Resources For Owners

“Oh, you know, we just like the area…”

Operators will typically ask mineral owners to sign “Division Orders” (DOs for short). But what is a division order and what’s its purpose?

The short answer is, it’s complicated.

Most mineral deeds have some language to the effect of:

“If it’s worth that much to you, then it’s worth at least that much to me.”

Many owners wonder what’s a “good” oil and gas lease royalty is. It depends on several factors, but in general you should be able to lease your oil and gas mineral rights for be…

Most mineral rights purchase and sale agreements follow a basic pattern. They will start with introductory front-matter (who the parties are, recitals as to why the parties are …

A few years ago, a new tactic popped up as a way to get unsuspecting sellers to part with their minerals: oil and gas “leases” that were actually royalty deeds.

Here’s the truth: if one company wants to buy your minerals, there’s a very good chance other companies do as well. But many companies don’t want you shopping around or comparin…

If you own minerals, chances are you’ve received a bank draft. It’s usually attached to the bottom of a letter and looks like a check. But it’s actually a contract. When you dep…

Why does my deed say that the purchase price is “$20 and other good and valuable consideration”? The purchase agreement says $100,000!

Understanding royalty checks from an operator can be a nightmare for many oil and gas owners. A good understanding of these checks is key to comprehending the risks and expectat…