Scope & Objectives
- Trend Mapping—includes color coded well and recent drilling permit locations.
- Ranch Mapping—Aerial photographs and ranch boundaries.
- Custom Mapping—custom features can be added to any of the above maps such as oil and gas facilities, pipelines, geologic data, deer blinds, ranch roads, headquarters, etc.
Oil and Gas Asset Inventory
A listing of clients oil and gas properties including gross acres, net acres and interest in order to identify the appropriate attention to give to each property.
A broad review of client’s data including check details, maps, leases and title documents on a specific property. The Preliminary Evaluation includes a Trend map showing the surrounding oil and gas activity and recent drilling permits.
Check Detail Maintenance
Utilizing our LandTracker database TMMC professionals memorialize check detail information pertaining to volumes, prices, deductions, expenses, taxes, and adjustments.
TMMC maintains accurate and consistent records of royalty payments on a well and lease basis which relieves the overwhelming burden for royalty owners to reconcile the enormous amount of data necessary to validate correct royalty payments.
A highly detailed report relevant to one specific oil & gas lease. The Diagnostic Report includes:
- A series of reports on associated wells and their production history.
- A comparison of production volumes reported to the Texas Railroad Commission and the clients check details.
- Paying quantities review.
- Oil & gas lease analysis.
- Recommendations for resolution of areas of concern.
- Identifying possible lease termination or underpayment issues gives the client decision making power.
Oil & Gas Lease Compliance
Older leases frequently do not afford the landowner sufficient protection of the surface and often do not clearly require the oil company to measure, meter, and sample the production properly as required by law. Additionally, outdated leases can allow for operator deductions, such as fuel, transportation, and marketing.
Oil & Gas Lease Negotiations
The best negotiation tool in the world is the ability to walk away. The lease provides the rules by which exploration will be conducted and royalties paid. However, one size does not fit all. Each lease TMMC negotiates is tailored for the specific client and acreage. There are basically three levels of leases:
- Printed Form.
- Printed Form with additional riders.
- Manuscript Form.
Negotiation of leases is an important process as well as a delicate art. TMMC clients benefit from our 30-plus years of experience in identifying and fighting for maximum compensation and critical lease provisions.
Royalty Surface Inspections
Whether for royalty audits or surface reclamation, TMMC works closely with landowners to address their concerns and insure that their property is returned to its original condition. TMMC documents its observations with photographs, maps, and reports and makes recommendations for corrective action.
We help insure that revenue is maximized and surface impact minimized.
Lease Royalty Audit & Litigation Support
TMMC spearheads the audit process by gathering and analyzing the critical data needed by lawyers, accountants, engineers and other professionals. Additionally, TMMC correlates this critical data with actual operations on the ground with field and surface inspections.
Verifying correct royalty payment gives clients peace of mind that royalties are being paid in compliance with the lease.
Pipeline negotiations present some of the most difficult challenges facing surface owners. Timing and experience are critical.
TMMC leverages its experience to the client’s advantage to bargain for best compensation, location, and contract.
Surface Inspection and Reclamation
Surface use, post-drilling cleanup and reclamation of the land are clearly outlined in modern leases. However, operators sometimes disregarded the terms, especially during periods of escalated exploration brought on by increasing oil and gas prices. In older leases provisions for cleanup and surface restoration are not even addressed. The absence of such agreements and non-compliance with existing ones creates unnecessary tension between the surface, mineral, and leasehold owners and creates needless exposure to safety and health hazards.
Trinity Mineral Management, Inc., works closely with landowners to address their concerns and ensure that their property is returned to its original condition while balancing the interest of the operator to preserve exploration. Trinity experts understand that compliance is easier to monitor and surface issues are more cost-effective to manage when rules are established upfront. They recommend equitable agreements that spell out exact surface use allowances, restoration procedures and compliance deadlines. In the case of old leases, Trinity experts conduct visual inspections of oilfield operations and make recommendations for upgrading leases to modern standards.
Trinity Mineral Management documents its observations and concerns with photographs and makes recommendations for corrective action, ensuring that operators are providing cleanup as required by the lease.
Trinity Mineral Management evaluation services include:
Trinity experts recommend GPS receivers to pinpoint problem locations and document locations for emergency response, if needed.
Trinity documents abandoned oilfield equipment and unsightly and hazardous debris.
Trinity experts assess the installation and maintenance of pipelines, noting whether they are sufficiently buried and that pipeline right-of-ways are properly terraced and free of erosion.
Trinity conducts a thorough inventory of wells, noting ones that have failed to produce for a period of time and ensuring that abandoned wells, that no longer have production possibilities, are not left unplugged.
Trinity identifies oilfield roads needing attention.
Trinity experts conduct visual inspections of operating areas, ensuring that they are clean and in order. They look for properly installed berms around tanks and investigate whether drip buckets are installed on ends of load lines and are not rusted or overflowing. They document spills, pipeline leaks and evidence of contamination.