Lease Acquisition
An oil and gas company cannot drill a well without a signed lease proving that the entity or entities own both the land and mineral rights. Lease acquisition is the obtaining of that proof. The old phrase, “No lease, no grease,” definitely applies. It’s demanding work, which requires incredible person-to-person skills, especially when more and more people are skeptical of strangers. Premiere Land Services agents meet the community, size up situations expediently, and skillfully provide clients with enough acreage to drill wells. Industry people call lease acquisition a “play.”