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Texas Oil Production Fraud Lawsuit, Texas Royalty Fraud Lawsuit, Texas Working Interest Fraud Lawsuit, Texas Oil & Gas Production Fraud Lawsuit, and Texas Operator Production Fraud Lawsuit Information
by Texas Oil Royalty Fraud Lawyer, Texas Working Interest Fraud Lawyer, and Texas Oil Production Fraud Lawyer Jason S. Coomer

Texas Royalty Fraud Lawyer, Texas Working Interest Fraud Lawyer, and Texas Oil Production Fraud Lawyer Jason S. Coomer helps royalty interest owners, working interest owners, and oil company shareholders that have lost money, income, royalty payments, profits, and production from illegal oil production fraud and gas production fraud.  If you have evidence of oil and gas production fraud by a fraudulent operator, please feel free to contact Texas Oil Production Fraud Lawyer, Texas Working Interest Production Fraud Lawyer, and Texas Royalty Fraud Lawyer, Jason S. Coomer or use our contact submission form.

Texas Oil Production Fraud Lawyer, Texas Royalty Fraud Lawyer, Texas Working Interest Fraud Lawyer, Texas Oil Production Fraud Lawyer, Texas Gas Production Fraud Lawyer and Texas Operator Production Fraud Lawyer

Texas is a rich state for oil and gas production.  Since the Lucas No. 1 started spurting gas and oil on January 10, 1901, many gushers and rich oil wells have made oil and gas a main part of the Texas economy.  Throughout the 20th Century, the Texas economy moved from its rural, agricultural roots into the petroleum and industrial age.  Many Texas mineral interest owners, royalty owners, working interest owners, and oil companies have become extremely wealthy through oil royalty payments, gas royalty payments, and working interest payments.  Many of these wealthy mineral interest owners, royalty owners, and working interest owners have been fortunate to deal with honest oil companies. 

Unfortunately, where there is money to be made, there are always some that will commit fraud and attempt to steal from rightful owners.  These fraudulent oil companies that commit oil production fraud, gas production fraud, working interest fraud, and royalty fraud can steal millions of dollars, tens of millions of dollars, or even more from mineral interest owners, royalty owners, and working interest owners.  Through fraudulent invoices, false division orders, accounting fraud, theft of oil from wells, and other forms of production fraud, oil companies can fraudulently steal immense amounts of income and money.

By forcing an accounting of production and carefully reviewing division orders, a Texas royalty fraud lawyer, Texas working interest fraud lawyer, and Texas oil production fraud lawyer can often determine if oil production fraud or gas production fraud is occurring.  If oil production fraud or gas production fraud is occurring, it is extremely important to obtain evidence of the oil production fraud or gas production fraud and work with a Texas royalty fraud lawyer, Texas working interest fraud lawyer, and Texas oil production fraud lawyer to seek compensation for the rightful owners.

Texas Oil Production Fraud Lawyer, Texas Royalty Fraud Lawyer, Texas Working Interest Fraud Lawyer, Texas Gas Production Fraud Lawyer, and Texas Well Operator Production Fraud Lawyer

Texas has produced more oil and natural gas than any other state and remains a large producer of oil and natural gas in the United States.  In Texas there are seven major oil and natural gas producing regions. These basins include the Permian Basin, the Val Verde Basin, the Anadarko Basin, the Maverick Basin, the Fort Worth Basin, the East Texas Basin, and the Gulf Coast Basin.  Of these Texas oil producing basins and Texas natural gas producing basins, the Permian Basin dominates oil production in the state and the Gulf Coast Basin dominates natural gas production.

The major oil fields in Texas include Wasson, Yates, and Spraberry in West Texas, as well as the largest Texas oil field, East Texas field in the East Texas Basin. The Permian Basin has been the most prolific oil-producing province in U.S. history.

The Yates Oil Field is a giant oil field in the Permian Basin of west Texas. Primarily in extreme southeastern Pecos County, it also stretches under the Pecos River and partially into Crockett County. Iraan, on the Pecos River and directly adjacent to the field, is the nearest town. The field has produced more than one billion barrels of oil, making it one of the largest in the United States, and in 2009 it remains productive, though at a diminished rate. Estimated recoverable reserves are still approximately one billion barrels, which represents approximately 50% of the original oil in place (OOIP).

