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Permalink Reply by Randy on July 23, 2008 at 15:43

This is something that hasn't been determined. You will most likely not be bonused on strip & gore(the street). You MAY end up getting royalties on it. Unfortunately it's not up to you, or the O&G companies either, more a municipality thing as I understand it.

Randy

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Permalink Reply by T16N R14W S09 on July 23, 2008 at 16:03

Thanks for the post, Randy. If it's left up to the municipality, well, we know how that will end up. The City of Shreveport needs to recoup any revenues they can after making the "$1/acre" deal.

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Permalink Reply by Randy on July 23, 2008 at 16:08

I think it is more complicated than just "what they want to do" but I am not knowledgeable enough about that particular side of it to tell you. Maybe a lawyer could chime in.

Randy

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Permalink Reply by Thomas T. Thomas on July 24, 2008 at 7:36

I know that if you owned land and a road was put on top of it you still own the mineral rights under the road. These mineral rights do not ever expire to the surface owner (the state) you own them until you decide to do something with them. It is the same with man-made water ways.

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Permalink Reply by chris on July 24, 2008 at 8:04

It depends on the type of roads. I know in Texas (laws may be different in La) county roads, residential, city streets, etc... are almost always Right of Way easements. This means that you would still own the minerals under your portion of the road. For the state and federal roads, these are almost always conveyed by Right of Way Deeds. This means that unless specifically reserved in the Deed of Conveyance, minerals would have been transferred to the Government. I hope this makes sense. If you have any other questions please let me know and I can try to answer them to the best of my ability.

Chris

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Permalink Reply by chris on July 24, 2008 at 8:40

Your acreage ,if you do indeed own the minerals under the road, would then be calcutlated off of a plat filed at the courthouse or off of the metes and bounds in your deed. The metes and bounds are surveyors notes that allows you to literally draw out your property, thus determining your acreage. If you own the roads then you add the footages of the road to your metes and bounds and get a new total. (i.e. if you have a 100ft road bordering your property then you would add 50 ft) Hopefully this makes sense to someone not in the business. You should be paid a bonus on ALL of your acreage, including the roads. Let me know if anyone needs further clarificaion.

Chris

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Permalink Reply by Donald Woolsey on July 24, 2008 at 8:47

I own 10 acres and the plat (dated 1912) shows 15' easements on two sides for roads/streets. At the present they do not exist. I checked with the city and parish and they stated that they do not put in roads/streets. It is the responsibility of the developer or landowner to do this. Once they meet their standards, then they will assume maintenance. Who own mineral rights in this instance?

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Permalink Reply by chris on July 24, 2008 at 8:56

I am not sure whose responsiblity it is to install the roads but if in fact the proposed roads where easements and not deeds then you own the minerals. I would get a copy of your deed and do a little research on the easements. There will be a specific clause in a filed document reserving the minerals in question to someone else. But if these were in fact easements then more times than not the property owner owns the minerals.

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