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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
Woodford ShaleThickness 120-220 ftDepth 6,000-12,000 ftGeologic Age MississippianReservoir Pressure 3,000-5,000 psiBasin Arkoma, AnadarkoWell Drilling costs $3 millionCore Counties Bryan, Coal, Garvin, Hughes, Marshall, Mayes, McIntosh, Pittsburg, Wagoner
MississippianWell Drill Cost $2.5 MillionEstimated Total 409 MboeRecoveryVertical Depth 5,000-6,000 ftCore Counties Woods, Alfa, Grant, Osage
Granite WashThickness 1,500-3,500 ftDepth 11,000 – 17,000 ftEstimated Ultimate 1.1 Mmboe per wellRecoveryBasin AnadarkoWell Drill Cost $8 MillionCore Counties Oklahoma: Beckham, Greer Texas: Gray, Wheeler, Roberts, Hemphill
Sell Oklahoma Mineral RightsIf you are a mineral rights owner in Oklahoma and depend on your royalty incomeeach month, you should consider diversifying your investments to secure a safefinancial future. Oil and natural gas mineral rights can be very valuable, but arealso very risky investments. As a mineral owner, it is really important tounderstand what you have, its value and its role as an investment in yourportfolio. Minerals are simply an investment, and if you can remove emotionalattachment, you will be able to take control of your minerals rather than puttingyourself at the mercy of unknown and uncontrollable factors. Selling mineralrights or royalty interest is a tough decision that you should not have to thinkabout alone. Caddo Minerals wants to educate you on the value of your mineralinterest and help you make the best decision for your current situation.When you want to talk about selling your mineral rights or royalty ownership, giveCaddo a call. We are honest and forthright about our process. Should it be in yourbest interest to sell your minerals, we will give you the best deal on the marketand close quickly.