September 27, 2023

What is Integrated Oil and Gas Production: Definition, Companies & Operations

What is Integrated Oil and Gas Production: Definition, Companies & Operations

Integrated oil and gas production is a pivotal cog in the energy sector wheel, representing a multi-tiered approach to sourcing, refining, and distributing energy. As we delve into the specifics, this comprehensive guide....

September 27, 2023

What is an Oil and Gas Lien: Definition, Types, Fillings and Rights

What is an Oil and Gas Lien: Definition, Types, Fillings and Rights

In the vast energy landscape, oil, gas, and mineral liens serve as a cornerstone for the protection and facilitation of interests within the oil and gas industry. These liens, while complex in nature,....

July 24, 2023

The Royalty Clause in Oil and Gas Leases: A Comprehensive Guide

The Royalty Clause in Oil and Gas Leases: A Comprehensive Guide

Oil and gas leases are complex legal agreements with substantial financial implications. A key aspect of these agreements is the royalty clause, a section that lays down the terms for financial compensation to....

June 30, 2023

Exploring Granting Clauses: A Must-Read Guide for Oil and Gas Lease Agreements

Exploring Granting Clauses: A Must-Read Guide for Oil and Gas Lease Agreements

The world of oil and gas lease agreements can be complex and nuanced, with one critical component being the granting clause. This provision plays a central role in defining the legal relationship between....

June 30, 2023

Breaking Down Entireties Clauses: The Essential Guide for Oil and Gas Leases

Breaking Down Entireties Clauses: The Essential Guide for Oil and Gas Leases

In the complicated world of oil and gas leases, understanding the legal terminologies and their implications is crucial. One such terminology is the "entireties clause". This guide delves deep into the realm of....

June 30, 2023

Shut-In Clauses in the Oil and Gas Industry: How Does a Shut-in Clause Work

Shut-In Clauses in the Oil and Gas Industry: How Does a Shut-in Clause Work

As the sun dips below the horizon, oil and gas fields continue to pulse with life, their skeletal steel structures working tirelessly to tap into the treasures of the Earth. But even in....

June 07, 2023

How to Calculate Oil and Gas Royalty Payments?

How to Calculate Oil and Gas Royalty Payments?

The oil and gas industry is still far from being tapped to its maximum, and vast wealth is waiting to be explored. However, knowing how to calculate royalty interest oil and gas is....

June 06, 2023

Oil And Gas Law: Oil and Gas Production Laws in The United States

Oil And Gas Law: Oil and Gas Production Laws in The United States

The oil and gas industry is well-regulated at different levels of government. This is mostly achieved thanks to the oil and gas law. We will be having an in-depth look at the oil....

June 06, 2023

What Is Pooling in Oil And Gas: Definition, Types & Units

What Is Pooling in Oil And Gas: Definition, Types & Units

Oil and gas pooling is an exciting practice that brings great industry players together to achieve more. It's a compelling strategy that has been growing more momentum and reshaping the landscape of oil....

May 08, 2023

What is a Mineral: Definition, Formation, Structure & Classification

What is a Mineral: Definition, Formation, Structure & Classification

Minerals are all around us and make up the building blocks of the world we live in. But what exactly is a mineral? In this post, we will explore the definition of a....

March 27, 2023

Dry-Hole Clause: Definition, Applications, Limitations & Common Mistakes

Dry-Hole Clause: Definition, Applications, Limitations & Common Mistakes

When it comes to an oil and gas lease, there are some different clauses that come into play and the dry hole clause is one of them. The dry hole clause is associated....

March 27, 2023

Oil and Gas Agreements and Contracts

Oil and Gas Agreements and Contracts

Oil and gas agreements and contracts form the backbone of the energy industry. They provide a legal framework for the exploration, extraction, and transportation of oil and gas resources. Oil and gas agreements....

March 23, 2023

What Is The Correlative Rights Doctrine and How Is it Related to the Rule of Capture?

What Is The Correlative Rights Doctrine and How Is it Related to the Rule of Capture?

The correlative rights doctrine is a very important legal doctrine that determines the rights of owners to a common reservoir based on the land owned. It is put in place to prevent overproduction....

February 28, 2023

Habendum Clause in Oil And Gas: Definition, Purpose and Restrictions

Habendum Clause in Oil And Gas: Definition, Purpose and Restrictions

The habendum clause is the part of a contract that is associated with the interests, property rights, and other related aspects of ownership that are handed over to one of the parties to....

February 28, 2023

What is a Pooling Clause in an Oil and Gas Lease?

What is a Pooling Clause in an Oil and Gas Lease?

If you ever have to sign an oil or gas lease there may be some terms you’re unfamiliar with. It is in the best interest of a landowner to read and thoroughly understand....

February 07, 2023

Rule Of Capture in Oil And Gas: How is it Related to The Correlative Rights Doctrine

Rule Of Capture in Oil And Gas: How is it Related to The Correlative Rights Doctrine

Typically, modern mineral rights ownership is not without its complex issues. In the United States, property is everything. The ability to own property sets Americans apart. It is also worth noting that the....

January 09, 2023

How are Oil and Gas Measured?

How are Oil and Gas Measured?

In the United States, the domestic oil and natural gas industry use very specific measures and units. These units have been used since the industry began and have been retained and expanded upon....

January 08, 2023

Pugh Clause in Oil And Gas Lease: Definition and Types

Pugh Clause in Oil And Gas Lease: Definition and Types

Named after Lawrence Pugh, a Crowley Louisiana attorney who developed the clause in 1947, the Pugh clause may turn out to be a tripwire for unaware investors in an oil and gas lease....

December 15, 2022

What is Top Leasing in the Oil and Gas Industry?

What is Top Leasing in the Oil and Gas Industry?

Top leasing oil and gas is a term that refers to a scenario in which an oil and gas lease is implemented on land with an existing lease. The term refers to a scenario when....

December 02, 2022

Oil, Gas And Mineral Lease Clauses – 36 Most Important Ones

Oil, Gas And Mineral Lease Clauses – 36 Most Important Ones

Oftentimes, oil gas and mineral leases (OGML) - which exist between the production company that holds the lease of the minerals (the lessee) and the mineral rights owners that leases the minerals (lessor)....

February 16, 2022

What are Division Orders and How Do Decimal Interest Work?

What are Division Orders and How Do Decimal Interest Work?

Mineral rights are entitlements that grant an owner access to any underground mineral resources. This allows them to explore and exploit these resources. These rights are often sold separately from the land in....

February 16, 2022

What is Surface Use Agreement and How Does It Work

What is Surface Use Agreement and How Does It Work

As previously discussed, Mineral estates rights dominate surface estates rights when it comes to mineral exploration and drilling. As such, mineral rights owners may use all the surface estates for mineral production without....

January 25, 2022

What is Oil and Gas Leasing and How does it Work?

What is Oil and Gas Leasing and How does it Work?

Oil leases are agreements between an oil and gas company known as the lessee and mineral owners known as a lessor, in which the lessor grants the lessee the permission to explore, drill,....