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Question
In pursuance of Title 19 for my Mother-in-Law, I'm inquiring about her holdings.

My mother-in-law has been leasing NW/4 SE/4 Section 23-9N-3E, Pottawatomie County, OK.

There hasn't been any activity that I can find since 1987, and we are wondering if there is any mineral rights value in the land.

I am a complete novice at Oil and Gas leases.

Thanks,

Jim

Answer
There has been leasing in your section as recently as 2012, but depending on what part of the section your minerals are in they may not have leased your mother-in-law. There is currently no production anywhere in the section.

I'm certain they are worth something, but how much for sure I couldn't tell you. Only way to find that out would be to offer them for sale and see what kind of offers come in.

Hope this helps you out.
Frederick M. "Mick" Scott CMM, RPL
Timbercreek Mineral Company,LLC
http://www.mineralhub.com

Oil/Gas

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Frederick M. Scott

Expertise

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.

Experience

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 several articles which have appeared in various oil and gas 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 landwork over the past ten years, and also worked as a professional landman and lease buyer for a time. 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.

Organizations
National Association of Royalty Owners (NARO); American Association of Professional Landmen (AAPL)

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

Education/Credentials
Certified Mineral Manager (CMM), Registered Professional Landman (RPL)

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