Termination, Negotiation, and Disputes
Companies that produce oil and gas do not always own the land they drill on. Most often the drilling company (the lessee) leases the mineral rights from a land owner (the lessor). Common stipulations within an oil and gas lease include restrictions on areas where drilling may occur, limitations on the location of access roads, the amount of payment owed to a landowner, restrictions for noise violations, excessive construction and much more. These leases are governed by legally-binding rules that must be followed by both parties. When the terms of a lease agreement are violated, disputes may occur and one party may wish re-negotiate or terminate an existing lease. Some common oil and gas lease disputes are listed below
· Use of the land
· Storage of equipment and materials for construction
· Drainage of water pumped from the drilling site
· Royalty payment
Faulk Barchus is a group of attorneys with deep, extensive experience representing landowners and corporations in a wide range of issues related to oil and gas law. Our firm has successfully handled both the termination and negotiation of surface use agreements, oil and gas leases, and breach of contract issues with the utmost professionalism and dedication. We will do everything in our power to make sure that your oil and gas lease concern is resolved quickly and beneficially.
Contact: 713-239-4000
Companies that produce oil and gas do not always own the land they drill on. Most often the drilling company (the lessee) leases the mineral rights from a land owner (the lessor). Common stipulations within an oil and gas lease include restrictions on areas where drilling may occur, limitations on the location of access roads, the amount of payment owed to a landowner, restrictions for noise violations, excessive construction and much more. These leases are governed by legally-binding rules that must be followed by both parties. When the terms of a lease agreement are violated, disputes may occur and one party may wish re-negotiate or terminate an existing lease. Some common oil and gas lease disputes are listed below
· Use of the land
· Storage of equipment and materials for construction
· Drainage of water pumped from the drilling site
· Royalty payment
Faulk Barchus is a group of attorneys with deep, extensive experience representing landowners and corporations in a wide range of issues related to oil and gas law. Our firm has successfully handled both the termination and negotiation of surface use agreements, oil and gas leases, and breach of contract issues with the utmost professionalism and dedication. We will do everything in our power to make sure that your oil and gas lease concern is resolved quickly and beneficially.
Contact: 713-239-4000
