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Energy Industry (Oil & Gas)/Questions

SubjectDate AskedExpert
Intent to drill Alfalfa County1/30/2012Frederick M. "Mick" Scott
  Q: I own mineral rights in land located in section 19, township 28 north, range 10 west Alfalfa County ...
  A: Continental applied for a Location Exception (#201-105742) in Section 19. The hearing was January 3. ...
Landowner access bonus1/23/2012Frederick M. "Mick" Scott
  Q: Is there a guide to (i) the process and (ii) the amount for compensation to a landowner for access ...
  A: Bonus and royalty negotiation works much the same in Canada I believe, though most (nearly all ...
Landowner access bonus1/19/2012Frederick M. "Mick" Scott
  Q: Is there a guide to (i) the process and (ii) the amount for compensation to a landowner for access ...
  A: You might want to read my <a ...
Oil Lease1/14/2012Frederick M. "Mick" Scott
  Q: I have been offered a Paid Up Oil Lease. The offer is for $275/acre for a 4 year period with a 19% ...
  A: The bonus is usually paid all at once, and is a one-time payment normally. The bonus is paid once ...
gas odorant on wellhead connections1/13/2012Charles E. Felker
  Q: Charles, We have a lease covering 3 gas wells in PA and are entitled to 400 thousand cu. ft. each ...
  A: I finally heard from my friend who was in the business (now retired)however. He did send me some ...
old gas lease1/13/2012David B. McCall
  Q: How long can a company hold a lease after production has ceased? We have not received a royalty ...
  A: By all means, contact a lawyer to have your lease reviewed. Leases commonly provide that once ...
gas odorant on wellhead connections1/11/2012Charles E. Felker
  Q: Charles, We have a lease covering 3 gas wells in PA and are entitled to 400 thousand cu. ft. each ...
  A: Many years ago when I worked for a gas company these well taps, we called them "farm taps", were ...
Oil and Gas Leases1/11/2012Frederick M. "Mick" Scott
  Q: A lessee put three sections of property on one oil & gas contract. This involved two counties in ...
  A: I assume you're talking about a lease? It's legal to put more than one section on a lease, though ...
Offer1/2/2012Frederick M. "Mick" Scott
  Q: First, I'd like to thank you and the others for the wealth of information you're passing along so ...
  A: If I'm not familiar with the company leasing me, I will often ask them to simply pay me by check in ...
Offer12/31/2011Frederick M. "Mick" Scott
  Q: First, I'd like to thank you and the others for the wealth of information you're passing along so ...
  A: I doubt the first offer is the best they'll do. Chesapeake has been leasing in there pretty heavily ...
Oklahoma Mineral Interest12/29/2011Frederick M. "Mick" Scott
  Q: My brother and I own property (120 acres) in Washita County Oklahoma, Section 27 of 10-18 and (7.5 ...
  A: Chesapeake was the major buyer of leases in your section back in 2008, but no one seems to be ...
Mineral Lease in Oklahoma12/27/2011David B. McCall
  Q: My brother and I own property (120 acres) in Washita County Oklahoma, Section 27 of 10-18 and (7.5 ...
  A: There are a number of subscription type sources you can go to to find oil and gas activity in your ...
Carried Working Interest in Texas12/21/2011David B. McCall
  Q: Here’s a hypothetical situation. Suppose there is a 90-acre undivided tract which is 2/3 leased ... ...
  A: Your initial assessment is correct. If the 90 acre tract is in a pooled unit, and there is an ...
Mineral lease to expire in 1/201212/19/2011David B. McCall
  Q: Good morning, My mineral rights are in Mountrail county, ND. I have 77.59 acres and my cousins ...
  A: I would think that since you have already leased once that you can lease again. It's a good sign ...
subordination of lien12/15/2011Frederick M. "Mick" Scott
  Q: What happens to the royalty payment if the bank has a lien on the property and refuses to sign a ...
  A: The bank may do nothing to "hold" the royalty payment, but you wouldn't be able to sell the mineral ...
Mineral Deed12/15/2011David B. McCall
  Q: I am thinking of purchasing a mineral deed at auction. Everything about the Deed seems normal except ...
  A: Does the auction company have any documentation showing ownership of the minerals? If not, then ...
Mineral lease to expire in 1/201212/14/2011David B. McCall
  Q: Good morning, My mineral rights are in Mountrail county, ND. I have 77.59 acres and my cousins ...
  A: If I were you, and I liked the current operator, I think I would contact them and tell them about ...
Mineral Value12/10/2011Frederick M. "Mick" Scott
  Q: "We own minerals in Washita County Oklahoma Sections 5-6, Township 9N, Range 20 and was wondering ...
  A: Most banks will not lend money on mineral rights. You'd get a much better value by selling some of ...
non-producing gas wells on our property12/6/2011Frederick M. "Mick" Scott
  Q: We live on a ranch in Cleburne, Texas, own 100% of our minerals rights. We have a lease with ...
  A: As long as the lease is capable of producing in paying quantities, it's unlikely you'll be able to ...
Gas & Oil lease rents & royalties12/5/2011Frederick M. "Mick" Scott
  Q: My father-in-law passed away in October 2011. I found he had signed G&O lease in 2008 for ...
