# Grady county sections
**URL:** https://www.mineralrightsforum.com/t/grady-county-sections/68724
**Category:** Grady County, OK
**Created:** [November 17, 2022, 3:19pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724 "2022-11-17T15:19:36Z")
**Posts on this page:** 14
**Page:** 1
### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 3:19pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/1 "2022-11-17T15:19:36Z")
Just wondering about Sections 12, 13 and 5 in Grady County. Any projections on new wells? Continental is drilling in 12 and 13 and Marathon in 5.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 17, 2022, 4:23pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/2 "2022-11-17T16:23:54Z")
You have to give the complete section, township and range. There are quite a few section 12, 13 and 5.
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### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 5:53pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/3 "2022-11-17T17:53:28Z")
Sorry. I’m a novice. Section 5 Township 6N Range 5 West. Section 12 and 13 Township 6N Range 6 West
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 17, 2022, 6:30pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/4 "2022-11-17T18:30:54Z")
What exactly are you trying to ask?
Continental has a Unitization pending in section N/2 12-EN-6W for the Goddard. They already have quite a few wells in 12 & 13. Three Ewing horizontal wells drilled back in 2015-2019. Williams wells Drilled back in 2019. I do not see any new wells.
Marathon does have quite a few OCC cases for 5-6N-5W. Some were dismissed and some have extended time frames due to Covid. Mary B and Medley wells. I do not see a spud date yet for them.
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### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 7:01pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/5 "2022-11-17T19:01:02Z")
Also. What does spud date mean?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 17, 2022, 7:07pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/7 "2022-11-17T19:07:48Z")
The date that drilling starts. Oil patch has some unique language for sure!
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### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 7:08pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/8 "2022-11-17T19:08:04Z")
Thank you for your response. I really have two questions. One you answered as I’m getting royalties off the Goddard and Ewing. Can you explain what Continental is trying to do with Goddard? Secondly how long typically do wells produce? My question comes from the perspective of my retirement. I sold some rights to Continental in 12 and 13 with the thinking the wells would produce for a long period of time due to the price obtained per acre.
I really appreciate your knowledge and taking the time.
Thank you
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 17, 2022, 7:14pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/9 "2022-11-17T19:14:02Z")
Some horizontal wells are predicted to produce for decades. Most of their revenue is usually in the first few years. You should have received the unitization paperwork from the OCC for the Goddard zone. I have not read the full packet. Generally, in a unitization, several companies have drilled a common horizon over several/many sections. In order to capture the most revenue and drain the reservoir efficiently, the companies will come together and pick one operator to run the whole thing, drill new wells, facilitate secondary recovery, etc. The unitization must be cleared by the OCC and voted on favorably by a majority of the mineral owners. Can extend the life of the field for many decades. I have acreage that has been online for over 100 years due to secondary recovery. Reading the whole unit application will give you the plan for the Goddard as being presented to the OCC.
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### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 9:10pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/10 "2022-11-17T21:10:33Z")
Thank you. So I should expect revenue to remain consistent out of Ewing for decades?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 17, 2022, 10:32pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/11 "2022-11-17T22:32:08Z")
No, wells naturally decline in volume as the pressure decrease. Prices fluctuate every day. You will see continuing natural declines in volumes which might be offset some by rising prices, but could just easily be offset by declining prices. If new wells are drilled, then you will see an uptick in volumes and revenues for a while, but they will immediately begin their volume decline.
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### Author:  [@phuckins](https://www.mineralrightsforum.com/u/phuckins)
#### Post date: [November 17, 2022, 11:01pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/12 "2022-11-17T23:01:11Z")
Thank you. But well could produce revenue for decades. Correct?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [November 18, 2022, 1:12am UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/13 "2022-11-18T01:12:03Z")
Yes, Here is a predicted decline curve from a well nearby.
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### Author:  [@fjonesiv](https://www.mineralrightsforum.com/u/fjonesiv)
#### Post date: [November 18, 2022, 2:20am UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/14 "2022-11-18T02:20:39Z")
Wondering what? You need to ask specific questions here.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [February 15, 2023, 3:20pm UTC](https://www.mineralrightsforum.com/t/grady-county-sections/68724/15 "2023-02-15T15:20:21Z")
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