Welcome to Payzone – a wealth of information on the development of your minerals, important trends for mineral owners and news in the oil and gas industry. We originate articles that answer questions of concern from our clients, such as: “What are Mineral Rights?”, “What are Oil and Gas Royalty Income Taxes?”, and “What is Horizontal Drilling?”.
Mineral Owners News
What are Mineral Rights?
In most countries of the world all mineral resources belong to the government. This includes all valuable rocks, minerals, oil or gas found on or within the Earth. In the […]
August 24, 2012Read Article
Fracking Fears Unfounded
Dr. Mohamed Soliman, a Professor of Petroleum at Texas Tech University, says the concerns over hydraulic fracturing, or fracking, are unfounded. “Hydraulic fracturing is not a new thing. It has […]
July 25, 2012Read Article
Continuous Development Clauses
The predominant source of lease income for mineral owners comes from oil and gas royalties, not bonus payment, so the purpose of the continuous development clause is to incentivize the […]
July 24, 2012Read Article
What is an Overriding Royalty Interest?
An overriding royalty interest is the right to receive revenue from the production of oil and gas from a well. The overriding royalty is carved out of the lessee’s (operator’s) […]
July 11, 2012Read Article