Internet Resources for Royalty Owners Oklahoma NARO Convention May 8th, 2013

GOAL: Show and demonstrate Internet Resources: (Websites, Web-Apps, Phone/Tablet Apps and Newsletters) to assist Royalty Owners research, post questions and stay informed.

By: Jack Fleet, CMM [email protected] 214-354-5224 Fleet Energy Company, LLC Fleet Family Mineral Properties, Inc. Fleet Dickey Mineral Properties, LLC

Website URL

Description

Blogs www.naro-us.org/forum

www.allexperts.com/el/Oil-Gas/

www.Linkedin.com/

NARO General Message Board. Boards are divided by state and county or subject matter. Contain information regarding leasing activities, division orders, geophysical permit and many other topics important to mineral and royalty owners. Allexperts is an excellent source for specific questions to be posted and answered. For leasing, title, partition and pooling. Make sure you have details of your question prepared for these experts to answer your questions. There many groups and companies on this Business networking site. It like Facebook of the business world. Groups to look for include. NARO, OIPA, IPAA, Mineral Rights & Royalty Owners.

County Records www.okcountyrecords.com/

www.courthousedirect.com/

www.naco.org/

Oklahoma Public Land Records for all but 15 counties, some of which have their own online search; such as Oklahoma County. Records for county clerk and civil, title and lien search, plat maps and deed records. FREE to Search and return Indexes on your search criteria. Download or print copies are about $1.00 per page. Setting up an account does not require you to make a purchase. Preview/Print Tokens are $1.00 each. Links to courthouses records, Grantor/Grantee Indexes and document images of Real Property Records across the United States. County coverage is somewhat limited in Oklahoma and other states compared to other companies but a good place to start if you need to look up indexes or records. Free to search, requires login to download documents. National Associate of Counties. A great resource if you need to find contact information for any county in the United States. Including email address of each office. Click About Counties > Find A County to get started.

Geology/Land www.geology.com www.ogs.ou.edu/level2-geology.php/ http://www.google.com/intl/en/earth/index.html www.earthpoint.us

A great source of education on geology, from what are minerals, rouge fractures, LNG, Mineral Rights, shale plays and so much more. Oklahoma Geological Survey. Geology Rocks! Learn about shale plays in the state and many other energy related topics. Google Earth. Locate your mineral properties. Combined with Earthpoint.us you can search by Township and Range. Earthpoint allows searches on Google Earth using the United States Public Land Survey.

Website URL

Description

Unclaimed Property www.unclaimed.org/ http://OK.gov/unclaimed/index.php

www.occeweb.com/MOEASearch/index.aspx

Website “Representing State Governments that actively find owners while protecting forgotten funds until claimed”. Opens windows to each state to search for unclaimed funds. Straight to the Oklahoma unclaimed property website. Have you check for unclaimed property recently? MOEA – Mineral Owners Escrow Account. Check here for funds that have been put in suspense for an extended period of time.

Legislative www.OIPA.com

Oklahoma Independent Petroleum Association membership is mostly small and large oil and natural gas producers but also included service, supply drilling companies as well as Mineral Owners. Committed to promoting the interest and welfare of independent oil and gas operators, working interest owners, royalty owners and those businesses who provide services for the energy industry. Focused on legislative, regulation and industry affairs. The independent Petroleum Association of America. A membership based national trade association representing independent oil and natural gas producers. IPAA also works closely with independent national, state and regional associations such as NARO to ensure a strong, viable domestic oil and natural gas industry.

www.ipaa.org

Subscription Only www.drillinginfo.com

This site is expensive but very comprehensive on drilling, permitting, production and leasing information in multiple states. You can also setup Virtual Scouts that email activity to you on a daily or as activity occurs basis.

www.oil-law.com

The least expensive paid subscription service, Well-Data for Oklahoma. Provided well information in an easy to review map based on Township and Range.

www.pangaeadata.com

Review well records, regulatory orders and applications with the OCC. Setup searches on areas or operators and have emailed on a daily basis.

APPS Baker-Hughes Rig count SLB Glossary Arrow Engine Company Oil & Gas Prices PennEnergy

Easily see where drilling activity is high, clicking on a rig will give additional detail. Industry related terms and definitions, enter a search and related terms come up. Prices are provided by a third party but it is a nice little app to check, Crude Oil, Natural Gas, Dow Jones and NASDAQ activity. Oil and Gas Industry news. US and Globally news.