  A: Not familiar with lease bonus amounts in Mercer County ND, but if someone wants to lease it once the ...
Anadarko oil and gas lease12/1/2011David B. McCall
  Q: I have an interest in Consolidated Elpaso Irrigation and Manufacturing Company survey Abstract A-680 ...
  A: I suspect the lease has terminated. You would have been contacted by Anadarko if production had ...
Statement of Mineral claims who can file them11/30/2011Frederick M. "Mick" Scott
  Q: My father has mineral right by filing a statement of claim on his mother land as the son of the heir ...
  A: Chain of title is simply the trail of deeds/conveyances filed at the county clerk's office showing ...
mineral rights11/22/2011Frederick M. "Mick" Scott
  Q: Last week I was contacted by a genealogist hired by a company to locate me, it seems I share in the ...
  A: Once the landman contacts you he will likely ask you to lease your mineral rights to him or his ...
Statement of Mineral claims who can file them11/21/2011Frederick M. "Mick" Scott
  Q: My father has mineral right by filing a statement of claim on his mother land as the son of the heir ...
  A: You'd have to run the chain of title to see if your father was actually entitled to this interest ...
Inherited Deeds in Montana11/20/2011Frederick M. "Mick" Scott
  Q: I'm hoping you can provide me with some advice and direction. My farther in Law has inherited 2 ...
  A: A "mineral deed" is a deed for subsurface (rather than surface) mineral rights in most cases. A ...
Oil and gas lease renewal11/18/2011Frederick M. "Mick" Scott
  Q: I am the lessor on an oil and gas lease in Kansas. The primary term of the lease was 3 years with an ...
  A: If you accepted the payment, then they are likely right, they may owe you more, but the underpayment ...
Oil and gas lease proposal11/17/2011Frederick M. "Mick" Scott
  Q: We received a lease proposal from Conerstone Natural resources LLC for oil and gas mineral rights in ...
  A: Negotiating the lease terms in an oil and gas lease is much like negotiating any other contract. ...
Are O&G lease forms copyrighted?11/13/2011David B. McCall
  Q: There are various sample lease forms floating around which don’t say they’re copyrighted. Does this ...
  A: There may be some copyrighted forms floating around, and I have seen some law firms use copyright ...
Contact Gas Co or Wait11/9/2011Frederick M. "Mick" Scott
  Q: My family owns 62 acres in Bradford County PA. There currently is no lease on the property. We are ...
  A: If you haven't been contacted, it's likely no one is interested in leasing your rights at this time. ...
1/48 of "Mineral Deed"11/8/2011David B. McCall
  Q: Original Mineral Deed 1948)from father to 6 children: an undivided 3/4 interest in described ...
  A: I am not sue exactly how the oil company is paying, but when your sibling sold 1/48 of the minerals, ...
royalty withholding11/5/2011Frederick M. "Mick" Scott
  Q: Chesapeak gas company is witholding our royalty payment because they changed the unit size twice. ...
  A: If they changed the unit size to a smaller unit (which they can do with state approval) then it's ...
Offer For Working Interest10/30/2011Frederick M. "Mick" Scott
  Q: I am the Successor Trustee of a Family Trust that owns a 1/16 of 7/8 working interest in all leases ...
  A: A working interest is usually valued on a multiple of the monthly net income received, and is ...
Mineral Rights10/28/2011Frederick M. "Mick" Scott
  Q: The other day a man contacted my family and myself about some mineral rights which we knew nothing ...
  A: If you don't know much about this oil and gas stuff, it would probably be wise to hire someone to ...
Mineral Rights10/27/2011Frederick M. "Mick" Scott
  Q: The other day a man contacted my family and myself about some mineral rights which we knew nothing ...
  A: Sounds like the guy was offering to lease, rather than buy your mineral rights, at least initially. ...
Accountant10/27/2011David B. McCall
  Q: I am intrigued by a post on 2/23/11. I think the user was questioning the honesty of the accountant ...
  A: I think Bob Malone of Malonepetroleumconsulting.com is the best person I know to answer your ...
clauses in deed's of trust10/24/2011David B. McCall
  Q: We do not have the mineral rights to our property. we live in a subdivision and have lived here ...
  A: I can't think of any way for you to seek compensation based upon the language in the deed of trust. ...
Oil and Gas Leases10/23/2011Frederick M. "Mick" Scott
  Q: I was just notified by Gateway Land Serivices on behalf of Chesapeake Exploration L.L.C that they ...
  A: There is always a risk, but trust me, neither Chesapeake, nor any other company aims to poison your ...
mineral deeds10/16/2011David B. McCall
  Q: I am reviewing a piece of property with several mineral deeds. As it turns out, some of the ...
  A: I agree with your assessment that a mineral owner cannot convey more than he/she owns. When all of ...
Title Verification in Oklahoma10/13/2011Frederick M. "Mick" Scott
  Q: You and I have talked before and I listed my minerals on your site for a while. I hope you can help ...
  A: Lessee's sometimes only do only a "cursory" title search prior to leasing, and then a more ...
Oil & Gas Lease10/13/2011David B. McCall
  Q: I have an oil & gas lease that does not specify the intended shale formation that it will utilize ...
  A: No, the free gas clause does not define your lease as a shallow lease. If your lease does not ...

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