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Oil and gas law involves resolving disputes over royalties or mineral ownership, examining and negotiating oil and gas contracts, and preparing and reviewing title opinions for producers and mineral owners.
Disputes between mineral owners and production companies can involve disagreements over royalty payments or fair market value of oil and gas. Mineral ownership issues can arise when mineral rights have been improperly conveyed during purchase or at death causing multiple people to have a claim to the same interest. Disputes such as these often result in litigation so it is important you have an experienced professional representing your interests.
Oil and gas contracts and leases are legal agreements between mineral owners and production companies. These documents can often be complicated and confusing if you are not an oil and gas professional. Negotiating these agreements requires considerable experience and knowledge of current oil and gas practices.
Title opinions are in depth written reports created for both producers and mineral owners prior to drilling an oil or gas well. Title opinions involve extensive research into the history and ownership rights of the land. Title opinions also recommend actions that need to be taken to remove clouds from title and resolve other ownership issues. Often there may be hundreds of people who have a share in an oil and gas well so it is imperative that title opinions are done by experienced professionals.
The oil and gas industry is the backbone of Oklahoma’s economy and the experienced attorneys at Hartsfield & Egbert Law Firm take great pride in helping mineral owners, land management companies, and production companies to protect their investments and prosper.