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 |
|---|---|---|---|
| Continental Resources | — | Private | Oklahoma City, OK |
| ConocoPhillips | — | COP(NYSE) | Houston, TX |
| Unit Corporation | — | UNTC(OTC) | Tulsa, OK |
Public-company tickers link to investor relations. Private operators are marked as such and do not carry a ticker.
Recent permit activity: 317 new drilling permits in the last 24 months.
We also buy overriding royalty interests (ORRIs) and non-participating royalty interests (NPRIs) in Grady County — common for tracts under leases held by major operators with carried-out royalty structures.
Yes. Grady 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 Woodford, Springer, and Sycamore formations.
The most active operators we track in Grady County include Continental Resources, ConocoPhillips, Unit Corporation. We regularly buy interests held under leases with these operators.
Grady County sits in the Anadarko Basin, where the primary target is woodford / springer. Here we underwrite the Woodford, Springer, and Sycamore formations.
Yes — 317 new drilling permits were filed in Grady 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.
Grady County sits in the Anadarko Basin with active SCOOP / Springer / Woodford development on the south side of the basin. The active intervals are Springer, Woodford, and Granite Wash in northern parts. Operator activity has been variable, with some operators consolidating positions and others reducing exposure. Producing royalty interests trade at multiples reflecting the established cash flow stream.
In most cases, yes — the lease terms control until the lease terminates by its own operation (cessation of production, failure of paying quantities, etc.). Some legacy Grady County leases at 1/8 or 3/16 royalty remain in force decades later. If the lease is genuinely in force, the owner is bound by the terms. If you believe the lease may have terminated and you want a competitive re-lease at modern royalty fractions (1/4 or higher), legal counsel can review the production history. Alternatively, we can buy the existing interest at its current-economics value.
Oklahoma's Marketable Record Title Act (16 O.S. 71-80) limits enforcement of certain pre-1947 mineral claims. For Grady County tracts with old mineral severances dating to the early 1900s, the MRTA can clean up some legacy title issues. The Mineral Owner Notification Act (52 O.S. 559.1) governs operator notice obligations. Oklahoma does not have a true dormant mineral act, so unused mineral interests do not lapse to the surface owner — they persist indefinitely.
Closings on Grady 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.
Grady County sits in the Anadarko Basin, where operators are targeting woodford / springer. Activity is led by names like Continental Resources, ConocoPhillips, Unit Corporation, and new drilling continues to shape the play across the Woodford and Springer 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.
Grady County has steady development activity and we buy here regularly. If you own minerals in the county, we'd like to evaluate your tract.