It appears that our family may own non-participating royalty rights in Marathon Oil well 1H in the Davila Graham unit in the Sugarkane field about 10 miles southwest of Kennedy. The API number is 42-255-32531. According to the Victoria Advocate, Marathon recently applied for the drilling permit.
We are totally new to this, and would appreciate any insight that the Forum Members may have on the following items: typical time frame from permitting to completion of drilling/fracking; typical time frame from drilling/fracking to production; typical time frame from production to issuance of the distribution order (DO); typical time frame from issuance of the DO to first royalty payment.
Also, any insight to the well spacing or proration unit size for this well specifically, or for Marathon oil wells in the Sugarkane field in Karnes County in general, would be appreciated.
Thanks.