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About Frederick M. Scott CMM RPL
(Top Expert on this page)

Expertise
I can answer questions about oil and gas leasing, and give suggestions on negotiating a good oil and gas lease and how to best deal with oil companies or their representatives. I can answer questions about buying and selling oil and gas royalty or mineral rights. I can help with questions concerning forced-pooling, correlative rights, deeds and conveyances, and "post-production" costs. I am most experienced with Oklahoma properties and laws, but am able to answer questions concerning other oil and gas producing states in many cases.

Experience
I am a Certified Professional Mineral Manager (CMM) (certified by the National Association of Royalty Owners in Tulsa, OK) and have managed my own oil and gas properties in Oklahoma for over 10 years. I have dealt with many landmen, attorneys, and other oil and gas professionals in the course of doing so. I am also a member of several professional associations and have written articles of interest to royalty owners which have appeared in several industry publications. I have prepared deeds, title work, and done curative for my own minerals; and have acquired a good deal of knowledge on the subject of oil and gas law and landwork in general in the process. I am the owner of Timbercreek Mineral Company, LLC; which was formed as a vehicle to manage family mineral interests, and as a way to facilitate the buying and selling of oil and gas interests for other people.

Organizations
NARO, NADOA, AAPL

Publications
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, Landman Magazine, and several royalty owner association groups newsletters.

Education/Credentials
NARO, NADOA, AAPL

   

