Rick, the pooling order with Triad says it’s 640 spacing, so they would have to include all that we own in, right?
Pamela, there used to be a company called Mid-Continenta Abstract Maps. They had large maps and posted who owned what on them. I don’t think they are in business anymore, but my grandfather used them. I have his set. I cannot make you copies since they are copyrighted, but you have been discussing secondary recovery units that I think we have acreage in as well. His sets are from the early 1970’s so may have your “parties” names on them and maybe I can help you. Send me a friend invite and then we can correspond offline. I also have some of the original unit paperwork, so your names may be on them as well. I am only in OKC for two more days this month, so pop me a request and I will at least see if I have the corresponding maps.
Martha
I talked to Newfield yesterday. They said that the division orders for the Mashburn 1H-33 would be out sometime this week.
Martha, I appreciate the offer of help & just sent you a friend request.
Rick, maybe I will call the Garvin County Clerk. I have book & page # from the deed transferring what we have in sec 08-2N3W from one brother to the other. What I’m wondering is if maybe the 2nd brother added to his holdings & that’s why his widow’s final decree shows producing royalties on more area than is described in that deed [which is what Triad is using].
So if all fails, I can’t find anymore info-should I just accept the description Triad is using? As you say, even if we have more area, what is on that affidavit is what **they **are interested in.
I’m sorry, but I kind of got in the middle of the thread after I got back into town. I hope I didn’t miss some of the details and got too far off-track.
This layout of the forum allow all of the conversation to comingle and makes it hard to follow. Are you trying to straighten out existing production on the two Purdy Unitizations? Or does this have to do with a pooling order on new exploration?
If it is a current pooling order spaced at 640 with 1 section, yes, they would have to include all you own. If you have production in that section covering part of your property and some that is non-producing, it is possible that the lease (or pooling order) with a new operator would only cover the non-producing. It would depend on if depth clauses are in place on the areas that are producing. You would still get paid for production on everything, but the acreage that is HBP would pay at the rate negotiate in that original lease and no bonus would be involved for you.
There are some many scenarios that could come into play depending on the details.
Rick, Thanks for the info on the Foster-Tussey Wells. Just what i was looking for.
Glad it helped, Debby.
1966, maybe if it was a savvy owner.
Rick, it’s probably my fault for switching topics so suddenly, no worries! Think I understand the production at Purdy Hart now after so much good guidance here.
Yes, now my concern is the Triad pooling order from last year in section 8-2N-3W. What you are describing is a totally new wrinkle for me-I just emailed the person at Triad who sent the Affidavit, telling her of my concern. Maybe her response will shed some light.
But now I see I need to know more than just what lease was in place there in 1966-would a well in that area still be producing? And probably there wouldn’t be a depth clause with so old a lease, right?
There were producing and non-producing descriptions for that section in the Probate, and there is an overlap. Maybe these aren’t clerical errors after all. The details, gotta find the details 
Thanks, once again, for the clear, concise explanation!
Pamela,
I found your acreage on my old maps. Check your email from me.
Martha
Does anyone know the completion report results of Triad Oil well in Section 8 of 2n,3w in Garvin?
Depositing a check wouldn’t change the terms of your lease.
good morning everyone. its been awhile. whats the news onthe Lang sec20 3N 4W? Has anyone seen any royalty checks yet? Has Continental Resources paid out anything yet?
C=center
Thanks, Rick.
Rex,
I still don’t see a completion report but they sold 167 barrels of oil in March.
I’m looking at wells on occpermit.com/wellbrowse. Sometimes under “quarters” you’ll see a “C”-what does that mean?
That is why you consider carefully what you want your terms to be.
Once it is held by production (HBP), you are bound by the terms you first chose-whether by lease or by Force Pooling for as long as there is production which can be months to decades. If you think short term and need the money, you might go for higher bonus and lower royalty (most folks would go for 3/16). But if you are thinking long term, you may pick lower bonus or no bonus and higher royalty. If I am in a vertical well world and there is some risk on the geology, I go with the 3/16 and the best bonus I can negotiate or I wait for FP so I get the best rate offered. If it is horizontal world and the geologic risk is lower, I may consider a low to zero bonus and take the 20-25% royalty.
If they drill dry holes within the primary term of your lease, you are only bound by the lease primary term of three years or whatever it said. I never take an option. Too risky in today’s price world.
Martha, would there be an exception to this in the case of formations limited by a depth clause.?