Continental’s process with our royalty, mineral and working interest partners can be summed up into five basic stages:

  • Evaluation
  • Acquisition
  • Drilling Operations
  • Completion
  • Continued Operation/Maintenance

Throughout our process you may interact with many different people, including Continental employees, subcontractors, assigns and legal representatives. As an example, an attorney or landman may contact you when we are setting up temporary spacing units in which your land is located or when we set hearings to ensure we are in compliance with State Law and regulatory procedures to begin drilling. We want to keep you informed on where we are in the process, and we will usually do this by sending you a legal notice, which contains specific information on your surface and/or mineral interest.

While this is not a comprehensive list, we want to help you understand our process, how we will work together, and who you will be working with in each stage. Should you have further questions, please contact us at (405) 234-9000.

Evaluation

  • Our geologists study an area and evaluate where the best prospects might be located
  • Our landmen contact mineral and surface owners in the areas we want to drill
  • Not all areas leased are ultimately determined to be drillable

Acquisition

  • Our geologists and landmen determine where to locate surface operations on a property
  • A record check and drilling title opinion are completed for determination of mineral/leasehold interests or other contractual rights which need to be leased or assigned
  • Our landmen obtain clearance to build a location, take photographs of the location's original condition, negotiate damages with surface owners and discuss temporary land usage options with surface owners
  • Our landmen send surface owners an intent to drill letter containing
    • Approximate drilling commencement date
    • Approximate well completion date
    • Notice of surface owner rights
    • Plats indicating where a well will be drilled on a property, location and length of new roads on a property, square footage and elevation of location, and proximity to property line
  • Company representatives contact owners to negotiate soil farming and drilling mud options

Drilling Operations

  • Continental employees, contractors and subcontractors initiate and complete the drilling of a well

Completion

  • First sale occurs on the well

Continued Operation/Maintenance

  • Company representatives contact surface owners to determine pipeline routes
  • Land reclamation occurs on the surface location
Expand Full Navigation
[email protected]