Thursday, April 12th, 2018
If you’re considering putting your mineral rights up for sale, there are several aspects of the process that you should know before any agreement can be made official. Talk to an attorney before agreeing to any deal so you can get a full explanation of the true worth of what you own. Here are seven […]
Tuesday, November 17th, 2015
Royalties are one way a landowner receives compensation for an oil or gas lease. Royalty interest is the landowner’s share of the gross production, and a royalty owner does not bear the costs of production. For many landowners, calculating royalties can be the most important part of a lease. However, this calculation can also be […]
Oil and gas leases give companies the right to drill for natural gas and oil on land owned by other parties. The owner of the land usually receives royalties from the oil and gas company that has the lease. There are three essential clauses in a typical oil and gas lease. To be valid, the […]
