Welcome to Payzone – a wealth of information on the development of your minerals, important trends for mineral owners and news in the oil and gas industry. We originate articles that answer questions of concern from our clients, such as: “What are Mineral Rights?”, “What are Oil and Gas Royalty Income Taxes?”, and “What is Horizontal Drilling?”.

Mineral Owners News

Continuous Development Clauses

Continuous Development Clauses

The predominant source of lease income for mineral owners comes from oil and gas royalties, not bonus payment, so the purpose of the continuous development clause is to incentivize the […]

July 24, 2012

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What is an Overriding Royalty Interest

What is an Overriding Royalty Interest?

An overriding royalty interest is the right to receive revenue from the production of oil and gas from a well. The overriding royalty is carved out of the lessee’s (operator’s) […]

July 11, 2012

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