Energy Industry (Oil & Gas)/Carter County, OK Activity


Hello. I recently leased my mineral rights for three sections in Carter County, Oklahoma. They are; Section 22 Township 3S, Range 1W....Section 15 Township 3S Range 1W...Section 25 Township 3S Range 1W. That amounts to a little over 3.58 acres total. Now I have received an offer to sell for 3100.00 an acre. Are there any plans to drill in this area? Is it a good idea to sell your leased mineral rights? Thank you for your time. Walter

Most of the current drilling activity is to the west and north of you by a few miles, and also out east of you by a dozen miles or so, near Gene Autry and Springer. $3100/acre doesn't sound like a bad offer at all, especially for leased minerals. Selling leased minerals is not a "bad" idea per say, just changes the value some, depending on the buyer. Some buyers prefer unleased minerals because they hope to get them leased themselves, while others prefer leased minerals because there is more likelihood of a well being drilled on already leased minerals.

Hope this helps you out.
Frederick M. "Mick" Scott CMM, RPL

Energy Industry (Oil & Gas)

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Frederick M. Scott


Oil and gas leasing, lease negotiations, how to best deal with the oil and gas companies or their representatives, buying/selling mineral rights, forced-pooling, correlative rights, deeds and conveyances, and "post-production" costs. I am most experienced with Oklahoma properties and laws, but am able to answer questions concerning other oil and gas producing states in many cases.


I am a Certified Professional Mineral Manager (CMM) certified by the National Association of Royalty Owners (NARO) in Tulsa, OK. I am also a Registered Professional Landman (RPL) with the American Association of Professional Landmen (AAPL). I have managed my family's oil and gas properties in Oklahoma for over 10 years and have dealt with many landmen, title analysts, attorneys and other oil and gas professionals in the process. I have written articles of interest to mineral rights owners which have appeared in various industry magazines and newsletters. I have negotiated and drafted leases, prepared deeds, affidavits, and other legal instruments relating to my own minerals, as well as performed title, legal research, and curative work for same. I have acquired a good deal of knowledge on the subjects of oil and gas law, mineral appraisal, and land and title work over the past ten years, and have also worked as a professional landman. I've seen the business from "both sides" and therefore feel confident I can help out most of the folks who ask questions in this forum.

National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, The Mineral Hub, Landman Magazine, and several royalty owner association group's newsletters.

Certified Mineral Manager (CMM), Registered Professional Landman (RPL)

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