tag:blogger.com,1999:blog-3555233033952952657.post2176380383787466271..comments2023-11-02T09:34:58.512-05:00Comments on Bakken Shale: In The NewsTeeguehttp://www.blogger.com/profile/11331850464011934960noreply@blogger.comBlogger34125tag:blogger.com,1999:blog-3555233033952952657.post-9409025437635865162010-08-05T18:16:07.034-05:002010-08-05T18:16:07.034-05:00Thanks for this blog.A reader left the following c...Thanks for this blog.A reader left the following comment concerning the NDIC hearing held today to determine temporary spacing for the Murex well in sec. 36, 154N-91W, Mountrail Co. The well is about 3-4 miles northwest of activity in the "south" Parshall Field area and about the same distance southwest of activity in the "Austin" area.<br />-----------------------------------sarahsmithhttps://www.blogger.com/profile/07128049748376591897noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-29285893379166651992008-07-19T13:55:00.000-05:002008-07-19T13:55:00.000-05:00My parents have mineral rights in Dunn County.Does...My parents have mineral rights in Dunn County.Does anyone know what happens when a section is added to an oil field? This area is potentially being added to the Murphy Creek field. A lease has been signed and I am assuming that there was some sort of pooling agreement (?) in the lease. Would a well have to be drilled before being added to the pooling/royalty payments?Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-22280879571976376642008-04-27T13:00:00.000-05:002008-04-27T13:00:00.000-05:00Thanks to all of you for taking the time to provid...Thanks to all of you for taking the time to provide all of this very helpful information! I see the 20 year re-claim thing is in ND, hoping it's not in MT also, which is where I have my mineral rights. At least now I have places to start looking thanks to Teegue & ya'll. I have worked in the oilfield (office) myself for 10years but was never looking at any of it from the perspective of the Debbiehttps://www.blogger.com/profile/11938421565827320710noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-85646920237960472522008-02-19T23:36:00.000-06:002008-02-19T23:36:00.000-06:00Technically, that well is incorporated in the Litt...Technically, that well is incorporated in the Little Knife Field boundaries, but I think I know what you mean. I wouldn't put much emphasis on what's going on while it's still testing. Most of these wells don't flow that long before they need a pump. A lot of things can vary from well to well, including the geology, mechanical issues and how much of the lateral stayed in zone, etc. There Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-89128128287771124422008-02-19T09:03:00.000-06:002008-02-19T09:03:00.000-06:00Last time I drove by they still were working on th...Last time I drove by they still were working on the Thomas well. If they are having trouble getting it to flow do you think we are finding the western edge of the Murphy field ? Thanks for any comments in advance.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-30530776433199292592008-02-18T23:08:00.000-06:002008-02-18T23:08:00.000-06:00Anon 10:14, keep in mind this is my characterizati...Anon 10:14, keep in mind this is my characterization of that area and what's important is what the company you're leased to thinks, and not what I think. All I'm saying is very few wells have been drilled in that entire area, and they didn't turn out very well, and there has been virtually no drilling in there for the past year. A bigger version of the map you referenced is in my 12/08/07 post Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-70008199977631816712008-02-18T21:40:00.000-06:002008-02-18T21:40:00.000-06:00this is some very helpful information.this is some very helpful information.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-78482963306116799162008-02-18T19:08:00.000-06:002008-02-18T19:08:00.000-06:00Thanks for the info. I called them, and found out...Thanks for the info. I called them, and found out that there are 1322 acres in the two sections, not 1280 as I thought. Apparently the lots are larger. Contacted a land man in Dickinson, ND who confirmed the total acreage in those two sections as 1322. This made the decimal interest exactly as written on the division order, out to the 8th place. Impressed with the accuracy considering the Unknownhttps://www.blogger.com/profile/13984177768466255636noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-14835314490918541292008-02-18T10:14:00.000-06:002008-02-18T10:14:00.000-06:00Thanks for the great site! This is very informati...Thanks for the great site! This is very informative. I see you image on the front page...but it is hard to "zoom in". I've seen chat about the "daed zone" to the west of the n/s high density of wells. Would something in sec T156N R91W Sec 27 be considered in the "dead zone"?. This location just had some 3d seismographing occur or is planned soon. Thanks for any info. Keep up the great work.