Practical commentary on title, ownership, and due diligence — written for the people who
have to act on it.
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Depth Severance March 4, 2026
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.
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.
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.
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.
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.
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.