AllExperts > Oil/Gas 
Search      
Oil/Gas
Volunteer
Answers to thousands of questions
 Home · More Oil/Gas Questions · Answer Library  · Encyclopedia ·
More Oil/Gas Answers
Question Library

Ask a question about Oil/Gas
Volunteer
Experts of the Month
Expert Login

Awards

About Us
Tell friends
Link to Us
Disclaimer

 
 
 
 
About Frederick M. Scott CMM RPL
Expertise
I can answer questions about oil and gas leasing, and give suggestions on negotiating a good oil and gas lease and how to best deal with oil companies or their representatives. I can answer questions about buying and selling oil and gas royalty or mineral rights. I can help with questions concerning 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.

Experience
I am a Certified Professional Mineral Manager (CMM) (certified by the National Association of Royalty Owners in Tulsa, OK) and have managed my own oil and gas properties in Oklahoma for over 10 years. I have dealt with many landmen, attorneys, and other oil and gas professionals in the course of doing so. I am also a member of several professional associations and have written articles of interest to royalty owners which have appeared in several industry publications. I have prepared deeds, title work, and done curative for my own minerals; and have acquired a good deal of knowledge on the subject of oil and gas law and landwork in general in the process. I am the owner of Timbercreek Mineral Company, LLC; which was formed as a vehicle to manage family mineral interests, and as a way to facilitate the buying and selling of oil and gas interests for other people.

Organizations
NARO, NADOA, AAPL

Publications
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, Landman Magazine, and several royalty owner association groups newsletters.

Education/Credentials
NARO, NADOA, AAPL

 
   

You are here:  Experts > Industry > Oil/Gas > Oil/Gas > 20-8N-19W Washita County, OK Production

Oil/Gas - 20-8N-19W Washita County, OK Production


Expert: Frederick M. Scott CMM RPL - 7/4/2009

Question
I have a mineral deed to land located at (NE-1/4) of Section 20, Township 8 North, Range 19, Washita County Oklahoma. Is there any production drilling going on in that area? Do you know if there ever will be?

Answer
Mark, there is no current production in Section 20, or any of the surrounding sections. Most of the currently producing wells in the area are to the north of your minerals by several miles. The further north (and east) you go, the more wells there are. Yours are on the southern edge of that "play" however, and so are certainly not "goat pasture."

Most of the wells to the north are between 13,000 and 15,000 feet deep; producing from the Granite Wash formation.

I can't tell you whether there will ever be any production in your section 20. You could hire a geologist or petroleum engineer and get their opinion.

There are no recent permits to drill issued for any of the sections in 8N-19W near Sentinel, OK. Most are to the north.

If you're looking to make money from these, selling them might be a better option than waiting for a well to be drilled.

If you want to sell them I can get your minerals in front of some good buyers. Not sure what they'd pay, or if they'd even want them, but my guess (and that's all it is) would be they're worth between $750 and $1500 per acre, and that assumes there's no underground fault or something just north of you that would trap the gas on the "north side" of your minerals.

If I can be of further help please contact me directly at scottminerals@aol.com

Thanks,

Frederick M. "Mick" Scott CMM

Add to this Answer   Ask a Question


 
User Agreement | Privacy Policy | Kids' Privacy Policy | Help
Copyright  © 2008 About, Inc. AllExperts, AllExperts.com, and About.com are registered trademarks of About, Inc. All rights reserved.