Oklahoma· County Detail
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No broker fees. No auction. We close with our own capital.
By Brad Caponigro, Founder · Last updated
Per the state well registry. Per-county monthly volumes are not published for Oklahoma; well counts and operator activity are the closest proxy for ongoing production.
| Operator | Parent | Ticker | HQ |
|---|---|---|---|
| Devon Energy | — | DVN(NYSE) | Oklahoma City, OK |
| ConocoPhillips | — | COP(NYSE) | Houston, TX |
| Ovintiv | — | OVV(NYSE) | Denver, CO |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
Recent permit activity: 170 new drilling permits in the last 24 months.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Canadian County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Canadian County is on our active buy list. We buy mineral interests, royalty interests, NPRI, and ORRI on both producing and non-producing tracts targeting the Meramec, Osage, and Woodford formations.
The most active operators we track in Canadian County include Devon Energy, ConocoPhillips, Ovintiv. We regularly buy interests held under leases with these operators.
Canadian County sits in the Anadarko Basin, where the primary target is meramec / osage. Here we underwrite the Meramec, Osage, and Woodford formations.
Yes — 170 new drilling permits were filed in Canadian County in the last 24 months. Recent permit activity is one of the inputs we weigh when sizing an offer on undeveloped or PDP-only acreage.
Canadian County is in the heart of the Anadarko Basin SCOOP/STACK plays, with active Woodford, Mississippian Lime, and Springer development. Operator activity has been steady, with continuous infill development on existing units. Bonuses and royalty multiples in Canadian County for unleased acreage have been moderate, reflecting the maturity of the play.
Oklahoma has a robust compulsory pooling regime under 52 O.S. 87.1 administered by the Oklahoma Corporation Commission (OCC). If you have not leased and the operator wants to develop, they can file a pooling application with the OCC. The hearing process is fast (often 30-90 days), and the resulting order gives you an election: accept the offered cash bonus and royalty, accept a higher cash bonus with lower royalty, participate as a working interest owner, or non-consent (operator recovers cost plus a risk charge from your share). See our blog post on Oklahoma forced pooling for the detailed framework.
Oklahoma imposes a 7% gross production tax on most oil and gas, with a reduced 2% rate during the first 36 months of production from horizontal wells (then stepping back to 7%). The tax is borne by the operator before royalty is calculated, so realized prices on your check are post-tax. The 2% incentive rate during the first 36 months means newer Canadian County wells generate slightly higher net royalty per Mcf or barrel than older wells.
Closings on Canadian County mineral rights typically take 7 to 30 days from the date you accept our offer, depending on title complexity. We handle county-level title work, PSA drafting, mineral deed preparation, and notary coordination at our expense.
Just a tract description (abstract or survey, section/township/range, or a legal description from your deed) and any recent royalty check stubs if the interest is producing. You do not need to gather deeds or title opinions up front.
Canadian County sits in the Anadarko Basin, where operators are targeting meramec / osage. Activity is led by names like Devon Energy, ConocoPhillips, Ovintiv, and new drilling continues to shape the play across the Meramec and Osage formations.
If you hold mineral rights, royalty interests, NPRI, or ORRI anywhere in the county, we'd like to put a written offer in front of you. Every offer we send is funded from our own balance sheet — there's no auction, no broker markup, and no third-party capital waiting to approve the deal.
Canadian County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.