Oil Patch Press
Division Orders Clause in an Oil and Gas Lease
As of the current printing of this book, Texas is the only state allowing production revenues to be withheld from an owner, and interest...
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Oil Patch Press
- Aug 1, 2022
- 5 min
Cost-Free Royalty Clause in the Oil and Gas Lease
Leasehold royalty owners are exempt from bearing any of the costs of exploring, drilling, equipping, and producing oil or gas from the...
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Oil Patch Press
- Jul 18, 2022
- 3 min
Overpayments Clause in the Oil and Gas Lease
More than a few Lessors have experienced a demand by a Lessee to return signing bonus or royalties paid, when the Lessee discovers the...
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Oil Patch Press
- Jul 11, 2022
- 5 min
Nonparticipating Royalty Clause in an Oil and Gas Lease
Also called “NPRI” by analysts, a non-participating royalty gets its name from its non-participation in signing bonus, delay rentals,...
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Oil Patch Press
- Jun 27, 2022
- 3 min
Horizontal Payout Wells: Multiple Payouts Division of Interest Basics
Many horizontal wells are subject to multiple payouts, both contractually and statutorily. A new division of interest is required for...
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Oil Patch Press
- Jun 20, 2022
- 3 min
Horizontal Payout Wells: Initial BPO Division of Interest Basics
There are four basic types of data analyzed in order to create an initial revenue division of interest (DOI) for a horizontal well. This...
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Oil Patch Press
- Jun 13, 2022
- 4 min
Division Order Case Study: Correction Deeds
Correction deeds can be tricky, and can be processed incorrectly if the analyst doesn’t know what to look for. An experienced division...
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Oil Patch Press
- Jun 6, 2022
- 3 min
Pooling: Basic Comparisons between Texas, Oklahoma, and Louisiana Horizontal Wells
This week’s blog will focus on the high-level similarities and differences between the pooling processes in Texas, Oklahoma, and...
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Oil Patch Press
- May 30, 2022
- 5 min
Cross-Unit Horizontal Wells: Division of Interest Issues
A cross-unit horizontal well is one that begins in one pooled unit or non-pooled tract and ends in another pooled unit or non-pooled...
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Oil Patch Press
- May 23, 2022
- 4 min
Cimarex v. Anadarko: Declaration of Pooled Unit Case Study
Every division order analyst working Texas properties needs to be aware of a recent Texas court case that has changed the operator’s...
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Oil Patch Press
- May 16, 2022
- 3 min
Declaration of Pooled Unit: Operator’s Responsibilities Towards Third Party Leasehold Owners
As discussed in previous blogs, the Declaration of Pooled Unit (DPU) pools the leases within a geographical area that are owned or...
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Oil Patch Press
- May 9, 2022
- 3 min
Declaration of Pooled Unit (DPU): Important Components
Every producing state allows voluntary pooling of lands and mineral interests. The lesser grants permissions for voluntary pooling via...
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Oil Patch Press
- May 2, 2022
- 2 min
Horizontal Well Plat: Important Types and Plat Components
There are three types of plats most commonly used by a division order analyst in their work. These are the lease plat, proposed-drill...
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Oil Patch Press
- Apr 25, 2022
- 3 min
Division of Interest Transfers for Probate: Always Begin with the Documents
Changes to a division of interest (DOI) due to the passing of an owner appear deceivingly straight-forward. The three types of estate...
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Oil Patch Press
- Apr 18, 2022
- 4 min
Conveyance Division Order Transfers: Always Begin with the Granting Clause
Every producing well in which a company owns an interest must have a revenue division of interest (DOI) record created for it. If the...
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Oil Patch Press
- Apr 11, 2022
- 3 min
Division of Interest Spreadsheet Mania: What Format Is Best?
This question comes up often among new division order analysts, but experienced analysts ask it, too. The truth is, there is no “right”...
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Oil Patch Press
- Apr 4, 2022
- 4 min
Owner Number Records: Maintaining Accuracy and Consistency
One owner should have one owner number account, ideally. Not all systems today accommodate that suggestion, but certainly the most...
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Oil Patch Press
- Mar 28, 2022
- 3 min
Know the What and Why, Before Tackling the How
Years ago, desktop PCs did not exist in the land administration departments throughout the industry. They weren’t available yet. At...
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Oil Patch Press
- Mar 21, 2022
- 2 min
Basic Rules of Unclaimed Property Reporting
For the oil industry, there are only four basic rules for unclaimed property reporting, regardless of the state to which reporting and...
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Oil Patch Press
- Mar 14, 2022
- 4 min
Post-Production Deductions: Value of a Burdened DOI
Royalty reserved in an oil and gas lease never bears any part of the costs of exploring, drilling, equipping, and producing a well...
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