Finding Mineral Rights
My brothers and I inherited the C-Johnson A-19 survey. However, we only found out about it when a land man called us out of the blue to inform us of a land grab on property owned by the late Mr. E.B. Mott, our grandfather. A petroleum company claimed with the court they could find no living relatives, so were going to just take it.
We were fortunate enough to make our own filings in time!
The million dollar question is, how do we find out if we have other mineral right surveys from Mr. E.B. Mott we don't know about?
I do know my grandmother, Mrs. Mott, once received royalty checks from an oil well in the Zavalla area... I think I recall seeing the M & M company name on a check sent to her but that name might be wrong. I believe the well was capped at some point in the 60s or 70s.
My brothers and I hope to uncover that and any other mineral rights should they still exist.Assistance in pointing us in the right direction would really be appreciated.
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Replies to This Discussion
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Permalink Reply by Darrel Munsey on -
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.
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Permalink Reply by Gregg Williams on
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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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