8
Feb

The 5 Major elements of Mineral Rights

The five elements of a mineral right are: The right to use as much of the surface as is reasonably necessary to access the minerals The right to further convey rights The right to receive bonus consideration[2] The right to receive delay rentals[3] The right to receive royalties The owner of a mineral interest may separately convey any or all …

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8
Feb

Severabilility of Mineral Rights

Mineral estates are sometimes severed from the surface estate. Such severance is accomplished with a conveyance or reservation of these rights. This conveyance or reservation includes minerals or substances considered minerals. Although technically not minerals, which are naturally occurring crystalline “solids,” legal regimes typically include hydrocarbon resources such as oil and natural gas under the term “mineral rights.” Such a …

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10
Dec

Sale of mineral rights brings $944K to UUA

Sale of mineral rights brings $944K to UUA Lois and Ken Carpenter’s gift of mineral rights, once thought worthless, is windfall to UUA. Loving County, in West Texas, is the least populous county in the United States: barren of people, trees, water. In 1992, when Ken and Lois Carpenter donated mineral rights to 480 acres in Loving County to the …

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