# Kingfisher County, OK - Oil & Gas Discussion archives
**URL:** https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391
**Category:** Kingfisher County, OK
**Created:** [July 5, 2011, 7:10pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391 "2011-07-05T19:10:21Z")
**Posts on this page:** 20
**Page:** 11
### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 14, 2014, 10:30am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/413 "2014-08-14T10:30:00Z")
Thanks JW… any idea why it was continued?
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### Author:  [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [August 14, 2014, 10:32am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/414 "2014-08-14T10:32:00Z")
I don’t have any specific info, but it’s not unusual for these things to be continued multiple times.
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### Author:  [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [August 14, 2014, 10:19am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/415 "2014-08-14T10:19:00Z")
Go to this link:
[http://imaging.occeweb.com/imaging/OAP.aspx](http://imaging.occeweb.com/imaging/OAP.aspx)
Type in the Case #: 201405464
When the results are posted, they will show up in the list.
By the way, this hearing was continued until August 19th.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 14, 2014, 10:48am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/416 "2014-08-14T10:48:00Z")
Ok, thx… I heard that BRG has a well just south of the Section, so speculation is that they may be trying to limit the horizontal length of the well.
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### Author:  [@Tim\_West](https://www.mineralrightsforum.com/u/Tim_West)
#### Post date: [August 14, 2014, 1:58pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/417 "2014-08-14T13:58:00Z")
I was snooping around just for the heck of it on the MRF for a county in North Dakota and found this post by a lady that sounds like she knows her stuff. I thought I would share it with you. I hope she doesn’t mind…
Comment by [MaryAnne H Larson](http://www.mineralrightsforum.com/profile/Larson) on April 6, 2014 at 2:33pm
GV leases have recently gone up to and beyond $1500.00-$2500.00 per acre… royalty of 20% + no less. And don’t lease any more than a half to one Section per lease. If you have more land then they will have to pay you another bonus and lease which should be higher than the first lease so you double your money. Don’t let a landman tell you any different. Keep in mind you are locked into that lease forever once they drill, so what seems a lot today is very little tomorrow. Plus you will lose 34% of that bonus when you pay income tax on it. In fact do not even talk to a landman because a lease is not in your best interest.
Mineral Owners best option is clearly a working interest. If you lease for 20% who gets the other 80%? The landman and oil company. If you do a working lease you get 100% after expenses. This is a partnership between you and the oil company, the landman is out of the picture. So he is not going to advise you to do a working interest. You do NOT have to pay for your share of the cost to drill up front. It can be taken out of your future royalty payments so you do not have to put the money up front or borrow to participate in the well. The oil company will drill and keep your percent of the profits (6-10 months), to pay your share of the expenses. Then after that you will get 100% of your share of the profits forever. Oil companies and landman do not advise this for one reason: they get a large reduction on their profits because the bulk of the money is going to you. They will tell you that it is risky… Well do you really think that an oil company would invest millions of $$ in a well that is dry? Technology today reduces that risk to less than 1%. If you have producing wells in your area then it is less than .6295 chance of dry hole. Plus you can buy an insurance policy to cover your risk. The real cost will be the insurance premium for the term of drilling 60 or 30 days, which is about $1200 for insurance. Plus the cost and profits are not taxed as regular income so you pay less in taxes. Clearly your best option is to participate via working interest instead of getting a lease. 20% of the profits or 100% of the profits. Get a good lawyer to fully explain all your options and ask about a working interest in detail.
If your lawyer does not give you options or information about working lease… get a different lawyer. Most people lease because they do NOT know about working interest. The oil company and landman do not want you to understand the options because they want the 80% profits.
Just remember that it is your oil at the end of the day.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 14, 2014, 10:11am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/418 "2014-08-14T10:11:00Z")
20-19N-07W - Location Exception hearing on Tuesday morning (8/12) with a protest from BRG Petroleum… any idea where I can look for the outcome of the hearing?
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 17, 2014, 3:38pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/419 "2014-08-17T15:38:00Z")
I am trying to look up the status of the drilling and location exception for my property and I am getting errors… I am using the same format and site that I have always used. Anybody else having issues with database lookups on OCC? This is where I was going: [http://imaging.occeweb.com/imaging/OAP.aspx](http://imaging.occeweb.com/imaging/OAP.aspx) CASE: 201405464
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 17, 2014, 4:11pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/420 "2014-08-17T16:11:00Z")
I looked on their website, but I didn’t see any messages/notices.. they may be down for maintenance. Thanks.. I will try again tomorrow.
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### Author:  [@Ron\_McKenzie](https://www.mineralrightsforum.com/u/Ron_McKenzie)
#### Post date: [August 17, 2014, 3:59pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/421 "2014-08-17T15:59:00Z")
I am having issues also.
