We call it LOD, for short. LOD is a database of owners of oil and gas leases in Texas and Kansas. The owners could own the royalty, the overriding royalty, or the working interest. LOD is the the world's largest database of O&G properties in Texas. These properties represent all producting oil and gas leases up to January 1 of this year.

2. Where does Blackeard Data get the data for LOD?

LOD is obtained by getting tax records from various state agencies throughout the year, then reverse engineering a division order. Further, we standardize all that data into a common format and put it in our database.

3. 3. How often is LOD updated?

LOD is updated yearly for Texas but sporadically for Kansas. This update process starts in July and runs through September. We have to contact hundreds of county governments and sometimes they fight us and try to withhold data. Such fights are usually resolved by the Texas Attourney General's office and the county goverment never wins. They do delay the data, sometimes.

4. How can I get the LOD?

Just call us at 800 762 3057 or if calling internationally 512 335 4534. We will deliver the data via a CD or a digital file via the web. We sell it as you need it, whether you are starting out and need a single county, a 10-pack of counties, or all of Texas.

5. I want to buy Royalties, how can I use the LOD?

Many of our users are mineral buyers. They target a specific county, then send out thousands of letters with an offer for the royalties. The average county response is around 0.3%. That means you send 1,000 letters and you will get 3 calls. Of those calls, hope to close half of them. You will improve your closure rate if you expedite everything. Fedex the deed to them, and call them the day after they are to receive the Fedex document. Then call again 3 days later to see if they have new objections and to reslove their objections.

6. Can I see a sample of the LOD?