Inherited Mineral Rights - Need to get caught up quickly

I have 160 acres of inherited mineral rights in Arkansas. I think is Lafayette county... Well township 19 south/range 23 west, section 30, the south half of the Southwest quarter and section 31, the north half of the northwest quarter. SO how do I know if this land has been drilled on or has minerals under it ect.? Should I do anything to make sure no one is drilling there or is this a dry area?

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Kelley, when seeking location specific information it is best to post your discussion in the appropriate group.  Join this group, read the Lafayette County discussions and post your questions there.

http://www.gohaynesvilleshale.com/group/arkansasshale

Kelley, you should go to this site, http://www.aogc.state.ar.us/. I have found most of these places are very helpful.

This is the oil and gas regulatory business for Arkansas. By going there you can pull up phone numbers that might be able to help you. If you know which county the property is in you can also check the court house records. If you've never done anything like this you will probably need someone that can help you. There you will be able to see if there has ever been a lease or well on this property.

Okay I will look into that site. No I am a nurse for Baylor so I have little experience going thru county records:/  Thanks for your advice:)

Are you in AR, or is that Baylor in TX? Have you had an opportunity to speak with any neighbors to the mentioned property?

The Arkansas Oil & Gas Commission has an office in El Dorado.  I drop by in person now and then.  The staff there is extremely helpful.  I have also been to hearings in Fort Smith and Hot Springs and have found that the commissioners and the staff are uniformly polite, accommodating and fair-minded.  

If you have full ownership of 160 mineral acres, it might behoove you to make a trip there in person, but a warning:  a friend of mine thought that he had inherited a big swath of minerals in Lafayette County, but when I went to Lewisville to check the records for him, it turned out that his grandfather and father had sold most of the minerals on their land. And in Arkansas mineral estates don't prescribe.

Well what do you me prescribe...The Atlanta Exploration company came to me and told me I had such mineral rights or otherwise I had no idea of them existing and figured my grandparents had sold em. but apparently not. What does prescribe mean, turn over to someone else?

Prescription is a Louisiana thing and rather complicated to explain.  Briefly, if minerals are not drilled or produced within a 10-year period, then they revert to the landowners.  

But if your minerals are all located in Arkansas, then you don't have to worry about losing them, as long as you pay your taxes.  

Atlanta Exploration has a good reputation in the Ark-la-tex and they are especially active, I believe, in southwest Arkansas.  

Kelly,

I have minerals in the next section to the east of you. I was there 1 month ago. No drilling currently. I had someone wanting to lease my minerals in October, but did not lease them, yet. Ther is a well being drilled about 2+ miles to the east just north of the welcome area tight now. Is someone trying to lease your monerals now?

If you want to discuss further, you can contact me at cw.mcdonald@yahoo.com

Charles McDonald

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