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### Author:  [@Gail\_D\_McLemore](https://www.mineralrightsforum.com/u/Gail_D_McLemore)
#### Post date: [August 19, 2014, 11:04am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/422 "2014-08-19T11:04:00Z")
Have mineral acres in Kingfisher, Oklahoma at Section 32, Township 18N, Range 6W and have been offered $2,000 an acre from ProMinerals Partners. Has anyone done business with this company? Is this a decent offer? I am new to this and do not want to be taken advantage of. Should I hold on to the lease and not sell? Thanks for your help.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 19, 2014, 11:13am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/423 "2014-08-19T11:13:00Z")
To lease or buy your mineral rights?
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### Author:  [@Gail\_D\_McLemore](https://www.mineralrightsforum.com/u/Gail_D_McLemore)
#### Post date: [August 19, 2014, 11:32am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/424 "2014-08-19T11:32:00Z")
Scott Swanson - offer was to buy.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 19, 2014, 12:18pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/425 "2014-08-19T12:18:00Z")
I am not familiar with 32-18N-6W, but I just went through this over the last year for the first time and I hope this helps. My property is in Kingfisher 20-19N-07W. I leased my mineral rights 3 years ago. Beginning mid-2013 I started receiving offers to buy my mineral rights. The initial offers were $1500-2000 per acre from 5-6 companies. I said ‘no’ several times, but they kept increasing the amounts. By March of this year I had two offers for $5000 and one offer for $6000 per acre. Ultimately I told them all that I did not want to sell. They started drilling 2 weeks ago. My assumption was that I would do better to hold the rights and hope that they would select my section to drill, but your personal situation will dictate whether you want the money now or if you are willing to take the risk.
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### Author:  [@Gail\_D\_McLemore](https://www.mineralrightsforum.com/u/Gail_D_McLemore)
#### Post date: [August 19, 2014, 12:43pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/426 "2014-08-19T12:43:00Z")
Thank you Scott Swanson. Am thinking it is better to hold and wait myself but wanted to see if anybody else had been made offers in the section I am in.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 20, 2014, 9:59am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/427 "2014-08-20T09:59:00Z")
Kingfisher - 2019n07w - Continued Location Exception hearing yesterday - did the location exception get final approval or did it get continued again? If so, what is the new hearing date? Thank you in advance for the information.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 20, 2014, 9:07am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/429 "2014-08-20T09:07:00Z")
Gail, you might want to hold on for a while. Horizontal drilling is increasing in your general area. Usually, the first offers to buy are quite low compared to what they will eventually offer. Also, it is an indicator of interest in the area, so another hint to hang tight. This may take a year or so to develop, so don’t look for a quick answer. There was quite a bit of leasing last year in the section just south of you to Newfield. That is a very good sign that something horizontal will be in the works. If I were you, I would wait to see what develops.
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### Author:  [@Scott\_Swanson](https://www.mineralrightsforum.com/u/Scott_Swanson)
#### Post date: [August 20, 2014, 9:52pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/430 "2014-08-20T21:52:00Z")
thank you M Barnes… I appreciate the help.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 20, 2014, 9:45pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/431 "2014-08-20T21:45:00Z")
[http://www.occeweb.com/ap/docket\_results.html](http://www.occeweb.com/ap/docket_results.html)
Scott, go to the date you think it was supposed to be. Then scroll down the list or use FIND to see what happened. You may have to check Tulsa and OKC
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### Author:  [@Kunal\_Amin](https://www.mineralrightsforum.com/u/Kunal_Amin)
#### Post date: [August 22, 2014, 3:17pm UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/432 "2014-08-22T15:17:00Z")
Does anyone have info about 03-18N-8W?
Thanks in advance.
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### Author:  [@Ron\_McKenzie](https://www.mineralrightsforum.com/u/Ron_McKenzie)
#### Post date: [August 22, 2014, 7:15am UTC](https://www.mineralrightsforum.com/t/kingfisher-county-ok-oil-gas-discussion-archives/1391/433 "2014-08-22T07:15:00Z")
**Kingfisher:** Hinkle Oil & Gas Inc.; Bollenbach No. 2-29H Well; SW1/4 SW1/4 SW1/4 SE1/4 of 29-17N-05W; 365 barrels oil per day, 368,000 cu-ft gas per day; TD 11,000.
Hinkle Oil & Gas Inc.; Copeland No. 4-20H Well; SE1/4 SE1/4 SW1/4 SW1/4 (SL) of 17-17N-05W; 503 barrels oil per day, 429,000 cu-ft gas per day; TD 12,155.
Hinkle Oil & Gas Inc.; Lincoln Southeast Oswego Unit No. 89-2H Well; NE1/4 SE1/4 SE1/4 SW1/4 (BHL) of 20-17N-05W; 47 barrels oil per day; TD 11,614.
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