# No Deduction

**URL:** https://www.mineralrightsforum.com/t/no-deduction/66908
**Category:** Dewey County, OK
**Created:** [June 30, 2022, 4:27pm UTC](https://www.mineralrightsforum.com/t/no-deduction/66908 "2022-06-30T16:27:33Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![G\_Brown](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/d26b3c/32.png) [@G\_Brown](https://www.mineralrightsforum.com/u/G_Brown)
#### Post date: [June 30, 2022, 4:27pm UTC](https://www.mineralrightsforum.com/t/no-deduction/66908/1 "2022-06-30T16:27:33Z")

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I’ve been approached to lease my minerals in Dewey County with the upfront statement that this company will not accept any “No Deduction Clause.” It was stated that we do not take deductions other than taxes. What happens at a later date if the lease is acquired by another company that does take deductions?

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### Author: ![Martha\_McMorries](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/4da419/32.png) [@Martha\_McMorries](https://www.mineralrightsforum.com/u/Martha_McMorries)
#### Post date: [July 1, 2022, 1:34am UTC](https://www.mineralrightsforum.com/t/no-deduction/66908/2 "2022-07-01T01:34:54Z")

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@G_Brown, producing oil and gas wells acquired by another company are subject to all properly executed, filed, and recorded mineral leases taken by the previous producer and/or marketer of the said well’s production. Make sure the lease you execute is signed and notarized, then filed and recorded in the county where your mineral records are recorded at that County’s courthouse on book and page. Get a copy of the filed and recorded lease for your own records. I always add “no deduction for processing” into my no deduction clause along with the other no deductions listed.

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### Author: ![G\_Brown](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/g/d26b3c/32.png) [@G\_Brown](https://www.mineralrightsforum.com/u/G_Brown)
#### Post date: [July 1, 2022, 5:34pm UTC](https://www.mineralrightsforum.com/t/no-deduction/66908/3 "2022-07-01T17:34:20Z")

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Thanks, Martha. Sounds like good advice.

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### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [September 28, 2022, 4:28pm UTC](https://www.mineralrightsforum.com/t/no-deduction/66908/4 "2022-09-28T16:28:16Z")

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