Landman services in Fort Worth Tx are a necessary part of any project. The mineral and fracking boom made landowners aware of the need to negotiate with extraction firms. Projects themselves require extensive mapping and management to succeed. With over ten years of experience and a team of seasoned veterans, Tracker Services LLC is ready to help.
How do I extract oil and minerals?
Valuable deposits lie beneath the surface across Texas. The resources require advanced equipment, manpower, and invasive procedures to extract.
Once discovered, mapping needs to find the boundaries of a deposit and original ownership determined. If the land is under a lease, other property owners may still be affected. GIS and contract services help ground extraction in the legal framework required to avoid future problems.
The production itself is heavily regulated and highly technical. Wells are drilled, routes created, and equipment placed. Every activity needs to reasonably accommodate the needs of the surface property owners. This can create complex engineering problems.
Extraction often requires access to other minerals. While surface and subsurface property rights are separate under Texas law, groundwater belongs to the surface owner. Using this water requires further negotiation with the owner.
The process does not complete once resources are extracted. Surface owners often require that property be repaired to a nearly original state. This cost is considered in the initial negotiation. Royalties need to be paid as well.
How can a land services company help with my project?
Land services companies handle everything from negotiation to project management. Our work starts the moment a potential parcel is identified.
We help clients establish a chain of ownership and contact every claimant. Once parties are identified, leases form or rights are purchased. Leasing land requires deciding future royalties.
Mapping services form the basis of every contract. GIS helps lay out the exact boundaries of a deposit. This knowledge allows parties to create rights of way and assure that the reasonable accommodation is met in accordance with the law.
Land services do not end with mapping and the formation of contracts. Project management keeps you on schedule and within budget. At times, additional claimants and loopholes are discovered. Contract curation ensures that the original terms remain in place without creating a significant burden to you or the claimants.
Tracker Services LLC understands every step of the process. We offer to help with every step of extraction.
Landman services in Fort Worth TX
Texas is mineral rich. Natural gas and oil are a part of our state history. Extraction firms abound to attend to the different aspects of your project.
You need a capable company backed by experience. We established Tracker Services LLC in 2007 and serve much of the Southern US from our base in Texas. With offer over ten years of experience from a management team in the industry for over forty years in Fort Worth.
If you need help establishing the legal framework for an energy project, need help with land management, or are in the throughs of extraction, we can help. Get in touch today to find out more.Landman Services Fort Worth Tx
Leasehold acquisitions in Fort Worth TX or any part of the state is increasingly complex. As the mineral boom continues, landowners are increasingly savvy on how to avoid pitfalls and seek favorable terms to avoid future complications. Leasing land to determine value is the first step to further negotiation with Tracker Services LLC providing expert advice and aid throughout the entire process.
What is leasehold acquisition?
It is unprofitable to make an offer without understanding the rights they seek to purchase. Leasing mineral rights allow companies to enter, conduct tests, and determine if suitable resources exist beneath the surface.
Leases are valuable tools when you are unsure of the quantity or amount of minerals on a property. They are less expensive and ask for the ability to determine the value of the land.
Surface owners are incentivized to accept leases. While they grant property to a company for a limited time, they profit from the process and receive more knowledge of the value of the land. If production does not commence, rights to the property and resources revert to the owner.
Typically, the original owner seeks to benefit from any discovered minerals as well. The owner normally receives a royalty payment specified in the original agreement.
Am I limited in the tests I can conduct?
While they tend to profit from the overall transaction, landowners seek to avoid expensive damage to their land. Conditions are placed in the lease limiting the ability of the extraction company.
Exploration is invasive. Holes are drilled, machines are brought onto the property, and heavy equipment used. The accommodation of manpower alone may produce undesirable side effects. Anticipating and defining conduct is a part of nearly any lease.
What happens if minerals are found on a leased parcel of land?
Once the lease is signed and testing completed, minerals may or may not be found on a parcel. If found, production may begin. Landowners typically negotiate a royalty payment, a portion of the profits obtained from extraction.
The royalty payment is defined in the lease. It is necessary to obtain the most information about a plot before entering any contract. This allows you to avoid the need to use expensive techniques making extraction unprofitable.
If no minerals are found, or the expenses of acquiring minerals is too great, it is possible to let the lease expire. The rights revert to the original owner.
How can a professional help me with leasehold acquisitions in Fort Worth TX?
Lease acquisition is an intimate process. Tracker Services LLC has over a decade of experience in extraction. We help clients find and acquire resources with ease, understanding all legal complications and issues surrounding the process.
Our firm operates across the United States including our home base of Texas where our management team accrued over forty years of experience. Other areas of operation include Wyoming, Colorado, Oklahoma, Kansas, New Mexico, and Louisiana.
