Maintaining accurate land records is a matter of administrative protection. In Oklahoma, the responsibility for ensuring that oil companies and landmen can find you rests entirely with the mineral owner. Because land records are static, they do not “follow” you when your life circumstances change. If you own minerals—especially non-producing ones—it is helpful to understand […]
Keeping Mineral Interests Out of Oklahoma Probate Courts In Oklahoma probate courts can control mineral assets in two situations—Incapacity and Death. Anyone who owns minerals, including non-residents, can plan to minimize or eliminate the need for costly court proceedings. Incapacity of Mineral Owner and Need for Guardianship: Incapacity can result from an injury (such as […]
This discussion relates solely to minerals produced in the State of Oklahoma. If your minerals are produced in a different state, then consult an attorney there. What is a Division Order and Why did I Receive One? If you received a letter asking you to sign and return a Division Order to beginning to get […]