I was wondering if anyone can tell me how many lots are in a section? Also does the decimal interest change what lot the well is drilled on or the toe is on? Thanks Ardis Till Jackson
Some sections do not have lots. Those that do have lots do not necessarily have a certain number.
I'm not sure I follow your second questions, but drilling locations are determined first geologically, and secondly dependent on the topography and or surface agreement that may or may not be in place.
Ardis, a township is 6 sections by 6 sections. Usually the internal south and east sections are standard 640 acres but due to the error of placing a square township on a round earth, they may have to add lots to a section to make it come out right every 6 miles. the lots can be various sizes. The decimal interest can be changed by lots because there are more acres than the standard 640, 1280 or 2560 acres in the spacing.
Thanks for your reply to both of you. The reason for asking is I was told my decimal interest was reduced more than I thought it should be, due to the lot size. It was either Brigham or Statoil who stated this.
Here is an example, I have well in a 1280 spacing(Wold well), with Kodiak. This well includes 2 of my sections. Statoil drilled down,(Heel) on a section that is not mine, but the (toe) came out on my section. This is a 1274 spacing.I assumed my decimal interest would be half of what the Wold well is, but it is much less than half. That is why the lots have me confused. I did not think your decimal interest is determined by what lot they drill on or where the toe is.
I do have any inquiry into Statoil on this as I have division orders to sign for a new Garman well. I will see what they tell me--Thank you so much for your help
This is not directly pertinent to your situation but I will offer it as supplemental information. In my experience, the word "lot" has been used in two ways.
a. We own in Lea County, NM, where there are some oversize sections and the legal descriptions of some tracts are "lots". For example, Lot 1 might be roughly placed where an oversized west half of northwest quarter would lie.
b. A lot lettering system allows an easy shorthand for referring to each of the 16 forty-acre squares that make up a standard section. It appears on drilling permits for vertical wells. Lot A is the NE/4 of the NE/4. Lot B is the NW/4 of the NE/4. Lot C is the NE/4 of the NW/4. Lot D is the NW/4 of the NW/4. Lot E is the SW/4 of the NW/4. And so on. This lettering system would not be used for legal descriptions of land on deeds, leases, and so on.
I understand lots a bit better now. At one time a oil Company gave me the lots in my sections, but lost the info. I guess it really does not matter. Thanks all Ardis Till Jackson