Anadarko in Marion County

Does anyone know what Anadarko is looking for in northwest Marion county around Lake O' the Pines?  They've been in there leasing for over a year and I heard they have over 15,000 under lease and looking to get more.

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Permalink Reply by Andrew on July 18, 2013 at 6:56
We hope...
Permalink Reply by Butterfoot on July 22, 2013 at 9:46

Can you advise what Anadarko is paying for leases in Marion.  Per net acre and royalty. Thanks. 

Permalink Reply by Redfish on July 22, 2013 at 10:23

I hear they pay $200 per acre and 1/5th royalty for a 3 year lease that has a 2 year option.

Permalink Reply by Gatrpaw on July 22, 2013 at 11:32

If you work with them and have considerable acreage they will probably do a little better than the $200 and 1/5. However, don't expect mega deals. Work on the royalty at 25% and see where the bonus falls according to concessions made in other parts of your lease.  CV is the major target and they will probably just lease 100ft above and 100ft below that target zone if you won't to keep your other minerals open for future lease.

Permalink Reply by TONICO on July 22, 2013 at 14:18

Does anyone know when and/or where Anadarko has plans to drill?  What is the "blue zone"? 

Permalink Reply by Gatrpaw on July 22, 2013 at 15:57

Our interest is near Wilkes Plant and we did a three year lease. We were told drilling would be well within that time period. Hope this helps.

Permalink Reply by TONICO on July 22, 2013 at 16:08

Thanks DWG.

Permalink Reply by TONICO on July 23, 2013 at 3:09

Thanks KMS Do you know what Petro Land is offering as a bonus?  Is it the same as Dixon, $200 and 20%?  How long has Petro Land been leasing for Anadarko?  I did not know anyone else was leasing for Anadarko in Marion County. 

Permalink Reply by waylon buckland on August 27, 2013 at 12:32

andarko got a permit to drill near the power plant south of avinger

Permalink Reply by waylon buckland on December 19, 2013 at 14:20

androko make app. to drill 9 miles east of harlton marion co. 12,000 ft. horzinal

Permalink Reply by Gatrpaw on December 19, 2013 at 15:19

I think you will see some up-turn now in much of the area.

Permalink Reply by waylon buckland on February 14, 2014 at 16:34

what does anyone know about the clark well

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