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Mineral Rights in Grady County
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County Fun Fact
Grady County, Oklahoma is located in south-central Oklahoma. As of the 2010 census, the population was 52,431. The county seat in Grady County is Chickasha, OK. It was named for Henry W. Grady, who was an editor of the Atlanta Constitution and southern orator.
Grady County currently ranks #1 in Oklahoma for natural gas production.
Grady County Clerk's Office
- County Clerk: Jill Locke
- Grady County Courthouse: P.O. BOX 1009, Chickasha, OK 73023-1009
- Phone: (405) 324-7388
- E mail: shoe62854@aol.com
- Hours: 8:00am - 4:30pm
All Grady County, OK land records and data are available to the general public.
How to Search Grady County Records
It isn’t free, but with an online connection, you can access the website OKCountyRecords.com and run a limited search for Grady County Oklahoma records, such as an oil and gas lease or deed, mining leases, mineral deeds, transfer on death deeds, look for buyers of minerals, or a specific owner who recently sold mineral rights. In searching for anything filed in the Oklahoma Grady County Clerks office, the main limitation is that the online data is indexed only back to May 1929 and scanned images back to August 1929.
With respect to records filed prior in the county, as owners of properties, mineral rights, or other interests, and to view leases and deeds, you will need to visit the county seat, the fine city of Chickasha located in the Sooner State to review the records and get any copies which your lands or estate may be subject to.
Residents may contact the Office of the Clerk for questions about:
- Grady County public records
- Property records, mortgage records and title deeds
- Grady County, Oklahoma vital records, birth records, death records and certificates
- Marriage and divorce records, licenses and applications
- Business & professional licenses, permits, and registrations
- Election records, voter registration and poll locations
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Oklahoma Grady County Oil and Gas Information
The nature of this page and the value created is intended for mineral rights owners in Grady County OK. If you are looking for data, such as the price or value of a lease in this county or somewhere else in the state, or an estimate of the value of fractionalized royalty interests and the payment for this kind of property, you came to the right page. Read below on how we can help you find out this information.
Oil and Gas History
Beginning in the late 1910s oil and gas exploration occurred near the Grady-Stephens county line. The two early production fields were the Carter-Knox oil field and the Chickasha gas field. The first gas well into the Chickasha Field was drilled in 1922. In 1923 Marland Oil Company successfully completed a gas well in the Carter-Knox Field, and in that same year the Becker-Reed Oil and Gas Company struck oil.
By 1975 the county had produced 4,166,893 barrels of crude oil and 46,593,957 million cubic feet (mcf) of natural gas. In 2000 alone production registered 3,788,323 barrels of oil and 104,343,006 mcf of natural gas. With regards to the present day, operators are usually targeting minerals where they can drill wells that produce from the Mississippian, Woodford, and Hunton formations with some more recent activity focusing on minerals with potential in the Sycamore, Hoxbar, and Springer formations.
Natural Gas
Grady County currently ranks #1 in Oklahoma for natural gas production. By 1975 Grady county had produced 46,593,957 million cubic feet (mcf) of natural gas. To demonstrate how much technology and production techniques have changed Grady County produced 104,343,006 mcf of natural gas in the year 2000 alone. In 2021, Grady County produced approximately 385 Bcf of natural gas and was the #1 producing county in the state, for natural gas.
Petroleum
Grady County currently ranks #1 in Oklahoma for oil production. By 1975 Grady County had produced 4,166,893 barrels of crude oil. To demonstrate how much technology and production techniques have changed Grady County produced 3,788,323 barrels of oil in the year 2000 alone. In 2021, Grady County produced approximately 24 Million Barrels of Oil, and was the #2 oil producing county in the state for oil, just behind Kingfisher County.
Major Oil and Gas Fields in Grady County, Oklahoma
The two early production zones were the Carter-Knox oil field and the Chickasha gas field. The first gas well in the Chickasha Field was drilled in 1922. In 1923 Marland Oil Company successfully drilled a gas well in the Carter-Knox Field, and that same year the Becker-Reed Oil and Gas Company struck oil.
