Many years ago (in the 90s) I inherited a small portion of mineral interest in Section 15, Township 9 North, Range 22 West in Beckham Co. I had the title cleared in 1995 and for several years I had it registered on the OK Mineral Rights Registry (but I haven’t moved and none of my contact info changed so I figured I didn’t need to keep that up).
Q1: For a while it was leased but not drilled and I haven’t had a lease offer in many many years and of course no royalties–I’m always curious how I would even know if there was something due to me (I live on the West Coast)?
Q2: I’m trying to simplify my life and am seriously considering selling (I also have a small portion mineral interest in Lawrence Co, Ill I would want to sell too). But I honestly have no idea where to start–any advice? Feedback?
Welcome to the forum. As a minerals holder in that general area, I can tell you that there hasn’t been any activity in a long, long time. I also inherited these mineral rights and I fully intend to pass them on down to the next generation. I have never received any purchase offer that would have been worthy of simplifying my life. At least wait until you actually have an offer to purchase and consider offering them to a family member in case they are interested.
We had a great run back in those days and it isn’t costing anything to see if it ever comes back. I would suspect that if your acres came up for some lease activity, the information used to contact you would come from your deed information recorded at the courthouse. Just my two cents.
The official registry for title and lease information is the county courthouse. That is where landmen and operators look for people. The registry is a for profit group.
Q1-You can look for missing royalties using www.missingmoney.com. That is the umbrella for looking in the different states. Check for Oklahoma and the state in which you live plus Deleware. The two wells in your section are P&A (plugged and abandoned) and TA (temporarily abandoned).
Q2-If there is no drilling, there is not likely to be much of a market for buying-yet. There has been a bit of leasing by MAKO just to the north of you, so something might develop over time if the reservoir they are interested in is in your section.