# Royalty Options

**URL:** https://www.mineralrightsforum.com/t/royalty-options/6119
**Category:** Kingfisher County, OK
**Created:** [October 14, 2015, 2:27pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119 "2015-10-14T14:27:25Z")
**Posts on this page:** 9
**Page:** 1

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### Author: ![Sheila\_Redwine](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/8baadc/32.png) [@Sheila\_Redwine](https://www.mineralrightsforum.com/u/Sheila_Redwine)
#### Post date: [October 14, 2015, 2:27pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/1 "2015-10-14T14:27:25Z")

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We are in the process of leasing some minerals. Most of the companies are offering 3/16 royalty, while one has offered 1/5. I’m wondering, has anyone received 1/4 or is it not an option?

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### Author: ![John\_Richardson1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/john_richardson1/32/10183_2.png) [@John\_Richardson1](https://www.mineralrightsforum.com/u/John_Richardson1)
#### Post date: [October 14, 2015, 2:37pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/2 "2015-10-14T14:37:10Z")

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I have one with $400 per acre @ 1/5 or $500 per acre @ 3/16. I have seen some acre prices range from $2,000 - $5,000 per acre from a recent article.

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### Author: ![Sheila\_Redwine](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/8baadc/32.png) [@Sheila\_Redwine](https://www.mineralrightsforum.com/u/Sheila_Redwine)
#### Post date: [October 14, 2015, 2:38pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/3 "2015-10-14T14:38:39Z")

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Have you seen any with a 1/4 royalty?

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### Author: ![JW\_Anderson](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/j/b5e925/32.png) [@JW\_Anderson](https://www.mineralrightsforum.com/u/JW_Anderson)
#### Post date: [October 14, 2015, 2:40pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/4 "2015-10-14T14:40:17Z")

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It is occasionally available in the better locations, but the majority of the Stack pooling orders have not had 1/4 as an option.

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### Author: ![Sheila\_Redwine](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/s/8baadc/32.png) [@Sheila\_Redwine](https://www.mineralrightsforum.com/u/Sheila_Redwine)
#### Post date: [October 14, 2015, 2:42pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/5 "2015-10-14T14:42:01Z")

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John, what area of Kingfisher County has the bonuses been $5,000?

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### Author: ![John\_Richardson1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/john_richardson1/32/10183_2.png) [@John\_Richardson1](https://www.mineralrightsforum.com/u/John_Richardson1)
#### Post date: [October 14, 2015, 3:08pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/6 "2015-10-14T15:08:19Z")

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Newfield Strikes it Big Again in Kingfisher County

October 13, 2015

Put two more big wells on the list of those drilled by Newfield Exploration in Kingfisher County. The biggest well produced 2,547 barrels a day when it was completed August 10. The well, located a few miles west of Okarche, had a spud date of June 22 and drilling was finished July 10. The second well produced 2,098 barrels of oil on completion, according to the completion report filed and published this week at OK Energy Today.

The Gill well is located about two miles southwest of the town of Loyal and also had gas production of 1,201 Mcf and 1,750 barrels of water a day.

The well had a spud date of May 21 and drilling was finished June 11. Completion was dated July 27.

Newfield Exploration, based in Houston, Texas, has drilled numerous wells in the 2,000 barrels or more range in Kingfisher County, its favorite county in which to drill. The company is actively pursuing more drilling sites in the county as well as west toward Woodward. Unconfirmed reports indicate the company has paid $2,000 an acre to lease farmland in the area. One recent report claimed the owner of one quarter section of land received $5,000 an acre for a tidy check totaling $800,000. The owner of land nearby swears it’s true.

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### Author: ![John\_Richardson1](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/john_richardson1/32/10183_2.png) [@John\_Richardson1](https://www.mineralrightsforum.com/u/John_Richardson1)
#### Post date: [October 14, 2015, 3:09pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/7 "2015-10-14T15:09:19Z")

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This came from OK energy newsletter.

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### Author: ![Tim\_West](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/t/c4cdca/32.png) [@Tim\_West](https://www.mineralrightsforum.com/u/Tim_West)
#### Post date: [October 20, 2015, 2:19pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/8 "2015-10-20T14:19:06Z")

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The $5,000 and $6,000 royalties were in or adjacent to 16-17N-9W and other hot areas probably. I have minerals in this section, so I know what was paid near me. These were paid before or just after the fall in oil prices. However, with the Gill well which is just across the road from us hitting at 2100 barrels of oil and two others a mile away that reportedly are big wells also, that figure could be reached again. Most likely all the leases that Newfield has now will be drilled to hold production. Good for getting a well, not good for renewing a lease. I’ll take the production any day… By the way, I hope you all will subscribe to OK Energy Today. My company, Radio Oklahoma Networks, produces it for the parent company, Griffin Communications.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:29pm UTC](https://www.mineralrightsforum.com/t/royalty-options/6119/9 "2018-08-14T23:29:18Z")

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