mineral rights

I have a question. If land was given to a relative and half the mineral rights were kept. Do you still own the rights if 10 years have passed without production? Again, the land was GIVEN away, but the minerals were kept.

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landownerPermalink Reply by Har C2 on July 28, 2008 at 13:58
I do not think you would still have the mineral rights because no production occurred within the last 10 years.

Whether purchased or inherited or gifted the surface owner owns the mineral rights after 10 years.

Oil & Gas ProPermalink Reply by Randy on July 28, 2008 at 14:08
In Louisiana mineral reservations prescribe after 10 years. Doesn't matter the circumstances.

Randy

Oil & Gas ProPermalink Reply by Two Dogs, Pirate on July 28, 2008 at 14:24
They may not have owned minerals to start with but I guess that could be questioned by a court of law. Nothing is written in stone. Yes you can hold minerals on land that is showing non production and is producing. Crooks are out there and only you can protect yourself.

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