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Mineral Rights Information Resource Guide
At The Mineral Auction we strive to provide mineral owners with the information and resources to make information decisions about what to do with their royalty interest, mineral rights, and other issues relevant to a property owner.
Understanding mineral rights can be confusing as ownership is vastly different compared to being a surface owner. The following guide is designed to help you gain a basic understanding of what options are available to you as an owner.
Guide Content’s
Understanding the rights of mineral estate owners
A mineral estate, commonly referred to as mineral right, is a property right to mine, use, develop, sell, and profit from any or all of the minerals extracted from underneath certain pieces of land. These minerals include gas, oil, metals, ores, and other organic or inorganic materials that are part of the soil and can be found beneath the ground. However, materials such as gravel, limestone, sand, and subsurface water are not considered underground and, thus, are not part of the mineral estate.The general rule that the mineral estate is dominant over the surface estate also applies to Texas. This means the mineral rights owner can:
- Use as much of the surface of land as reasonably necessary for mineral exploration and development
- Receive royalties
- Further convey rights
- Receive payments for drilling delays without terminating the lease
- Receive bonus considerations
Understanding the laws surrounding mineral rights can be extremely difficult without the aid of a mineral rights broker at [firm-name]. Call us at [phone-number] to find out more about mineral rights and their potential revenue.
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