Tag: mineral rights

Newsletter Oil & Gas Listings, Free Data from LandGate

Oil & Gas Listings, Free Data from LandGate

Are you still paying for a data subscription every month? LandGate recently added Alaska to our nationwide coverage of free oil and gas well, permit, geologic, location, and production data. View the data along with current deals on our user friendly marketplace map or dig deep into the information by running your own forecasts, reserves, …

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Mineral Owners How a Major Railroad Company Became a Big Player in the Oil Business

How a Major Railroad Company Became a Big Player in the Oil Business

Adam Smith is credited with the quote “Land is the Basis of all Wealth”. And we know a few railroad companies that would agree. In a recent oil and gas leasing class, we discussed different types of oil and gas mineral ownership in the United States, such as Federal, State, Tribal, and private ownership. And …

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Industry University of Texas’ PETEX® Collaborates with LandGate

University of Texas’ PETEX® Collaborates with LandGate

The University of Texas at Austin PETEX® has selected LandGate Corp to conduct classes for professionals beginning in 2021, teaching Energy Resource Fundamentals. PETEX®, a unit of the Cockrell School of Engineering at the University of Texas, is the worldwide leader in professional energy training.  PETEX® is responsible for training over 700,000 oil and gas …

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Mineral Owners Oil and Gas Lease Provisions Explained

Oil and Gas Lease Provisions Explained

Historically, mineral owners (“lessors”) and landmen/oil companies (“lessees”) spend most of their time focusing and negotiating the bonus payment, primary term and royalty provisions of an oil and gas lease. These provisions are important, but they represent only a small number of the important elements of the lease.  The following is a list and general …

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Industry Overriding Royalty Interest Explained

Overriding Royalty Interest Explained

Here at LandGate, we welcome every call and online inquiry. 90% of the oil and gas-related calls we receive are from mineral rights owners that want to know what their minerals are worth or want us to market their minerals for lease or sale. Last week, a caller wanted to know if we could tell …

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Industry Understanding Oil and Gas Mineral Lease Bonus

Understanding Oil and Gas Mineral Lease Bonus

At LandGate, our clients often ask if they should demand a higher oil and gas mineral lease bonus payment or a higher oil and gas royalty when negotiating an oil and gas lease. That’s a great question. Not all mineral rights owners are in the same financial situation. So, although this is a lease bonus …

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Mineral Owners Understanding Oil & Gas Mineral Royalties

Understanding Oil & Gas Mineral Royalties

At LandGate, our clients often ask if they should demand a higher oil and gas lease bonus payment or a higher oil and gas royalty when negotiating an oil and gas lease. That’s a great question. Not all mineral rights owners are in the same financial situation. Although this is a royalty discussion, lets first …

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