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....
A land or mineral owner, who does not receive a royalty check for 1-5 years, can have the funds turned over to the state. The state holds the cash in a suspense account....
Interpreting mediums that convey interest in oil and gas leases can be a difficult situation at times. It is the same in the art industry, where some terms are used interchangeably with different....
Working interest refers to an investor's responsibility for costs related to exploration, drilling, and production of natural resources. A working interest owner participates fully in all profits from the well due to their....
Mineral Rights refer to mineral ownership rights to underground resources such as fossil fuels (natural gas, oil, coal), mineable rocks like salt and limestone, and metals. In the U.S., regulations cover two types....
Mineral resources are essential to our modern industrial society, and they are used everywhere. We need them to make automobiles, computers, domestic appliances, asphalt roads, homes, machinery, fertilizer, precious metals in jewelry, and....
Thinking of owning land is a huge challenge for many people because of the various factors involved in getting one. You'll spend a lot of time searching online, exploring land deals and inspect....
If you have decided to invest in a mineral lease, your timing could not be better. The current slowdown in oil and gas drilling activity during the COVID-19 pandemic provides investors an opportunity....
When investors are skittish about the economy, they buy gold. The coronavirus pandemic has brought gold buyers out in droves. By March, some major gold dealers were reporting they had sold out of....
