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Guide to oklahoma mineral rights
- 1. Guide to Oklahoma Mineral Rights • Oklahoma’s history is rich with oil and natural gas. • Production peaked in 1927 and has steadily declined • Technological innovations in the Barnett Shale have made drilling in Oklahoma economical again
- 2. Woodford Shale Thickness 120-220 ft Depth 6,000-12,000 ft Geologic Age Mississippian Reservoir Pressure 3,000-5,000 psi Basin Arkoma, Anadarko Well Drilling costs $3 million Core Counties Bryan, Coal, Garvin, Hughes, Marshall, Mayes, McIntosh, Pittsburg, Wagoner
- 3. Mississippian Well Drill Cost $2.5 Million Estimated Total 409 Mboe Recovery Vertical Depth 5,000-6,000 ft Core Counties Woods, Alfa, Grant, Osage
- 4. Granite Wash Thickness 1,500-3,500 ft Depth 11,000 – 17,000 ft Estimated Ultimate 1.1 Mmboe per well Recovery Basin Anadarko Well Drill Cost $8 Million Core Counties Oklahoma: Beckham, Greer Texas: Gray, Wheeler, Roberts, Hemphill
- 5. Sell Oklahoma Mineral Rights If you are a mineral rights owner in Oklahoma and depend on your royalty income each month, you should consider diversifying your investments to secure a safe financial future. Oil and natural gas mineral rights can be very valuable, but are also very risky investments. As a mineral owner, it is really important to understand what you have, its value and its role as an investment in your portfolio. Minerals are simply an investment, and if you can remove emotional attachment, you will be able to take control of your minerals rather than putting yourself at the mercy of unknown and uncontrollable factors. Selling mineral rights or royalty interest is a tough decision that you should not have to think about alone. Caddo Minerals wants to educate you on the value of your mineral interest and help you make the best decision for your current situation. When you want to talk about selling your mineral rights or royalty ownership, give Caddo a call. We are honest and forthright about our process. Should it be in your best interest to sell your minerals, we will give you the best deal on the market and close quickly.