Energy (Oil & Gas)
The United States is nearly the only country that allows for private individuals to own mineral interests. In almost every other country in the world, the national government claims ownership of the minerals in the earth. Petroleum products, including Oil and Gas, have become incredibly important to our everyday lives. Besides powering our cars and heating our homes, petroleum products are also essential components of recyclable plastics and bicycle tires. Bower PLLC works with owners of mineral assets to safely and efficiently extract Oil and Gas from the earth so that they can be brought to market.
Related Topics:
Mineral Lease – KEY PROVISIONS
Pugh Clauses – MANDATORY RETURN OF UNDEVELOPED ACREAGE
Stay tuned for additional information on the following subjects:
Surface vs. Mineral Estates
Royalty
Working Interest
Primary Term
Tract Participation
Landmen
The Producer’s Eighty-Eight
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