SCOOP Play Mineral Rights
Oklahoma, whose natural gas, oil and liquids formations are spread far and wide, is one of the top five of U.S. producing states with some of the largest oilfields - including the SCOOP Play. Momentum Minerals has experience in evaluating and purchasing the mineral rights, royalties and overriding royalties for shale resources throughout Oklahoma and the SCOOP Play.
SCOOP PLAY OVERVIEW
The SCOOP Play - or South-Central Oklahoma Oil Province - a southern extension of the Woodford Shale’s Cana play, encompasses 3,300 square miles of south-central Oklahoma; most of the interest is within four counties: Stephens, Grady, Garvin and Carter. Shale and basin plays in Oklahoma have yielded mostly natural gas, but production of oil and condensates has been rising, in part because of increasing exploration and production.
There are several companies with extensive leaseholds in SCOOP and exploration activity underway such as: Marathon Oil, Newfield Exploration, and Eagle Rock Energy Partners with Continental Resources being out front in the SCOOP as well.
As the SCOOP continues to develop and expand it is becoming more attractive to additional producers by offering high yields of oil and condensate.
SELL YOUR SCOOP PLAY ASSETS
Our experienced staff will work with you throughout the evaluation process, to make sure that you understand how we value your assets and the price you are receiving is what we believe to be fair and competitive. We want you to feel comfortable with Momentum and the process and know that you made the right decision. Call us today to see how we can help you realize the value of your assets in the SCOOP play.
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