Entries by Ranger Land and Minerals

The Permian Could See Record Gas Production In 2021

The pandemic has curtailed associated gas production in the Permian basin, temporarily relieving some gas flaring, but the basin could return to record gas production levels by the end of 2021. By 2023, the rate of gas flaring could increase substantially. Starting next year, drilling activity begins to resume in the Permian, assuming WTI stays […]

An Oil Company Wants to Lease My Land, What Should I Do?

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]

World’s Largest Economies Are Still Spending Big On Oil & Gas

Spending on oil and gas, and coal is still higher among members of G20 than spending on renewable energy, a data update from the Energy Policy Tracker has revealed. Across the group, since the start of the pandemic, governments had pledged at least $160.95 billion in fossil fuel investments, versus $123.75 billion in renewable energy […]

Oil and Gas Lease Form 88

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]

Oil and Gas Royalties: What You Earn with a Mineral Lease

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]

$40 Oil Isn’t Enough For Saudi Arabia

There was a recommendation of the OPEC+ JMMC to ease the oil output cuts by 2 million bbl/d. With that, oil markets maintained their bullish sentiment over the past week. This is as Brent was trading above $43 while WTI was trading above $40. A surge in COVID-19 cases in several counties including the US, […]

Fee Simple Defeasible vs. Fee Simple Absolute: What’s the Difference?

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]

Chevron Acquires Noble Energy In First Major COVID Oil Deal

In the first major U.S. oil deal since the pandemic hit the industry. Supermajor Chevron announced on Monday that lit had entered into a definitive agreement. It is to buy Houston-based Noble Energy in an all-stock transaction valued at US$5 billion. Under the terms of the deal, Noble Energy shareholders will receive 0.1191 shares of […]

Retaining, Leasing, or Selling Inherited Mineral Rights

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]

How to Transfer Inherited Mineral Rights

⚠️ IMPORTANT LEGAL DISCLAIMER: The information provided on this page is for general informational purposes only and does not constitute legal, financial, or investment advice. Oil and gas laws, mineral rights regulations, and royalty structures vary significantly by state and jurisdiction. While we strive to provide accurate and up-to-date information, no guarantee is made to […]