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Forum

Allan Herauf

Mineral rights in a family trust

Started by Allan Herauf in General Mineral Rights Discussion 12 hours ago.

Melinda Anderson

Transfer of Mineral Rights 1 Reply

Started by Melinda Anderson in General Mineral Rights Discussion. Last reply by Charles Emery Tooke III 10 hours ago.

ralph a cantafio

Short Introduction 1 Reply

Started by ralph a cantafio in Oil and Gas Leasing Help Group. Last reply by ralph a cantafio 1 day ago.

patrick garcia

Civil Suit Regarding Surface Owner (vs Mineral Owner) 1 Reply

Started by patrick garcia in General Mineral Rights Discussion. Last reply by Buddy Cotten 1 day ago.

Yvette McClure

Tennessee mineral laws 4 Replies

Started by Yvette McClure in Oil and Gas Leasing Help Group. Last reply by Lisa Sep 2.

Jay Lake

Niobrara Shale Updates 5 Replies

Started by Jay Lake in Oil and Gas Leasing Help Group. Last reply by Lisa Sep 1.

Blog Posts

Buddy Cotten

The Life Estate in Texas. A good idea that often goes wrong.

Just as title to land cannot be abandoned, there can be no gap in the perpetual ownership of the land. Thus, whenever an interest in land ownership may not be capable of perpetual duration, such "Present" Interest must be subject to ascertainable ownership of the "Future" Interest. By far the most common occurrence of successive ownership is when the land ownership is divided between a Life Es

Continue

Posted by Buddy Cotten on April 8, 2010 at 1:30pm

Buddy Cotten

Mineral Sales by Mail Covering Properties in the State of Texas

Not many landowners -- and it seems fewer purchasers -- are aware that in order to have a transaction that has no potential repercussions, there is a section of the Texas Property Code that addresses buying minerals and/or royalties by mail. This section of the Property Code is as follows:

§ 5.151. DISCLOSURE IN OFFER TO PURCHASE MINERAL INTEREST.

(a) A person who mails to the owner of a mineral or… Continue

Posted by Buddy Cotten on March 1, 2010 at 10:20am — 2 Comments

Buddy Cotten

The Basics of Pooling and Unitization in Oil and Gas Leases

As with wild animals, the rule of capture with respect to oil and gas actually discourages conservation. To prevent such waste, the common law rule of capture has been modified by state conservation statutes and regulations so that individual actions otherwise allowed under a rule of capture regime are now prohibited by law.

In both ownership in place (i.e. Texas) and nonownership states (i.e. Louisiana), the courts have held that oil and gas conservation statutes trump the common law… Continue

Posted by Buddy Cotten on February 8, 2010 at 2:00pm — 2 Comments

Buddy Cotten

Rule of Capture Regarding Oil and Gas Mineral Rights

Note: This is excerpted from my speaker notes of Pooling and Unitization in Texas given at a landman's conference in November. I have broken the notes into sections and this section is the first in a series. Each section will build on the preceding one. My talk is specific to Texas by design, but has applications to other common law states.

Common Law states, like Texas, have their roots in the common law of England, which is straight from the Magna Carta. The early Texas courts, not com… Continue

Posted by Buddy Cotten on February 1, 2010 at 1:47pm — 1 Comment

 
 
 

Latest Activity

Bob Smithtims added a discussion
Over the last two months, I have received an offer for a mineral lease on my property. A gas company has setup a pad to drill on October 1st of this year. (Less than a month away.)After not responding to the letters, a young man has called the house…
7 minutes ago
Bob Smithtims, Carol Ezell, jessie donald stolworthy and 5 more joined Mineral Rights Forum
20 minutes ago
I haven't found out anything about it.
1 hour ago
So whats your ploy here, really, "I know more than you nanny nanny boo boo"? Grow up. All I know is ignorance is bliss then, when I make more than you at doing pretty much nothing but what I want to. Go bother some one else with your self proclaimed…
3 hours ago
Tim dont make me find you and slap your smart ass face with royalty money! I see in 35 years you seem to stil act like a teenager with your lame comments. Im glad it took you 35 years to know whats what about Oil.... if it wasnt for people like you,…
3 hours ago
My mom received an offer of $200 per acre for 115 acres in the J. Johnson Survey in Cherokee County Texas. Not sure if it inlcudes a % if they start producing or not. Like Erica, the $200/acre sounds really low to me, but I'm not familiar with the a…
3 hours ago
Hi Melinda - I am a Certified Professional Landman with more than 30 years of expereince in dealing with court and courthouse records. But I am not an Attorney, which is what you need. I would suggest you speak with the attorney that handled your…
10 hours ago
Good Call Tim... yes dont wait 40 yrs to sell ..... And if they are coming to you with offers- probably not a dry hole.. maybe back in the day when the technology was not there to find it, but now there is....Tim you need to not read into my respons…
11 hours ago

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