Active Acquisition State
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Oklahoma has been producing oil and gas since before statehood, and modern horizontal drilling has reopened the SCOOP and STACK plays in the Anadarko Basin. We actively buy mineral interests and royalties across Oklahoma, with particular focus on the unconventional plays in the western and central parts of the state. Oklahoma consistently ranks among the top five oil-producing states in the country, and the combination of stacked pay zones in the Anadarko Basin and the state's pro-development regulatory environment keeps drilling activity strong. Whether you own minerals under an active horizontal well or hold a legacy interest from decades of conventional production, we are interested in making you an offer.
Highlighted state with approximate basin locations shown in tan
The table below shows the top producing counties in Oklahoma where we are most active, along with the primary operators and target formations in each area.
| County | Major Operators | Key Formations |
|---|---|---|
| Canadian | Devon Energy, ConocoPhillips, Ovintiv | Meramec, Osage, Woodford |
| Kingfisher | Devon Energy, ConocoPhillips, Citizen Energy | Meramec, Osage, Woodford |
| Blaine | Devon Energy, Continental Resources, Ovintiv | Meramec, Woodford |
| Grady | Continental Resources, ConocoPhillips, Unit Corporation | Woodford, Springer, Sycamore |
| Stephens | Continental Resources, Camino Natural Resources | Woodford, Springer |
| Carter | Continental Resources, Unit Corporation | Woodford, Springer, Sycamore |
| Garvin | Continental Resources, ConocoPhillips, Gulfport Energy | Woodford, Springer |
| Dewey | Devon Energy, Ovintiv, Citizen Energy | Meramec, Woodford |
| Custer | Unit Corporation, Continental Resources | Granite Wash, Morrow, Red Fork |
| Coal | Newpark Drilling, BP America, XTO Energy | Woodford, Caney |
Oklahoma's operator landscape is dominated by several large independents with deep roots in the state. Devon Energy is the largest operator in the STACK, with headquarters in Oklahoma City and a massive acreage position across Kingfisher and Canadian counties. Continental Resources, founded by Harold Hamm and also headquartered in Oklahoma City, is the dominant SCOOP operator and one of the largest holders of horizontal drilling acreage in the state. ConocoPhillips (following its 2024 Marathon Oil acquisition), Ovintiv (formerly Encana), and Gulfport Energy round out the major players. The concentration of operator headquarters in Oklahoma City means the state has a uniquely deep talent pool and supply chain for oil and gas development.
Operators ranked by the number of Oklahoma counties where they hold the top active-well count. Counties where the operator runs the most active wells link through to the county detail page.
Oklahoma royalty rates typically range from 3/16 (18.75%) to 1/4 (25%), with 1/5 (20%) being common in many areas. Oklahoma is a forced-pooling state, which means the Oklahoma Corporation Commission (OCC) can pool your mineral interest into a drilling unit if you do not voluntarily lease. Under a pooling order, you can elect to participate as a working interest owner, accept the bonus and royalty terms offered by the operator, or be pooled at the statutory minimum terms. Pugh clauses are less common in Oklahoma than in Texas, though they are becoming more standard in competitive leasing areas. Oklahoma leases typically run for a primary term of three to five years and are held by production thereafter.
We buy mineral interests, royalty interests, NPRI, and ORRI across all of Oklahoma's producing counties.
Not sure which type you own? Start with our mineral rights glossary for plain-English definitions of MI, RI, NPRI, and ORRI.
Oklahoma's forced-pooling rules make the state unique. If you own minerals in a spacing unit and have not leased, the Oklahoma Corporation Commission can pool your interest into the unit. If you are navigating a pooling order or recently received one, we are happy to walk you through your options. Oklahoma also has a Dormant Mineral Interest Act that allows surface owners to petition for lapsed mineral interests after 20 years of non-use, though the act has been subject to significant litigation and its application varies.
Oklahoma mineral owners occasionally run into questions about severance-tax treatment, dormant mineral statutes, and non-participating royalty interests. These topics rarely drive a transaction, but understanding them helps you read a division order or evaluate an offer. The summaries below are starting points — verify against current statute text before relying on them.
