Leasing:

Leasing oil & gas mineral rights

Oil Creates Challenges, Opportunities for Okla. Landowners

A renewed drilling boom in parts of central Oklahoma promises hefty profits for struggling farmers and ranchers, but also could create challenges for land and mineral owners who sign contracts without fully understanding them, speakers…

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Devon Appeals Class Action Ruling in Royalty Suit

Devon Energy contends that a Dallas federal judge ignored state law when he allowed a class-action lawsuit to go forward accusing it of using sham transactions to underpay thousands of property owners in North Texas…

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PA Mineral Owner Wins Challenge on Royalty Deductions

For more than four years, the natural gas company tapping the Marcellus Shale beneath Paul Sidorek’s 150-acre property in rural northeastern Pennsylvania took deductions for preparing and shipping his share of the gas. The deductions…

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Lawyer Blog: Can a Division Order Modify Lease Provisions?

Writing on his Oil and Gas Lawyer Blog, Austin, Texas attorney John McFarland examines the legal question of whether a division order can modify provisions in an oil and gas lease. More specifically, McFarland cites…

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ROYALTY PAYMENTS

Royalty payments are the share of the production of oil and gas paid to the owner of the minerals (the lessor). Along with the signing bonus, royalty payments are the primary source of income to…

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DIVISION ORDERS

If you have leased your mineral rights and the oil and gas company has drilled a successful well, you will receive another legal document to sign before you start receiving your royalty payments: the division…

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