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Opening a royalty check often brings a sense of joy for mineral owners in Oklahoma. However, the joy is soon dampened when they see the final amount that is significantly lower than expected due to deductions. Knowing how these deductions work is one of the first...
A well inspection in Oklahoma can identify equipment, safety, environmental or recordkeeping violations that require prompt action. The steps an operator must take – and whether production can continue – depend on the violation, the applicable Oklahoma Corporation...
Discovering that a business partner may steal money or hide company assets creates serious risk. Prompt legal action helps secure account records and protect business property before money disappears. Unexplained adjustments to official financial records Unexplained...
Cross-boundary drilling puts Oklahoma well operators at risk. When a wellbore, lateral, or hydraulic fracturing operation crosses a lease line, it can lead to legal claims. These include trespass, conversion and unjust enrichment. Once production starts and revenue...
In Oklahoma, the mineral estate is typically the dominant estate. However, this dominance does not exempt mineral owners from following due process. Here is what you need to know about your rights as a surface owner. What is due process? Under Oklahoma law, a mineral...
When a business believes another individual or company caused financial harm through fraud, the dispute can become more complicated. A disagreement over a contract, missed payment or business transaction is not always part of a larger fraud scheme. In some cases, a...
Property with oil and gas rights can be a valuable asset, but legal problems can reduce its value and create expensive disputes. In Oklahoma, mineral rights, existing leases, title problems and environmental concerns can affect what a buyer actually owns after...
Restrictive covenants in contracts largely serve as deterrents to prevent misconduct. Vendors, independent contractors, business partners and employees for subject to restrictive covenants may avoid taking certain jobs, releasing non-public information or attempting...
Say you’ve found a tract with real oil potential, priced to sell. It feels like a rare opportunity, maybe even a turning point. But the land on the surface and the minerals underneath, including oil and gas, may not belong to the same person. Before you picture...
Oil and gas companies often secure leases from property owners with no immediate plans to erect a well or begin mineral extraction on their property. However, increased demand and other factors may lead to a decision to begin extraction efforts at a property that...