How to Calculate a Royalty

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Royalty check stubs can be confusing and impossible for the uninitiated to understand. In order for a mineral owner to calculate what their royalty payment should be, the mineral owner must determine their Net Revenue Interest (NRI) in the producing well.

Drilling and Spacing Units in Oklahoma

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Drilling and spacing units (hereinafter called “spacing units”) are a component of a comprehensive state regulatory framework put in place to control the exploration for and production of oil and gas.

Funding an Oklahoma Living Trust

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A trust is a separate legal entity from the individual(s) that created the trust. As such, it must be “funded” to be effective.

What is Probate?

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Probate is the court-supervised process of settling the affairs of a deceased person, regardless of whether they died with or without a will.

Probate Handbook

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Probate is the court-supervised process of settling the affairs of a deceased person, regardless of whether they died with or without a will. 

Oklahoma Mechanics and Materialmen Liens

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Oklahoma law grants a lien (referred to as a “Mechanics and Materialmen Lien” or “M&M Lien”) to any person or company who performs labor or furnishes materials or equipment as part of work to improve privately-owned real property (or its improvements). This is true only so long as the materials or equipment are supplied under […]

Funding an Oklahoma Living Trust

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A trust is a separate legal entity from the individual(s) that created the trust. As such, it must be “funded” to be effective.