A Quick Overview of Oil and Gas Law

Oil and gas law are a form of law that panels oil and gas manufacture and production. Oil and gas laws initiate who owns the right to pit for oil and gas. It regulates the conditions that excavations have to follow when they excerpt oil and gas. A part of oil and gas law is a combination of statutory law, common law, and administrative principles that controls the withdrawal and harvesting of these usual incomes in the US. Oil and gas conventions are an element of the broader topic of mineral rights. A section of real property may be extravagant in natural possessions, such as valuable metals or water. Energy-producing materials such as oil and gas can be profitable for those who seize them for consumption. A widely held portion of oil and gas laws are state laws. The central government has comparatively little to no control over oil and gas laws. Nevertheless, it is involved in letting and permitting on federal areas. In accumulation, the federal government also panels offshore boring. Oil and gas laws initiate who may mine for oil and gas, how they may excavate, and what happens when a dispute occurs.

Oil and gas rights can be possessed by any entity that can own assets in the USA. A person may own a certain part of oil and gas rights. Curtailing from this, state, federal, and residents can be owners as well. A substantial amount of oil and gas removal is undertaken through lease contracts to third-party oil and gas production companies. Oil and gas lawyers signify people and articles who are involved in numerous aspects of oil and gas manufacture. As many oil and gas companies have significant legal requirements, they are likely to hire attorneys as in-house counsel to accomplish all of their legal work. Comparable to the companies that tool, landowners require attorneys to help them transfer and draft contracts. While oil and gas law is largely transactional law, oil and gas arguments may also involve a lawsuit. In case of disputes, a lawsuit may be necessary to resolve these subjects. Attorneys may draw pleadings, conduct detection and present cases in disputed hearings. Oil and gas lawyers may be both transactional lawyers and litigators, contingent on their client’s requirements.

Oil and gas law is a system of energy law. Oil and gas lawyers signify energy-producing businesses and property-owners. The body of law delivers attorneys with the chance to work in various surroundings. A widely held part of oil and gas law is state law. Nevertheless, central law may apply. Oil and gas lawyers must understand various principles, permitting requirements, contract and common law, and property regulations that may be in their customer’s case.

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Professional Service

The Certainty of Uncertainty – The Benefits of an Estate Plan

By Nathan C. Enos

“The only thing that makes life possible is permanent, intolerable uncertainty; not knowing what comes next”
-Ursula K. LeGuin

 Regardless of your political affiliation, religious beliefs, or income tax bracket, if there is one thing 2020 has shown us, it is that certainty is rarely certain. No person could have predicted the ramifications the COVID-19 virus would have on Oklahomans, and the rest of the population, over the past year. Equally as unpredictable, are the effects we will face from this virus over the coming weeks, months, and years.

These unpredictable times have brought with them financial and mental challenges that mercilessly test even the most resilient individuals.  From business closures across the nation to travel restrictions for the foreseeable future, the way we go about our day-to-day lives has fundamentally changed. It is in times like these that people strive for some type of certainty. However, finding certainty in life can often be difficult, if not impossible. This sentiment was shared by Benjamin Franklin when he stated “…but in this world nothing can be said to be certain, except death and taxes.”  While facing mortality can be challenging, it is one of the very few guarantees we are given in life. The pandemic has forced many of us to think about our own mortality and how our loved ones will be cared for once we are gone.

Each and every day is uncertain, however, a properly tailored estate plan can remove much of that uncertainty and will provide you and your loved ones with the peace of mind that your health care, assets and property are properly managed in accordance with your wishes. At Enos and Hans Attorneys, PLLC, we understand that every individual’s assets, relationships, and wishes are unique – and your estate plan should be no different. For these reasons our Attorneys work diligently to deliver innovative and unique solutions to best identify and meet their long-term goals.

In these times of unpredictability, Enos and Hans Attorneys, PLLC take pride in providing clients, and their loved ones, with the peace of mind that comes with a comprehensive and unique estate plan individually tailored to each client.  A proper estate plan provides clear directions when it comes to an individual’s wishes, including, but not limited to:

  • Ensuring that your assets are distributed to the people or parties of your choice upon your death
  • Providing clear guidance regarding health care in the event you are unable to make such decisions due to incapacitation or disability
  • Establishing a trust or trusts that distribute your assets to certain parties upon your death, and without the need for probate
  • Initiating guardianship for any minor children
  • Creating a power of attorney which, in certain situations, grants a party or parties to act on your behalf

We can all use less stress in our lives during these times.  It is far better to create your estate plan years before you need it. Creation of an estate plan can ensure that your wishes are carried out once your day arrives. This will alleviate stress on both you and your loved ones. During the certainty of these uncertain times, we can all use less anxiety in our lives.

Feel free to contact me with any questions or if you would like to discuss how an estate plan could benefit you and your loved ones.

Nathan C. Enos

ENOS AND HANS ATTORNEYS, PLLC

1933 NW 39th Street

Oklahoma City, OK 73118

Email: Nenos@ehattorneys.com

Direct Phone : (405) 493-9911

Website : www.EHattorneys.com

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