If your firm is interested in acquiring minerals but do not know the value of the mineral rights, contact us today. Our team of lease acquisition experts is ready to help you.
Right-of-way is one of the most important considerations that you have when you acquire or expand your services. When you need to resolve issues of ownership and gain access to the use of the property for your business you don’t need to do it alone. We offer expert right-of-way management in Texas to help you with your business.
What is Right-Of-Way?
Right-of-way is a type of easement of property that allows access to someone else’s land. When you need to put in a pipeline or expand oil and gas services you may need to obtain permission from other landowners to use a portion of their property. Your pipeline or road may need to extend through several or many additional parcels of land to reach the final destination. The process of right-of-way management in Texas is complicated and time-consuming. You can leave the control to a company that specializes in projects of this type.
How Easements Work
An easement is an agreement between parties that allows the use of a particular portion of land for a specific period. The easement should be included in the deed description and should remain in place even if someone sells the property to another party. Once a landowner grants easement he cannot build on that portion of land, border it with fencing, or do anything else that could hinder use by the other party. Both parties must know and agree to, the exact location of the easement. Once you obtain easement rights, you can use them now or later. We offer services for right-of-way management in Texas to make the process easier and less stressful.
How Can I Get Right-Of-Way?
When you want to gain the right-of-way to a property, you must negotiate with the landowner to determine the terms of the agreement. Sometimes getting easement rights can be difficult because you may need to work with several different property owners. It is best to use an experienced professional for right-of-way management in Texas. Projects often require the planning, acquisition, reporting, and control of easement rights. You must secure use rights before you can begin your project.
Obtaining and Controlling Right-Of-Way
Getting and controlling easement rights can be difficult and complicated, especially when you need multiple easements. It is helpful to work with an acquisition team that has experience and knowledge working with right-of-way management in Texas. Our team of experts handles all of the issues involved in the project including routing, permitting, engineering and construction. We work with companies to arrange for easement acquisition for even the most complex projects. We understand how to manage the many aspects of these types of projects and bring you our expertise and attention to detail for each venture. At Tracker Services, LLC, we are committed to providing high-quality, cost-effective project management for leaders in the energy industry. We work on all size projects. Whether you need to acquire just a few easements or many, we can help. Contact us today for our outstanding services.
Texas is the largest state in the union but one that also still provides a great deal of our petroleum. That is why becoming a landman can become a lucrative venture for those living in Texas. After all, companies like Tracker Services LLC provide service to oil, natural gas, and alternative energy companies not only in Texas but throughout the country.
These companies extrapolate petroleum oil used for various services and are regulated by the American Association of Professional Landmen.
What landman services are available in Texas?
The services provided by landmen in Texas include a great many things. They can involve negotiating for the acquisition of mineral rights, negotiation for the exploration or development of materials through business agreements, researching public and private records to determine ownership in minerals, reviewing title status, fixing title defects and reducing associated risk with mineral ownership and much more.
Essentially, landmen handle all the behind-the-scenes paperwork when it comes to the ownership of minerals and petroleum mining procedures. “Landmen” is a generalized term as women also practice through practitioners.
What are the different versions of landmen?
There is Registered Landman (RL), which is the initial level of certification. It signifies a fundamental knowledge as well as a commitment to furthering their education. Registered Professional Landman (RPL) is the mid-level designation assigned by the AAPL. This distinction signifies that the landman is knowledgeable, experienced and profession. This also requires sponsorship from three CPL certified individuals. Lastly, there is the Certified Professional Landman (CPL) which is the highest level offered in the industry. CPL is the standard and requires the sponsorship above, a proctored test as well as other requirements.
How much does a landman make in Texas?
Landmen can make quite a good salary in Texas these days. Though the sample size is on the smaller side because the industry itself is not that large in terms of employees, the salaries do range reasonably high. Salaries are taken from the AAPL Landman Compensation Study held by Forrest F. Asen Jr., Ph.D.
It is found that the average salary in 2010 for company landmen was $124,641 while the median salary was $110,000. For independent landmen, the average was larger ($126,608), though the median was lower ($90,000).
Some factors can affect what a landmen earns can revolve primarily around education. Those landmen with only a high school education earn a median salary of $90,000 while those with a Ph.D. earned over $152,000. Not only that but men out-earned women by almost $31,000 on average, creating a wide gender gap.
How do you become a landman?
Becoming a landman generally requires prior education. A bachelor’s degree from a four-year university has become a must for most companies. Some of the experience required, though, only comes from doing the job itself.
Typically, landmen have to start as a land tech, lease analyst, title analyst or leasing agent before they can move up. They also have to take the certification course offered by the American Association of Petroleum Landmen (AAPL) and enroll in a petroleum land management program at an accredited university.
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