When it comes to oil and gas in the United States, Texas is the most significant state. The lone-star state produces more oil and gas than any other state in the country and has been....
Like many other markets, the mineral rights market is a time-sensitive one. As a result, actions taken must be swift and decisive. People who wish to sell their rights must be aware of....
You just purchased a piece of land, and minerals have been found beneath the surface. Congratulations! However, such a scenario needs research to determine if you can control these underground resources. Subsurface rights....
It is hard to dispute that this is one of the greatest American dreams: finding oil on your property. After all, proven oil reserves can earn you lots of money. However, it would....
Landowners may hold surface rights and/or mineral rights. However, it is not uncommon for a landowner to possess the rights to everything on the surface but not the rights to any fluid minerals....
After mineral rights are leased, oil and gas production can start. And royalty owners will begin to receive oil and gas royalty statements every month. However, your first royalty statement may be confusing,....
A mineral right is an exclusive right to exploit, mine, and sell minerals found on a particular piece of land. The mineral rights owner is said to have a net mineral interest in the land.....
Being a mineral rights owner requires you to acquaint yourself with how to calculate your net mineral acres and your net royalty acres. With these estimations, you can figure out the value of....
Mineral resources (oil/gas/coal) are naturally occurring commodities or minerals beneath the earth's surface. Oil/gas companies often mine them for economic purposes. Mineral rights deeds ensure rightful ownership. This guide will look into mineral....
It is no exaggeration to suggest that the oil and gas industry plays a crucial role in the global economy and is the primary fuel source in the world. Natural gas exploration and....
It is safe to affirm that mineral resources represent the most important source of energy for mankind. These resources are found in abundance in different locations. Having a property right over a piece....
Earth is blessed with an abundance of resources that have helped man evolve over the past centuries, including crude oil and natural gas. In the past, oil was only obtained when it seeped....
Before buying any property, it is imperative for a buyer to make adequate research about the availability of mineral rights. After all, land deals and agreements sometimes come with disputes. For this reason,....
The mineral rights owner of a property is not always related to land ownership. A property that consists of both surface and mineral estates but is being owned separately is called a split....
Mineral rights are entitlements that grant an owner access to any underground mineral resources. This allows them to explore and exploit these resources. These rights are often sold separately from the land in....
As previously discussed, Mineral estates rights dominate surface estates rights when it comes to mineral exploration and drilling. As such, mineral rights owners may use all the surface estates for mineral production without....
Oil leases are agreements between an oil and gas company known as the lessee and mineral owners known as a lessor, in which the lessor grants the lessee the permission to explore, drill,....
Landmen are members of oil and gas company, mineral, or other energy resource exploration and production team who negotiate and interact with landowners for the acquisition of mineral or other energy lease agreements.....
A mineral rights search involves looking beyond the current property owner to see if any mineral rights records exist. Mineral rights might not be owned by the landowner. It is necessary to inform....
One of the benefits of land ownership is that you have absolute control over the land and can do whatever you please with it. However, have you ever considered what happens below the....
