Acreage figures below were provided by OWNER. Until we get a recent check STUB (which we are working on) we cannot determine for sure whether he owns the claimed 80 acres in 13-20N-6W, but he stated he’d been to the courthouse and checked it out himself and is fairly confident. He did send us a copy of a check (not check stub) from Formentera Operating for $404.72 and dated October 28,2024.

In fact, assuming 80 acres in this (we believe 800 acre) unit and assuming (the most common) 3/16 royalty then an owner decimal of .01875 could generate monthly checks of $200-$300 per month based on current oil/gas production from just the well in 13. 

S2 SW 10-20N-5W 40 NMA HBP X 1 (Ham well) Production info here: OTC Production Report- Desc. Search_ 10-20n-5w

12-20N-6W 75 NMA (was HBP eight or so years ago but nothing of significance recently)

30-20N-5W 33 NMA Open of record

13-20N-6W 80 NMA HBP X 1 (Weber) well operated by Formentera Operating. Unit includes all of 13 and the NE/4 of 24 (800 acres total). Production info can be found in this link: OTC Production Report- Desc. Search_ 13-20n-6w

Property Number

Garfield County, OK

Legal Description

Various sections (see listing)

County

Garfield

State

Oklahoma

Net Acreage

228

Price

Make offer

Interest Owned

Mineral

Leased

Yes

Producing

Yes (some)

For more info, or to purchase or make an offer on a listed property please contact us