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Oil and Gas Lawyer Blog

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How do seismic surveys work?

Seismic surveys have become the primary tool of exploration companies in the continental United States, both onshore and offshore.  3-D seismic surveys have lowered finding costs and allloowed exploration for reserves not locatable by other means, revolutionizing the industry.  Below is a non-scientific explanation of how seismic surveys work. A…

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Chesapeake Energy Master Drilling Plan Approved by Fort Worth City Council

Chesapeake Energy has obtained City approval for a “master drilling plan” that lays out plans to drill 69 horizontal wells from seven drilling locations within the City of Fort Worth.  The plan identifies the drilling locations and the gathering lines, and how produced water will be disposed of.  The plan shows how…

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Use of Bank Drafts for Bonus Payment in Oil and Gas Leasing

Exploration companies have traditionally used bank drafts to pay bonuses for oil and gas leases.  Since drafts look a lot like a check, they can be misleading to mineral owners.  Some mineral owners’ recent experiences with dishonored drafts have highlighted the problems with use of these financial instruments.  A draft…

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