State abstracts contain a full history of leaseholders on the specified lands and a record of assignments of ownership. A state abstract includes copies of the following:
- Oil and Gas Lease
- Assignments of Lease and/or Operating Rights
- Miscellaneous Instruments filed of record
- Grazing Leases and Right of Ways on the lands covered
- Mergers and Name Changes
The information contained in an abstract is prepared so that attorneys can prepare a Title Opinion, which then allows the drilling of wells or other work to be done.