To facilitate management, limit fractionalization, or for the purpose of avoiding probate, there seems to be an increasing frequency of mineral and royalty interests being transferred into family or intervivos … Continue reading “TRANSFER OF MINERAL AND ROYALTY INTERESTS INTO A TRUST”
Category: Oil and Gas Forms
NOTICE OF EXCLUDED INTERESTS AND A TRANSITION AGREEMENT
Kanes Oil and Gas Forms available at www.Kanesforms.com includes forms of Purchase and Sale Agreements, Assignments, Conveyances, and Deeds, all of which can be used in or adapted to a … Continue reading “NOTICE OF EXCLUDED INTERESTS AND A TRANSITION AGREEMENT”
COMMINGLING PRODUCTION FROM DIFFERENT DEPTHS
It is not uncommon to encounter situations where the leasehold ownership under a Lease varies, depending on depth. One owner owns depths from the surface of the ground to a … Continue reading “COMMINGLING PRODUCTION FROM DIFFERENT DEPTHS”
SURFACE USE DAMAGES
As the dominant estate, the owner or lessee of the mineral estate, in Texas, has the right to make use of as much of the surface as is reasonably necessary … Continue reading “SURFACE USE DAMAGES”
OIL AND GAS FORMS
There are no “standard” oil and gas forms, but the documents used to transfer mineral, royalty, and leasehold interests, and deal with those interests, have not changed significantly in the … Continue reading “OIL AND GAS FORMS”
FORMS OF OIL AND GAS LEASES
There is no “standard” form of oil and gas lease. Many believe a “Producer 88” is a standard form lease. This is not true. The story (or legend) concerning the … Continue reading “FORMS OF OIL AND GAS LEASES”
FAVORED NATIONS PROVISION
It is not uncommon that a mineral owner is approached by a landman or oil company, requesting the landowner to execute an oil and gas lease, as lessor. The lessor … Continue reading “FAVORED NATIONS PROVISION”
DIVISION ORDERS
Division Orders have long been used as a means of identifying ownership and documenting the payment of royalty on sales of oil and/or gas by the purchaser of production, or … Continue reading “DIVISION ORDERS”
