Recent production info for Rachel Well is below (click link). First row for each year is oil in BO, second is gas (in MMCF, not MCF) Royalty income has averaged $150/month over the past five months. Recent check stubs we have indicate $175 received for September production and $172 received for August production. Payment decimal indicates 40 acres at 3/16 royalty. Rachel 2411 1-5H well had been averaging over 4000 MCF per month and a truckload or so of oil the past few years but may be shut in temporarily at this time as owner has not received a check recently.
Property Number
Legal Description
5-24N-11W
County
Alfalfa
State
Oklahoma
Net Acreage
40
Price
$550/acre
Interest Owned
Mineral
Leased
3/16
Producing
Yes
For more info, or to purchase or make an offer on a listed property please contact us