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Texas Probate Documents Case Study: Ambiguous Codicil

Oil Patch Press

Mar 7, 20224 min read

Texas Probate Documents Case Study: Ambiguous Codicil

The packet of probate documents received by the company appeared straight-forward and complete. The probate of the Will had been...

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Texas Probate Documents Case Study: Intestate Estate in Texas

Oil Patch Press

Feb 28, 20223 min read

Texas Probate Documents Case Study: Intestate Estate in Texas

This case involves a deceased mineral owner under an oil and gas lease now in its secondary term and producing from three unitized wells...

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Common DOI Management Issues: Address Variations

Oil Patch Press

Feb 21, 20224 min read

Common DOI Management Issues: Address Variations

Owner address issues are varied in division order work. Beginning with the constant problem of trying to fit a long street address into...

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Common DOI Management Issues: Similar Owner Names

Oil Patch Press

Feb 14, 20225 min read

Common DOI Management Issues: Similar Owner Names

“A rose by any other name” may have been true in Shakespeare’s day, but not today in a division of interest. The primary duty of a...

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Common DOI Management Issues: Interest Types

Oil Patch Press

Feb 7, 20224 min read

Common DOI Management Issues: Interest Types

Assigning an interest type to an owner in a division of interest sounds simple, doesn’t it? Too often today, it’s no longer simple. The...

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Common DOI Management Issues: Suspense Codes

Oil Patch Press

Jan 31, 20224 min read

Common DOI Management Issues: Suspense Codes

Every owner number account entered into a revenue division of interest (DOI) must have a pay code given to it for that specific producing...

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When a Successor Mineral Owner Asks for a Copy of an Unrecorded Lease

Oil Patch Press

Jan 24, 20223 min read

When a Successor Mineral Owner Asks for a Copy of an Unrecorded Lease

This request comes up often in Division Order work. Usually, the royalty reserved in the lease has been split apart, sold and resold...

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Importance of the Assignment Clause in a Lease

Oil Patch Press

Jan 17, 20223 min read

Importance of the Assignment Clause in a Lease

In many companies in the industry today, the Division Order Analyst is not charged with analyzing oil and gas leases. That usually is...

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When a Memorandum of OGML Gets Filed, Does It Replace the Full OGML That I Signed?

Oil Patch Press

Jan 16, 20203 min read

When a Memorandum of OGML Gets Filed, Does It Replace the Full OGML That I Signed?

No, it does not, ever. The full OGML an owner signs is the contract that is enforceable, not the Memorandum. It is very common today for...

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To Invest in Mineral Rights or Not to Invest?

Oil Patch Press

Dec 23, 20194 min read

To Invest in Mineral Rights or Not to Invest?

From time to time, people unfamiliar with the oil and gas industry, but familiar with the stories of Rockefeller, Hughes, Hunt, Getty,...

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Grim Forecasts for Natural Gas and Crude Oil Prices Between Now and the End of 2022

Oil Patch Press

Nov 30, 20193 min read

Grim Forecasts for Natural Gas and Crude Oil Prices Between Now and the End of 2022

Drawing from several sources for reliable data, including the U.S. IEA, the overall consensus has natural gas and crude oil prices...

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Two Cents From the Neighbor Next Door: Iran’s 53-billion-barrel Oil Find

Oil Patch Press

Nov 15, 20194 min read

Two Cents From the Neighbor Next Door: Iran’s 53-billion-barrel Oil Find

After a hiatus, the Oil Patch Press blog has returned, and has a lot of catching-up to do. On November 10, Iran announced they had found...

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Oil Patch Press

Sep 19, 20193 min read

Dust-Up Brewing in the Middle East

What could the attack on the Saudi production facilities mean for oil and gas professionals, and for landowners who rely on royalty...

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How Did You Calculate My Horizontal Well Division Order Decimal?

Oil Patch Press

Sep 19, 20195 min read

How Did You Calculate My Horizontal Well Division Order Decimal?

You received a division order in the mail from a company and try as you might, you can’t figure out how they came up with the decimal...

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Division Order Analyst: Just What Do They Do, Exactly?

Oil Patch Press

Sep 7, 20195 min read

Division Order Analyst: Just What Do They Do, Exactly?

So, just what do division order analysts do? They are the company employee who determines who gets paid revenues from oil and gas wells...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Monthly Lease Records Calendars

Oil Patch Press

Aug 23, 20194 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Monthly Lease Records Calendars

Another important qualification listed in most entry-level lease analyst job descriptions that can be learned without experience is...

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My Division Order Decimal Isn’t Right! What Now?

Oil Patch Press

Aug 23, 20194 min read

My Division Order Decimal Isn’t Right! What Now?

This is a very frustrating experience for any royalty owner. You’ve learned that XYZ Company has drilled and completed a horizontal well...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Copying and organizing computer files

Oil Patch Press

Jul 28, 20194 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Copying and organizing computer files

After learning the Microsoft Office Suite, gaining experience in this next job qualification is fairly easy. No previous office job is...

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A Path to Getting Started as an Oil & Gas Lease Analyst: Microsoft Office Suite

Oil Patch Press

Jul 22, 20195 min read

A Path to Getting Started as an Oil & Gas Lease Analyst: Microsoft Office Suite

So, you know someone who works as an oil and gas lease analyst, have learned how challenging and rewarding the work is, and was told the...

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Oil Patch Press

Jul 18, 20192 min read

Natural Gas Price Downturn - Why?

Evidently, investors and consumer markets (power plants, etc.) were too optimistic earlier this year, expecting the U.S. to have a...

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