LMJ Land Services Title · Ownership · Due Diligence

Notes from the record room.

Practical commentary on title, ownership, and due diligence — written for the people who have to act on it.

Why depth severances break Permian title

Formation-level conveyances rarely line up with the way modern development targets the Wolfcamp and Bone Spring. A lateral can cross a severance mid-hole and change who owns the production behind it.

Read Note

Reading a BLM lease file the way an examiner does

Assignment history, segregations, and suspensions live in the lease file, not the county records. What to pull, in what order, and what each document actually tells you about current ownership.

Read Note

Title risk that survives the data room

The defects most likely to reach closing undetected, why standard diligence checklists miss them, and the additional steps that catch them before they price the deal.

Read Note

Record title is not operating rights

On federal acreage the two can sit with different parties at different depths. Conflating them is one of the most common errors in federal title work, and one of the most expensive.

Read Note

Heirship gaps and what actually cures them

Affidavits of heirship carry different weight in Texas and New Mexico. When an affidavit is enough, when probate is required, and how to document the difference for a title opinion.

Read Note

Stacked ORRI and the net revenue you actually get

Overriding royalties accumulate across assignment chains and are frequently understated in acquisition models. How to build the burden stack from the record rather than from the seller's schedule.

Read Note

Industry Sources

Where the numbers actually come from.

The public records and datasets this practice works from daily. Linked directly so you can pull the primary source yourself.

Railroad Commission of Texas

Drilling permits, completions, production queries, and the P-4 and W-1 filings behind operator and well status.

RRC Data Sets

NM Oil Conservation Division

Well files, C-102 plats, pooling orders, and OCD hearing records for southeast New Mexico development.

OCD Records

BLM LR2000 / MLRS

Federal lease serial registers, assignment and transfer history, segregations, suspensions, and unit agreements.

BLM Land Records

NM State Land Office

State lease status, assignment records, and the Trust land tracts that sit alongside federal and fee acreage.

NMSLO

EIA Petroleum & Natural Gas

Official US price series, storage, rig counts, and Permian regional production behind the ticker at the top of this page.

EIA Data

Baker Hughes Rig Count

Weekly North American rig counts by basin — the leading indicator for where title and leasing work is about to land.

Rig Count

Have a question about your title?

If something here applies to a tract you are working, we are glad to talk it through.