Rumors of things picking up.... - GoHaynesvilleShale.com2024-03-29T15:57:20Zhttps://gohaynesvilleshale.com/forum/topics/rumors-of-things-picking-up?groupUrl=sanaugustine&feed=yes&xn_auth=noYou would get an offer if the…tag:gohaynesvilleshale.com,2016-09-10:2117179:Comment:36260062016-09-10T16:33:18.594Zjffree1https://gohaynesvilleshale.com/profile/jffree1
<p>You would get an offer if they decided to form a unit and needed your acreage to go with whatever Black Stone has... if you do own the minerals. Only a title review would tell you whether you do own the minerals or not. The minerals could have been reserved/sold, in whole or in part, by previous owners.</p>
<p>You would get an offer if they decided to form a unit and needed your acreage to go with whatever Black Stone has... if you do own the minerals. Only a title review would tell you whether you do own the minerals or not. The minerals could have been reserved/sold, in whole or in part, by previous owners.</p> As I mentioned previously it…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36256022016-09-08T17:01:29.799ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>As I mentioned previously it matters not what your deed states if there are prior mineral reservations in the chain of title. The seller transferred to you 100% of what he owned but he may have owned a half interest, a quarter interest or no interest. Mineral reservations in land deeds became common in that part of east Texas early in the 20th. century. Every sale of this land since that time could have included a mineral reservation. There is no certainty without a mineral title search. …</p>
<p>As I mentioned previously it matters not what your deed states if there are prior mineral reservations in the chain of title. The seller transferred to you 100% of what he owned but he may have owned a half interest, a quarter interest or no interest. Mineral reservations in land deeds became common in that part of east Texas early in the 20th. century. Every sale of this land since that time could have included a mineral reservation. There is no certainty without a mineral title search. Since the mineral estate takes precedence over the surface estate, if someone else owns the minerals they can execute a lease and the terms of the lease will largely control what an energy company can do on your surface.</p> I am certain that I own 100%…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36256672016-09-08T15:39:07.461ZAggie95https://gohaynesvilleshale.com/profile/Aggie95
<p>I am certain that I own 100% of the minerals underneath my property. I own both the surface and minerals underneath. That was part of the agreement when I purchased the property. We included an addendum (Mineral Deed) to the contract that all mineral rights (100%) would be sold in addition to the purchase of the surface property. </p>
<p>By the way...I'm not looking for any sort of payday because I would rather not have to deal with oil and gas companies. I just prefer to keep my land as it…</p>
<p>I am certain that I own 100% of the minerals underneath my property. I own both the surface and minerals underneath. That was part of the agreement when I purchased the property. We included an addendum (Mineral Deed) to the contract that all mineral rights (100%) would be sold in addition to the purchase of the surface property. </p>
<p>By the way...I'm not looking for any sort of payday because I would rather not have to deal with oil and gas companies. I just prefer to keep my land as it is and continue on with life. I just want to be prepared in case I am forced to deal with them. Honestly, I don't ever expect to be approached about leasing my minerals. Judging by the maps I've seen, it doesn't look like my property is in a good spot for production.</p> Aggie, if XTO wishes to form…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36255382016-09-08T15:17:15.867ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Aggie, if XTO wishes to form a drilling unit that includes all or a portion of your 50 acres it is likely that they will offer you a lease. However with only fifty acres it is entirely possible that they will form a unit and drill wells without a lease covering your minerals. So get professional assistance if you get an offer. </p>
<p>I suspect that Wish You Knew is referring to the time when there were multiple companies leasing and drilling Haynesville Shale, there were quite a few 2009 -…</p>
<p>Aggie, if XTO wishes to form a drilling unit that includes all or a portion of your 50 acres it is likely that they will offer you a lease. However with only fifty acres it is entirely possible that they will form a unit and drill wells without a lease covering your minerals. So get professional assistance if you get an offer. </p>