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-67276892087292181822008-02-17T21:11:00.000-06:002008-02-17T21:11:00.000-06:00Tracker is the operator, not Petro-Hunt.Tracker is the operator, not Petro-Hunt.Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-21898823668209732822008-02-17T20:59:00.000-06:002008-02-17T20:59:00.000-06:00Dean, you should call them, and ask to speak to th...Dean, you should call them, and ask to speak to the division order persons, (Landowner Relations Dept) they will listen and take care of all the discrepancies<BR/>for you...Petro-Hunt is good to get along with most of the time...Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-64306525864666477012008-02-17T18:21:00.000-06:002008-02-17T18:21:00.000-06:00Dean, I would just send a short letter by certifie...Dean, I would just send a short letter by certified/registered mail to the company indicating the discrepancies and what you believe is the correct info (how many mineral acres you own, etc.). It wouldn't also hurt to request a copy of their title opinion on your tract. If they are a reputable company, they will provide info that justifies what is on the DO. If you still believe their info is in Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-32175722758228533042008-02-17T10:28:00.000-06:002008-02-17T10:28:00.000-06:00Hi all...I am one of the landowners of the Thomas ...Hi all...I am one of the landowners of the Thomas 4-1H well on section 4 T144N R97W, and also one of the mineral owners. We just received the division order on Saturday, but the decimal interest is incorrect by .0021. Also, the division order has an "N" by Gas, although it is producing gas and selling gas for Petro-Hunt, and also, my name is spelled incorrectly. How do I get these items Unknownhttps://www.blogger.com/profile/13984177768466255636noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-56033781153212126932008-02-17T08:51:00.000-06:002008-02-17T08:51:00.000-06:00According to this news report, Mountrail County's ...According to this news report, Mountrail County's December 2007 oil production almost reached 418,000 barrels.<BR/><BR/>If the drillers continue having success, Mountrail County's December 2008 oil production should be in the range of 1,250,000 barrels.<BR/><BR/>http://www.jamestownsun.com/articles/index.cfm?id=61339§ion=news&freebie_check&CFID=5946805&CFTOKEN=37676383&jsessionid=Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-64823358655001317172008-02-16T16:26:00.000-06:002008-02-16T16:26:00.000-06:00More newshttp://minotdailynews.com/news/articles.a...More news<BR/>http://minotdailynews.com/news/articles.asp?articleID=18763<BR/><BR/>My quick calculations tell me that an average well in the parshall field is worth about $135 per month per mineral acre net of the 11.5 % severance tax. If these numbers apply to the well drilled in the section containing the town with a 1/2 acre lot would get about $65 per month and a 1/4 acre lot closer to $35 a Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-14451133597210467702008-02-16T06:57:00.000-06:002008-02-16T06:57:00.000-06:00Thanks TeegueYou have explained why some of the st...Thanks Teegue<BR/><BR/>You have explained why some of the steps in the process end up taking longer than a mineral owner might expect.<BR/>This whole series of comments are quite interesting, and should prove very useful to anyone with a mineral interest in a spacing that has just had a well permitted and iis interested is extimating how long it might take to actually see a royalty check in the Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-78997789273347555752008-02-16T00:09:00.000-06:002008-02-16T00:09:00.000-06:00A few clarifications. The title opinion for the d...A few clarifications. The title opinion for the division order (usually called a drilling title opinion) is much more thorough (and done by an attorney) than the title search done by a landman for leasing. Companies are extremely careful not to shortchange someone in royalty payments as that is not looked upon kindly by a number of entities. Royalties for unknown MOs are held by the company in Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-32187833193932904462008-02-15T11:50:00.000-06:002008-02-15T11:50:00.000-06:00Here is the statute regarding payment of royalties...Here is the statute regarding payment of royalties.