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Permalink Reply by Darrel Munsey on August 28, 2014 at 4:30

The information on the State Comptroller above is good, but this is the Web site to use for Texas.   It is quick and if you find your name, you can fill out the claim on line and it will print out your claim form.   As to your question, I would search your family name from whom you inherited to see if any money is being held by the state.   You can then find out where the money came from and back into your mineral ownership.   This will only help if production dollars were due and payable.  It gets a littler harder from here on.   Each County can have their own escrow account from receivership leases.   Since taxes on minerals are only applied towards producing minerals, a search of county tax rolls might discover the receivership leases.  More research on your family member and where he might have done business would be another search area.   Asset determination is a process. 

https://mycpa.cpa.state.tx.us/up/Search.jsp

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Permalink Reply by Gregg Williams on August 28, 2014 at 4:58

Lance,

In Texas, "the company" cannot take your mineral interests. They may apply for a receivership lease with the County Court, if approved those monies are held in escrow for a period of time (3 years I think but needs to be verified), if the monies are not claimed within that period they escheat to the State of Texas.

If you have other questions please email (or contact a reputable TX O&G attorney) and I can send you my phone number.

Gregg

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