The Spraberry Trend (also known as the Spraberry Field, Spraberry Oil Field, and Spraberry Formation) is a large oil field in the Permian Basin of west central Texas, covering large parts of six counties, and having a total area of approximately 2,500 square miles (6,500 km2).  The Spraberry Trend is itself part of a larger oil-producing region known as the Spraberry-Dean Play, within the Midland Basin. Discovery and development of the field began the postwar economic boom in the nearby city of Midland in the early 1950s. The oil in the Spraberry, however, proved difficult to recover. After about three years of enthusiastic drilling, during which most of the initially promising wells showed precipitous and mysterious production declines, the area was dubbed "the world's largest unrecoverable oil reserve."   In 2007, the U.S. Department of Energy ranked The Spraberry Trend third in the United States by total proved reserves, and seventh in total production. Estimated reserves for the entire Spraberry-Dean unit exceed 10 billion barrels (1.6×109 m3), and by the end of 1994 the field had reported a total production of 924 million barrels (146,900,000 m3).

The Wasson field is a triangular-shaped oil and gas producing area in southwestern Yoakum and northwestern Gaines counties on the Llano Estacado of West Texas, five miles east of the New Mexico line. The field, which covers 62,500 acres, is so large that early wells, located several miles from each other, were regarded as discovery wells in separate fields. By 1992 cumulative production from the combined Wasson field was 1,823,664,000 barrels of oil from 2,242 wells, making it the largest-volume producer in West Texas and the second largest in Texas, after East Texas oilfield. The original field produced 1,658,892,000 cubic feet of gas from 1939 until its depletion as a gas field in 1947.

East Texas field has produced more oil than any other field in the lower 48 states.  The East Texas Oil Field is a large oil and gas field in east Texas. Covering 140,000 acres (570 km2) and parts of five counties, and having 30,340 historic and active oil wells, it is the largest oil field in the United States outside of Alaska, both in extent and in total volume of oil recovered since its discovery in 1930. It is a component of the Mid-Continent Oil Province, the huge region of petroleum deposits extending from Kansas to New Mexico to the Gulf of Mexico.  The Mid-continent oil field is a broad area containing hundreds of oil fields in Arkansas, Kansas, Louisiana, New Mexico, Oklahoma and Texas. The area, which consists of various geological strata and diverse trap types, was discovered and exploited during the first half of the 20th century.  The Mid-continent oil field produces large amounts of oil in several states and is a major part of large production for several states including Texas - 4,871 million barrels (774,400,000 m3) - Ranked 1st in the U.S., New Mexico - 705 million barrels (112,100,000 m3) - Ranked 5th in the U.S., Oklahoma - 569 million barrels (90,500,000 m3) - Ranked 6th in the U.S., Louisiana - 428 million barrels (68,000,000 m3) - Ranked 7th in the U.S., Kansas - 263 million barrels (41,800,000 m3) - Ranked 12th in the U.S., and Arkansas - 37 million barrels (5,900,000 m3) - Ranked 19th in the U.S.

Oil production in Texas from 2004 to 2009 is 2004 - 4,613 million barrels, 2005 - 4,919 million barrels 2006 - 4,871 million barrels, 2007 - 5,122 million barrels, 2008 - 4,555 million barrels, and 2009 - 5,006 million barrels.  Oil production in Texas is broken down into Railroad Commission Districts (RRC District 1, RRC District 2 Onshore, RRC District 3 Onshore, RRC District 4 Onshore, RRC District 5, RRC District 6, RRC District 7B, RRC Distict 7C, RRC District 8, RRC District 8A, RRC District 9, RRC District 10, and State Offshore).

Major natural gas fields in Texas, in terms of production rate, include Newark, East, field in the Fort Worth Basin; Carthage field in East Texas; Panhandle, West, field in the Anadarko Basin; and Giddings field in the Gulf Coast Basin. Excluding Panhandle, West, field, all major natural gas fields in Texas are a product of application of advanced technologies, such as hydraulic fracturing and horizontal drilling, which have resulted in increased production from these low-permeability and complex fields. Although oil and natural gas production in Texas has declined from its peak, advanced exploration has kept oil production and natural gas production high in Texas.  Currently, about 2/3 of the 254 counties in Texas produce oil and there are vast amounts of wealth being made on the hundreds of millions of barrels of oil and vast amounts of gas that are produced in Texas each year. 

Inheritance Fraud Lawyer, Probate Fraud Lawyer, Trust Fraud Lawyer, Theft of Mineral Interests, and Protecting Family Real Estate, Mineral Interests, Oil Royalties, and Other Assets through Inheritance

Vast fortunes including mineral interests, oil companies, oil royalties, gas royalties, stocks, real property, gold, stocks, jewelry and other wealth are commonly lost or stolen through trusts, fraudulent wills, ignorance of inheritance laws, poor record keeping, opportunists, and individuals that steal wealth from families.  It is important to keep records and an inventory of all family wealth including real estate, mineral interests, royalty rights, land, buildings, houses, businesses, stocks, jewelry, life insurance, bonds, and gold. 

For more information on protecting family wealth or seeking back family wealth, please go to the following web page on Texas Oil Royalty Inheritance Lawsuits.