Ward co. Texas lease questions


#1

Have 2.22 acre lease in Ward county, BLK 34 SECT 106. Any production in the area? Lease expired 8-28-18 (jagged peak) have another offer to lease.


#3

Good Morning Chris. Jagged Peak has 2 approved permits for horizontal wells(API 475-37415 and 37416)/well 37415 was spud(begin drilling) on January 28, 2018/well 37416 was spud(begin drilling)on January 31, 2018. From what I have heard Jagged Peak is a good company to do business with.

Link to approved drilling permit for well 37415:

http://webapps2.rrc.state.tx.us/EWA/drillingPermitDetailAction.do?methodToCall=searchByUniversalDocNo&universalDocNo=491621235&rrcActionMan=H4sIAAAAAAAAAL1Ru27DMAz8mnQUJNlKsnAwinRu0qAZjAyKTTgC5AcoGW0BfXxpFwVSp3M23vF0PFJJSQk6KalAPRFVRRVd3x0qqkt5hpn_wIsdhqAFt0WINqKIn2IMq6zYSlZoWOmX3angMpvKmpz3rmtekVoXw35E-vqxFXXPohxajNe-PvbP1nsmDBDGkbpj_4aWqitTW5B3acowdwtqghgs2fbd-hHnkJwh35hskyszIQMXbFwXTi5OZuz2Byu9wLf6xVj1uCOE3-XXMNgG6WbJfy-izuVSN4UFlTQomTL-1hxkMkysmbh__ZB7fgNCkJuMYQIAAA

2 older approved permits(API 475-36771 & 36920) on the West side of Section 106 were apparently abandoned back in 2015 by Elevation Resources

GIS Map of Ward County Section 106/Block 34 and surrounding area:

CLICK ON MAP TO ENLARGE

I find 4 major operators that have production in the surrounding area…they are Jagged Peak Energy, Occidental Permian, Cimarex and Anadarko E & P.

Clint Liles

3toy@suddenlink.net


#6

Do yo have a good email address for them?


#7

chris, jagged peak drilled both big foot wells. they have completed the one on the east half and have only drilled the west half. They have filed pooled units with county


#8

Thank you for the heads up


#9

Thanks Clint. Never knew that before.


#10

Contract with jagged peak was to have expired this past Aug. Very good offers were coming in. Turns out though that it’s being held on a permit. Can’t get through to them. How long will this last?


#11

i dont think your contract/lease is expired as they formed a pooled unit. It is my understanding they have drilled the well and have/are completing the well.


#12

Don’t know if this is a good thing or not. Thank you for your help.


#13

Thank you Joe. Any idea what the pooled unit royalties might be? Still havent heard from anyone.


#14

Take your royalty interest multiplied by your tract acreage divided by the pooled unit acreage and you’ll have a rough idea of your proportional interest. I’ve seen differing allocation schemes depending on the operator, so the exact number may be slightly higher/lower.


#15

Clint,

If you have 124 undivided interest in 640 acre section in Permian, and then operator creates a unit of 340 within the section, would my decimal interest go up for the well on the smaller section?

Thanks to you or anyone who can help.

L


#16

Hello Clint, just received first royalty check from jagged peak. My question is, how often will these be coming in? The well name is bigfoot. I have a 2.22 acre interest. Jagged Peak is the operator. This is in sect. 106 blk 34 ward co. Thank you.


#17

Hey Chris. The checks will be coming in every month unless they have problems with the well…I see where the well has produced for 3 months(June, July and August but 'No Report for September)…and they could have shut the well in because of a nearby well being fracked. The 1st check you receive will most likely be the largest check because it could e for 2 or 3 months production and then the following checks will be for production for 1 month…

If you can give me the Lease ID # from your check stub or from the production document you received I will pull up the Completion Report and Production Data for you. It will be either Lease ID # 50607 or 50661.

Clint Liles

3toy@suddenlink.net


#18

Thanks so much. Just got to work, but will look at the info when I get home. I’ll send it to you then. So glad I hung onto it all these years. Every little bit helps these days.


#19

Hello again Clint, As far as I can tell, the well is #10097 Bigfoot 106105A-34 41H


#20

Link to Completion Report: API 475-37415/////////well # 106105A-34 41H

http://webapps.rrc.texas.gov/CMPL/viewPdfReportFormAction.do?method=cmplW2FormPdf&packetSummaryId=197423

1,282 barrel oil per day/1,680,000 cubic feet gas per day

Link to Production Data:

http://webapps2.rrc.texas.gov/EWA/specificLeaseQueryAction.do?tab=init&viewType=prodAndTotalDisp&methodToCall=fromGisViewer&pdqSearchArgs.paramValue=|2=10|3=2017|4=09|5=2018|103=50661|6=O|102=08|8=specificlease|204=district|9=dispdetails|10=0

Clint Liles

3toy@suddenlink.net