Oil And Gas

A Texas oil and gas lease can shape revenue, land use and future bargaining power for years. Lessors claim to use ‘standard’ forms, but most lease forms are drafted primarily for the benefit of the lessee, making careful review important before signing. A mineral...

When an energy company wants to develop minerals under your land, they will likely present you with a surface use agreement. This document dictates how much of your East Texas acreage the company can occupy and what they must pay for the disruption. While the law...

When an oil and gas operator in Texas files for bankruptcy, the legal and environmental consequences can extend far beyond unpaid debts. Many of these companies are tied to responsibilities that do not disappear with a court filing, especially when it comes to cleanup...

Oil and gas leases allow companies the legal right to extract mineral resources without imposing the financial obligation to purchase real property. Such arrangements help companies keep their operating costs reasonable. Smaller businesses tend to prioritize securing...

An oil and gas lease can be a mutually-beneficial arrangement. Property owners grant the right to establish oil and gas facilities on their land and earn passive income by doing so. Organizations in the oil and gas sector acquire new resources that they can develop as...

Real estate isn't just valuable as a passive investment or a source of income. It can also be a way to secure ongoing revenue for a household. For property owners in Texas, natural resources can significantly alter the value of their property. Texas is famous for...

In Texas' vast landscape, mineral rights ownership is a crucial aspect of property rights that carries significant implications for landowners, oil and gas developers and industry stakeholders. Anyone who owns mineral rights or is considering leasing them to...

When someone buys a house, he or she may assume the purchase price includes the land on which the house sits. They may also assume that the land they own includes both what is above the ground and what lies below. However, in Texas, this is not always the case....

Landowners and businesses negotiating a pipeline easement are looking to move forward with an agreement that best serves their interests. As such, it is important for all involved to carefully review the agreement and negotiate terms that meet their needs. Some of the...

Texas entrepreneurs who are interested in purchasing a business in the oil and gas industry are wise to conduct thorough due diligence before finalizing the transaction. The first phase generally involves gathering data. The selling party often has a sales brochure...