Landowners play a vital part in the success and progression of America’s energy industry. We know that leasing or selling your minerals can be an intimidating process and we are committed to walking you through each step of the way. At TCO, we work with the best operators in the industry and personally ensure that landowners are represented fairly.
A: A good time to sell your minerals is when they are in high demand and operators are very active in your area. In that environment, you will probably get the highest value for your asset.
A: It is important to keep mineral rights under lease to increase the chances of being included in a drilling unit and realize the benefit of oil or gas production. Withholding a decision to lease with hopes of receiving more per-acre bonus money later on may work against you. Exploration companies may change their area of interest based on geology or exceed their budgets for lease acquisition and decide to focus their resources elsewhere.
A: Submit the mineral lease evaluation form and TCO will see if we can help you sell or lease your minerals. Use the form below to send us your information.
A: After we receive your lease package at our office, including an Executed Oil and Gas Lease, signed Order for Payment, and Tax ID we can begin the title review process. During this time we have forty-five (45) banking days to review your title and verify your ownership. Payment will be rendered before the forty-five (45) banking days have elapsed.
A: Lands are broken into Township, Range, and Section which tell us which county your lands reside in.
A: Fracking (short for hydraulic fracturing) is the process of drilling down into the earth to extract oil or natural gas from deep under ground. A high-pressure water mixture is then aimed at the rock to release the gas inside. A combination of water, sand, and chemicals are forced into the rock at a high pressure to allow the gas to flow to the head of the well.
A: Values are generally based on your proximity to current oil or gas production, as well as dry or abandoned wells. Any bonus amounts that are paid for leasing your minerals are dependent on these factors and if there is more than one company competing for your lease.
A: All oil and gas producing states rely on commissions to oversee and enforce all laws pertaining to oil and gas production. State engineers set standards for pooling and spacing areas to protect adjacent landowners from drainage based on independent studies. Operators and purchasers are mandated by the commissions to report production rates and well status monthly.
A: TRANSCONTINENT OIL does not take oil and gas leases or buy minerals on our own behalf to avoid conflict of interest issues. We do use our large network of clients to benefit landowners in getting fair market value for your oil and gas lease or mineral sale. TCO has worked with some of the most respected operating companies large and small throughout the US for over fifty years and we understand how important it is to lease or sell your minerals to the right company.
A: Copies of your oil and gas leases can be found filed with the county that your lands reside in.
A: This depends on what the current demand is for your area. Please contact us directly to discuss further.
A: Watch this timelapse of a drilling and fracking well being created to get a better idea of what the procedure looks like.