Alva, Waynoka, Freedom: Mississippi Lime country in northwestern Oklahoma, with 1,653 producing wells and acreage that has been through a full boom and bust cycle.
Woods County is Mississippi Lime country, and it has been through the full cycle. The horizontal play ran hard here from roughly 2011 to 2015, then slowed sharply when the economics disappointed relative to expectations, largely because of high water production. Today roughly 1,653 wells produce out of about 5,304 drilled, with no rigs and no permits in the recent window.
We lead with that because Woods County acreage still gets marketed on boom era comparables, and it should not be. An honest valuation prices the wells that actually exist and applies a realistic probability to future drilling rather than a promotional one. We show you both numbers and the assumption behind each.
That said, this is not a dead county. Existing Mississippian production has a stable, predictable decline, which is a legitimate income asset. And non-producing acreage carries genuine option value on a play that could return if economics change. Those are two very different things and blending them into one multiple is how owners get misled in either direction.
Mach Natural Resources, Diversified Energy, Revolution Resources, and SandRidge are among the largest producing operators.
If you are unleased and a well is proposed, expect a Corporation Commission pooling order with a 20 day election window. Our forced pooling guide and pooling election calculator cover the choices.
Send a check stub or a legal description and we will run the records free.
The horizontal play that ran hard here from roughly 2011 to 2015 and then slowed sharply.
Additional Mississippian intervals.
Roughly 5,304 wells drilled with about 1,653 still producing.
Wherever your tract sits in Woods County, we will research it free and value it with the work shown.
Free, no obligation, and no pressure. We reply within one business day, usually faster.
Prefer the phone? Call or text 918-984-1645 and you will get Stephen, the owner, not a call center. If we miss you, we text back the same day.