A Houston Texas Limited Power of Attorney to Deal with Oil and Gas Properties is a legal document that grants an individual, known as the attorney-in-fact or agent, the authority to handle specific tasks related to oil and gas properties on behalf of the principal. This power of attorney can be customized to best suit the needs of the principal and can have various types based on the extent of authority granted. Here are a few types of limited power of attorney specific to oil and gas properties in Houston, Texas: 1. Houston Texas Limited Power of Attorney for Lease Negotiation: This type of power of attorney empowers the agent to negotiate and enter into lease agreements for oil and gas properties in Houston, Texas. The agent can represent the principal in dealing with potential lessees, reviewing lease terms, and signing lease documents. 2. Houston Texas Limited Power of Attorney for Royalty Management: With this power of attorney, the agent is authorized to manage the collection and distribution of oil and gas royalties on behalf of the principal. The agent can communicate with royalty mayors, verify payment accuracy, resolve any disputes, and handle necessary paperwork. 3. Houston Texas Limited Power of Attorney for Property Management: This type of power of attorney grants the agent the authority to handle all property management activities related to oil and gas properties. It could include tasks such as renting out the property, overseeing repairs and maintenance, and managing tenant relationships. 4. Houston Texas Limited Power of Attorney for Contract Administration: With this power of attorney, the agent is entrusted with the responsibility of reviewing, negotiating, and executing contracts related to oil and gas properties. This may include contracts for purchasing or selling properties, service agreements, or any other contracts pertaining to the operation of the properties. 5. Houston Texas Limited Power of Attorney for Regulatory Compliance: This power of attorney type empowers the agent to ensure compliance with various regulatory requirements governing oil and gas properties in Houston, Texas. The agent may handle matters such as obtaining necessary permits, filing required reports, and addressing any compliance-related issues. A Houston Texas Limited Power of Attorney to Deal with Oil and Gas Properties is a valuable tool for property owners who wish to delegate specific tasks and decision-making authority to a trusted individual. It is crucial to consult with an attorney or legal professional familiar with local laws to draft a power of attorney that aligns with individual circumstances and requirements.