Website URL

Description

Well/Lease information http://www.occeweb.com/

Oklahoma Corporation Commission Home Page.

http://www.occeweb.com/Orawebapps/OCCO Oil and Gas Division Databases and Web Applications including New Well Browse and Oil and Gas Data raWebAppsone.html Mining (a GIS View with a very flexible search tool is available). http://www.occpermit.com/WellBrowse/

New Well Browse Home page.

http://imaging.occeweb.com/

OCC Imaged Documents Web Application Page.

http://newsok.com/more/drilling%20reports

The Oklahoman’s online news week day reports of Oil and Gas prices, completions and intents filed.

Other http://g2partnersllc.com/

Bottom of page and join the mailing list for Notable News in the Oil and Gas Industry from G2 Partners, LLC a services company.

www.sos.ok.gov/corp/corpInquiryFind.aspx

Oklahoma Secretary of State: Corporate Entities Search. Have an Oklahoma company contacting you and want to know a little more about them. Search for their business on the Secretary of State’s website.

www.nadoa.org

National Association of Division Order Analysts. Developed a Model Form Division Order that is acceptable in the state of Oklahoma in substitute for the Division Order sent by Payors/Operators.

www.OERB.com

www.ok.gov/marginalwells/

Marginal Well Commission researching, locating marginal wells in the state of Oklahoma. Researching how to extend the life of marginal wells and to communicate with National and Regional entities on how to improve marginal wells.

NARO is an excellent source of information. Check both the NEW and Old Message boards.

AllExperts, the list of experts in this group include a Certified Mineral Manager and Certified Professional Landmen. The responses are very good but adequate detail in your inquiry is required for a complete response.

Linkedin.com a business network of individuals, companies and groups. Free to create an account. There are many Oil and Gas related groups and businesses you can subscribe to receive news feeds.

OKCountyRecords.com is connected to a large number of Oklahoma Counties with access to Deeds, liens, Oil and Gas leases, Plat Maps and more. FREE to search. Click on a County and get started.

You can search by Legal to find other leases in your area of interest. Or search by Name.

Search Results

Preview of one search.

From here: Once you have tokens or credit either preview or print, you can save this on your computer as a PDF file.

Need to find a county in the United States? This site has a listing of every county and contact information. Just click About Counties > Find a County.

Excellent Source of what makes our industry tick. Articles from “What are Minerals?” and “Decline Curve – Falling Royatly Payments” to Meteorites. Everything you want to know about geology.

Earthpoint.us is a service that overlays data such as Township and Range PLS data on Google Earth. What to find your mineral tract this is a good service to use. From Free to an annual fee, depending on your profession and anticipated used.

Go to Earthpoint.us Sign in, Click on the Township & Range where you can search by description Free to use with Ads or Free for Students and Teachers, $5/month no ads or $50/year no ads.

Unclaimed Property If you have royalty interest, from time to time funds can show up in the State’s unclaimed property. Could be as simple as a typo in the address where check was sent. This is good to check once or twice a year. Additionally, unknown respondents from a pooling order could have their funds end up in MOEA.

Coalition of Oklahoma Surface and Mineral Owners - COSMO

OIPA Committed to promoting the interest and welfare of independent oil and gas operators, working interest owners, royalty owners and business that provide services to the energy industry in Oklahoma. IPAA a national trade association representing independent oil and natural gas producers. An advocate for the industry and provides economic and statistical information about domestic exploration.

APPS for phones/tablets Baker Hughes Rig Count Easy to see where the activity/play are.

Click on a rig represented by a pin and receive additional well information.

Schlumberger An Oil & Gas Industry dictionary. Type in your criteria and the results are displayed.

PennEnergy Oil and Gas Industry news articles both domestic and international.

Arrow An Oil and Gas price index. Also shows the Dow Jones and NASDAQ.

http://www.occeweb.com/index.html

From the home page navigate to Divisions > Oil and Gas > Databases

New Well Browse Database

Very friendly to open text searches. For example if you knew the well name started with Baz (Bazhaw). Just enter Baz. If your results are to great enter more known criteria to narrow your results. Make sure that your Browser is set to ALLOW POP UPs ON THIS SITE.

Well Search Results Page

There are four results in the state. Only one matches our property. To see the well information click on the Magnify Glass next to the record of interest.

Well Information - Basic

Here is the basic well information. API number will be important if you do not already have it. Also you can search Google Earth by Latitude and Longitude to find the exactly location of the well.

There are many Form #s, you can review them here or on the All Images page.. Form 1000 contains information relating to Well Permits and Applications.

Clicking on completions, results in basic information about each completion for your well. In this example there is only one completion. Had there been a recompletion, for example going up hole and recompleting in a new formation, an additional completion record would be listed here.

