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I'm looking for information about leasing in Hughes County.
The tract description is:
HUGHES COUNTY, OK
The Northwest Quarter (NW/4) aka Lot 1 (40.52 ac), Lot 2 (40.56 ac), and the East Half of the Northwest Quarter (E/2 NW/4) of Section 30-T09N-R11E
CONTAINING 161.0800 ACRES, MORE OR LESS.
What operators are working in this area?
What terms are they offering?
What terms did you lease for?
Any information would be appreciated.
There are two Sec 30 leases since 01/01/2012. The first was leased to Airborne Investments on 8/25/14 (NE/4) for 3 years and 3/16. The Second, 1/25/15, was leased to Continental Land for 4 years and 20% (a 7,500 acre lease).
The closet pooling is in Sec 18 & 19, due North of your ownership, for $125 & 1/8 or $100 & 3/16. Calyx Energy filed the action. Cause CD No. 201300979T, Order No. 652170.
Steve, we've just received a lease offer in 34-9N-11E for $500/ac and 1/5th. Calyx and Bravo Arkoma both have multiunit horizontal wells in or going in close by, so we are sitting on this for just a bit....it's from a land company
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