Experienced Texas Oil and Gas Attorneys
Oil and gas are the life blood of the great State of Texas. Current prices and demand have resulted in an oil and gas boom across the state. Whether you are leasing or selling your oil and gas interest, you need an experienced oil and gas lawyer to protect your legal interest to ensure that you are fairly compensated by the oil company.
The experienced oil and gas lawyers at the Law Office of Derek R. Van Gilder will protect your mineral and royalty interests.
Texas Oil and Gas Lease Attorneys
The most common oil and gas transaction is an oil and gas lease in which an oil company leases the owner's oil and gas interest and drills a well. A successful well will produce oil and/or gas and the owner receives a royalty payment that is a percentage of the well's revenue. In addition, the surface owner of the land is entitled to receive a rental, or bonus, per acre. The surface owner may also be entitled to other payments for such things as surface damage, water usage, restoration and other compensation.
The royalty percentage varies from location to location and according to the existing circumstances--oil prices, the perceived risk in drilling in a particular location, the cost of drilling a well and the production of other wells nearby. Most significantly, the terms of oil and gas leases vary from oil company to oil company.
You need an experienced Texas oil and gas lawyer who is familiar with oil and gas leasing in order to negotiate the most favorable terms possible. That means negotiating a favorable royalty percentage, fair rental compensation and reasonable compensation on all other terms to which the surface owner is justly entitled.
The experienced Texas oil and gas lawyers at the Law Office of Derek R. Van Gilder will aggressively represent you in obtaining the most favorable lease available for your oil and gas interests.
Experienced Mineral Deed Attorneys
Have you decided to sell your oil and gas mineral interests? If so, you need an experienced Texas oil and gas attorney to negotiate the sales price based upon true market value and to prepare a mineral deed to ensure the conveyance is exactly what you intended and nothing more.
The experienced Mineral Deed attorneys at the Law Office of Derek R. Van Gilder will prepare a Mineral Deed to properly convey your intended interest and to preserve your other interests.