What Does "Held By Production" (HBP) Mean for Oil & Gas Leases?

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  • Опубліковано 6 лис 2024

КОМЕНТАРІ • 2

  • @bigtone751
    @bigtone751 Рік тому +1

    This is a great video, very informative! Thank you Tracy.

  • @Cherokeeindianoklahoma
    @Cherokeeindianoklahoma 4 місяці тому

    What if you own a undivided minerals interest in all depts and in the units , carried working or a Override is the operator. The research that is done can you explain? To look up minerals owners officially, and whom determines to exclude a mineral owner owners area they own out of the lease? Certainly if the unit is shut in do to over flow would they not have to keep that area in for at the bar minimum for maintenance or a possible worke over? I do not need legal advice however trying to interpret the lease in which was bought out from another etc.