If the 10 acres is surrounded by hundreds of acres of mineral rights held by another person, as a practical matter, can the small tract owner do anything to realize any value from his mineral interest? Can the large landowner just ignore the small tract?
Buddy Cotten said:
There are certainly fields that have 10-acre spacing in Texas. Statewide spacing is 40 acres. There are exceptions to the statewide spacing regulations which require Railroad Commission approval.
Buddy Cotten www.cottenoilproperties.com