Oil and Gas Law

Maximizing Your Financial Return From Leasing Your Minerals

Monday, May 14, 2007
Contributed by: Thomas R. Dixon, Jr.

 

The Texas Panhandle is in the midst of an oil and gas boom. This means that mineral interest owners are having more opportunities than ever before to lease their minerals for oil and gas exploration. Some owners are even getting that opportunity for the first time ever or for the first time in many years. A "standard" oil and gas lease contains at least two pages of fine print written in "legalese" which is often confusing to the mineral owner and makes leasing minerals seem like a daunting task. Underwood's oil and gas lawyers, led by Thomas R. Dixon, Jr., have more than 30 years of collective experience in representing mineral owners. We are here to help you, the mineral owner, understand the lease form, and maximize your financial return from leasing your valuable minerals. We can help you understand the process and avoid the pitfalls of taking the first offer and signing that standard lease contract. Mr. Dixon can be reached at (806) 379-0305.

This column is published for informational purposes only. It should not be construed as legal advice and is not intended to create an attorney client relationship. The views expressed are those of the author and do not necessarily reflect the views of the author's law firm or its individual partners.