Welcome to 1280 Royalties, where we are committed to helping mineral owners maximize the value of their assets by providing comprehensive information and resources. Oklahoma’s oil and gas industry has played a pivotal role in shaping the state’s economy and the nation’s energy sector. Understanding this rich history can help mineral owners make informed decisions about their rights and assets.
The History of Oil and Gas in Oklahoma
Early Discoveries (1890s–1920s)
Oklahoma’s oil story began in 1897 with the first commercial oil well drilled near Bartlesville, known as the Nellie Johnstone No. 1. This discovery marked the start of an energy revolution in the state.
By the early 1900s, Oklahoma experienced its first oil boom, with major discoveries in fields such as Glenpool and Healdton. These fields made Oklahoma one of the top oil-producing states in the country.
The iconic Tulsa area became known as the "Oil Capital of the World" during this period due to its rapid growth and the concentration of oil activity.
The Mid-Century Expansion (1930s–1960s)
Technological advancements, including deeper drilling and enhanced recovery techniques, allowed for the development of additional reserves.
The Anadarko Basin emerged as a significant oil and gas-producing region, further solidifying Oklahoma’s role as an energy leader.
Modern Development (1970s–Present)
The energy crises of the 1970s spurred increased exploration and production, particularly in natural gas fields.
In the 2000s, the advent of horizontal drilling and hydraulic fracturing opened up vast resources in the Woodford Shale and STACK (Sooner Trend Anadarko Canadian Kingfisher) plays.
Oklahoma remains a top producer of both oil and natural gas, with its industry heavily focused on unconventional shale formations and enhanced recovery in mature fields.
Key Oil and Gas Producing Regions in Oklahoma
- Anadarko Basin: One of the largest oil and gas basins in the U.S., rich in natural gas and unconventional oil reserves.
- Ardmore Basin: Known for oil and gas production from conventional and unconventional reservoirs.
- STACK and SCOOP Plays: Recent hotspots for horizontal drilling and hydraulic fracturing, targeting the Woodford Shale and other formations.
Understanding Your Mineral Rights in Oklahoma
Owning mineral rights in Oklahoma provides significant opportunities but also comes with responsibilities and considerations. Here are some important aspects to keep in mind:
At 1280 Royalties, we help mineral owners understand their options, whether they’re considering leasing, selling, or managing their rights for long-term value.
Resources for Oklahoma Mineral Owners
To further your knowledge about Oklahoma’s oil and gas industry and your mineral rights, visit these trusted resources:
- Oklahoma Corporation Commission (OCC): Access well data, regulatory information, and production reports.
- Oklahoma Geological Survey (OGS): Learn about Oklahoma’s geology and energy resources.
- Bureau of Land Management – Oklahoma: Information on federal lands leasing and permitting in Oklahoma.
- National Association of Royalty Owners (NARO): Connect with other mineral owners and access educational resources.
- Energy Information Administration – Oklahoma Profile: Data on Oklahoma’s energy production, reserves, and consumption.
Resources for Oklahoma Mineral Owners
To further your knowledge about Oklahoma’s oil and gas industry and your mineral rights, visit these trusted resources:
- Oklahoma Corporation Commission (OCC): Access well data, regulatory information, and production reports.
- Oklahoma Geological Survey (OGS): Learn about Oklahoma’s geology and energy resources.
- Bureau of Land Management – Oklahoma: Information on federal lands leasing and permitting in Oklahoma.
- National Association of Royalty Owners (NARO): Connect with other mineral owners and access educational resources.
- Energy Information Administration – Oklahoma Profile: Data on Oklahoma’s energy production, reserves, and consumption.
Why Work with 1280 Royalties?
At 1280 Royalties, we specialize in helping mineral owners in Oklahoma and across the U.S. maximize the value of their resources. Whether you’re interested in leasing, selling, or simply understanding your mineral rights, our team is here to provide personalized support and guidance.
Contact us today to learn more about your mineral rights in Oklahoma and how we can help you unlock their full potential. Let’s work together to make the most of your valuable assets!