May 2, 2018
Negotiating an oil and gas lease can be complex and confusing. Today, Nicholas Miller is here to help offer some practical advice and tips for mineral owners who may be negotiating a lease agreement. Nicholas walks us through how the leasing process typically works, what terms are usually contained in the offer letter and a lease form, and how he approaches negotiations. From the "going" royalty rate in Texas to the first terms he seeks to delete from the agreement, Nicholas is a wealth of knowledge and this podcast will be helpful to anyone dealing with mineral leases!
Contact Info for Nicholas Miller
- Website: https://www.gdhm.com/attorneys/nicholas-c-miller/
- Phone number: 512.480.5656
- Email: nmiller@gdhm.com
Links to Topics Mentioned on the Show
- Prior podcast episode on surface damages with Parks Brown
- TX Railroad Commission website
- Oil and gas leasing checklist
- Texas Land and Mineral Association
- Petroleum Production on Ag Land in Texas handbook