# Now I find a have a big deed problem
**URL:** https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431
**Category:** Ownership and Title
**Created:** [November 22, 2019, 8:24pm UTC](https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431 "2019-11-22T20:24:09Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Jim\_Phillips](https://www.mineralrightsforum.com/u/Jim_Phillips)
#### Post date: [November 22, 2019, 8:24pm UTC](https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431/1 "2019-11-22T20:24:09Z")
Yesterday I got an email from my operator, Red Rocks Oil and Gas, that I wish I’d gotten years ago. This is a game changer. I inherited a 3/16 interest in a producing oil well in Grady County, Oklahoma, Section 1-5N-5W, from my grandfather. Red Rocks finally researched my ownership and they say due to mistakes in the original deed and subsequent intended corrections, I have no rights beyond what I do have, the original well going back to at least the 1920s. Red Rocks spudded a new well on the property last year and hopes to spud two more. I have copies of the deeds and documents Red Rocks is using. **Is it possible to correct a deed?** I’m thinking that for what I still have to pay for summary probate, capital gains taxes, and then for the sales contract (I want to sell my share) that it probably wouldn’t be worth it.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [November 22, 2019, 9:53pm UTC](https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431/2 "2019-11-22T21:53:39Z")
Jim, these tend to be fact extensive questions. Depending on who does it, a deed (or the legal effect of it) can be corrected. This might be a quiet title case or a probate case depending upon the facts.
You do not pay capital gains taxes upon receipt of an inheritance. If you sell, then there is a consideration.
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### Author:  [@tim\_dowd](https://www.mineralrightsforum.com/u/tim_dowd)
#### Post date: [November 23, 2019, 7:26pm UTC](https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431/3 "2019-11-23T19:26:58Z")
Agree with Richard. I wouldn’t give up yet. I would have a landman check title to determine what is the exact problem, and then you may need to consult with a lawyer on how to fix it. It is also possible that Red Rocks is incorrect, or they don’t have all the information. Something that impacts ownership was never recorded.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:30pm UTC](https://www.mineralrightsforum.com/t/now-i-find-a-have-a-big-deed-problem/53431/4 "2025-01-11T19:30:39Z")