A royalty owner’s mineral lease generally includes an initial bonus payment and royalty payments if hydrocarbons are discovered and produced. Payments are proportionate to the owner’s interest in the acreage.
Cameron W. George is CEO and a board member of Mesquite Energy, Inc., a privately held oil and natural gas exploration and production company focused on developing properties in the Eagle Ford Shale in South Texas.
Mesquite Energy operates in the western Eagle Ford Shale in South Texas and holds more than 400,000 gross acres. Its production comes from approximately 2,300 mature wells and includes oil, natural gas and natural gas liquids.
The page lists common situations that require changes to the owners database and says requests must be submitted in writing with the proper forms and documentation to the Lease Administration Department.
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