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Real Estate, Oil & Gas and Estate Planning OIL & GAS FUNDAMENTALS FOR FAMILY LAW PRACTITIONERS OIL AND GAS LAW PANELIST JOHN B. HOLDEN, JR., JACKSON WALKER.

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Presentation on theme: "Real Estate, Oil & Gas and Estate Planning OIL & GAS FUNDAMENTALS FOR FAMILY LAW PRACTITIONERS OIL AND GAS LAW PANELIST JOHN B. HOLDEN, JR., JACKSON WALKER."— Presentation transcript:

1 Real Estate, Oil & Gas and Estate Planning OIL & GAS FUNDAMENTALS FOR FAMILY LAW PRACTITIONERS OIL AND GAS LAW PANELIST JOHN B. HOLDEN, JR., JACKSON WALKER LLP

2 Typical Documents To Be Reviewed Deed Mineral Deed Mineral Reservation Royalty Lease Seismic Permit Pipeline Right-of-way

3  Who owns the minerals Title Opinion Title Insurance Form of Deed Default Passage  Who owns the minerals Title Opinion Title Insurance Form of Deed Default Passage

4  Surface vs. Subsurface  Minerals are Dominant Estate  Getty Case  Executive Rights  Surface vs. Subsurface  Minerals are Dominant Estate  Getty Case  Executive Rights

5  Lease Bonus Delay Rental Shut-in Payment Royalty  Lease Bonus Delay Rental Shut-in Payment Royalty

6  Other Documents  Division Order  Pooling Agreement, Amendment Non-participating Royalty Interest Overriding Royalty Interest  Other Documents  Division Order  Pooling Agreement, Amendment Non-participating Royalty Interest Overriding Royalty Interest

7  Title County Deed Records Real Property Title Insurance Schedule  Title County Deed Records Real Property Title Insurance Schedule

8  Ownership Personal Corporation  Subchapter S LLP LLC FLP  Ownership Personal Corporation  Subchapter S LLP LLC FLP

9 JOHN B. HOLDEN, JR., JACKSON WALKER LLP


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