MRP 137: Seismic Exploration Agreements
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
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Show Notes
Seismic exploration is the process of using seismic energy to probe below the surface of the earth to search for oil and gas. The agreements that grant a company access to land in order to shoot seismic is called a seismic survey agreement. While seismic exploration was the primary method for finding oil and gas deposits in the past, it is still used in unconventional resource plays to identify and avoid faults and fractures which can cause issues during drilling or completions. Listen to learn more about what you need to know before signing a seismic exploration agreement.
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