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Expert Profile: Frederick M. Scott CMM

Expertise:  I can answer questions about oil and gas leasing, and give suggestions on how to respond and what to expect when contacted by an oil company or their representative offering to lease your minerals. I can answer questions about selling your minerals, or buying other people's minerals. I can also answer questions concerning forced-pooling, correlative rights, deeds and conveyances, and the infamous "post-production" costs that are often deducted from royalty checks. 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 and have dealt with many landmen, 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 have acquired a good deal of knowledge on the subject of oil and gas law and landwork in general in the process.

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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
Prestige Points: 7900
Knowledge   9.97   Best of the best
Clarity of Response   9.95   Best of the best
Timeliness   9.97   Best of the best
Politeness   10.0   Best of the best
Number Of Questions Today
(GMT time)
1
Max Questions to be Asked
(Per Day, in GMT time)
1
Total Questions
(since joining AllExperts)
487
Recent Reviews from Users
KnowlClarityTimePolitenessDate
1010101007/03/09
1010101006/30/09
10101006/25/09
1010101006/26/09
1010101006/25/09
User Comments
Very helpful, answered all 3 of my questions in detail. Nice to have an expert answer questions, giving freely of their time and knowledge. A huge t
(Jeffrey W. Heebner on 06/30/09)
My main question was why should we limit the lease to petroleum and natural gas and related hydrocarbons produced in association with oil and gas. Th
(David on 06/25/09)
The information provided was detailed, and exactly what I needed--Thank you very much!
(Jim on 06/26/09)
Thank you so much for tje information.
(Carol on 06/25/09)
View All Comments
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Recent Answers from Frederick M. Scott CMM
2009-06-30  West Virginia Lease Offer Debra, if possible, I'd get together with the other heirs and negotiate as a group; perhaps choosing someone to represent you from among the heirs, or even hiring an attorney or landman to represent the...
2009-06-27  Ratification of Oil and Gas Lease Amanda, it's not too terribly unusual these days (unfortunately) for lessees to either not pay on time, or to ask the lessor (you) to accept a lesser payment. Oil companies, especially the ones that...
2009-06-26  Mineral Rights Lease Jeffrey, in areas where there is lots of competition for leases, it is not uncommon for companies to offer to "top lease" a current lease. To find "competitive quotes" you could call some of the other...
2009-06-23  Texas Paid up Oil and Gas Lease David, the lease is probably titled "OIL, GAS, AND MINERAL LEASE" or something similar. If you like you can cross out the word "mineral" and replace it with the words "associated hydrocarbons." This would...
2009-06-22  Blaine County, OK Lease Renewal Offer Jim, Chesapeake just completed the Mark #1 well in Section 2 last December. They also have drilled and completed as producing wells several others in that same section, and other sections surrounding your...
More Answers for "Oil/Gas"


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