The First National Bank & Trust Co. is now Brooks Bank. New name, same people, same community banking you trust. Learn More

Oil & Gas Management
Done Right

If you own mineral, royalty, or working interests in Oklahoma, Brooks Bank provides comprehensive management free from conflicts of interest and held to fiduciary standards.

Oil & Gas

Mineral Interest Management

Oil and gas assets are complex in nature. Brooks Bank manages mineral, royalty, and working interests free from conflicts of interest, abiding by fiduciary standards that put your needs first. Our comprehensive oil and gas management allows you to maintain your desired level of personal involvement while our team handles the details. Whether you are actively managing a portfolio of mineral interests or have inherited rights you are still learning about, our trust professionals have the experience and knowledge to help.

Disclosure: Investments and insurance offered through the Trust Department of Brooks Bank are not insured by the FDIC, are not deposits or other obligations of, and are not guaranteed by, any bank or any bank affiliate. Investments are subject to risks, including possible loss of principal amount invested.

Trusted Stories ‍in Motion

Tim Osborn

Osborn Farms

A True Believer in Brooks Bank

"They will work with you if you fall on hard times. If you're honest, any way they can, they will help you get through that rough spot. So I am a true believer in Brooks Bank. Your money's safe there."

Heather Hill

Hill’s Land & Construction

It's All About Families and Community

"If you include my grandpa, it's probably over 50 years that we've banked at that same location. I've used them my entire life. It's not about just banking when it's Brooks Bank. It's truly about families and community."

Blake Elliott

Standley Systems

They Changed the Trajectory of Our Company

"Brooks Bank helped finance a big opportunity that we had which really took us from servicing and operating in just a small portion of Oklahoma to being able to cover all 77 counties and do it at a scale where it worked really well for us. And that changed the whole trajectory of our company."

Faqs

Frequently Asked Questions

Can the bank negotiate better lease terms and bonuses on my behalf?

Yes. As your fiduciary, Brooks Bank negotiates lease terms, bonus payments, and royalty rates on your behalf with the goal of maximizing the value of your mineral interests. Our team has deep experience in Oklahoma energy markets and understands the factors that affect lease negotiations.

Should I choose to sell or lease my mineral rights in Oklahoma?

This is a significant financial decision that depends on your income needs, tax situation, and long-term goals. Our trust professionals can help you evaluate your options, understand the tax implications, and make an informed decision. We provide objective advice held to fiduciary standards.

What services does an Oil & Gas manager provide for mineral owners?

Brooks Bank's oil and gas management services include lease negotiation, royalty verification, division order review, production monitoring, revenue tracking, tax reporting, and ongoing communication with operators. Our goal is to protect and maximize the value of your mineral interests.

What are the Oklahoma state tax implications for oil and gas income?

Oklahoma oil and gas income is subject to state gross production tax and may also be subject to state income tax. The tax treatment varies depending on whether you hold royalty interests, working interests, or overriding royalty interests. Brooks Bank's trust professionals work with your tax advisor to ensure proper reporting and to identify opportunities for tax efficiency.

How are Oklahoma mineral interests handled within a trust or estate?

Mineral interests can be held within a trust and managed by the trustee on behalf of the beneficiaries. When mineral interests are part of an estate, they must be properly valued and transferred according to the terms of the will or trust. Brooks Bank has extensive experience managing mineral interests through both trust administration and estate settlement.

How do I verify if my Oklahoma royalty payments are accurate?

Brooks Bank's trust professionals review your division orders, production reports, and royalty statements to ensure you are being paid correctly. We monitor operator activity and follow up on discrepancies so you do not have to. Call 405-825-6300 to discuss your specific interests.

Get in touch today!

Have questions or need assistance? Our team is here to help. Whether you’re looking for more information about our services, need support with your account, or want to explore how we can work together, feel free to reach out. Contact us anytime and we’ll get back to you as quickly as possible.

*Do not provide confidential personal or account information when completing this form.

info@Brooks.Bank

(405) 224-2200

Oil & Gas Management Done Right