Grady County Section 15-7N-5W


#1

I have 4 acres in Section 15 7N 5W in Grady County, Oklahoma. What website do I go to find if anyone is drilling on the 4 acres? I have it leased but have never received a royalty check. Thanks for your help


#2

You can get quite a bit of free information from the Oklahoma Corporation Commission. There are quite a few wells pending for section 15. Look them up from their surface location. Four wells have spud in section 1507N05W and another three from section 1007N05W.
http://imaging.occeweb.com/imaging/OGWellRecords.aspx

They should be just about finished. You will get a division order about five months after first sales and then should get paid at about six months after first sales or they will owe you statutory interest of 12% if you title is clear and 6% if it has to be cured.

The OK tax commission also has good data once the wells are online. I just checked and they are not posted yet. May take a bit longer since there are so many.
https://otcportal.tax.ok.gov/gpx/gp_displayPublicPUNListSearchDownload.php


#3

Thank you for the information you have provided. I did find out that a Spud was on 7/6/18 and I should receive a royalty check about 7 months later…if I get any royalty. What is a good oil well? I heard 100,000 barrels per day would be a good oil well. Sounds like that rate would be exceptional oil well. Any idea what oil wells produce in Section 15 7N 5W area?


#4

100,000 bbls per day would be highly unusual. That might be an exceptional offshore well with extraordinary porosity and permeability and reservoir pressure.

Something between 500-1500 BOPD and 800-2500 MCFD would be a good OK horizontal well. For example, the well in 17&8 had a completion at 559 BOPD and 799 MCFD in the Woodford. Well in 23 & 14 had 1182 BOPD and 2466 MCFD. These may clean up a bit after the frac water clears out, but those are more reasonable numbers.


#5

Does anybody know how the elmer well is doing at 1_3_34 section 9n 7w


#6

First sales were November 1, 2018. You will probably not hear anything until March or April.