This is for Grady County, Oklahoma. The document talks about selling the wellborn rights. “Wellborn” is a term I had not run across before. If I read the attached section of a VERY long document, the wellborn rights were sold to someone else. I don’t think this means all mineral rights. I THINK it means just whatever is coming out of the well. I have attached a picture of the text involved. I redacted the actual information of where and well name, etc. since I don’t know if including this info actually needed. I also don’t know if it is a security issue or not considering that the info came from a public document.
Wellbore rights refer to the production related to that specific wellbore only. The assignment will not apply to any other well that is not cited in the assignment.
Thanks. This starts to make a glimmer of sense. So this only transferred the output of Shir-Lea #3 and not any of the others. This makes sense since we receive some few royalties from the other Shir-Lea wells, but not #3.
To all reading this… I am pretty sure autocorrect got me. I wrote “wellbore” and it changed it to “wellborn” and I didn’t see it. In fact, it tried to do it here.
