I have received a lease for oil, gas and minerals ,on land that is owned
The $500/acre is a bonus payment that you'll be paid at the signing of the lease. The royalty percentage will be your share of the oil and gas...
Fort Worth, TX
Oil and gas Lawyer at Fort Worth, TX
Practice Areas: Oil & Gas, Energy & Utilities ... +2 more
The $500/acre is a bonus payment that you'll be paid at the signing of the lease. The royalty percentage will be your share of the oil and gas...
Short answer is that an oil and gas producer can require you to sign a Division Order before distributing royalty proceeds in Texas. A Division...
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You absolutely need to talk to a lawyer about this ASAP. Everything will depend on the language of the PSA and your unique situation, and I can’t...