LAND ADMINISTRATION: THE IMPORTANCE OF LEASE RECORDS & DIVISION ORDERS

The oil and gas industry provides essential resources for the world. Two critical components are lease records and division orders. Lease records are contractual agreements between landowners and companies for the exploration and extraction of oil and gas, while division orders outline the distribution of revenues among all parties. This white paper explores the significance, processes, challenges, and best practices related to oil and gas lease records and division orders.