You are here:  Experts > Industry > Oil/Gas > Oil/Gas

SubjectDate AskedExpert

Inherited Mineral Interest11/18/2009Frederick M. Scott CMM RPL
  Q: An individual owned the original land patent for 80 acres in Arkansas and retained 50% mineral ...
  A: If an individual sells land to someone, and also owns half the mineral rights under the land, but ...
Adding dependents to mineral rights11/17/2009Frederick M. Scott CMM RPL
  Q: The mineral rights I have are in my name only. I live in Washington. How do I add my wife and/or ...
  A: Myrel, you will need to prepare a conveyance (quit claim deed, mineral deed etc.) granting the ...
Potential ORRI I am looking to purchase!11/17/2009Laura M. FitzGerald, CPL
  Q: Recently, I am looking at purchasing an overriding royalty interest from an energy company. So my ...
  A: If the ORRI was part of an investment package, then it would be difficult, in my opinion, to obtain ...
Fort Worth TX Area Lease Bonus11/16/2009Frederick M. Scott CMM RPL
  Q: Our neighborhood was very organized last year and hired an attorney and negotiated a $27,500 per ...
  A: the Barnett Shale has been declining in activity since the beginning of the year, and bonus amounts ...
lease about to expire11/15/2009Laura M. FitzGerald, CPL
  Q: My family has an oil & gas lease, in Kansas, that is about to expire in a couple months. The oil ...
  A: Depending on what is provided for in your existing lease, is what determines what will actually ...
Hiring a Landman11/14/2009Laura M. FitzGerald, CPL
  Q: Our family had over 14,000 acres in Texas, Webb County, and after one family tragedy after another, ...
  A: Please refer to my Answers, numbered as you have set out above: 1) If you are interested in hiring ...
Taxes on oil & gas royalty payments11/14/2009Frederick M. Scott CMM RPL
  Q: We receive monthly royalty payments on some property in Canadian County, OK. We pay Owner Taxes and ...
  A: Mary, Oklahoma requires that out-of-state owners have Oklahoma state income tax withheld from their ...
natural gas play in woodford shale11/13/2009Laura M. FitzGerald, CPL
  Q: know any thing about section 9 twnshp 7n range 12e in pittsburg cty ok? i have 1.25 acres in a pool. ...
  A: No sir, I do not know anything specific. I am aware that the western portion of the state of ...
having lease terminated and equipment removed11/12/2009Laura M. FitzGerald, CPL
  Q: My husband and I own 30 acres which had and still had an oil lease on it when we bought it. We own ...
  A: Sir, The answers to your questions depend on what is provided and set out in the Oil, Gas and ...
Marcellus Shale Lease and Royalty11/12/2009Frederick M. Scott CMM RPL
  Q: Mr. Scott, I currently own 20 acres in northeast Pennsylvania and have recently signed a lease for ...
  A: Erasmo, $6000 per acre sounds pretty good to me; especially with 20% royalty. Some people will be ...
Loving County, TX Activity11/11/2009Frederick M. Scott CMM RPL
  Q: Mr. Scott, My family and I own an undivided 1/2 interest in minerals in Sec. 100, Blk. 33, H&TC ...
  A: Alan, wow, you're way out there in West Texas looks like! Not too familiar with the Permian Basin, ...
Oil/Gas Rights11/10/2009Alan H. Coogan
  Q: I was considering purchasing a property with gas/oil rights, the seller showed proof of about 11k a ...
  A: Yes, there are ways to do it, but it requires much more info than you are reciting, plus some ...
Horizontal drilling11/10/2009David Traugott
  Q: David Traugott My question is: In which geologic, reservoir conditions it is recommended to use ...
  A: Typically it is beneficial to utilize horizontal drilling when the reservoir is tight (i.e. has low ...
Suspense Accounts11/10/2009Laura M. FitzGerald, CPL
  Q: What are the steps in approaching an oil company to see if there are unpaid royalties in a tract of ...
  A: If you will contact the Texas Railroad Commission and provide them with the name of the County and ...
RE: Injection well on property next to us11/10/2009Frederick M. Scott CMM RPL
  Q: EOG is putting in a saltwater injection site on the property next to us in Montague county Texas. ...
  A: Lonnie, you can contact their land department directly. I don't have their phone number handy but ...
Acreage11/9/2009Frederick M. Scott CMM RPL
  Q: I live in south Texas and a friend told me about a lawsuit she was involved with against her ...
  A: Pam, wills sometimes list or include property that was not actually owned by mistake. A beneficiary ...
Suspense Accounts11/9/2009Laura M. FitzGerald, CPL
  Q: I live in Texas and I would like to know how to approach a company that we have reason to believe is ...
  A: I'm going to attempt to answer your questions in the order in which it makes more sense. First, if ...
Texas Gas Lease11/8/2009Frederick M. Scott CMM RPL
  Q: Mr.Scott I'm trying to decide my best option with mineral rights that I have in TX.I did not sign a ...
  A: George, in Texas, if your unleased minerals are within the spacing unit, but not within the actual ...
how do i know what perentage I own in mineral rights11/8/2009Alan H. Coogan
  Q: Can you tell me what percentage I own. I have raw land in california and my deed stagtes in the ...
  A: I'll try. First I am going to assume you have accurately conveyed all of the deed's reservations ...
mineral rights deed11/7/2009Laura M. FitzGerald, CPL
  Q: We are buying property w/some mineral rights conveyed. However, under reservations for conveyence ...
  A: From what you have stated above, the Seller is reserving 95% of the mineral rights and you and your ...
