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Oil/Gas/Federal Land Bank Mineral Rights & Royalties

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Question
Does the Federal Land Bank retain mineral rights after a farm loan has been paid off? If mineral rights are to be returned to the property owner, how I can I find out if the Federal Land Bank is receiving royalties for property I own in Blaine County Oklahoma?

Answer
You must read the deed that was signed by the "seller" as part of the closing when the loan was taken out to see if the minerals were severed from the surface in that transaction. I am not aware of any federal program ever enacted that allowed the Federal Land Bank to retain, or be conveyed, mineral rights on behalf of the BLM as part of a Federal Land Bank loan, but I could be wrong.  To find out if the Federal Land Bank is receiving royalties for your property in Blaine County, go to http://www.occ.state.ok.us/Orawebapps/OCCORaWebAppsone.html then click on "New Well Browse Database".  In the "Location" section of the pop-up screen, select "Blaine" for the County, then enter the Township & direction, Range & direction, and Section where your land is located.  This will give you a report of the wells on your land. From there you will find out who the operator is for any well producing on your land and contact the Division Order Department in that company to ask them why you are not receiving royalties from that well.  They should be able to tell you if they are crediting the BLM with any part of the royalties from your land.  It could also turn out that you are credited with the royalty in their records, but there is some kind of title requirement that you need to work with them to resolve before they can issue payments to you.  Good luck, and let me know if you need any additional help.

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Marsha Breazeale, M.Ed., CDOA, CPLTA

Expertise

All questions regarding division orders; ownership decimal calculations; title ownership and payer record changes (testate/intestate inheritance; deed; assignment; court order); oil and gas lease analysis for record-keeping and purposes of payment by operator or payer; pooling, horizontal wells, horizontal well allocation units; unclaimed property reporting; royalty owner relations questions. All questions concerning administration of surface land contracts and payment questions, such as for Surface Right-of-Way, Sub-Surface Right-of-Way, Easement, Surface Use Agreement. All questions regarding industry-standard and company-specific policies that affect land owners.

Experience

Sr. Staff Division Order Analyst. Certified Division Order Analyst (CDOA, National Association of Division Order Analysts) and Certified Lease Analyst (CPLTA, National Association of Professional Lease and Title Analysts) with 35 years of experience as a combination division order analyst and lease analyst in exploration and production in the oil and gas industry.

Organizations
National Assoc. of Division Order Analysts (NADOA), National Association of Division Order Analysts (NALTA), American Association of Professional Landmen (AAPL), American Society of Trainers and Developers (ASTD)

Publications
"How an Oil & Gas Exploration & Production Company Operates" and "Principles of Oil & Gas Lease Analysis: Standard Clauses", Oil Patch Press; Articles in NADOA Magazine; LandFocus EDU Professional Training Manuals

Education/Credentials
B.A.in Management from Our Lady of the Lake University in San Antonio; M.Ed. in Instructional Design from WGU Texas.

Past/Present Clients
Past 15 years: GeoSouthern Energy Corporation; Contango Oil Co./Crimson Exploration & Operating Inc.; Apache Corporation; BP America; Marathon Oil; Newfield Exploration

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