Anything happening around Section 15, 5N 1E, McClain County, Oklahoma? Have received a potential offer in the mail.
Charter Oak has the Sharp 5N 1W 10 horizontal well which goes into 10 & 15. Has room for infill wells. Charter Oak pooling case to the south in 22/27
Infill holes. This is all residual oil very hard to produce. Lot of water.
The Sharp well is doing nicely and has about 66% of its estimated ultimate recoverable left. Not residual oil and gas.
Sharp is a disposal well with several wells running to it. Production numbers are allocated between several wells. The residual oil horizontal next to me makes nothing but water and frac sand.
If the permit says residual oil, don’t expect much.
Ron P-The Sharp 5N-1W 10 1HX is in 1W, not 1E, my bad. It is a good well but not in your township which is to the east. Sharp 5N-1W 3 1HX goes north from the same surface location. Also a good horizontal well.
There are no wells in 5N-1E -15. No leases in 24 months and no permits in that township. Charter Oak is the main operator in the area. They have some leases in 31 5N-2E about 4 miles to the SE of your sec 15.