• What's the difference between oil leases and gas leases?

    Oil and gas leases are typically combined into one agreement covering both minerals. The lease grants rights to explore, drill, and extract oil and gas from the property. At The Law Offices of Lance K. Bruun, we handle comprehensive lease negotiations covering both resources and associated agreements.
  • How does royalty accounting work in Texas?

    Royalty accounting involves calculating and distributing payments to mineral rights owners based on production volumes and market prices. Accurate accounting requires proper documentation of production, deductions, and payment timing. We help clients understand royalty statements and resolve accounting disputes in Corpus Christi area operations.
  • When should you contest a will in Texas?

    Will contests should be filed within two years after probate begins, though earlier action is better. Valid grounds include lack of mental capacity, undue influence, fraud, or improper execution. Our firm handles will contests and helps families navigate complex inheritance disputes.
  • What are farmout agreements in oil and gas?

    Farmout agreements allow one party to earn interest in oil and gas leases by drilling wells or performing other obligations. The original lessee transfers rights to the earning party upon meeting specified conditions. These agreements help spread drilling costs and development risks.
  • How do commercial lease negotiations work?

    Commercial lease negotiations involve terms like rent, length, renewal options, maintenance responsibilities, and use restrictions. Both landlords and tenants need legal review to protect their interests. We assist Corpus Christi businesses with lease negotiation and property transaction guidance.
  • What's involved in title examinations for minerals?

    Title examinations trace ownership history of mineral rights through public records, identifying current owners and any encumbrances. This process reveals potential title defects that could affect drilling or production rights. Thorough examinations prevent costly disputes and ensure clear ownership chains.
  • When do you need guardianship proceedings?

    Guardianship proceedings become necessary when someone cannot manage their personal or financial affairs due to incapacity. Courts appoint guardians to make decisions for incapacitated persons. We handle guardianship cases and help families navigate this complex legal process in Texas.
  • What are seismic agreements in oil exploration?

    Seismic agreements grant permission to conduct geological surveys on property to locate potential oil and gas deposits. These agreements specify compensation, surface damage restoration, and operational restrictions. Proper agreements protect landowner rights while enabling exploration activities.
  • How does debt collection work for businesses?

    Business debt collection involves formal demand letters, negotiation, and potential litigation to recover unpaid amounts. Texas law requires specific procedures and notices for collection actions. Our firm helps businesses recover debts while complying with applicable collection regulations.
  • What's a muniment of title proceeding?

    Muniment of title is a simplified probate process in Texas when there are no debts except secured by real estate. The court admits the will to probate without appointing an executor. This streamlined process transfers property ownership more quickly and cost-effectively than full administration.