<BR/><BR/><BR/>47-16-39.1. Obligation to pay royalties - Breach. The obligation arising under an oil<BR/>and gas lease to pay oil or gas royalties to the mineral owner or the mineral owner's assignee, or<BR/>to deliver oil or gas to a purchaser to the credit of the mineral owner or the mineral owner's<BR/>assignee, or to pay the market value Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-87158618685252492232008-02-15T11:44:00.000-06:002008-02-15T11:44:00.000-06:00If a mineral rights owner cannot be found, then th...If a mineral rights owner cannot be found, then the ND statutes allow the surface rights owner to take possession of those mineral rights after proper public notice has been given.<BR/><BR/>In recent weeks the Mountrail County Promoter has been publishing many of those notices.<BR/><BR/>Until the surface rights owner legally succeeds the abandoned mineral rights owner, I would think any royalty Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-66765363403389132942008-02-15T11:10:00.000-06:002008-02-15T11:10:00.000-06:00I used to think that was the case, but as I unders...I used to think that was the case, but as I understand it, on occasion land can be drilled even though all mineral interest owners have not been located. If I am wrong on that, please let me know. I'm not certain exactly what happens to royalty payments if a mineral interest owner on a piece of property simply cannot be located. Perhaps these payments go into a pot held by the state for a period Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-52900886774058641622008-02-15T09:19:00.000-06:002008-02-15T09:19:00.000-06:00David,You wrote:"A major source of delay is simply...David,<BR/>You wrote:<BR/>"A major source of delay is simply in finding mineral interest owners due royalty checks on a spacing."<BR/><BR/>Is is not the case that before a driller even considers drilling a well, they (and their partners in the well) have already leased all of the mineral rights in the land planned for drilling. Thus, the drillers know before they start drilling the names and % Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-88645345931398391552008-02-15T08:23:00.000-06:002008-02-15T08:23:00.000-06:00The Schedule:Warning--the estimated times at each ...The Schedule:<BR/>Warning--the estimated times at each point generally are minimums and these can lengthen at any point along the way.<BR/><BR/>1. Surface owner contacted to get permission to survey for a well on the property. If the surface owner objects, legal action can be taken to ensure that owners of the mineral interest can get access to the minerals. The surface owner is compensated for Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-42969799322608212352008-02-15T07:49:00.000-06:002008-02-15T07:49:00.000-06:00From today's Bismarck Tribune it seems the State i...From today's Bismarck Tribune it seems the State is flush with cash that it can send back to the oil producing counties to pay for the infrastructure repairs and upgrades. <BR/><BR/>http://www.bismarcktribune.com/articles/2008/02/15/news/topnews/148934.txt<BR/><BR/>"North Dakota's state government has pulled in nearly twice the oil tax revenue it expected between last summer and the end of Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-34682118224487823352008-02-15T00:20:00.000-06:002008-02-15T00:20:00.000-06:00royalty payments: in short, it means that before r...royalty payments: in short, it means that before royalties can be paid, the size of the unit must be established so that royalties can be paid in shares proportionate to the owners share in the unit. After a well is deemed to be productive, a title opinion is done on all the tracts in the unit to determine all the owners and how much they own and their royalty rate. <BR/><BR/>This is then Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.comtag:blogger.com,1999:blog-3555233033952952657.post-16951216676571642992008-02-14T23:31:00.000-06:002008-02-14T23:31:00.000-06:00Mikey, in very general terms, Marathon likely has ...Mikey, in very general terms, Marathon likely has most of the acreage for the first several miles north of that area, and a strong minority interest from Continental/Burlington, with the latter two companies having almost all the interest as you go further north closer to the mountains. And yeah, Petro-Hunt would have most of the acreage to the west held by production (Chevron sold out to P-H).<Teeguehttps://www.blogger.com/profile/11331850464011934960noreply@blogger.com