Operational needs typically outlive regulatory requirements for the types of records you mention.

Even when the terms of contracts and leases expire, the business can extract value from understanding the history of agreements they've entered into. Land title relies heavily on establishing a chain of records, including those that may have only been used for internal purposes.

Land information for an exploration-and-production company essentially functions as its Intellectual Property (or a trade secret).

If I were starting a retention schedule from scratch for those records, I would start by gauging whether the business owners of those records would EVER be comfortable with destruction, then work backwards from there before spending time and money researching regulations.

Josh Komarek
Oklahoma City, OK
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