How Do I Know If My Texas Oil, Gas And Mineral Lease Terms Are Favorable To My Interests?
If you question whether the terms of your Oil, Gas, and Mineral Lease are favorable to you after you have already executed the lease presented to you by the operator or their landman, they are not favorable to you. This is especially true if you did not have legal representation.
Do not just accept the Oil, Gas, and Mineral Lease presented to you by the operator or their landman. The operator’s form lease is extremely favorable to them and can cost you substantially in the signing bonus and expenses against your royalty. A mineral owner should negotiate a favorable signing bonus as well as reducing (if not eliminating) the expenses attributed against their royalty throughout production. This can substantially increase the amount of royalty that you ultimately receive from production.
For more information on Oil And Gas Mineral Lease Terms In Texas, an initial consultation is your next best step. Get the information and legal answers you are seeking by calling (210) 824-4001 today.
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