Attorneys admitted in Louisiana, Mississippi, Arkansas, and Texas for Oil and Gas Compensation Law

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Louisiana Oil and Mineral Rights Overview

Louisiana Attorneys for Oil and Gas Compensation Law

Mineral rights are complex.  There are few laws in Louisiana governing the interactions between mineral interest owners and production companies.  The specific language in leases, contracts, and Division Orders outline your rights and responsibilities.

You are well-advised to consult with an experienced Louisiana mineral rights lawyer if you have specific questions about the mineral rights for land you own.  Contact the Sloan, Bagley, Hatcher & Perry Law Firm with all your questions about Louisiana oil rights and mineral rights.

Negotiating the best lease terms

Because the governance of mineral rights falls largely on lease terms, you need to negotiate a solid lease that specifies:

  • The amount or percentage of your royalties
  • Whether the production company pays that amount per unit of measure or overall production income
  • How long the production company has to begin production before the land and mineral rights revert back to you
  • Your signing bonus, if any
  • The company’s obligations for clean-up and environmental protection
  • The depths and limitations on drilling

Our experienced Louisiana mineral rights attorneys can help you negotiate the best lease terms possible, while also making sure that the production compnay abides by those terms.

Louisiana mineral rights laws are unique

Louisiana mineral rights laws are somewhat unique.  Unlike other states, Louisiana mineral rights revert back to the original owner after ten years from the date of sale or from the date of last production.

Many situations can affect your royalties, property, and interests when you have mineral rights. These include:

  • Property sales
  • Purchase of mineral rights other than oil and gas
  • Multiple royalty interests for one location
  • Environmental regulations
  • Well and rig construction

We offer sound guidance during legal consultations that helps maximize the benefits of your mineral rights.  Before signing any document that may limit or alter your compensation, you can meet with our lawyers for a free consultation and discuss how we can represent your best interests.

We can help

Contact the Sloan, Bagley, Hatcher & Perry Law Firm with all your oil and gas questions in Louisiana.  Our oil and gas compensation attorneys give you the facts the production companies might not want you to know.  Call us at 1-888-339-6132 to learn about fair oil and gas compensation, or contact us online.

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