Oil and Gas

Bakutis, McCully & Sawyer, P.C. - Fort Worth Oil and Gas Leases

At Bakutis, McCully & Sawyer, P.C., our experience with the negotiation of oil and gas leases, together with our deep familiarity with farm and ranch operations, whether held in a trust, estate, or family business, can represent a significant advantage for you if you're a beneficiary of oil or natural gas producing land, a trustee of real estate holdings in the Barnett Shale, or otherwise interested in pursuing an opportunity to realize the value of your subsurface resources. For further information, contact a knowledgeable oil and gas lease attorney at Bakutis, McCully & Sawyer, P.C. in Fort Worth.

We represent owners, heirs, trustees, and family business limited partnerships or limited liability companies with the negotiation of oil and natural gas lease terms. Among the details we'll review on your behalf are:

• The lessee's qualifications to develop and produce under the lease
• Bonus and royalty terms
• Delay rentals and liquidated damages terms
• Limitations to the scope of the land covered under the lease
• Limiting or prohibiting royalty deductions for the lessee's postproduction costs
• Protecting your land's water and grazing, agricultural, or development potential
• Legal contract review to protect your land from surface damage
• Advice concerning pooled unit production proposals for smaller tracts
• Terms limiting the lessee's ability to assign its rights under the lease

Whether you're dealing on your own account or in a fiduciary capacity on behalf of a trust or estate, our objective is to maximize the value of your rights under the proposed oil and gas lease while minimizing the impact of production operations on your land. We handle all mineral rights matters on an hourly fee basis, and will never request a percentage of your royalty as a part of our attorney's fee.

Contact one of our Fort Worth oil and gas lawyers for additional information about our ability to represent you in a lease transaction.