In recent years, some North Carolina landowners have been presented with the opportunity to sign oil and gas leases, which would give oil and gas companies the right to conduct hydraulic fracturing (fracking) in North Carolina. At the same time, North Carolina lawmakers have debated the merits of an active oil and gas industry in North Carolina, leading to new laws and regulations governing the oil and gas industry.
Since 2011, RAFI hasprovided North Carolina landowners with information that can help them protect their interests during oil and gas leasing negotiations (RAFI provides resources to landowners for informational purposes only and does not provide legal advice). RAFI has provided information to landowners in partnership with Theodore (Ted) Feitshans, licensed attorney, of North Carolina State University’s Department of Agricultural and Resource Economics.
The following webinar is provided by RAFI in partnership with North Carolina State University and North Carolina Cooperative Extension to help landowners understand the recent history of oil and gas leasing, new laws and regulations designed to protect their interests, and specific lease terms a landowner may wish to discuss with a licensed attorney knowledgeable about oil and gas contracts.