My question is specifically for Survey 98, Block 194, in Pecos County. My wife and her brother are the remaindermen of a mineral reserving life estate in Pecos County for this and several adjoining lands. Due to the death of the life tenant, they are now in full control of the mineral rights according to the chain of title I’ve been able to track down. From the RRC site, it looks like there are producing wells with the operator Blackwelder Oil on the section. The life tenant had not signed a lease/division order with the operator, and I’m not sure how to proceed. Most likely consulting with/hiring a landman familiar with Pecos County, and specifically the Priest and Beavers fields. Recommendations on a landman and/or how to proceed would be helpful as I dip my toe into this world for the first time!
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The siblings should start with a certified letter return receipt to the Division Order department at Blackwelder Oil stating that they are the remaindermen and the life tenant has passed away. They should be ready with the name of the life tenant, the death certificate, the document that states they were the remaindermen and ask what else they need to provide to be put into pay status. The life tenant may have been force pooled. Start with the free option first.
Also check with the unclaimed funds and see if funds are setting at the state. www.missingmoney.com.