Oil/Gas/Expert Profile
Expertise
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.
Experience in the area
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 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 manage family mineral interests, and as a way to facilitate the buying and selling of oil and gas interests for other people.
Organizations
NARO, NADOA, AAPL
Publications
National Association of Royalty Owners "Action Report" (ROAR); NADOA Magazine, Landman Magazine, and several royalty owner association groups newsletters.
Education/Credentials
NARO, NADOA, AAPL
Something interesting about this subject that others may not know:
A gallon of milk is (still) more expensive than a gallon of crude oil.
Average Ratings
Recent Reviews from Users
K = Knowledgeability C = Clarity of Response T = Timeliness P = Politeness| User | Date | K | C | T | P | Comments |
|---|---|---|---|---|---|---|
| Michael | 11/23/09 | 10 | 10 | 10 | 10 | If you're an out-of-state royalty owner you ..... |
| Myrel | 11/20/09 | 10 | 10 | 10 | 10 | |
| Mary OMalley | 11/17/09 | 9 | 9 | 10 | 10 | |
| George | 11/12/09 | 10 | 10 | 10 | 10 | You sir are great!!I can't thank you ..... |
| Jerry Bynum | 11/09/09 | 10 | 10 | 10 | 10 | Very good information in a timely manner ..... |
Recent Answers from Frederick M. Scott CMM RPL
2009-11-22 Offer to Sell in Beckham County OK:
Michael, $3000 per acre is not a bad offer. A couple of decent wells have been completed in the area fairly recently, but nothing super-spectacular that would justify a higher price (in my opinion.)The
2009-11-20 Ellis County, OK Lease Offer:
Ann, doesn't sound too bad to me really. There's not too much activity in that area currently. Chesapeake is doing most of the leasing around there currently, though ConocoPhillips was in there late last
2009-11-18 Inherited Mineral Interest:
If an individual sells land to someone, and also owns half the mineral rights under the land, but makes no mention of the minerals on the deed, then the minerals would be transferred along with the land
2009-11-17 Adding dependents to mineral rights:
Myrel, you will need to prepare a conveyance (quit claim deed, mineral deed etc.) granting the minerals to yourself and wife/children in equal shares, or in whatever shares you wished. This deed would
2009-11-16 Fort Worth TX Area Lease Bonus:
Dear "Frustrated"; the Barnett Shale has been declining in activity since the beginning of the year, and bonus amounts have indeed fallen quite a bit from their astronomical highs of last year. Frankly
Answers by Expert:
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