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Oil & Gas Title Opinions
Wyoming Oil and Gas Title Opinion LawyersA title opinion is crucial to the protection of an oil and gas production company considering leasing drilling rights from owners of valuable mineral rights or for companies acquiring existing production. For a title opinion regarding oil and gas rights anywhere in Wyoming, Colorado, Kansas, Montana, North Dakota, or South Dakota, contact the Throne Law Office. Ownership of mineral rights, independent of ownership of surface rights, may be distributed among several parties. Each owner may execute a lease to convey their rights to a different oil and gas company. Those rights may be further subdivided when companies enter into agreements among themselves, or convey a percentage of the proceeds to engineers and key personnel as a part of their compensation package. However, since only a limited number of wells can be drilled on a parcel of land, there is substantial risk to the oil and gas production company which is about to assume the costs of production.
The title opinion lawyers at the Sheridan, Wyoming-based Throne Law Office are experienced in dealing with oil and gas law issues such as complex ownership of mineral rights, well density, royalty agreements, surface access rights, and who is responsible for production expenses. To arrange for a title opinion for your lease or project, contact the Throne Law Office today.
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The information you obtain at this site is not, nor is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own situation. Copyright © 2008 by Throne Law Office. All rights reserved. You may reproduce materials available at this site for your own personal use and for non-commercial distribution. All copies must include this copyright statement. |