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I can answer questions about oil and gas leasing, and give suggestions on negotiating a good oil and gas lease and how to best deal with oil companies or their representatives. I can answer questions about buying and selling oil and gas royalty or 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.
I am a Certified Professional Mineral Manager (CMM) (certified by the National Association of Royalty Owners in Tulsa, OK) and have managed my own oil and gas properties in Oklahoma for over 10 years. I have dealt with many landmen, attorneys, and other oil and gas professionals in the course of doing so. I am also a member of several professional associations and have written articles of interest to royalty owners which have appeared in several industry publications. I have prepared deeds, title work, and done curative work for my own minerals; and have acquired a good deal of knowledge on the subject of oil and gas law and landwork in general in the process. I am the owner of Timbercreek Mineral Company, LLC; which was formed as a vehicle to better manage family minerals, and as a way to facilitate the buying and selling of oil and gas rights for other people.
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, Landman Magazine, and several royalty owner association group's newsletters.
NARO, NADOA, AAPL
A gallon of milk (still) costs more than a gallon of oil.
| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Judy | 11/23/09 | 10 | 10 | 10 | 10 | Scott went above and beyond to help ..... |
| Andrea | 11/20/09 | 10 | 10 | 10 | 10 | I want to thank Mr. Scott for ..... |
| Robert | 11/16/09 | 10 | 10 | 10 | 10 | Thank you so much for your help ..... |
| Marti | 11/06/09 | 8 | 8 | 8 | 10 | Thank you Mr. Scott. I think this ..... |
| Ed | 09/21/09 | 10 | 10 | 10 | 10 | I certainly appreciated the timely response, and ..... |
Mike, while I'm not "super familiar" with lease bonus amounts in the area where your minerals are, I think that's a low bonus offer, and I'll tell you why. EOG completed a producing well (2008) in Section
Andrea, likely they will not "rewrite" the lease in "layman's terms" for you. This is not to be "mean" but it's generally just not done. I think the landman who has contacted you about leasing could probably
Lawrence, I would think in that area that buyers will have differing opinions as to their worth. Frankly some would pay more than others due to the varied production in that general area. My guess would
Lawrence, you didn't give me a legal description, which I would have preferred, but my guess for SE Washita County would be $500 per acre and 3/16 these days. There was a pooling for $1000 per acre in
Robert, I would hire a mineral appraiser if you can find one. Most major oil producing states have at least one mineral appraiser listed in the phone books of their major cities. Alternatively, someone
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