Do you know the difference between a Bonus Payment, Delay Rental Payment, and Royalty Payment? Or a Pipeline Easement or Right-of-Way Payment?
If you are like most landowners with an oil or gas lease, many or all of these payments may be coming your way.
Each has its own unique characteristics you need to understand in order to structure them to your advantage and ensure you are being paid and taxed fairly.
Before you enter into any legally binding contracts, you should have them reviewed by an attorney who is knowledgeable and experienced in state oil and gas laws, as well as an accountant who understands the federal and state tax implications associated with these unique contracts.
No matter where you are in the leasing process, Northwest is here to help.
Our team of attorneys, bankers, lenders, and investment professionals all work on salary and your needs are their top concern. Each possesses unique training and expertise in the oil and gas lease issues that landowners face.
Northwest's Royalty Manager™ can give you everything you need to understand what is happening with your lease and how it affects your future.
Click HERE for Step 3: Managing Lease Income.
Contact Us for more information.