An Overview of the Oil Title and Gas Title Process

Majr ResourcesWhen oil and gas companies want to find out if there is oil and gas on a particular piece of land, they cannot just start researching and digging. Instead, they must come to an agreement with the person who owns the land before they can even start their research. They have to make sure that the recorded landowner actually owns the parcel, and they need to make sure that that is in writing. While the process of researching who owns a piece of land and getting permission to use it might sound simple, it actually involves several different people, each with an important job.

A land manager is basically the person who keeps the whole process together. They coordinate the effort between all of the other different professionals to make sure that the process goes as smoothly as possible for everybody. They work with attorneys, title examiners, landman, as well as landowners. they want to make the process as easy as possible for everyone.

A field landman is a person who actually negotiates between the oil and gas companies and the people who own the land. They try to get a good deal for everyone. As part of this process, they look into who owns the property, who has the title work, and what legal records are available. They may have assistance, called land technicians, who helped them out. Landman services can be costly, but they are an essential part of the process.

Title attorneys are lawyers who work for oil and gas companies and specialize in helping oil title and gas title processes move forward. If there are any land disputes, or disputes over who owns what rights to what piece of land, these are the attorneys who show up for their companies in court.

An abstracter is someone who helps submit the necessary title and deed documentation. They make sure that everything is documented properly and that proper documentation is available before the process moves forward.

A leasing agent is another person who communicates between the companies and the landowner. These people usually have backgrounds in real estate and have enhanced those with special knowledge of mineral rights. They usually work to help convince the landowner that leasing to an oil and gas company is in their best interests.

Before oil and gas companies work on a piece of land, or even consider it, they usually check to see if the same piece of land has been leased to other companies for these same purposes. If someone else has an oil lease or a gas lease on a particular property, then there’s no way for a new company to move forward. This usually involves sending a landman for a lease check.

Once this has been done, the landman writes a report about who currently owns the property. If different people own different parts, this includes the percentage owned by each one. When they know who owns the land, the company can begin contacting them to negotiate a lease. Eventually, the lease must be approved by title attorneys, to make sure everything is legal and all relevant laws have been followed. After this happens, the oil and gas titles are transferred to the research company.

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