Lease Terms:

Terms of an oil and gas lease

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…

READ MORE

TERMS OF AN OIL AND GAS LEASE

There are many terms that can be found in an oil and gas lease. Most of these terms are negotiable to some degree. Below is a summary below of the most common terms found in…

READ MORE