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About Laura M. FitzGerald, CPL
Expertise
I can answer all questions related to any oil and gas leases, mineral sales, pipeline right-of-ways, LA Dept of Conservation Units; negotiating with landmen for leasing your property, assisting in locating owners of suspended funds.

Experience
26 years in the field and owning my own land services company; being a royalty owner, and participating in drilling wells

Organizations
American Association for Professional Landmen, ArkLaTex Assoc. of Professional Landmen, and Dallas Association of Professional Landmen (DAPL), Women's Business Enterprise National Council (WBENC)

Education/Credentials
Certified Professional Landman, attended LSU, Notary Public

 
   

You are here:  Experts > Industry > Oil/Gas > Oil/Gas > OIL/GAS LEASE ADMENDMENT

Oil/Gas - OIL/GAS LEASE ADMENDMENT


Expert: Laura M. FitzGerald, CPL - 10/8/2009

Question
I currently have my land(5 acres) lease to EOG in Parker County, TX.  They want to amend my lease to remove the verbaige of "Pool-All" . The back 30 feet of the property are supposly out of the pool and they want me to amend so it will not be including in the royality payments.  My question is, if i choose to sign the amendment do I have the right to ask to be fairly compensated?

Answer
In order for me to draw a conclusion on this and determine what your rights are - I must review the lease in its entirety.  In the alternative, the landman asking you to execute the amendment should explain all this to you. That is the obligation he has to you.  

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