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Expert Profile: Frederick M. Scott CMM

Expertise:  I can answer questions about the terms and clauses contained in an oil and gas lease. I can answer questions about the oil and gas leasing process, and give suggestions on how to respond and what to expect when contacted by an oil company or their representative. I can answer questions about selling minerals. It seems some people prefer to sell rather than lease due to the apparent tax breaks. I can also answer questions about forced-pooling, correlative rights, conveyance (deed) interpretation, and deductions from royalties. 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 and have dealt with many landman, attorneys, and other oil and gas professionals in the process 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 and done title work and curative for my own minerals; and am pretty familiar with Oklahoma oil and gas law, and to a lesser extent, other state's oil and gas laws.

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Something interesting about this subject that others may not know:  A gallon of milk (still) costs more than a gallon of oil.
Average Ratings
Prestige Points: 2110
Knowledge   9.83   Best of the best
Clarity of Response   9.81   Best of the best
Timeliness   9.84   Best of the best
Politeness   10.0   Best of the best
Number Of Questions
(in Past 24 Hours)
0
Max Questions to be Asked
(in 24 Hour period)
1
Total Questions
(since joining AllExperts)
184
Recent Reviews from Users
KnowlClarityTimePolitenessDate
1010101008/16/08
1010101008/10/08
1010101008/10/08
1010101008/11/08
101008/10/08
User Comments
Thank you very much for the quick response and thank you for being a volunteer so we may ask these kind of questions. It helped me very much.
(Rick Robot on 08/16/08)
Mr. Scott's answer helped a great deal and he was very fast in responding to my question. Thanks so much for your help.
(Chris on 08/10/08)
Thank you so much for getting back with an answer so quickly. I really appreciate it.
(Kathryn on 08/10/08)
Thank you for your help and advice.
(Frank Hyatt Jr. on 08/11/08)
Thank you very much for the response.
(Anita on 08/10/08)
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Recent Answers from Frederick M. Scott CMM
2008-09-03  Austin County, TX Lease Offers Theresa, those two companies are about the only two leasing in your area as far as I can tell. However Gasper Rice Resources, Ltd. has "renewed" some leases in that area recently. You might contact them...
2008-09-02  Gas Lease in Erie County, PA Jon, likely the company is wanting to drill a deeper gas well, and they want to include your minerals in their proposed unit. The fact that there is a well on your property likely has no bearing, unless...
2008-09-01  Selling Minerals in New York Chad, yes, NE Pennsylvania and even southern New York state are becoming "hot." If you've got some land you're going to buy, or have already purchased, and are wanting to sell the minerals, email me the...
2008-08-16  Searching for Family Minerals...Where to Start? Vemelle, apart from looking through any old papers of your grandfather's you have lying around, I'd suggest checking the courthouse records in the counties you suspect he may have owned minerals in. Most...
2008-08-14  Duchesne County, Utah Activity Mary Ann, Berry Petroleum Company has received "a ton" of drilling permits for some shallow wells in the last year. Most are to be about 6000 feet deep. None however, are permitted for your township of...
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