. You might find 5-10 more leases recorded with the same description.
Thank you Darla-you stepped in just where you are needed! I think I now understand better what is being asked of me. The office of the lawyer in AR (who is handling our fathersâ estate) is trying on my behalf to get that executorâs deed written but she is having trouble getting the land descriptions. Is that something you could help us with?
Rick, I did make the comparison & it does actually fit into the Sand Unit. Not all of it is in the Springer. Great maps, I can see the designations that Merit uses on our statements so I now know what theyâre talking about, where the interest comes from-how great! Thanks a bunch!
Think youâre right, Rick. Thatâs why Iâm trying to get it all done right, now. So it doesnât come flying back at our kids! Appreciate all the advice I can get.
There are several wells in that area producing from the Springer and Hart in the 9000-10,000â range. There should be some in the Sycamore Woodford and Hunton around 12-13,000â. Merit and Sheridan are the usual players. The Springer wells are typically 30-35 years old and the other from the 90s. There may also be a few CHK wells around that area as well in the deeper areas.
Thanks for all the info. Ask my husband about 31-2N-4W. he said he leased it to Apache last month. Didnât say anything because we have less than acre. Sounds like Egg money to me!!! got an offer to buy in the mail today for $3000. Seems a little low to me.
Pam, Rick is correct. An ancillary probate will need to be done in Oklahoma for each person in title that is deceased. It is possible that they can all be done at one time with less expense. Even if you do not have all of the minerals listed the probate should have what we call a catch-all paragraph that will include any minerals not noted in the probate. So Rick is correct in saying that the current executor is not recognized in Oklahoma.
I just skimmed through your comments, but what county was the interest you know about in? I live in Garvin County and would be glad to run names in the computer to see if anything comes up and if the tract you know about is in Garvin I could take a quick look to see if I see a deed on it.
I am an independent land agent (not working for anyone in the scoop or looking for workâŚjust full disclosure) and would charge for anything beyond that and really donât have the time to take on another project right now, but I would just like to get you one solid legal description for you to put in a probate and then you can always research further as time allows. I know how frustrating this can be. You can PM me or email and we can talk further. I would recommed hiring an attorney that lives in the county where you know you have interest. darlaragland@att.net
Good to hear from you!