Lease Dispute Takes Aim At The Legality Of Deductions
Leases between mineral interest owners and oil and gas exploration companies should be symbiotic. Mineral interest owners obtain payments for the oil or natural gas sitting under their land while oil and gas companies turn a profit collecting, refining, and selling a finished product. However, one of the biggest areas of contention in lease disputes is the amount of deductions made on behalf of the oil and gas company.