We have all felt the devastating impact of severe weather events over the past several years in some way. Even if you have been fortunate enough to avoid any personal experience with Hurricanes Harvey, Irma or Michael, the chances are you know someone who was not as lucky. The… Read More

If you are in the business of oil and gas lease contracting, it’s important to know what to do and not to do when negotiating leases. Oil and gas leasing complicated business. It involves a strong sense of negotiation skills, as well as a broad knowledge of the different areas… Read More

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

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

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