After reading many postings and several referenced documents, trying to figure this out for myself, I still have some questions.
Our legal description identifies 80 acres, but we only own 10.00 NMA. I spoke to someone at an abstract company who confirmed that yes indeed more than one person can own the same legal description. When they do research, they start from statehood forward, following the ownership trail.
Is this unique to Caddo County? or Oklahoma? or is this just how mineral rights work in general?
Does this mean that if we research our legal description today, that it would become out-of-date over time? How do mineral owners stay on top of this?
Do oil companies do the same type of research to make sure they notify all current owners? In our case, my deceased mother’s name with old address appeared on a filing for increased density.
Who makes sure that the correct number of acres are accounted for (with no mistakes, errors, or typos over time)? In our case, all current owners should add up to exactly 80 acres.
Does the phrase “net mineral acres” mean that we don’t own a specific 10 acres? In our case, we own “10 out of 80” acres.
Thanks for any help in understanding how this works.