Energy Industry (Oil & Gas)/Expert Profile

Frederick M. "Mick" Scott

U.S.
On Vacation
returns 06/04/2012
Expertise

I can answer questions about oil and gas leasing, give suggestions on negotiating a good oil and gas lease, and suggest ways on how to best deal with the oil and gas companies or their representatives. I can answer questions about buying and selling mineral rights. I can help with questions concerning forced-pooling, correlative rights, deeds and conveyances, and "post-production" costs. I am most experienced with Oklahoma properties and laws, but am able to answer questions concerning other oil and gas producing states in many cases.

Experience in the area

I am a Certified Professional Mineral Manager (CMM) certified by the National Association of Royalty Owners (NARO) in Tulsa, OK. I am also a Registered Professional Landman (RPL) with the American Association of Professional Landmen (AAPL). I have managed my family's oil and gas properties in Oklahoma for over 10 years and have dealt with many landmen, title analysts, attorneys and other oil and gas professionals in the process. I have written articles of interest to mineral rights owners which have appeared in various industry magazines and newsletters. I have negotiated and drafted leases, prepared deeds, affidavits, and other legal instruments relating to my own minerals, as well as performed title, legal research, and curative work for same. I have acquired a good deal of knowledge on the subjects of oil and gas law, mineral appraisal, and land and title work over the past ten years, and have also worked as a professional landman. I've seen the business from "both sides" and therefore feel confident I can help out most of the folks who ask questions in this forum.

Publications

National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, The Mineral Hub , Landman Magazine, and several royalty owner association group's newsletters.

Education/Credentials

NARO, NADOA, AAPL

Something interesting about this subject that others may not know:

A gallon of milk (still) costs more than a gallon of oil.

Average Ratings

  • Rating N/A
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  • Response Time(hr) 34.1
  • Response Time(hr, last 90 days) 56.8
  • Number of Questions Today 0
  • Max Questions to be Asked in a Day 1
  • Total Questions (since joining AllExperts) 612
  • Volunteer Since 2007-07-01
  • Prestige Points N/A

Recent Answers from Frederick M. "Mick" Scott

2012-05-13 minerals & rolalty's:

Check the court clerk's records in the county where the case was decided. Outcome should be there. You could also contact the attorney who tried the case.     You could also probably just "Google" the

2012-04-25 Oil lease %:

You can't "renegotiate" the terms of the current lease. 3/16 is a common royalty, so I'd say it's "fair." Your current lease will continue until there is no longer any production on the leased premises

2012-04-24 Mineral Lease in Okla:

$1000/acre? Sounds pretty good to me for this area, but it's probably because there have been at least a couple of pretty decent oil wells in Section 29, which is adjacent to your section on the SE. The

2012-04-22 Divide County ND Activity:

I sold some mineral rights in your same township a few months ago for over $2000/acre for a family who contacted me through The Mineral Hub. Not sure if that's still the going rate or not.     I agree

2012-04-12 leasing:

Not too familiar with Erie County, PA, but you might find my Leasing Tips article helpful in your negotiations.    

 

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