A Guide to Oil and Gas Lease Ratification
- CourthouseDirect.com Team
- 05/08/2019
- Oil and Gas
Oil and gas leases are complicated at best, and they can become more so over time. During a lease period, you may be asked to ratify a lease due to a change of some sort. What does that mean, exactly? That’s what we’re here to talk about ...
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AAPL Form 610-2015 Model Joint Operating Agreement – What You Should Know
- CourthouseDirect.com Team
- 04/24/2019
- Oil and Gas
The AAPL Form 610-2015 Model Form Joint Operating Agreement was released in response to technological and legal changes that have occurred since the form’s last update in 1989. It could take until 2020 for full adoption of the 2015 version ...
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What is the Pugh Clause and How Does it Affect Oil Leases?
- CourthouseDirect.com Team
- 03/06/2019
- Oil and Gas
If you aren’t careful, a Pugh Clause may be a tripwire for the unaware in an oil or gas lease contract. The Pugh Clause is named for a Louisiana attorney, Lawrence Pugh, who took on Shell Oil in 1947 on behalf of a lessor.
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Negotiating Oil and Gas Leases: How to Make the Deal
- CourthouseDirect.com Team
- 02/13/2019
- Oil and Gas
Negotiating oil and gas leases is like many other negotiation activities. Most landowners don't work with oil and gas leases very often while landmen are highly knowledgeable. However, this is a contract negotiation, and both sides must ...
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The Duhig Rule: Mineral Rights & Warranty Deeds
- CourthouseDirect.com Team
- 02/06/2019
- Oil and Gas
One of the more convoluted concepts in mineral rights and warranty deeds is the Duhig Rule. Named for the court case Duhig v. Peavey-Moore Lumber Company, the Duhig Rule was the outcome of a disagreement caused by one party either ...
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Tips for Using CourthouseDirect.com’s GIS Mapping and Reports Tool
- CourthouseDirect.com Team
- 01/30/2019
- Oil and Gas
From appraisers, real estate professionals, and surveyors to oil and gas landmen, effective and efficient research is the best way to approach projects, proposals, and opportunities.
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Oil and Gas Technology: Why Big Data is the Future for Landmen
- CourthouseDirect.com Team
- 01/23/2019
- Real Estate
As the population grows, the courthouses continue to record leases, grants, and deeds. As property changes hands, the title chain grows longer and more complex. Working with multiple records, a yellow pad, and a pencil has become ...
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Color-of-Title Act: What you Need to Know about Color-of-Title Adverse Possession
- CourthouseDirect.com Team
- 01/09/2019
- Real Estate
The Color-of-Title Act (which goes by the impressive legal designation 43 CFR 540, Subpart 254) refers to the right of a person, group, or corporation that has “evidence” purporting to have title to public lands administered by the Bureau ...
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Property History Public Records: How to Research Historical Land Records
- CourthouseDirect.com Team
- 12/19/2018
- Real Estate
CourthouseDirect.com offers multiple services for enhancing your search for courthouse records throughout the United States. You can use our tools and applications to search the largest repository of historical courthouse information in ...
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What Are Joint Operating Agreements in Oil & Gas?
- CourthouseDirect.com Team
- 12/13/2018
- Oil and Gas
After oil and gas lease agreements, the Joint Operating Agreement (JOA) is the most common contract used in the industry. JOAs are agreements between two or more entities that spell out who is considered the operator for the exploration ...
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