Oklahoma SCOOP Play Mineral Rights & Royalties
The SCOOP Play Resources
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. Resource 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 and exploration activity in the Oklahoma SCOOP, such as: Marathon Oil, Newfield Exploration, Eagle Rock Energy Partners, and Continental Resources. As the SCOOP continues to develop and expand it is becoming more attractive to additional producers by offering high yields of oil and condensate.
With Momentum Minerals' experience actively buying mineral rights and oil & gas royalties in the SCOOP play, we can value your mineral, royalty and overriding royalty interests and purchase those assets at a competitive price. You'll receive a lump sum upfront, allowing you to realize the value of your asset today. We work with individual property owners and consortiums in counties throughout the Oklahoma SCOOP Play such as Stephens, Grady, Garvin and Carter counties.
If you are interested in selling your mineral rights, call today to see how we can help. We pride ourselves on our integrity – you can be assured that Momentum will provide the most accurate valuation, offer you a fair market price for your assets, and close promptly. Momentum Minerals purchases your minerals and royalties. We do not offer leases. Our assessment of the productivity of your resources is based on technical analysis and what we believe to be a fair, competitive price. Call us today to see how we can help you realize the value of your assets in the SCOOP play.
Have land ready to sell in the Midland Basin?
Why Choose Momentum?
Your Mineral Rights Buyer
Momentum Minerals has experience in evaluating and purchasing the mineral rights, royalties and overriding royalties for shale resources throughout the United States. We work with you throughout the process to make sure that you understand how we value your assets and the price you are receiving is fair and competitive. Our capital partners ensure that we have the funds to offer the best price today and close quickly for large and small assets.
There are three primary types of Mineral Rights. Momentum Minerals, we can help you determine what type of rights you own:
Mineral rights grant ownership to all of the oil and gas lying below the surface of the property, as well as the right to explore, drill, and produce oil and natural gas on that property or to lease such rights to a third party. Typically, mineral rights are perpetual.
Overriding Royalty Interests (ORRI)
Overriding royalty interests are royalty interests that burden the working interests of a lease and represent the right to receive a fixed percentage of production or revenue from production from a lease. Overriding royalty interests are non-perpetual, and the right to develop minerals reverts to the mineral owners when the initial lease term expires.
Nonparticipating Royalty Interest (NPRI)
A non-participating royalty interest owner has a right to all or a portion of the royalty from gross production, but does not have the right to execute a lease, receive a bonus or any delay rentals. An NPRI owner also does not have the right to produce the minerals by himself, and they are not responsible for the operational costs associated with production or drilling. An NPRI has fewer rights than a ‘regular’ mineral rights owner as they do not have the right to make decisions related to the execution of leases. Other mineral rights owners generally participate in at least one of the previously mentioned activities.
When looking to sell your mineral rights to a buyer, Momentum is a superior choice. We work with all acreage amounts, from a large consortium to individuals. We will inform you of how we value your assets, as well as why selling your assets may be the best choice for you. Momentum is committed to closing a purchase in a quick, efficient manner that considers the location, market value, size, and productivity of your mineral assets. No matter where your mineral rights are located, our acquisition specialists will quote a fair, competitive price.
Momentum is committed to closing a purchase in a quick, efficient manner that considers the location, market value, size, and productivity of your mineral assets. No matter where your mineral rights are located, our acquisition specialists will quote a fair, competitive price.
Momentum Minerals works with all types of acreage, whether producing or non-producing, and with all acreage amounts, from large consortiums to individual mineral owners.
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Houston, TX 77024
Houston, TX 77024