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Oil Patch Press
Mar 14, 20224 min read
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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Oil Patch Press
Mar 7, 20224 min read
Texas Probate Documents Case Study: Ambiguous Codicil
The packet of probate documents received by the company appeared straight-forward and complete. The probate of the Will had been...
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Oil Patch Press
Feb 28, 20223 min read
Texas Probate Documents Case Study: Intestate Estate in Texas
This case involves a deceased mineral owner under an oil and gas lease now in its secondary term and producing from three unitized wells...
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Oil Patch Press
Feb 21, 20224 min read
Common DOI Management Issues: Address Variations
Owner address issues are varied in division order work. Beginning with the constant problem of trying to fit a long street address into...
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Oil Patch Press
Feb 14, 20225 min read
Common DOI Management Issues: Similar Owner Names
“A rose by any other name” may have been true in Shakespeare’s day, but not today in a division of interest. The primary duty of a...
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Oil Patch Press
Feb 7, 20224 min read
Common DOI Management Issues: Interest Types
Assigning an interest type to an owner in a division of interest sounds simple, doesn’t it? Too often today, it’s no longer simple. The...
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Oil Patch Press
Jan 31, 20224 min read
Common DOI Management Issues: Suspense Codes
Every owner number account entered into a revenue division of interest (DOI) must have a pay code given to it for that specific producing...
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Oil Patch Press
Jan 24, 20223 min read
When a Successor Mineral Owner Asks for a Copy of an Unrecorded Lease
This request comes up often in Division Order work. Usually, the royalty reserved in the lease has been split apart, sold and resold...
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Oil Patch Press
Jan 17, 20223 min read
Importance of the Assignment Clause in a Lease
In many companies in the industry today, the Division Order Analyst is not charged with analyzing oil and gas leases. That usually is...
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Oil Patch Press
Jan 16, 20203 min read
When a Memorandum of OGML Gets Filed, Does It Replace the Full OGML That I Signed?
No, it does not, ever. The full OGML an owner signs is the contract that is enforceable, not the Memorandum. It is very common today for...
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Oil Patch Press
Dec 23, 20194 min read
To Invest in Mineral Rights or Not to Invest?
From time to time, people unfamiliar with the oil and gas industry, but familiar with the stories of Rockefeller, Hughes, Hunt, Getty,...
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Oil Patch Press
Nov 30, 20193 min read
Grim Forecasts for Natural Gas and Crude Oil Prices Between Now and the End of 2022
Drawing from several sources for reliable data, including the U.S. IEA, the overall consensus has natural gas and crude oil prices...
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Oil Patch Press
Nov 15, 20194 min read
Two Cents From the Neighbor Next Door: Iran’s 53-billion-barrel Oil Find
After a hiatus, the Oil Patch Press blog has returned, and has a lot of catching-up to do. On November 10, Iran announced they had found...
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Oil Patch Press
Sep 19, 20193 min read
Dust-Up Brewing in the Middle East
What could the attack on the Saudi production facilities mean for oil and gas professionals, and for landowners who rely on royalty...
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Oil Patch Press
Sep 19, 20195 min read
How Did You Calculate My Horizontal Well Division Order Decimal?
You received a division order in the mail from a company and try as you might, you can’t figure out how they came up with the decimal...
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Oil Patch Press
Sep 7, 20195 min read
Division Order Analyst: Just What Do They Do, Exactly?
So, just what do division order analysts do? They are the company employee who determines who gets paid revenues from oil and gas wells...
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Oil Patch Press
Aug 23, 20194 min read
A Path to Getting Started as an Oil & Gas Lease Analyst: Monthly Lease Records Calendars
Another important qualification listed in most entry-level lease analyst job descriptions that can be learned without experience is...
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Oil Patch Press
Aug 23, 20194 min read
My Division Order Decimal Isn’t Right! What Now?
This is a very frustrating experience for any royalty owner. You’ve learned that XYZ Company has drilled and completed a horizontal well...
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Oil Patch Press
Jul 28, 20194 min read
A Path to Getting Started as an Oil & Gas Lease Analyst: Copying and organizing computer files
After learning the Microsoft Office Suite, gaining experience in this next job qualification is fairly easy. No previous office job is...
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Oil Patch Press
Jul 22, 20195 min read
A Path to Getting Started as an Oil & Gas Lease Analyst: Microsoft Office Suite
So, you know someone who works as an oil and gas lease analyst, have learned how challenging and rewarding the work is, and was told the...
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