<p>I suspect that Wish You Knew is referring to the time when there were multiple companies leasing and drilling Haynesville Shale, there were quite a few 2009 - 2011. Eventually the price of natural gas put an end to all of those companies' Haynesville programs and XTO acquired the bulk of what turned out to be economic acreage. Today XTO is about the only Haynesville player in southern E TX. The bulk of the minerals in that portion of the fairway is owned by a handful of timber companies and Blackstone. I'm pretty sure that XTO's deal with Blackstone includes a drilling commitment. That means that XTO has an obligation to drill BS minerals. If XTO needs some minerals from you or a timber company to fill out a drilling unit comprised mostly of BS minerals they will probably offer to lease that acreage.</p>
<p>Hopefully that helps you understand the basics of "how this works". You state that you "own 100% of the mineral rights on this property", are you sure? Texas law allows the surface estate and the mineral estate to be severed in perpetuity. It is quite common for minerals to be reserved by sellers in your chain of title. If there is a reservation of minerals back down the chain of title on this 50 acres it is binding. If this is the case it doesn't matter what your deed states. You own the surface but to know for sure how much of the mineral right you acquired with the surface you would need a mineral title search.</p> People have been saying what…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36255892016-09-08T14:13:44.561ZAggie95https://gohaynesvilleshale.com/profile/Aggie95
<p>People have been saying what since the land rush ended?</p>
<p>People have been saying what since the land rush ended?</p> I looked at that map a few da…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36255332016-09-08T14:13:17.531ZAggie95https://gohaynesvilleshale.com/profile/Aggie95
<p>I looked at that map a few days ago. I guess, my 50 acres doesn't matter in the big picture. However, I don't understand why my minerals would never be leased just because they own all of the minerals underneath some (not all) of the land that surrounds me. I don't understand the reasoning or how that process works. </p>
<p>I looked at that map a few days ago. I guess, my 50 acres doesn't matter in the big picture. However, I don't understand why my minerals would never be leased just because they own all of the minerals underneath some (not all) of the land that surrounds me. I don't understand the reasoning or how that process works. </p> People have been saying this…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36255302016-09-08T13:18:23.920ZWish You Knewhttps://gohaynesvilleshale.com/profile/WishYouKnew
<p>People have been saying this since the land rush ended.</p>
<p>People have been saying this since the land rush ended.</p> Go to their website and you c…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36256592016-09-08T13:16:36.229Zleehttps://gohaynesvilleshale.com/profile/lee46
<p>Go to their website and you can see what they own,</p>
<p><a href="http://www.blackstoneminerals.com/Our-Assets/Property-Map/" target="_blank">http://www.blackstoneminerals.com/Our-Assets/Property-Map/</a></p>
<p>Go to their website and you can see what they own,</p>
<p><a href="http://www.blackstoneminerals.com/Our-Assets/Property-Map/" target="_blank">http://www.blackstoneminerals.com/Our-Assets/Property-Map/</a></p> Then I guess that's one less…tag:gohaynesvilleshale.com,2016-09-08:2117179:Comment:36255152016-09-08T00:13:30.045ZAggie95https://gohaynesvilleshale.com/profile/Aggie95
Then I guess that's one less thing I have to worry about. So, they own all the minerals underneath the Bannister Wildlife Management Area and the Turkey Hill Wilderness? Because that's what I'm surrounded by. They may own everything around me, but they don't own the minerals underneath my 50 acres.
Then I guess that's one less thing I have to worry about. So, they own all the minerals underneath the Bannister Wildlife Management Area and the Turkey Hill Wilderness? Because that's what I'm surrounded by. They may own everything around me, but they don't own the minerals underneath my 50 acres. Aggie 95 you will never be le…tag:gohaynesvilleshale.com,2016-09-07:2117179:Comment:36255042016-09-07T21:11:54.956Zleehttps://gohaynesvilleshale.com/profile/lee46
<p>Aggie 95 you will never be leased Black Stone Minerals own almost all the minerals in the area that surrounds you.</p>
<p>Aggie 95 you will never be leased Black Stone Minerals own almost all the minerals in the area that surrounds you.</p>