Click on the above Royalty Income link to view yearly income 2004-2020 per owner, and there are two owners/siblings selling, so double these figures to include both.
Nemaha 2, 3 and Endicott A wells operated by Territory Resources all producing small amounts of oil and/or gas currently, and are indicated on past check stubs and/or division orders provided to us by owner. Decimal interest for each owner in these wells is .00072340, or .00144680 for both.
Drilling and spacing units appear to be either 40 or 80 acres in size, and royalty is assumed to be 1/8 due to age of lease.
There are other similar wells in the north half of the section. Owner was listed on a COP (ConocoPhillips) division order for one of them, the Mallard 1-35, with the above decimal, but that well is currently inactive.
Property Number
Kay County, OK
Legal Description
35-25N-1W
County
Kay
State
Oklahoma
Net Acreage
~1.0 (approx. one NMA)
Price
Make offer (SOLD)
Interest Owned
Mineral
Leased
Yes
Producing
Yes