toll free: 866-276-6179 | local: 281-VICTORY | (842-8679)
Practice Areas
- Commercial and Business Litigation
- Insurance Litigation: Property Claims
- Insurance Litigation: Medical & Life Insurance Claims
- Oil and Gas Law
- Offshore Injuries
- Catastrophic Injury Claims
- Bank Fraud Claims
- Rare Coin Fraud
- Pharmaceutical Litigation
- Medical Malpractice
- FLSA (Overtime) Claims
- Commercial Debt Collection
Firm Blog 
Oil and Gas Law
- Texas Oil Firm Heats Up Negotiations For Land Owners Fighting To Win The Best Mineral And Royalty Deal Possible
- The Top 10 Mineral Lease Negotiation Mistakes
Library
Oil and Gas Law
- Those willing to do a little homework can maximize the benefits from their mineral ownership by employing these tips.
- Oil & Gas 101: Oil and Gas Basics for the Mineral Owner
- How to Attract Leasing Interest from an Oil and Gas Company - What You Need to Know
Representative Clients
- Ignis Petroleum Group, Inc.
- Ovation Health Services
- MediaFire.com
FAQs
What is used to evaluate properties before they are sold?
A: Normally, common evaluations are determined by the following:
1. Production History - (Decline Curves and Water Rates) of the Field and/or Leases
2. Operators Reputation - Some just get it done better than others.
3. Reservoir Formation - Some Reservoirs have longer production histories than others
4. Commodity Price Risk - Gas, Oil, or both - is it sour, treated, etc.
5. Future Production and Development
6. Interest Type - Royalty, Overriding Royalty, Mineral Rights and Interest, Non-Participating Royalty Interest, or Working Interest.
7. Historical Cash Flows and Averages for: 12 months, 6 months, and 3 months.
8. Tax Rates - Tax Rates for Purchase and Severance may be too high, low, or non-existent pending your state of where the interest is located, which affects a properties value and offer rate.
Normally, the information above is used to calculate current reserves with a prediction of future reserves and cash flows. The objective is to offer fair market value while addressing risks and uncertainties that may be involved in future interests and commodities prices.
The Voss Law Firm, P.C.
The Woodlands, TX 77380
Phone: 281-VICTORY
Toll free: 1-866-276-6179
Fax: 713-861-0021
The Voss Law Firm, P.C. represents clients on a local, national and international basis. We proudly serve all Texas counties and cities including but not limited to the following: Harris County, Montgomery County, Jefferson County, Houston, The Woodlands, Beaumont, El Paso, San Antonio, Austin, Sugar Land, Dallas, Fort Worth, Orange, and Port Arthur, as well as companies and individuals along the Gulf Coast and around the globe.
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The Voss Law Center
26619 Interstate 45 South
The Woodlands, TX 77380
Phone: 281-VICTORY (842-8679)
Toll Free: 866-276-6179
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Oil and Gas Law:
Need help in the Oil and Gas Industry? Watch ...Testimonials
- I got treated with respect and things went very well.
- I look forward to a lasting relationship. I will refer you many clients as we move down the road.
- Bill Voss was able to quickly grasp our market space, legal challenges and resource obstacles efficiently.
- I will definitely recommend The Voss Law Firm to all my friends and associates.
- Por medio de la presente les doy las gracias por su bien trabajo y aprecio los buenos resultados.
- I want to thank you for all your help and I will recommend you guys to my friends and family. - J. Penaflor