Mineral rights examination in Texas grants you the understanding required to profit. Ownership of rights to the resources on your soil is not always straightforward, and extraction is even more difficult. Tracker Services LLC focuses on ethical and legal practices for any stage of an energy project.
Do I own the mineral rights to my land?
Mineral rights are tricky. Previous owners can sell rights, the original seller may keep them, or deposits may extend beyond your territory. These issues create legal battles that must be resolved before extraction proceeds.
Mineral rights in Texas refer to the ownership of subsurface deposits. Typically, this right belongs to the owner of the land on the surface. While you seek to profit from the fruits of your plot, you need to understand who can lay claim to the minerals.
Most energy companies refuse to work with landowners who do not hold clear title to their minerals. They want to avoid losing money by extracting resources for the rightful owner.
These rights may be split between multiple owners. The dominant owner must not overburden their partners when proceeding with extraction. Four distinct limitations exist under Texas law regarding the rights of subordinate claimants. The law seeks to ensure that the process is fair.
What are mineral rights?
Mineral rights extend beneath the surface of your land. Oil, natural gas, and other high-value resources exist beneath the surface. These rights deal with this domain.
This differs from access to the surface estate where the landowner can keep others from entering the estate unless an agreement dictates otherwise. The two surface and subsurface estates are considered different by law.
Surface owners must also own the subsurface rights to transfer ownership on the sale of land. The ownership problem grows increasingly complex with time if the landowner actively seeks to sell access to deposits. It is even possible for the landowner to sell only the surface estate.
Why should I hire a professional examiner?
Professional examiners establish a chain of ownership. Before any work beings, you need to understand claims to any subsurface deposits. Establishing ownership means using legal experts to determine whether work can proceed.
Lawyers examine title and ensure that any project does not overburden other owners. An examination is especially important when considering deposits extending beyond property lines or on land owned by multiple claimants. It is best to avoid conflict.
Tracker Services LLC offers extensive services including title examination. Since 2007, we helped clients achieve clean title, manage energy projects, and extract minerals for profit. We successfully applied our knowledge and due diligence in the acquisition of over $15 billion in assets.
Mineral rights examination in Texas is the crucial first step to accessing deposits underneath your land. Establishing title keeps claimants from impeding progress in any project and is required by nearly every extraction company. Our lawyers are well versed in modern mineral rights law and work with clients to ensure clean access to their deposits.
Contact our experienced team today to start the extraction process today.sMineral Rights Examination Texas