Aug Aug 16, 2017

Oil and Gas Law: Lease Bonus and Royalty Payments

By |2017-08-16T12:49:00+00:00August 16th, 2017|Oil Gas & Energy Law|Comments Off on Oil and Gas Law: Lease Bonus and Royalty Payments

If you own oil and gas rights under a tract of land, you may receive an offer from someone wishing to lease those rights. This offer will often come from a company who is interested in drilling for oil or natural gas. This party is called the Lessee. In your lease offer, you will see several different numbers. Two of these numbers are the "bonus" and the "royalty." Our oil and gas law attorneys [...]

Jun Jun 6, 2017

Oil and Gas Industry for Royalty Owners in Texas

By |2017-07-13T14:50:25+00:00June 6th, 2017|Oil Gas & Energy Law|Comments Off on Oil and Gas Industry for Royalty Owners in Texas

With the rise and fall of oil prices, many royalty owners are often asking, "What’s next?" But, before we get to some general ideas, we have to understand how we arrived at this point. The United States has long dreamed of a nation that is energy dependent and that drive will help drive oil off a cliff. America began producing shale oil at record levels at an average daily production of 9.65 million barrels [...]