My family and I am exploring leasing the O&G rights for Section 1, 8North, 7W in Grady county. Does anyone have an estimate of what the net per acre and royalty should be? Thanks in advance.
Continental Resources seems to be still leasing in this section. Based upon the pooling for sec 2 and for sec 35-9N-7W, you might expect $1013-1350@1/8, $■■■■■■■■@3/16, $563-750@1/5, $113-150@1/4.
The Frankie 1-2-35XH was completed in the Hunton during May of this year but it was not fantastic: IP 165 bopd, 1415 mcfpd, 1753 bwpd. This well was a multi-unit well under sections 2 and 35.