lease money11/7/2009David Traugott
  Q: Who gets the lease money? Surface owner, mortgage owner, or mineral rights owner? The minerals are ...
  A: This depends on which state you live in; in TX the minerals and surface are either held together or ...
Lease options Kay County, OK11/7/2009Frederick M. Scott CMM RPL
  Q: I was recently contacted by Bagely Title, Inc. re: 4 net acres of minerals I inherited in Kay ...
  A: Ken, I'd tell them you'll lease for $75 and 1/8, or $50 and 3/16 royalty; both three years with no ...
Mineral rights oil lease11/6/2009Frederick M. Scott CMM RPL
  Q: Is $75.00 an acre plus 3/16 Royalty for a three year lease with a 2 year option a good offer for a ...
  A: Jerry, there's really not much going on in this county frankly, so $75 is probably pretty good for ...
Minerals - Lost acreage in a Judgement11/5/2009Frederick M. Scott CMM RPL
  Q: In 1920, our grandparents were sued in district court for an unpaid grocery bill in Texas. Our ...
  A: Ann, if your grandparents owned the minerals at the time of the judgment, and in fact lost all the ...
Mineral Sales11/4/2009Laura M. FitzGerald, CPL
  Q: Am considering the sale of 65 acres of minerals in Custer County, OK. Description is East Half ...
  A: Sir, let me check and see what the market value is in this area. Please email me at ...
land owner rights to gas and oil11/4/2009Alan H. Coogan
  Q: Is there a standard amount of gas and oil that the landowner receives and is there a limit to this ...
  A: There is no standard rate. A commonly used amount is 200 MCF/year (200,000 cubic feet), typically ...
Longevity of a well11/4/2009David Traugott
  Q: Mr. Traugott, I have mineral rights, I inherited, on some land in McClain County, Oklahoma. An oil ...
  A: Go to the website below and click on oil and gas database; you can then search by county, township ...
Longevity of a well11/3/2009David Traugott
  Q: Mr. Traugott, I have mineral rights, I inherited, on some land in McClain County, Oklahoma. An oil ...
  A: The data that the oil companies use to research areas for potential exploration activities is ...
Longevity of a well11/3/2009Frederick M. Scott CMM RPL
  Q: I have mineral rights on some land in McClain County, OK. An oil production company began drilling ...
  A: KB, if you'd shared with me the legal description of where this well is, I probably could have given ...
Online Mineral Deed Forms11/2/2009Frederick M. Scott CMM RPL
  Q: My ailing grandfather owns mineral rights that he would like to deed to my grandmother. He was told ...
  A: Reid, there are in fact many companies selling ready-made deed forms online. I searched for "mineral ...
mineral rights11/1/2009Alan H. Coogan
  Q: Mr. Coogan, My wife and I own 5 acres just outside the Springfield, IL city limits. When I bought ...
  A: Your situation is covered by Illinois law--you need to consult a Illinois real property attorney. ...
Royalties - North Dakota11/1/2009Laura M. FitzGerald, CPL
  Q: Just trying to figure out how the royalties are going to be paid for my father and his five ...
  A: Below is how you would calculate the estimated royalty revenue, based on the information you have ...
unleased royalty owner11/1/2009Frederick M. Scott CMM RPL
  Q: Mr,Scott If a gas company fails to get me to sign a lease and starts drilling without signing me ...
  A: George, it depends on what state you're in as to whether going unleased will benefit you, and in ...
selling mineral acres in Oklahoma10/31/2009Laura M. FitzGerald, CPL
  Q: I inherited mineral rights to some property in Oklahoma. A Land Company has sent an offer to ...
  A: John, This sounds low to me. Why don't you email or fax me over the property information and I ...
calculating gas royaly income10/31/2009Frederick M. Scott CMM RPL
  Q: Total unit is 187.66 acres and my portion is 91 acres production of first month was 34,217 mcf ...
  A: Short answer: Your gross check for first month's production would be about $15,555.49. The longer ...
Mineral LEase10/30/2009Laura M. FitzGerald, CPL
  Q: Wyoming Weston County--I own net 2 acres and have been notified they want to flood the land. What ...
  A: Sir, I am not familiar with the market in this area - I suggest you check with some of your ...
Oil and Gas Lease in Atoka, Ok10/30/2009Frederick M. Scott CMM RPL
  Q: Recently had a company interested in leasing 160 acres - Atoka- NW/4 of Sec 32, Township 2 North, ...
  A: Cathy, "Titan" is the only company I see currently leasing in Section 32 recently. St. Mary and ...
Entireities Clause in an Okla lease10/29/2009Laura M. FitzGerald, CPL
  Q: Can you give me a brief description of an "entireties clause" in an Oklahoma lease?
  A: The Entirety Clause found in some oil and gas leases benefits the Lessee to make it clear to the ...
Oil lease offer10/29/2009Frederick M. Scott CMM RPL
  Q: I received a lease offer for an mineral interest in Lincoln County, Oklahoma underlying the NW/4 of ...
  A: Joan, if the lease is for shallow depths only (get a depth clause in your lease) then the bonus is ...
oil/gas lease10/28/2009Alan H. Coogan
  Q: A friend of mine signed an oil/gas lease in 2008 and did not get paid for his entire acreage. Lease ...
  A: The lease is a contract. Typos are typically correctable. Also look for a correction clause, notice ...

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Questions by
Active Experts:
Alan H. CooganJames H. McConnell, CPLLaura M. FitzGerald, CPL
Frederick M. Scott CMM RPLDavid TraugottWilliam Hawk Howes
   

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