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 |
| Ovintiv | — | OVV(NYSE) | Denver, CO |
| Citizen Energy | — | Private | Tulsa, OK |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
Recent permit activity: 33 new drilling permits in the last 24 months.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Dewey County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Dewey 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 and Woodford formations.
The most active operators we track in Dewey County include Devon Energy, Ovintiv, Citizen Energy. We regularly buy interests held under leases with these operators.
Dewey County sits in the Anadarko Basin, where the primary target is meramec / woodford. Here we underwrite the Meramec and Woodford formations.
Yes — 33 new drilling permits were filed in Dewey 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.
Dewey County sits in the western Anadarko Basin with mixed Woodford, Granite Wash, and Cherokee / Mississippi Lime activity. The county has been part of various Anadarko Basin horizontal development programs. Operator activity is moderate and somewhat dependent on commodity cycles.
Often yes for absentee or inactive owners. Long-quiet mineral interests with no active leasing or production tend to depreciate optionality value over time, while the cost of holding (tax filings, missed lease opportunities, eventual probate complications) accumulates. Selling at a current-market price typically captures most of the realistic value.
Oklahoma's gross production tax is 7% on most production with a 2% incentive rate during the first 36 months of horizontal wells. Texas severance tax is 4.6% on oil and 7.5% on gas. The combined effective tax burden on Oklahoma production is typically slightly higher than Texas, reducing realized royalty per Mcf or barrel proportionally. Both states rely heavily on oil and gas tax revenue.
Closings on Dewey 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.
Dewey County sits in the Anadarko Basin, where operators are targeting meramec / woodford. Activity is led by names like Devon Energy, Ovintiv, Citizen Energy, and new drilling continues to shape the play across the Meramec and Woodford 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.
Dewey County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.