Gross production tax: 7% of gross value for oil and natural gas, with a reduced 2% rate for the first 36 months of production from horizontal wells (then the rate steps back to 7%). Reduced rates also apply to certain marginal and re-completed wells.
Oklahoma also imposes a small petroleum-excise tax (~0.085% of gross value) and a county ad valorem on equipment, but the gross production tax is the primary state mineral tax — it is paid in lieu of the state ad valorem on the mineral interest itself.
Statutory citation: 68 O.S. §1001 et seq.
Oklahoma has no true dormant mineral act. The Marketable Record Title Act (16 O.S. §71-80) limits enforcement of certain pre-1947 claims, and the Mineral Owner Notification Act (52 O.S. §559.1 et seq.) governs operator notice obligations to known and unknown owners. Unused mineral interests are not extinguished by lapse of time alone — the holder retains title indefinitely absent abandonment, conveyance, or successful adverse possession (which is very difficult to establish against severed minerals).
Oklahoma recognizes NPRIs and treats them as separate cost-free royalty interests. The OCC pooling process (52 O.S. §87.1) allows operators to force-pool unleased mineral owners but does not defeat valid NPRI claims — NPRI holders are entitled to their proportionate share of the royalty fraction set in the pooling order. Oklahoma case law generally aligns with Texas in treating NPRIs as cost-free unless the deed says otherwise.
Need plain-English definitions? See our mineral rights glossary.
Forced pooling is the legal process by which the Oklahoma Corporation Commission (OCC) can compel mineral owners to participate in a drilling unit if they have not voluntarily leased. If an operator has leased enough acreage to meet the OCC threshold (typically 63% or more of the unit), they can apply for a pooling order covering the remaining unleased tracts. As a pooled mineral owner, you can elect to participate as a working interest owner, accept the offered lease terms, or be pooled at the statutory minimum. Forced pooling means that Oklahoma mineral owners have less leverage than their counterparts in non-pooling states like Texas.
Oklahoma royalty rates typically range from 3/16 (18.75%) to 1/4 (25%), with 1/5 (20%) being the most common rate in many leasing areas. In the most competitive parts of the SCOOP and STACK, 1/4 royalties are increasingly the norm. Legacy leases from decades past may still carry 1/8 (12.5%) royalty rates. The royalty rate on your existing lease is a significant factor in how we value your mineral interest for purchase.
The Oklahoma Corporation Commission (OCC) regulates oil and gas drilling, production, well spacing, and pooling in Oklahoma. The OCC issues drilling permits, establishes spacing units, adjudicates forced pooling applications, and enforces production regulations. The OCC does not regulate the sale or transfer of mineral rights — those transactions are governed by Oklahoma real property law. You do not need OCC approval to sell your minerals.
Yes. You can sell your mineral rights regardless of whether they are subject to a pooling order. The buyer steps into your shoes and inherits the terms of the pooling order, including any elections you have made. Many mineral owners choose to sell after receiving a pooling order because the order creates certainty about the development plan for their minerals, which can actually make the interest more straightforward to value.
Yes. Oklahoma's Dormant Mineral Interest Act allows surface owners to petition for abandoned mineral interests after a period of non-use. However, the act has been the subject of significant litigation, and courts have narrowed its application in several key decisions. If you are concerned that your Oklahoma mineral interest may be at risk under the dormant mineral act, we can help you evaluate the status of your title and potentially purchase the interest before any adverse claim is filed.
Learn more about the basins active in Oklahoma:
If you live in one of the major Oklahoma metros and own or inherited mineral interests anywhere in the state, the pages below cover the local mechanics specific to selling from your area.
Many Oklahomamineral and royalty interests are held by heirs who live elsewhere. If that's you, our metro pages address the inheritance, ancillary-probate, and tax mechanics specific to your home state:
See all mineral rights FAQ.
State-specific guides covering the legal mechanics that come up most often for owners considering a sale.