Leasing Information

Areas Where We Currently Lease

• Arlington
• Bedford
• Cleburne
• Euless
• Fort Worth
• Hurst
• Joshua
• Kennedale

*The cities listed above are the general areas where we are currently leasing. Please contact our office to determine if Purple Land Management is leasing in your neighborhood.

Frequently Asked Questions

• If I own a piece of property, does that mean I own the minerals?
  Not always. In Texas, if you buy a piece of property and receive the rights to the minerals (usually visible in the warranty deed), then you own the minerals in addition to the surface. Sometimes, minerals are reserved (not sold) by someone selling a piece of property to another person. In this case, the new owner would only own the surface and not the minerals beneath the surface.
• I have multiple properties in Fort Worth. Why are multiple companies (brokers) contacting me?
  Producers/operators, such as Chesapeake Energy, hire land brokerage companies, such as Purple Land Management, to lease properties on their behalf. These authorized brokers are assigned to specific areas within the Barnett Shale and only have the authority to lease within those areas. Therefore, if you own multiple properties throughout the Barnett Shale, it is possible that you will be contacted by multiple brokers who are assigned to work specifically in the area where one of your properties is located.
• How is the bonus payment calculated?
  A bonus payment is most often calculated based on the size of the acreage of the property for which you are leasing.
• What is the difference between leasing and selling my mineral rights?
  If you choose to lease your minerals to a producer/operator, it simply means you are allowing that company to produce minerals, such as natural gas, that you own within the terms outlined in an oil and gas lease. Leasing your minerals to a producer/operator for production purposes allows you to receive royalty payments if the well produces natural gas and it is sold at market. If you sell your minerals, most often when selling a piece of property, you no longer own the minerals and have no authority to lease, sell, or produce those minerals.
• When will I receive my bonus payment?
  You will receive a bonus payment 60 days following the execution of an oil and gas lease.
• What is the relationship between Purple Land Management and Chesapeake Energy?
  Purple Land Management is an authorized broker for Chesapeake Energy in the Barnett Shale. This means that Chesapeake Energy has sub-contracted Purple Land Management to provide land services, including leasing, title, and curative.
• What does Purple Land Management do?
  Purple Land Management meets with mineral owners to inform them about natural gas exploration and production taking place in the areas where they own minerals. We also execute oil and gas leases on behalf of a producer/operator and provide title and curative services to clients.
• Is Purple Land Management leasing in my neighborhood?
  If you have been contacted by a leasing agent from Purple Land Management, by phone or mail, then we are leasing in your neighborhood. Please contact our office if you are still unsure if we are leasing in your area.

Natural Gas & Leasing Terminology

• Natural gas - natural gas is a colorless and odorless gas made up primarily of methane. It is found below the surface of the earth, typically in rock formations. It is used to heat homes, fuel cars, trucks and buses and produce electricity. It is not gasoline or petroleum oil.
• Well/well site/drill site - a site permitted and designated by city and state regulatory agencies where drilling and production of natural gas will take place.
• Barnett Shale - the Barnett Shale is a geologic (rock) formation that contains natural gas and lies about a mile and a half below the surface. It is located in north central Texas.
• Landman - a land service professional who determines the mineral owner for a piece of land, meets with and educates mineral owners about the production of natural gas in a given area and executes oil and gas leases on behalf of a natural gas producer/ operator.
• Producer/operator - a company who explores and produces minerals, such as natural gas. The producer/operator is the company that actually drills wells that produce minerals and is responsible for maintaining well operations throughout the life of the well. Examples of producers/operators in the Barnett Shale are Chesapeake Energy and XTO Energy.
• Land brokerage company/land services company (authorized broker) - a company that provides land services, including leasing and title research, to a producer/operator. A larger producer/operator will sub-contract land service work to brokers. For example, Chesapeake Energy authorizes brokers, including Purple Land Management, to execute oil and gas leases and abstract title in specific areas within the Barnett Shale.
• Mineral owner - a mineral owner owns the minerals, such as natural gas, that lie underneath the surface of a given piece of land.
• Mineral rights/interest - mineral rights or a mineral interest are owned by a mineral owner who has the authority to lease, sell or produce the minerals that lie underneath the surface within the boundaries of a given piece of property.
• Mineral reservation - minerals can be reserved (or kept) by someone selling a piece of property, allowing them to own the minerals for a given piece of land, but not the surface.
• Mineral deed - a mineral deed is a contract between two parties in which minerals are sold from one party to the other. A mineral deed does not include the surface of the said piece of land.
• Surface owner - a surface owner owns the surface area for a given piece of land, but does not own anything below the surface, which may include minerals, such as natural gas. A surface owner cannot sign an oil and gas lease, because they do not own the mineral rights for the piece of land and, therefore, cannot authorize for the minerals to be leased, sold or produced.
• Surface rights - surface rights are owned by a surface owner who has the authority to sell or lease the surface of a given piece of land. Surface rights do not include anything below the surface of a given piece of land.
• Oil and gas lease [Paid-up Oil & Gas Lease (No Surface Use)] - a document filed of record in which a mineral owner (lessor) leases their minerals to a producer/operator (lessee). If a lease is said to be a "Paid-up Oil & Gas Lease," it means that a monetary amount (bonus payment) was given to the mineral owner (lessor) by the producer/operator (lessee) in consideration for signing the lease. If a lease includes the wording "no surface use," it means that the producer/operator (lessee) is not allowed to use the surface of the property described in the lease in any way. The lease only allows the producer/operator to produce the minerals that lie underneath the surface.
• Term - the amount of time for which an oil and gas lease is valid, usually 3 years.
• Royalty (shut-in royalty) - payment received by mineral owners who have leased their minerals to a producer/operator and have had their minerals produced by the producer/operator. Royalty payments come from the revenue generated by the production and sale of minerals, such as natural gas, on the open market.
• Bonus Payment - an upfront sum of money paid to a lessor in consideration for signing an oil and gas lease.
• Ratification - a document filed of record that modifies a previously executed document, such as an oil and gas lease. A ratification is most often used to document the change of ownership of the property described in an oil and gas lease.
• Amendment - a document filed of record that modifies a previously executed document, such as an oil and gas lease. For example, an amendment may be used to add or remove provisions of the lease.
• W-9 - a tax form used to provide a person's tax identification number. In terms of leasing, a W-9 is used to report income earned from bonus and royalty payments.