Sell Your Oklahoma Mineral Rights

Assorted Links (and a chance to win an Amazon gift card)

Assorted Links (and a chance to win an Amazon gift card)

The Perfect Oilfield (unfortunately, not the STACK/SCOOP/MERGE..): 

Once one starts tacking on zeros to the production numbers, Berlin's former tong working brain starts to spin a bit (like chains...). It sounds very impressive and I'm sure the Bedouins of that desert preferred the sovereign didn't own the mineral rights....

Splitting the Baby and the Pooling Bonus

The Oklahoma Corporation Commission has been regulating on the fly as to rule changes on multi-unit horizontal wells. One of the recent changes is that applicants now must offer a formation election if the applicant desires to force pool more than one common source of supply. Berlin thinks that this effects the unleased Oklahoma mineral owner more than the commissioners had originally intended... 

Free Rider Problem: Fee Increases at the Oklahoma Corporation Commission

The Oklahoma Corporation Commission (the "OCC") plays a large, but often misunderstood role in the Oklahoma oil and gas industry ecosystem. The OCC is the regulator of almost all (less Osage County) oil and gas production in the state. Jack "Show me the" Money (a name destined for fame on the business desk) at NewsOK wrote a column regarding the proposed fee changes at the OCC...

How Can One Prove That They Exist?

Berlin received a call today from Sage, a good friend who also happens to be a company landman, Sage reported that an Oklahoma mineral owner just called to chew on his leg as the mineral owner had never heard of Sage's company (despite the fact they've drilled about 70 wells in the past 2 years). He wanted Sage to prove that his company was legitimate and their lease offer was valid...

Is $10 Actually the Bonus Per Acre?

Oklahoma Mineral Rights Owners,

Berlin received another call from Bruce today. He was angry and slightly confused. Bruce was sure that some fly-by-night lease flipper was fixin' to cheat him out of his lease bonus. The Duncan, Oklahoma based outfit had offered him $1,100 per net mineral acre for a 3 + 2, oil and gas lease at a 3/16 royalty for some of his granddaddy's minerals in Beckham County, Oklahoma, which Bruce accepted...