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US Legal Forms
Localized Forms
Texas
Plano
Division Orders

Plano Texas Division Orders

Category:

Oil Gas and Minerals - Landman

State:

Multi-State

City:

Plano

Control #:

US-OG-1205

Format:

Word;

Rich Text

Instant download

Buy now

Description

This form is used for division orders or purchaser information.

Free preview

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Interesting Questions

Can division orders change over time?

Absolutely! Division orders can change if ownership changes or if production levels shift. It's wise to keep an eye on them and make sure your info is up to date!

Do I need to sign the division order?

Yes, signing the division order usually means you're okay with how the royalties are divided. Think of it as giving your thumbs up to the arrangement.

What if I disagree with the division order?

If something doesn't sit right with you in the division order, it's best to reach out to the oil company directly. It's always good to clear the air and discuss your concerns!

Who prepares the division orders?

Usually, the oil and gas company that operates the well prepares the division orders. They want to make sure everything is above board and everyone is on the same page.

Why do I need a division order?

You need a division order to ensure you receive the correct amount of royalties from oil and gas production. It's like having a signed agreement on how to divide the pie!

What exactly are division orders?

Division orders are documents that tell you how oil and gas royalties are split up among folks involved in a well. They make sure everyone gets their fair share based on ownership.