I’m getting more and more calls and emails from landowners wanting advice about a lease they’ve just received from a landman or oil producer wanting to develop their land for oil and\/or gas production. These inquiries are a challenge because there are very few short answers. A proper “review and comment” on their lease would involve considerably more time than I can afford to contribute for free, which generally means more time than they want to pay for.<\/p>\n
The best short answer may be to click on over to the National Association of Royalty Owners Store<\/a> and order one or more of their publications. They’re a lot cheaper than an hour of my time. There are several excellent choices, from\u00a0Look Before You Lease<\/em> to\u00a0NARO’s Great Texas Lease Mark-Up\u00a0Handbook<\/em> and even\u00a0Oil and Gas Law in a Nutshell<\/em> which I think I have on a bookshelf somewhere around here. And, of course, there are a few comments about leases in previous articles in my blog; search for “landowner” or “producer’s 88” or “landowner’s guide”. Finally, don’t forget your friends Google, Bing, Yahoo, etc. They’ll lead you to other websites and blogs with a wealth of information.<\/p>\n","protected":false},"excerpt":{"rendered":" I’m getting more and more calls and emails from landowners wanting advice about a lease they’ve just received from a landman or oil producer wanting to develop their land for oil and\/or gas production. These inquiries are a challenge because … Continue reading