Taos, New Mexico
Landman services are a key component of the oil and gas exploration industry. This is due to the fact that companies have to keep valuable records of the leases that they have purchased.
They need to know the type of quality in the assets they have acquired over time. It is a very crucial part of the process, as these entities need to know what they have on their books. Landman services provides a way for leaders and managers to keep track of their different gas exploration and oil exploration properties.
Let us take a look at a situation. Let’s say that Clinton oil title is a company that purchases 5,000 leases from the Ocasio gas title company. Clinton oil title company was happy because they were able to get these leases for a steal. On further analysis though, they realized that were was a problem with the deal. They found out that Ocasio gas title company did not have the right and proper records of the underlying assets.
Clinton oil title is a company that wants to make sure that they are getting a great value and that they have purchased something that is actually valuable to them. They will want to make sure to conduct a cursory lease check by a proficient firm such as Majr Resources.
This way, the leaders and managers at Clinton oil title will know more about their leases and more importantly, they will have a better idea of which of these areas holds a better potential to bring back the best returns.
The Clinton oil title company in this scenario needs to know the situation in regard to severed mineral rights; or the situation in regard to the oil lease and type of entities that it was given to. In the real world, firms like this hypothetical Clinton oil title company need to know if they were given a path to the right parties in the past and they need to know how many of these are within the held by production clause.
Simply stated, a cursory order translates to allowing the individual who is having it conducted to know what exactly is going on with the purchase.
Landman Services Can Be Comprehensive
Landman services can be a broad term in the oil exploration and gas exploration industry. This is so because landman services can include the work of making sure that the rights to drill on a property is properly secured. These properties and their rights might be in the hands of the different private sector clients or in the hands of different public sector branches.
Landman services also includes conducting the right type of thorough research and due diligence on a property. Furthermore, landman services can also include activities such as the need for negotiation with different parties who own the land for the purposes of oil exploration and gas exploration.
Majr Resources is Your Go To Provider for These Services
If you are in need of proper due diligence for acquisitions that range from small or large types of deals, know that Majr Resources is here to help. With a vast array of experience in different aspects of the industry, we will make sure to provide you with the services that you may require while meeting the level of service that you expect.