SecProbe.io

July 15, 2011
  Via U.S. Mail

Michael J. Ulrich SandRidge Permian Trust c/o The Bank of New York Mellon Trust Company, N.A.
919 Congress Avenue, Suite 500
Austin, Texas 78701  Via Facsimile

Tom L. Ward Chairman and Chief Executive Officer SandRidge Energy, Inc. 123 Robert S. Kerr Avenue Oklahoma City, Oklahoma 73102
Re: SandRidge Permian Trust
Amendment No. 1 to Registrati on Statement on Form S-1
Filed June 29, 2011
  File No. 333-174492
 SandRidge Energy, Inc. Amendment No. 1 to Registrati on Statement on Form S-3
Filed June 29, 2011 File No. 333-174492-01

Dear Messrs. Ulrich and Ward:

We have reviewed your registration statem ents and letter dated June 29, 2011, and we
have the following comments.  In some of our comments, we may ask you to provide us with
information so we may better understand your disclosure.
 Please respond to this letter by amending your  registration statements and providing the
requested information.  If you do not believe  our comments apply to your facts and
circumstances or do not believe an amendment is appropriate, please tell us why in your
response.

SandRidge Permian Trust
SandRidge Energy, Inc. July 15, 2011 Page 2
 After reviewing any amendment to your regi stration statements and the information you
provide in response to these comments, we may have additional comments.
 Amendment No. 1 to Registration Statement on Form S-1 and Amendment No. 1 to Registration
Statement on Form S-3
 General

 1. We remind you of comments 3, 4, 6, 7 a nd 8 in our letter dated June 22, 2011.

2. We note your response to comment 5 in our letter dated June 2 2, 2011 that SandRidge
has sponsored only one previous royalty trust.  Please refer to  Instruction 3 to Table I of
Industry Guide 5, for example, and provide all available information with respect to the
previous royalty trust.
3. We note your response to comments 12 and 13 in our letter dated June 22, 2011.  Please
revise to include the content of your responses in your disc losure.  In addition, please
provide a cross-reference in your risk factor  beginning “The Operations of SandRidge are
subject to environmental laws…” to such new disclosure.
4. In this regard, we note your response to comment 13 in our letter dated June 22, 2011
relating to the components of your hydrauli c fracturing fluid, in cluding the “additional
substances.”  Please tell us what substances  constitute such additional substances.  In
addition, please tell us how many gallons of  hydraulic fracturing fluid on average (not
including any proppants or such  additional substances) are us ed for a well completion or
stimulation or workover of an existing well, as applicable.

5. In addition, we note your disclosure at pa ge 31 relating to SandRidge’s insurance
coverage.  Please revise your  disclosure to discuss:

• the applicable policy limits and deductibles related to the insurance coverage;

• the related indemnification obligations a nd those of SandRidge’s customers, if
applicable;

• the insurance coverage with respect to any liability related to any resulting
negative environmental effects; and

• the risks for which you are insured fo r your hydraulic fracturing operations.

SandRidge Permian Trust
SandRidge Energy, Inc. July 15, 2011 Page 3
 Closing Comments

 We urge all persons who are responsible for th e accuracy and adequacy of the disclosure
in the filing to be certain that the filing incl udes the information the Securities Act of 1933 and
all applicable Securities Act rules require.  Since the company and its management are in
possession of all facts relating to a company’s disc losure, they are responsible for the accuracy
and adequacy of the disclosures they have made.                Notwithstanding our comments, in the event you request accelera tion of the effective date
of the pending registration statement please pr ovide a written statement from the company
acknowledging that:
• should the Commission or the staff, acting purs uant to delegated authority, declare the
filing effective, it does not foreclose the Co mmission from taking any action with respect
to the filing;

• the action of the Commission or the staff, acting pursuant to delegated authority, in
declaring the filing effective, does not relieve the company from its full responsibility for
the adequacy and accuracy of the disclosure in the filing; and

• the company may not assert staff comments a nd the declaration of effectiveness as a
defense in any proceeding initiated by the Commission or any person under the federal securities laws of the United States.

Please refer to Rules 460 and 461 regarding re quests for acceleration.  We will consider a
written request for acceleration of  the effective date of the regi stration statement as confirmation
of the fact that those reques ting acceleration are aware of thei r respective responsibilities under
the Securities Act of 1933 and the Securities Excha nge Act of 1934 as they relate to the proposed
public offering of the securities specified in th e above registration stat ement.  Please allow
adequate time for us to review any amendment prior to the requested effective date of the
registration statement.

SandRidge Permian Trust
SandRidge Energy, Inc. July 15, 2011 Page 4
 You may contact Paul Monsour  at (202) 551-3360 or Jenni fer Gallagher at (202) 551-
3706 if you have questions regarding comments on th e financial statements and related matters
or James Murphy at (202) 551-3703 if you have que stions regarding the engineering comments.
Please contact Sirimal R. Mukerjee at (202) 551- 3340, or in his absence, me at (202) 551-3611
with any other questions.
Sincerely,

/s/ A.N. Parker

Anne Nguyen Parker Branch Chief
 cc: Via Facsimile

David H. Engvall, Esq. Covington & Burling LLP 1201 Pennsylvania Avenue, N.W. Washington, D.C. 20004