I went by my property today and found a plugging crew hard at it… Now that this is in process how do I or what should I ask for from CHK to get a complete release from them so I am able to move on???
If you would have told us where this is we could have probably given you lots of information about it, so all I will comment on is the little you mentioned. Just ask them for a release and make certain it gets recorded.
Sorry joe this is in Oklahoma… Section 07/ range01/ 19ecm… This been on going with Chesapeake,… Been on phone emails weekly with them… Guessing squeaky wheel gets grease… As soon as they finish I will start on a release from them… If they send it to me can I file the release myself???
Yes, you can record the release if they send you one. Big if .
If they do a release they'd want to send it off to record themselves. I take it it's Pushmataha, if so I don't think there is a need to hurry as I'd bet no one else will be interested in leasing it any time soon. Most companies have no problem filing a release but realize that only a small percent of probably less than 1% ever get a release recorded as most don't ask for it and most don't offer it as normal business.
I have another company that is already interested is why I am asking… I just curious on what I need for this so I can speed process up…
Thanks
Wow, there hasn't been but 2 wells drilled in the county in the past 5 years. No leasing in 2 years and almost all wells drilled have basically been dry. I'd be trying to get a release also, if not you can do a quite title if needed to clear your title and can get it done in a few weeks. I see minerals come up for sale a lot for very little.
in may i leased 40acres out across road that had a well plugged back in 80’s due to case leak, they have sat on this lease since then… There has been activity in the area roughly a 5 mile radius of my place… I contacted one of the lessee about possibility of this being available and they are very interested… Today I noticed 2 new pad prep sites on way in that have just been completed or getting close to… These were not there 2weeks ago when I went in so there is some action in area… The closest new well that I can find on occ web site shows 120’ish bopd and ?gas production along with it I think in the 20 to 30mcf range… The well that was plugged today was still producing gas but had no real maintenance in last 3 to 4 years that I knew of… The original lease was signed I believe in 44 and drilled in 49…
That's great. What was the legal of the well that did 120 bopd? There was high hopes when nat gas was high and they drilled a lot of wells but none were economical so they moved out early in the gas play.
Joe I believe the Novak well located in section 19 was one I was talking about but can seem to figure out how I looked those numbers up on ccc web site, also the new stuff I am seeing going on looks like is around the gift wells located in edge of beaver county…