Royalty owners’ minerals lease agreements generally consist of an initial bonus payment when the lease is signed, followed by royalty payments if and when hydrocarbons are discovered and produced on your mineral acreage. Once hydrocarbons are producing on your minerals, you will begin to receive royalty payments proportionate to your ownership interest in the acreage.
The lease will be in effect for the life of the well, which is why you should carefully evaluate the operator who will drill on your minerals before you sign a lease. At Sanchez Oil & Gas Corporation (“SOG”) we understand how important it is for us to efficiently and quickly service the requirements of our royalty owners, and we commit to each royalty owner that we will do our best to provide the personalized service a royalty owner expects.
Working Interest Owners
The exploration and production business is comprised of many companies, some publicly traded, others privately held, which range in size and experience, and there is a wide variance of operational success in our industry. This is why we believe it is critical for potential working interest owners to consider the company that will be drilling wells and producing on your minerals or on projects in which you have a working interest.
SOG has a successful track record of drilling and completing wells, and our operating results are readily available for potential partners to evaluate. If you have any questions or you have minerals if you would like to lease, please do not hesitate to contact our Owner Relations Department.