surface rights law questions

[Tin Star Firearms]

This came up to me early summer and I told them no to the seismic survey. The broker told me that he would contact the mineral rights owner(s) and if they gave permission, they would do the survey anyway. They only offered $200, we own 20 acres, but I told them a flat no. He said "...these things sometimes end up in court" and I said I was comfortable with that possibility. If push came to shove, I would have allowed it. They did a few surrounding properties and left. I like the other advice to get everything in writing by someone that has authority to do make the agreements.

Andrew

 

[Wheel Gun]

this is why I strongly encourage all buyers to get mineral rights to land they purchase.

I haven't heard of a land purchase that included the possibility of buying the mineral rights in a decade. Actually, decades. Have you?

 

[tntrex]

We do need new laws regarding minerals.

 

[GlockPride]

I bought our place six years ago with the mineral rights. Wouldn't have bought without it. This is only 13 acres in Wagoner county though.

That being said grandma has the mineral rights to 640 acres near Burns Flat that the family hasn't owned since the 1950's. I'm hoping we start cashing in on this soon.

 

[Shadowrider]

I bought our place six years ago with the mineral rights. Wouldn't have bought without it. This is only 13 acres in Wagoner county though.

That being said grandma has the mineral rights to 640 acres near Burns Flat that the family hasn't owned since the 1950's. I'm hoping we start cashing in on this soon.

Hard to believe you haven't been leased, you are in a great location. Smack in the middle of the Anadarko Basin, lots of wells in the Granite Wash and I worked that area for several years.

ETA: I was referring to your grandma's 640 in Washita county.

 

[okietool]

I bought our place six years ago with the mineral rights. Wouldn't have bought without it. This is only 13 acres in Wagoner county though.

That being said grandma has the mineral rights to 640 acres near Burns Flat that the family hasn't owned since the 1950's. I'm hoping we start cashing in on this soon.

You might want to get someone close to look at grandmas section. It's hard for me to believe there is a virgin section close to the Flats. Someone else may be gettin paid

If you're brave enough to post the legal, I bet one of us can tell you

 

[GlockPride]

You might want to get someone close to look at grandmas section. It's hard for me to believe there is a virgin section close to the Flats. Someone else may be gettin paid

If you're brave enough to post the legal, I bet one of us can tell you

My mom, her daughter, works for XTO. I can tell you no one is getting paid right now. Grandma recently remarried this year to an 'oil man' and they are exploring the possibility. She has been approached to sell and lease several times over the past decade but refused to do so. Now, the timing and comfort level might be better.

Thank you for the offer to help though. That's why I enjoy this forum.

 

[Wheel Gun]

You might want to get someone close to look at grandmas section.

Good idea. Give me access to it and I'll tell you if I found any big deer on it. You're welcome.

 

[subprep]

I haven't heard of a land purchase that included the possibility of buying the mineral rights in a decade. Actually, decades. Have you?

yes they are out there and you can always ask for them during negotiations. A lot of land owners will give the option to purchase with or without.