Working interests in all of Section 17-21N-9W in Major County, Oklahoma
The operator of all wells is D&J Oil which was the original driller and operator of the wells. D&J Oil was the original driller in the famous Ames, Oklahoma Meteor Crater oilfield, in which this is located. D&J are very prudent and conservative operators.
Seller is an original investor. Although oil is currently at a low, when it recovers there could be further possibilities and expansion here. Costs are low because there is a disposal for all the wells on the section.
Specifications:
Merl# 1-17
Lloyd# 1-17
Mary Helen #1-17
Shelby# 1-1
Lehenbauer #1-17 - water disposal well
Major pumping unit replacement/repair was completed on Shelby #1-17 in November, 2019.
All wells are currently now in the Arbuckle except the Lehenbauer which is Cottage Grove as it is the disposal.
Active wells Merl, Mary Helen, Shelby make a combined average of approximately 22-25 BOPD and a show of gas. The Lloyd is temporarily shut in but could be a future possibility.
In time it is believed there are future possibilities in these wells.