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Property Number

12384

County/Parish

Seminole

State

Oklahoma

Net Acreage

10.1694

Price

See listing

Interest Owned

Mineral

Leased

1/8

Producing

Yes

 

Comments

Shepard 1-6H well (spaced at 640) operated by New Dominion is a high BTU gas well receiving $5 to $6 per MCF on royalty check stubs. Produced over 71,000 MCF in 2017 (6000 mcf/month average). Owner royalty decimal of .00201527 averaged $50/month for production months August, 2017 – January, 2018. Owner will sell the mineral interest of 10.32 nma for $1250/acre or “wellbore only” for $3450.

Potential for new wells in this section is pretty good as there are already a few current permits in the township, and the township is in the heart of leasing activity over the past six months (see map links below). Map and data provided by and used with permission from DrillingInfo. Hit “back” button on browser to return to this page after viewing maps.

Drilling Permits and Leasing Activity Map

This “wide view” provides a better picture of the permit and leasing/drilling activity in the general area: Drilling and Leasing Wide View

Same owner also owns the ORRI in Pittsburg County we have listed. Owner has source conveyances and other title history, checks stubs, DOs etc. available on both properties and will provide to Buyer upon request.

 

 

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