Frazier Oil Properties, LLC.
Oil and GasUnited States11-50 Employees
Traditional Field Land Work Lease checks, mineral take-offs, abstracting, lease preparation and negotiations, title curative Contract Land Department Negotiate farm outs, participation agreements and joint operating agreements, prepare and mail division orders, prepare and maintain lease files Pipeline Construction Research title, prepare and negotiate ROWs, prepare and maintain ROW files, negotiate damages Due Diligence – Producing Properties and Pipelines Represent buyers, sellers, lenders and law firms in researching the ownership interests of the seller/borrower of producing oil and gas properties, PUDs and leasehold interests, as well as pipeline assets, from small gathering systems to major trunk lines. Gas Storage Facilities Represent midstream clients in acquiring the rights to construct gas storage facilities in salt dome caverns and depleted reservoirs, along with acquiring the necessary pipeline easements for connecting to the available markets. Minerals Management Represent families, individuals and estates with extensive mineral and/or royalty holdings. We organize the files the client may have inherited or can no longer maintain, conduct courthouse research where necessary to create an accurate inventory of their interests, and negotiate leases with oil companies. Having spent a vast majority of our careers representing the oil companies, we know what an oil company is willing to accept when it comes to the terms and provisions of an oil and gas lease. Railroad Commission Testimony Have been certified as experts on numerous occasions by and testified in front of the Texas Railroad Commission for clients seeking relief under the various rules promulgated by the Commission. Expert Witnesses Served as expert witnesses in numerous proceedings involving various aspects of the land side of the oil business Representation of Real Estate Developers Represent real estate developers who encounter the ever-increasing situation where the surface they own or have interest in acquiring has all or some of the mineral estate severed. Developers are finding it impossible to obtain financing on their purchases, or very difficult to sell those properties, with surface control being compromised by the fact that the mineral estate is dominant over the surface estate. Our services include (i) title research to identify all of the record mineral owners (or their heirs), (ii) negotiating waivers of the mineral owners’ surface rights, and (iii) negotiating designated drill sites that are satisfactory to both mineral and surface owners. However, as is often the case, mineral owners may have been lost due to the passage of time or were unwilling to negotiate waivers or drill sites. To that end we have testified on many occasions before the Texas Railroad Commission on behalf of developer clients seeking Rule 76 relief with regard to designating future drill sites that work within their land plans for development of their surface.
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