Clicking the Magnify Glass, results for the completion are listed. Any where you see the Microsoft Excel Icon, you can download that information to your computer in Excel format. Notice at the bottom tabs for: Orders Plug/Packers Prod. Forms Formations Here we will get the Spacing Order number to find the unit size later.

Clicking on the Production Button we see a place to enter a year and search for production. Production runs anywhere from 2-3 months or longer behind todays date. Similar to the Check runs you receive.

Searching on 2013 you can see the Producing Formation(s), Gas totals, Production Status and Volume reported by month for 2013.

Forms shown here: 1073 - Transfer of Operator 1000 – Well Permit/App 1001A – Well Spud 1002C – Cementing Report 1002A – Completion Report

New Well Browse by API number

Make sure to not enter any dashes. Only the number: For example: 35-051-22704 should be enter as 3505122704

Well Search by API Results

Entering the API, found on some check runs will take you directly to the well records for your well.

Well Search by Section / Township / Range

You can search by a few or as many criteria. For example if you wanted to see all the well in this township just enter 09N and 05W. To narrow your results enter the Section and even enter a Quarter section.

Imaged Documents – Cases/Orders/Production Records

http://www.occeweb.com/index.html From the home page navigate to Divisions > Oil and Gas > Imaged Documents

Imaged Documents Home Page

All documents except Well Logs are in PDF file format. It is necessary to have a PDF Reader like Adobe Reader installed on your computer to see and print the files. Start by looking as OAP Orders and Cases Files.

OAP Orders and Case Files This is a good place to locate all documents related to a Pooling and/or Spacing. There are a number of documents that are not mailed to respondents that may be of interest. Every wonder why a pooling hearing seems to take so long for the order to be issues? One reason could be a Motion to Protest. This Case# came from a property last year you can see that the first four digits are the year. Case # 201204517

There are 23 documents related to the Pooling and Spacing of this property. The operator was Protested you can see by the Motion highlighted.

You can also see when the Affidavit of Mailing the Pooling Order was done. See Exhibits filed, such as the AFE (Approval for Expenditures) for the well.

Bazhaw Spacing Order 97336 Grady County S21 T9N R5W NE/4 & N/2 N/2 SE/4 200 Gross Acres 17 Net Mineral Acres

Back to the OAP Order and Case Files webpage. Looking up the spacing order for the Bazhaw well to find the size of the unit. Will show if our property is in the well and help us determine our unit and royalty interest.

Bazhaw Spacing Order 97336 Grady County S21 T9N R5W NE/4 & N/2 N/2 SE/4 200 Gross Acres 17 Net Mineral Acres

Clicking on the ID number will bring up a PDF file of the Spacing Order. To get back to this page click on the back button on your Mouse or keyboard.

Unit Interest: 17nma/640acres .026563 unit interest Decimal Interest: .026563UI / ¼ RI

.00664 dec. int.

Bazhaw Spacing Order 97336 Grady County S21 T9N R5W NE/4 & N/2 N/2 SE/4 200 Gross Acres 17 Net Mineral Acres

Back to the Imaging Documents web page. Clicking on Oil and Gas Production will allow you to search Monthly Production Reports submitted by Payors and Operators to the OCC. These files are very large and most contain large amounts of data. But can be useful if you wanting to see neighboring wells that the operator may have in an area and how they are producing.

In this example we will search on High Sierra and look for wells in Pontotoc County.

This list was provided by: OCC – Consumer Services Division If you are needing a Purchaser/Payor reporting number call them at: 405-521-2613

Leave the Form # blank. Enter the Purchaser # and an effective date range, the date the report was filed with the OCC. Click Search. Note: These files are very large. The production reporting here are the monthly reports, addendums and corrections submitted to the OCC by Purchasers/Payors for wells in the state of Oklahoma.

High Sierra has 32 documents found in our date range. The most recently filed Production is for the month of January 2013 and was filed on April 1st, 2013. Clicking the ID will bring up the 300R submitted. This document is nearly 400 pages long and will load slowly. Please take caution when printing, you may only want to print one page or a range of pages.

Good page to bookmark and see where the activity is taking place.

Notable News is a weekly publication from G2 Partners, LLC focused on showcasing the most important headlines in the Energy Industry.

Internet Resources for Royalty Owners Oklahoma NARO Convention May 8th, 2013 Thank you www.FleetEnergyCo.com/NARO

By: Jack Fleet, CMM [email protected] 214-354-5224 Fleet Energy Company, LLC Fleet Family Mineral Properties, Inc. Fleet Dickey Mineral Properties, LLC