A closer look Managing Your Oil and Gas Interests
Feb 01, 2021
- Leasing oil, gas, and mineral rights to energy producers can provide families with regular income from one generation to the next.
- Carefully negotiating these leases is essential to receiving an optimal return. Every situation is unique, and boilerplate leases provided by an oil or gas producer should be avoided.
- Over time, families may lose sight of mineral rights that they own, potentially forfeiting substantial royalty payments or even losing the rights altogether via tax sale.
- Whether it’s negotiating a favorable lease, tracking and managing properties over time, or accurately valuing ownership for the purposes of wealth transfer or sale, Bessemer’s oil and gas advisory specialists can help you achieve your goals.