OIL & GAS INVESTMENT OPPORTUNITY! Oklahoma Producing & Nonproducing Mineral Interests | Major, Noble, & Garvin Counties
Auction Information
- Successful Auction
Auction Date:
Auction Managers:
Main Features
Mineral #1- Major Co., OK
Legal: An undivided ¾ interest of an undivided ½ interest of minerals in, under, and to Lot 3 of the SE/4 of 4-20N-10 W.I.M., Major Co., OK
Location: from Isabella turn off (SH 8 & Isabella Blacktop), 1 mi. N. & 2 mi. E.
NMA: 12.75 +/- NMA
Lease: Appears to be nonproducing & open for lease
Seller: Kelly R. Bisel
Mineral #2- Major Co., OK
Legal: An undivided interest of minerals in, under, and to the SW/4 of 32-21N-9 W.I.M., Major Co., OK
Location: W. edge of Ames
NMA: 17.25 +/- NMA
Lease: Appears to be nonproducing & open for lease
Seller: Kelly R. Bisel
Mineral #3- Major Co., OK
Legal: An undivided ¾ interest of an undivided ½ interest of minerals in, under, and to the SW/4 of 10-20N-10 W.I.M., Major Co., OK
Location: from SH 8 & Ames Blacktop, 3 mi. E.
NMA: 60 +/- NMA
Production: appears to be from the Colley Unit #2 w/RI 0.02816480, paid by Diversified Energy
2024 Net Revenue: $1,226.31
*** Recent Activity: Canvas Energy has filed for Section 10 and Section 3 to be spaced for production as a multi-unit well for production from the Mississippian Common Source of Supply.
Seller: Kelly R. Bisel
Mineral #4- Major Co., OK
Legal: An undivided ¾ interest of an undivided ½ interest of minerals in, under, and to the NE/4 of 9-20N-10 W.I.M., Major Co., OK
Location: from above Mineral #3, NW across rd.
NMA: 60 +/- NMA
Production: appears to be from the GM Reames #1-9, operated by Hux Oil Company, LLC
2024 Net Revenue: approx. $7.17
Seller: Kelly R. Bisel
Mineral #5- Major Co., OK
Legal: An undivided ¾ interest of an undivided ½ interest of minerals in, under, and to the SE/4 of 5-20N-9 W.I.M., Major Co., OK
Location: ½ S. from Town of Ames
NMA: 60 +/- NMA
Lease: Appears to be nonproducing & open for lease
Seller: Kelly R. Bisel
Mineral #6- Major Co., OK
Legal: An undivided 1/12 interest of minerals in, under, and to the W. 1/3 of the S/2 of 7-22N-10 W.I.M., Major Co., OK, less & except that portion previously conveyed for use as a highway
Location: approx. 3.7 miles W. of the Ringwood Jct. (US 412 & SH 58) on US 412
NMA: 8.46 +/- NMA
Lease: Appears to be nonproducing & open for lease
Seller: The Myron E. & Doris C. Mosher Trust
Mineral #7a- Noble Co., OK
Legal: An undivided ¼ interest of minerals in, under, and to the S/2 SW/4 1-24N-2 W.I.M., Noble Co., OK
Location: from SH 15 & I-35 (E. of Billings), 3 miles N. & 1 mile W.
NMA: 20 +/- NMA
Production: appears to be from the Nancy Ann 1-1S and the Troche 1-4N w/RI 0.00381435, paid by Koda Operating, LLC
Seller: Robert Francis Bode, III
Mineral #7b- Noble Co., OK
Legal: An undivided ¼ interest of minerals in, under, and to the S/2 SW/4 1-24N-2 W.I.M., Noble Co., OK
Location: from SH 15 & I-35 (E. of Billings), 3 miles N. & 1 mile W.
NMA: 20 +/- NMA
Production: appears to be from the Nancy Ann 1-1S and the Troche 1-4N w/RI 0.00381435, paid by Koda Operating, LLC
Seller: Robert Francis Bode, III
Mineral #8- Garvin Co., OK
Legal: Minerals in, under, and to the NE/4 SE/4, less & except 3.0 acres in the SW/c of the NE/4 SE/4 lying West of Rock Creek, together with all accretions and relictions thereto in 19-1N-1 W.I.M., Garvin Co., OK
Location: from Katie, 2 miles S. & ½ E.
NMA: 37 +/- NMA
Production: appears to be from the following:
Speyside 3-19-20XHW w/RI 0.00016035
Speyside 5-19-20XHM w/RI 0.0001713
Speyside 4-19-20XHM w/RI 0.00016055
Speyside 2-19-20XHW w/RI 0.00018103
Speyside 6-19-20XHM w/RI 0.00016808
Speyside 1-20-19XHW w/RI 0.00017864
Burch 1-19H w/RI 0.00039244
Revenue: Q1 2025 monthly average $328, paid by Continental Resources
Seller: Robert F. Bode, III
Terms & Conditions: A 10% Buyer’s premium will be added to the high bid in the auction to determine the purchase price of each tract. 10% of the purchase price is to be placed in escrow the day of the auction with the balance being due upon delivery of merchantable title, at closing. Buyers will have 20 days to examine the county records and satisfy themselves as to the title. Title will transfer by Limited Warranty Deed and/or by other appropriate deed or assignment. Closing is to be on or by October 10, 2025. All information is taken from sources believed to be reliable; however, no guarantee is made by the auction company or its employer. Buyers should satisfy themselves as to acreage, production, etc. prior to auction day. Any announcements made the day of the auction supersede all advertising.