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2. Mineral rights - Wikipedia

   en.wikipedia.org/wiki/Mineral_rights

   A surface use agreement (SUA) is a contract between a property owner and a mineral rights holder that dictates how the mineral rights are to be developed. [20] Meaning, when mineral rights are extracted by a company that does not own the property above where the minerals are located, the company has the legal right to extract those minerals ...

3. Oil and gas law in the United States - Wikipedia

   en.wikipedia.org/wiki/Oil_and_gas_law_in_the...

   When a mineral owner signs a lease, he receives a royalty interest. Overriding Royalty Interest: An overriding royalty interest is a share of income received, unconnected to either mineral ownership or working interest. A person or company may receive an overriding royalty by a contract with an owner of a net revenue interest.

4. Peevyhouse v. Garland Coal & Mining Co. - Wikipedia

   en.wikipedia.org/wiki/Peevyhouse_v._Garland_Coal...

   The United States Court of Appeals for the Tenth Circuit determined in Rock Island Improvement Co. v. Helmerich & Payne, Inc., 698 F.2d 1075 (10th Cir. 1984) that the Oklahoma Supreme Court relied on an Oklahoma statute providing that "no person can recover a greater amount in damages for a breach of an obligation than he would have gained by ...

5. Oklahoma Energy Resources Board - Wikipedia

   en.wikipedia.org/wiki/Oklahoma_Energy_Resources...

   The Oklahoma Energy Resources Board (abbreviated OERB) is an agency of the state of Oklahoma.Funded voluntarily by Oklahoma's oil and natural gas producers and royalty owners, the OERB conducts environmental restoration of orphaned and abandoned well sites, encourages the wise and efficient use of energy, and promotes energy education.

6. Production sharing agreement - Wikipedia

   en.wikipedia.org/wiki/Production_sharing_agreement

   In production sharing agreements the country's government awards the execution of exploration and production activities to an oil company. The oil company bears the mineral and financial risk of the initiative and explores, develops and ultimately produces the field as required. When successful, the company is permitted to use the money from ...

7. Osage Nation - Wikipedia

   en.wikipedia.org/wiki/Osage_Nation

   They had retained communal mineral rights during the allotment process, and many Osage became wealthy through returns from leasing fees generated by their Osage headrights. During the 1920s and what was known as the Reign of Terror, they suffered manipulation, fraud and numerous murders by outsiders eager to take over their wealth.

8. State, tribal agreements to go under the microscope at ... - AOL

   www.aol.com/state-tribal-agreements-under...

   Under the agreements, Oklahoma and tribal governments split the tax money collected from tobacco products sold on tribal lands. More: What to know about Oklahoma's newest tribal compact dispute

9. Petroleum fiscal regime - Wikipedia

   en.wikipedia.org/wiki/Petroleum_fiscal_regime

   The companies obtain exclusive rights to extract crude oil and natural gas in a defined area for a limited time. If more than one company are assigned a license, the government will provide a joint operating agreement which states each partners equity share.