Oil and Gas Law: Lease Bonus and Royalty Payments
Oil and gas prospectors in Texas frequently offer to lease land rights from landowners. Basic oil and gas land usage rights leases are broken down into a lease bonus and royalty payments. When negotiating a lease with company or individual prospector, it’s important to seek legal advice to ensure you’re protected and receiving fair compensation. Working with our oil and gas attorneys here at The Woodall Law Firm PLLC can help walk you through [...]