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Oil and gas leases allow real property owners to monetize the mineral rights tied to their land. In some cases, oil and gas leases result in active extraction efforts. Other times, the lease simply grants the right to explore and access mineral resources, but...
Property owners and energy companies in Oklahoma may find themselves at odds. Oil and gas companies may want to use certain land for the purposes of energy production. Meanwhile, private property owners will want to keep their property, which may have been in their...
Energy companies sometimes seek to drill on private land, which can trigger a series of decisions for landowners. Unfortunately, many landowners aren’t familiar with these matters. This can make it difficult for them to know exactly what they need to ask and what...
Oil and gas well operators often work to acquire new mineral rights and extract natural resources. Oil and gas well operations have the potential to be lucrative, but they also place numerous demands on business leaders. Compliance with the law is of the utmost...
Anyone who owns mineral rights should ensure they understand how their property can be combined with others for oil and gas development. Pooling and unitization are two ways that this can occur. Pooling refers to the joining of multiple mineral tracts so they can be...
When a well stops producing oil or gas, it can become an orphaned well. These wells pose environmental and safety risks, so the law places clear responsibilities on operators. If you're an operator, you can't ignore an idle well—you're on the hook for managing it...
When oil prices crash, storms shut down rigs or regulators delay permits, many energy companies turn to force majeure clauses for protection. But what happens when that clause doesn't hold up in court? Relying on this reason alone can leave you exposed. Texas courts...
Oil and gas leases are essential contracts in Oklahoma’s energy industry, granting companies the right to explore, drill, and produce oil and gas from a property. These leases can vary in structure depending on the terms agreed upon by the landowner and the lessee....
The Energy Policy Act (EPA) of 2005 has a big effect on oil and gas rules across the United States, including in Oklahoma. This law focuses on increasing energy production while also protecting the environment and public safety. Since Oklahoma produces a lot of oil...
Oil and gas contracts play a crucial role in the energy industry, but disputes often arise due to the complex nature of these agreements. If you’re dealing with a dispute, understanding the different methods of resolution can help you navigate the process more...