Cotton County Oklahoma 7 miles north of the Red River.
Mineral Rights For Sale
This drilling prospect is at 1320 feet. Oil field to the south right across the road, 90% of those oil wells 100-250 bopd. Currently there are 7 oil wells producing in that oil
field that is over 70 years old. This 40 acre lease has never been drilled and is 30 feet higher in elevation than the oil field to the south. I look for the first drilled well to come in at 100+, with a life span of 50+ years. I’m a Texas/Oklahoma field trained geologist since 1975. (Oil always travels to the highest point, that’s a fact). Asking $165,000 for this 40 acre lease.
Net Mineral Acres:
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