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Oil & Gas Title Opinions

Throne Law Office - WY Oil & Gas Title Opinion Attorneys Sheridan Wyoming Natural Resources Law Firm

Wyoming Oil and Gas Title Opinion Lawyers

A 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.

Throne Law Office - Wyoming Oil & Gas Legal Opinion Lawyers Sheridan Wyoming Natural Resources Rights Attorney Prior to drilling a well, an oil and gas production company needs an experienced mineral rights title opinion lawyer to determine ownership and leases that may entitle other parties to an interest in the oil or gas produced by the well and any royalties due. Under Wyoming law, an oil and gas production company that does not pay royalties within a specified time must pay the owner 18% interest in addition to the royalties owed.

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.

The oil and gas lawyers at the Throne Law Office represent clients before the Oil and Gas Conservation Commission in Wyoming as well as providing oil and gas title opinions in Wyoming, Montana, North Dakota, South Dakota, Colorado, and Kansas. Please also visit our other informational Web site at www.thronelaw.com.

Sheridan Wyoming Oil & Gas Lawyers Tom Throne and Michael James WY  
 
2 North Main Street, Suite 402
P.O. Box 1056
Sheridan, WY 82801
Phone: (307) 672-5858
Fax: (307) 674-6104
Map & Directions • E-mail
Hours: 8 a.m. to 5 p.m. Monday through Friday

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.

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