Oklahoma Message Board

Information as to highest bonus paid for leases (for 3/16 RI, three-year term) in Coal County would be much appreciated.  Drilling/Spacing Applications and Orders involving this property were issued some time ago, but we have no information as to pooling, leases or other activity.

Linn Willers, CMM wrote:

Can you be more specific and provide section, township & range?

Sorry...That information was inadvertently left out of my post.  The inquiry concerns Section 10-2N-9E in Coal County.

Thanks!  This is very helpful!  We assume there is no pooling order yet on Sec. 10-2N-9E.  Will also welcome any other information from out there concerning this area.

Linn Willers, CMM wrote:

Five Section 10, Tpw 2N, Rge 9E lease have been placed of record since the begining of the year.  Universal Land Services is leasing for Newfield and all are 3 years and 3/16.  Per Cause 2008029-T Section 10 is spaced 640 for Woodford and Hunton and I find 3 local pooling orders.  A July 2008 Section 9 pooling order shows bonus rates at $2,000 & 1/8, $1,200 & 3/16, and zero and 1/4.  Two September 2009 Section 16 pooling orders show $500 & 1/8, $450 & 3/16, and Zero & 1/4.

Linn Willers, CMM wrote:Five Section 10, Tpw 2N, Rge 9E lease have been placed of record since the begining of the year.  Universal Land Services is leasing for Newfield and all are 3 years and 3/16.  Per Cause 2008029-T Section 10 is spaced 640 for Woodford and Hunton and I find 3 local pooling orders.  A July 2008 Section 9 pooling order shows bonus rates at $2,000 & 1/8, $1,200 & 3/16, and zero and 1/4.  Two September 2009 Section 16 pooling orders show $500 & 1/8, $450 & 3/16, and Zero & 1/4.