As oil and gas companies sweep through land, developing for natural resources, oil and gas leases must be quickly agreed upon. Often these corporations offer landowners pre-printed leases to quickly review and agree to. These contracts often allow for the company to work unchecked with minimal responsibility for the cleanup or restoration of the land. The contracts also often leave ambiguity surrounding the specifics of royalties and other payments.
Protecting Your Oil Field Property Rights
The contracts also often leave the door open for drainage of the land, allowing an operator to ignore the land for an amount of time while others develop the majority of the resources from the location. This is generally at the primary expense of the landowner.
While the companies are legally responsible to protect owners from these potential problems, the state of Louisiana does little to regulate the actions of the companies, rarely enforcing these leases.
It is up to the individual landowner to take legal action to protect the land and his or her own interest. At Veron, Bice, Palermo & Wilson, LLC, our Louisiana oil and gas lease attorneys are prepared to fight for your interests and prevent this activity from continuing unchecked.
We are committed to holding the companies accountable for the activity that is happening on the land and for the payments that are required of them to the landowner. We review the contracts involved to ensure that proper accounting is taking place, rather than allowing the companies to pass along unfair expenses to the landowner.
Contact Our Louisiana Oil and Gas Royalties Attorneys
We understand that the circumstances of each case are different, and our lawyers take the time to understand the situation the client faces. We provide complimentary initial consultations. To arrange a meeting, please contact our Louisiana law firm today at 337-310-1600 or toll free at 877-300-8680.