We were recently contacted by a landman about a potential pad on our property (320ac) in Caddo County, OK. We’ve owned the property for just about two years and do not own mineral rights, only surface rights. I’ve heard people talk of getting paid $100K and up for pads on their property in our area but also heard that 10K might be closer to average for “damages”. What is the going rate for pad construction in 2026 for Oklahoma?
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In Custer county they have been paying 50-75,000 per site. 2 or 3 well pads take more acres. The last couple near me both received $75,000.
Thank you Don for the insight. Several others in the area have concurred that 75 - 80 seems to be what others close to us are getting for one head. We’re very early in this process so don’t want to under value what we have or the consequences of handing over that portion of the property.
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Would you mind sharing your location for the pad site? I have mineral rights and I was wondering if this would be close. Thanks
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How large of a pad site are they looking to put on you?
What area of Caddo? We are contacted also about a well site. What company?
These are my leases in Caddo County:
| 6 | 9N | 9W |
|---|---|---|
| 31 | 10N | 9W |
| 18 | 8N | 10W |
| 16 | 8N | 10W |
| 18 | 8N | 10 |
| 18 | 8N | 10 |
| 16 | 8N | 10W |
| 17 | 8N | 9W |
| 9 | 8N | 9W |
| 5 | 7N | 9W |
| 6 | 7N | 9W |
| 7 | 7N | 9W |
| 35 | 8N | 13W |
| 34 | 8N | 10W |
You can message me if you’d like.