How To Report Income From An Oil & Gas Lease

As the old adage goes, there are only two things in life that are certain: death & taxes. If you have earned any income from your oil and gas lease, you are required to report this income to the IRS. Whether the income is from royalty payments or bonuses, you… Read More

What Does A Land Technician Do?

The oil and gas industry relies on the hard work and experience of thousands of professionals to perform a wide variety of jobs. An expert team of experienced professionals is required to take a project from start to finish. Some positions within the industry, like the landman, are highly visible. Read More

How To Extend An Oil and Gas Lease?

One of the issues facing oil and gas business owners is how to extend their leases in a timely manner. While it is not uncommon for oil and gas lease terms to last as little as one month to as long as ten years, the average term of an oil… Read More

What To Watch Out For In Oil or Gas Well Leasing

Millions of oil and gas leases exist in America. All sorts of Americans have created these leases which allow companies to drill for oil or gas on their land. However, plenty of these transactions are made without a real understanding of the fine print. What exactly are we getting… Read More

Negotiating Oil and Gas Leases: The Essentials

Leasing is a central part of the US oil and gas industries. An oil and gas lease is a legal agreement which entitles an oil and gas company to access your property and the minerals on it. It can be a lucrative way to manage your land but, some… Read More