Trying to find out what the value of mineral rights is in Ellis County, Oklahoma, Anadarko Basin. Property is currently non producing but have received Mineral Royalties in the past. Can anyone give me some insight? Thanks!
W/2 NW/4 Section 21, Township 18N, Range 21, W/I.M. Ellis County Oklahoma
Do you know your location as in section, township and range? do you know how many net acres you own? If so, you can find out the value, but it will require searching and some patience.
If so, you can go on okcountyrecords.com and put in the township and range and search for any minerals deeds filed. Then review the mineral deed. Look for a deed or deeds that show a specific amount of net acres sold and also so the documentary stamps at the top. The doc stamps are based on the sales price of $1.50 for every $1000 paid. If you find a deed that shows that ten net acres were sold and the doc stamps show $4.50, then you know the buyer paid $3000 for the ten acres, or $300 per net acre.
You have an inactive horizontal well by Presidio. On the good side, there is leasing just to the east of you in sec 22.
How can I find out when the horizontal well was drilled? Also who is leasing in 22?
Do you have any info on Mewbourne that they were given permission to drill a multi unit horizontal well thru Sections 16, 21 and 28 Old Glory16/28 AP #1? As of December 2024 there was not a permit yet. Would this affect my area? Thanks!