AboutLaura 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
Question I received a request to lease mineral rights on the West half (W/2, Block D,
H&TC Survey in Stonewall Co. TX. The terms are: $50. / net mineral acre
bonus, i/8 royalty for a 5 year paid up lease. I own the mineral rights for a
section on land and in the mid 1900 oil was found on the East side. The wells
are no longer producing. After researching on the internet, I turned down
the lease. The Land man has called back but I'm not sure what all to ask for.
I'm going to ask for a vertical and horizontal Pugh clause and limit it to gas
and oil.
I read to delete the Mother Hubbard Clause and the warranty of title???
How can I find out if other oil companies are drilling in the area. We live a
long way from there.
Any help you can give is very welcome. Thank you. Judy
Answer I can check numerous reports I receive to see who is operating in the area you own property in. I will be happy to do this for you.
Also, you did not mention how many net acres you own in the property. I also need this information.
If you would like for me to assist you with this, please call my office at 318-219-2464. If I am unavailable, you can speak with Amy Lewis and she can obtain the information so that I can research the area you own property in.
I will be happy to advise you of the activity in your area without any fees. Helping people is my reward.
