I recently got a letter in regards to my grandfather owning mineral rights in Oklahoma. The letter stated there have been 2 wells drilled and completed. Also, the letter stated there was bonus and royalty money to be claimed. I was wondering if that means oil is already being pumped and how would I find out how much. I don’t have much knowledge about this matter other than I inherited the mineral rights. Thank you.
More info is needed for someone to help you. Who was the letter from? Did it identify in whose name the mineral rights are currently in? How were you located to receive the letter? What are the legals - Section, Township and Range? What entity is holding bonus and royalty $? The more details you are willing to share, the more likely you will get good help.
What County and the legal description?