What is a natural gas division order?

A Division Order is an instrument which sets forth the proportional ownership in produced hydrocarbons, including crude oil, natural gas, and NGL's. Sometimes the Division Order is referred to as a division of interest. More often than not, a single well or lease will have multiple owners.

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Oil and Gas Division Order

Bexar Texas Oil and Gas Division Order

Name: Bexar Texas Oil and Gas Division Order
Brand: US Legal Forms
Rating: 4.85 (219 reviews)

Category:

Oil Gas and Minerals - Division and Transfer Orders

State:

Multi-State

County:

Bexar

Control #:

US-OG-323

Format:

Instant download

Description

This form is used to determine revenue payments and is issued to interest owners for a signature. The form includes the name of the interest owner, the interest for each interest owner, a legal description of the property, and the operator's name.

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FAQ

A Division Order is an instrument which sets forth the proportional ownership in produced hydrocarbons, including crude oil, natural gas, and NGL's. Sometimes the Division Order is referred to as a division of interest.

Content. A division order is a record of your interest in a specific well. It contains your decimal interest, interest type, well number and well name. Division orders are issued to all that own an interest in a specific well after that well has achieved first sales of either oil or gas.

A division order is a record of your interest in a specific well. It contains your decimal interest, interest type, well number and well name. Division orders are issued to all that own an interest in a specific well after that well has achieved first sales of either oil or gas.

A division order is a contract between you and the operator (an oil and gas company). Typically, receiving a division order means that the operator is about to drill, or that the operator has already drilled a well and your minerals are producing.

The purpose of a division order is to protect the company paying the royalty (payor) from double liability. If you sign a division order and it turns out that you should have been paid a larger interest than shown on the division order, the company is protected as long as it paid according to the division order.

In Texas, courts have held that division orders are executed without consideration, but that they are an enforceable agreement until they are revoked. A division order can be revoked at any time by either party, after which it has no further effect.

A payor is legally entitled to require that you sign a division order correctly setting forth your interest as a condition to payment. To understand division orders, it is helpful to understand how exploration companies handle royalty payments.

More info

Find out what could be causing the problems and actions you may want to take. What is a Division Order?City of Alpine Gas Department . Code of Ordinances Supplement 133. Online content updated on April 29, 2022. The Department of Geology, Baylor University, Waco,. Kenneth A. Hitt leads the Oil and Gas Division of Capitol Appraisal Group, LLC. Theoretical relations of gas, oil, and water in the reservoir rock. In the e-mail subject line, state the document name (i.e. Property, Bexar County, Texas.

Bexar Texas Oil and Gas Division Order

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