Oil & Gas Leasing
Acquiring title to property is the initial step in developing a prospect.
As the foundation of any development program, the quality of acquisition and title work significantly impacts your investment. For this reason, we are dedicated to providing accurate and timely results.
J. Fred Hambright, Inc. has the experience and resources to meet your leasing, title and acquisition objectives across the United States. We provide an extensive array of land functions to help our clients at every stage, from planning and establishing a new acreage position, to maintaining and growing existing operations.
Oil and Gas Lease Acquisitions
The key components of a leasing project include conducting a lease check, performing title work, and managing the negotiation and closing process. Establishing strong relationships with landowners is crucial for a successful acquisition strategy. We utilize our extensive experience with large-scale acquisitions to enhance process efficiency and provide superior title work on behalf of our clients. By working collaboratively with our clients, we help them build their land position or acquire infill acreage to support their future development plans.
Nationwide Coverage
We operate throughout the United States and possess specialized leasing experience in major oil and gas basins. Each project’s processes are tailored to meet the specific requirements of local jurisdictions and courthouse policies. We use our experience and relationships to effectively connect with landowners.
Acquisition Process
A comprehensive acquisition process starts with surveying “open” acreage and developing an acquisition strategy in collaboration with our clients. We conduct on-site negotiations, perform title research, and verify ownership. Additionally, we facilitate payment and ensure proper document execution and recording.
GIS-Powered Tracking
Our GIS platform enables real-time updates, tracking and collaboration between multiple parties. Live maps contain multiple layers of data related to project and title status that serve as a powerful visual for sharing information and progress with clients. Our accurate maps are crucial in planning and development.
Title and Abstracting
Title research is essential to the leasing process. It is important to accurately identify and contact the rightful owners of an interest. We prepare title abstracts and title “runsheets” to determine the exact ownership interests. Conducting high-quality title work at the outset helps reduce title costs in the future.