We have inherited Mineral Rights and I have worked on getting everything organized so that I can manage our Mineral Rights. I have made files for each location that we have mineral rights in.
I am on Well Finder wanting to verify we are receiving production funds on all wells that our Mineral Rights include.
When I go on the Well Finder site, how do I determine if all wells on the section are included with our rights or just, say, the SW4 of NE4, etc. There are some sections we get payments on all wells, even when our rights are only in the NE4. I’m thinking it probably has to do with the spacing order, etc. but I don’t know what process to go through to obtain that information.
Can anyone give me a simple (Ha) step by step of the info I need and where to find it so I can look at a section and know which wells I should receive payments on based on our Mineral Right locations?
This process is definitely a step by step. Figuring this one out will be a big step. I appreciate anyone that can assist with helping me to move forward.
This is for Mineral Rights in Oklahoma (Harper, Ellis & Beaver Counties)