# Section 15-4N-5W
**URL:** https://www.mineralrightsforum.com/t/section-15-4n-5w/42833
**Category:** Grady County, OK
**Created:** [March 9, 2019, 4:02pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833 "2019-03-09T16:02:00Z")
**Posts on this page:** 14
**Page:** 2
### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 9, 2019, 7:17pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/22 "2019-07-09T19:17:05Z")
Probably no leasing at all in 15-4N-5W because a horizontal well has held the 640 ac section since 2016. The last lease listed was in 2015.
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 12, 2019, 3:48pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/23 "2019-07-12T15:48:34Z")
M Barnes, if ACE Energy was to offer to lease, what is a fair value per acre in your expertise?
Thanks for all your help.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 12, 2019, 7:06pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/24 "2019-07-12T19:06:20Z")
I am not sure you will get a lease offer unless it is for a different horizon or is a top lease for that section since it is held by production from a current well.
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 12, 2019, 8:01pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/25 "2019-07-12T20:01:25Z")
What is a top lease?
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### Author:  [@Hal\_garnett](https://www.mineralrightsforum.com/u/Hal_garnett)
#### Post date: [July 12, 2019, 8:21pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/26 "2019-07-12T20:21:42Z")
Please say more about top leasing. We entered into a top lease approximately 2 years ago in Section 21, 5 North 7 West, Grady County, before the Unit well came online. The unit well is very shallow and we have a 100’ depth clause.
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### Author:  [@Janet\_Cowley](https://www.mineralrightsforum.com/u/Janet_Cowley)
#### Post date: [July 12, 2019, 9:14pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/27 "2019-07-12T21:14:03Z")
It is a mineral lease taken out before the current lease expires. There is a very good explanation at: [https://www.mineralweb.com/owners-guide/leased-but-not-producing/top-leasing/](https://www.mineralweb.com/owners-guide/leased-but-not-producing/top-leasing/)
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 12, 2019, 9:25pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/28 "2019-07-12T21:25:35Z")
Got it! Thanks, Janet.
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 12, 2019, 9:26pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/29 "2019-07-12T21:26:48Z")
Is Continental the one who has that section currently?
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [July 13, 2019, 4:51pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/30 "2019-07-13T16:51:43Z")
Tim: I believe after a relatively quick review, that your interest was force pooled by Continental Resources. If you do own an interest in Section 15-4N-5W, you should be receiving royalty on the Sinclair well that is a part of this Section and Section 22.
The pooling covers the pertinent formations that are being developed in the area and I don’t see where you have any “OPEN” interest that someone would be leasing at this time.
Again, this was a quick review.
Good luck.
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 13, 2019, 5:16pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/31 "2019-07-13T17:16:46Z")
If we’re not receiving any royalty checks from Continental, do you have contact info I could get hold of to check? Thanks for all the insight.
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### Author:  [@TODD\_M\_Baker](https://www.mineralrightsforum.com/u/TODD_M_Baker)
#### Post date: [July 13, 2019, 6:51pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/32 "2019-07-13T18:51:39Z")
Go to their website: [Owners - Continental Resources](http://www.clr.com/owners).
There you should be able to get the ball rolling. Their owner relations hotline is 405-774-5257. You were listed on Pooling Order #642598, dated 7/1/2015 as respondent #436.
Good luck.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [July 17, 2019, 2:12pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/33 "2019-07-17T14:12:04Z")
Here is an article that discusses the issues related to top leasing.
[An Overview of Recurring and Related Issues Involving Top Leasing.pdf](https://www.mineralrightsforum.com/uploads/short-url/hJ7pxfXOBhRfel9q9MJeIOjCdZC.pdf) (210.2 KB)
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### Author:  [@TimH](https://www.mineralrightsforum.com/u/TimH)
#### Post date: [July 17, 2019, 10:22pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/34 "2019-07-17T22:22:43Z")
Thanks! Appreciate all you guys’ help!
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [July 17, 2019, 10:57pm UTC](https://www.mineralrightsforum.com/t/section-15-4n-5w/42833/35 "2019-07-17T22:57:38Z")
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