Mineral Rights Ownership in Grady County
Oil and gas mineral interests in Grady County, OK come in various shapes and sizes. Given the historic oil and gas activity in Grady County, it is very common for mineral owners’ interests to be fractionalized or severed from the surface estate entirely. Depending on the activity in the area where your Oklahoma mineral rights are located, your mineral rights may already be subject to an oil and gas lease, or currently producing and held by production (HBP).
Held By Production (HBP)
Owners of mineral rights in Grady County, OK who have either signed a lease and seen new development on their acreage by an operator in some shape or form, or inherited property that was already paying royalties to the previous owners, would all be considered held by production in most cases.
Owners of producing properties an active oil and gas well should expect to receive royalties that include revenue from both produced oil, natural gas, and natural gas liquids (NGL). The value of commodities at the time of the producer’s sale to market will determine how royalty value is calculated.
Unleased (OPEN) Mineral Rights
Not all mineral interests are currently producing or under a lease. In fact, odds are you may find that you are the owner of unleased and non-producing mineral rights. Unleased mineral rights in close proximity to producing properties can be some of the most attractive to oil and gas investors and long-term mineral owners.
The reason is, those mineral rights may allow the potential for new oil and gas lease income, and with new leases comes the potential for future upside if an operator decides to drill and complete a new well or wells.
On the other side of the coin, unleased and non-producing mineral rights that are not immediately adjacent to new drilling activity are typically the least attractive to a potential buyer. Unleased mineral rights will allow you to achieve the highest value should you decide to sell your acreage.
As an investor or buyer, you must evaluate the properties and create a review summary for the minerals in order to determine if the cost of capital and time for development allows the interested buyer to see value in the properties as an investment.
Leased But NOT Producing
Lastly, in some cases, your mineral rights may be under lease and still within the primary term of that lease contract, but not yet developed or producing. Minerals in this scenario can experience more volatile price quotes as some buyers may have a larger appetite for risk and be willing to pay for the upside from future wells if they feel the operators that would control those units are well-capitalized and have plans for the area.
On the other hand, the minerals may be seen as undesirable if the lease term is expiring soon and no efforts to develop the acreage have been made. Of course, this is all subject to the knowledge of the buyer, and publicly available data, as sometimes buyers are aware of future development and want to purchase for a client, or have comprehensive knowledge of the site and acreage they are attempting to purchase even if no operator or client is actively performing any form of oil or gas services in the area.
Most Active Oil Companies in Grady County, Oklahoma
Camino Natural Resources, LLC
Cimarex Energy Co.
Ovintiv
EOG Resources, Inc
Citizen Energy III, LLC
Casillas Petroleum
Continental Resources, Inc
Oil and Gas Lease
By now, you have discovered, it is our practice to help mineral owners create value with properties that belong to them in Grady County OK. If you are interested in the sale of royalties on your minerals with production, be it oil or gas production, we can guide you on how to sell your properties to the best buyers which we have been pre-approved or green-lighted in our online premier mineral exchange platform, RedRiverHub.com.
If you want to search for buyers of oil and gas royalties or minerals operating in the State of Oklahoma or Texas and specifically in Grady County, OK, request access to our platform where you can list for free, with no obligation (there is no liability to the owners, you only pay a small commission if you sell your mineral rights or royalties and if we produced the buyer though our platform)
To the extent you need help in figuring out something about your Oklahoma Grady County mineral rights, especially if you are having issues getting into pay status where you are due royalties as payment for production due to recent drilling, contact us for a FREE CONSULTATION.
As a fellow mineral owner who grew up in Duncan which is just down south of Grady County, I have 40+ years in the industry dealing with oil, gas, and other minerals, and my background is in the land and legal dealings of Oklahoma oil and gas law. Have a deed form you need to fill out, a lease form for drilling on your minerals that contains confusing royalty language associated with gas production, or just any form from oil and gas mineral buyers you don’t understand, we can explain it to you.
From form affidavits to a complicated royalty deed from the 1920’s that has created ambiguity in determining how much royalty you are due from oil and gas produced from your minerals in Grady County, we can help.
Want
Expert
Help?
Free half-hour phone call where you can ask questions about your particular situation regarding your oil and gas mineral rights.
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