Are you living on a land that has oil? If so, you should know your right when it comes to leases.
Review and Revise Oil and Gas Leases!
There is almost never a take-or-leave lease in the oil and gas industry. If a land man or leasing agent, or anybody else puts a Texas mineral lease in front of you and says you cannot change anything, do not sign it. Simply show him to the door. Oil exploration companies understand that most people will sign just about anything, so they begin their offer with a horribly unfair, one-sided lease.
Some mineral owners sign without complaint. Then the oil company, through their land-men, go to work on the tougher customers. They are well aware of the shortcomings of their own leases and fully expect a careful and lengthy addendum to be tacked onto their lease offering, which is more protective of the mineral owner. If you are considering leasing your minerals in Texas and would like a lease review, call an oil and gas lawyer. If an accident has happened on your land and you or a family member is hurt, you need help from an oil field accidents lawyer.…