How Falling Oil Prices Affect Overriding Royalty Interest

Falling oil prices are being felt across the country and overseas. In addition to oil and gas discovery, production and refinement workers, investors and landowners are feeling the dry spell too. Overriding royalty interest (ORRI) payments, or the royalty payments made above and beyond standard royalty payments to investors, are dwindling alongside quickly declining oil… Read more »

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Will an Oil Rig on My Property Be Invasive?

Choosing to lease or sell the mineral rights to your property takes time. As you question the process, you may wonder how having an oil rig on your property will affect your day-to-day life. After all, giving an oil and gas company the green light to mine below your home and land means they’ll have… Read more »

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How to Sell Mineral Rights: What to Know Before Selling

You’ve been approached by a landman from an area oil and gas company. He’s interested in buying the mineral rights to your property and you think it’s a good idea. But, what exactly goes into the sale beyond signing the contract and welcoming the company onto your property to begin excavation and production? What Are… Read more »

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How to Negotiate Oil and Gas Lease Terms

You’ve been approached by a representative or landman from a local oil and gas producer to explore and extract mineral deposits from the land beneath your home. He’s discussing leasing options on the mineral rights to your property. But, what does that mean? And, how should you approach this opportunity? Sure, it may seem like… Read more »

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