MISSISSIPPI MINERAL RIGHTS REFORM ACT OF 2015 - GoHaynesvilleShale.com2024-03-28T16:33:59Zhttps://gohaynesvilleshale.com/forum/topics/mississippi-mineral-rights-reform-acto-of-2015?groupUrl=mississippi&commentId=2117179%3AComment%3A3459852&groupId=2117179%3AGroup%3A2538730&feed=yes&xn_auth=noBill, I agree. The question…tag:gohaynesvilleshale.com,2015-02-17:2117179:Comment:34653362015-02-17T15:49:56.761ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Bill, I agree. The question in my mind is whether MS mineral owners will understand that if they do not lobby for a statutory change that addresses the problem and protects their rights to a reasonable degree, the industry will be back with future attempts at remedying the problem which may not be in their best interest. Although the bill didn't make it out of committee this issue is unlikely to go away. And the problem must be addressed if MS is to be attractive to energy companies going…</p>
<p>Bill, I agree. The question in my mind is whether MS mineral owners will understand that if they do not lobby for a statutory change that addresses the problem and protects their rights to a reasonable degree, the industry will be back with future attempts at remedying the problem which may not be in their best interest. Although the bill didn't make it out of committee this issue is unlikely to go away. And the problem must be addressed if MS is to be attractive to energy companies going forward.</p> I would be surprised if such…tag:gohaynesvilleshale.com,2015-02-17:2117179:Comment:34654962015-02-17T15:37:24.824ZBill Mendenhallhttps://gohaynesvilleshale.com/profile/BillMendenhall412
<p>I would be surprised if such a bill would ever pass the Mississippi House of Representatives, even if it passed in the Senate (which it didn't, of course). The problem with Mississippi is that it's often impossible to be certain who owns the minerals, even with a search back to the patent. Louisiana's 10-year "reversion to the surface" statute seems to be a logical approach and clears up much of the uncertainty.</p>
<p>I would be surprised if such a bill would ever pass the Mississippi House of Representatives, even if it passed in the Senate (which it didn't, of course). The problem with Mississippi is that it's often impossible to be certain who owns the minerals, even with a search back to the patent. Louisiana's 10-year "reversion to the surface" statute seems to be a logical approach and clears up much of the uncertainty.</p> That's a shame...but not a su…tag:gohaynesvilleshale.com,2015-02-08:2117179:Comment:34622252015-02-08T18:34:40.767ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>That's a shame...but not a surprise. The same could be said of the majority of LA legislators. They are an embarrassment.</p>
<p>That's a shame...but not a surprise. The same could be said of the majority of LA legislators. They are an embarrassment.</p> Too many in the Mississippi S…tag:gohaynesvilleshale.com,2015-02-08:2117179:Comment:34623062015-02-08T18:09:51.067ZWilliam Howard Pritchartthttps://gohaynesvilleshale.com/profile/WilliamHowardPritchartt
<p>Too many in the Mississippi State Legislature owning severed minerals. I own severed minerals in the state and I am for such a bill becoming state law. I however, realize minerals owned in perpetuity eventually become owned by large numbers and deter development. I am just a landman with a little knowledge and common sense. This disqualifies me or anyone such as myself from becoming a Legislator in Mississippi.</p>
<p>Too many in the Mississippi State Legislature owning severed minerals. I own severed minerals in the state and I am for such a bill becoming state law. I however, realize minerals owned in perpetuity eventually become owned by large numbers and deter development. I am just a landman with a little knowledge and common sense. This disqualifies me or anyone such as myself from becoming a Legislator in Mississippi.</p> Thanks for the background, Wi…tag:gohaynesvilleshale.com,2015-02-08:2117179:Comment:34621092015-02-08T13:37:58.487ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>Thanks for the background, William. I doubt that this issue is going away. Too much at stake for powerful interests to ignore. This is where an organization representing mineral owners could play a role in making sure their interests are considered in the debate. A wise political pundit once said, "If you're not at the table, you're probably on the menu".</p>
<p>Thanks for the background, William. I doubt that this issue is going away. Too much at stake for powerful interests to ignore. This is where an organization representing mineral owners could play a role in making sure their interests are considered in the debate. A wise political pundit once said, "If you're not at the table, you're probably on the menu".</p> Wrong solution to facilitate…tag:gohaynesvilleshale.com,2015-02-08:2117179:Comment:34621862015-02-08T12:18:09.170ZWilliam Howard Pritchartthttps://gohaynesvilleshale.com/profile/WilliamHowardPritchartt
<p>Wrong solution to facilitate the need to eliminate complex title problems of multiple l owners in tracts held in perpetuity. Arkansas requires a separate tax roll and assessment of severed non-producing minerals. Last time I worked in Arkansas I believe it was ten cents/mineral acre each year. If taxes were not paid the minerals they were then owned by the State and only the owner could buy them from the state. I became friends with the Director of the Arkansas Minerals Leasing Division.…</p>
<p>Wrong solution to facilitate the need to eliminate complex title problems of multiple l owners in tracts held in perpetuity. Arkansas requires a separate tax roll and assessment of severed non-producing minerals. Last time I worked in Arkansas I believe it was ten cents/mineral acre each year. If taxes were not paid the minerals they were then owned by the State and only the owner could buy them from the state. I became friends with the Director of the Arkansas Minerals Leasing Division. He was frustrated by the policy at that time by not leasing state owned minerals even if a surface exclusion clause and pooling only was contained in the lease.</p>
<p>The Arkansas Democrat Newspaper interviewed a senator from Russellville and yours truly on the millions in bonus payments the state was missing out on. Clinton was governor at the time running against Sheffield Nelson. The interview did not put the governor in a good light. About a week after the article was published I was having a late lunch after buying leases at "Kelly's Grill" in Bald Knob. There was only one other customer finishing his lunch and the owner introduced me to Bill Clinton. He asked me to vote for him and I said i was not about to vote for him. When he asked why my reply was I was a native of Mississippi. He asked me what I was doing in his state. I told him spending millions of dollars among his constituents working for an oil company. I explained the problem I was having acquiring state leases. He must have realized who I was and things went down hill from there.</p>
<p>Some states such as Nebraska have a 23 year abandoned mineral statute that may be a better model to encourage and not deter development. Every 23 years in order to maintain ownership of severed minerals, the state requires the owner to either lease the minerals or file an affidavit of record claiming ownership if the minerals are non-producing. Failure to comply can result in the surface owner filing suit against the owner to acquire and there is no recourse if the owner is delinquent after filing the court action. Now that is fair to everyone and as it should be rather than owning minerals until the end of time.</p>
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<p> </p> The bill didn't make it out o…tag:gohaynesvilleshale.com,2015-02-04:2117179:Comment:34608702015-02-04T14:27:01.054ZSkip Peel - Mineral Consultanthttps://gohaynesvilleshale.com/profile/ilandman
<p>The bill didn't make it out of committee. <br></br><br></br></p>
<h2 align="center">Mississippi Legislature<br></br>2015 Regular Session</h2>
<h1 align="center">Senate Bill 2316</h1>
<p align="center"><font face="comic sans ms" size="-1"><a href="http://billstatus.ls.state.ms.us/2015/pdf/misc/s_cal.htm" target="_blank">Senate Calendar</a> | <a href="http://billstatus.ls.state.ms.us/2015/pdf/misc/h_cal.htm" target="_blank">House Calendar</a> | …</font></p>
<p>The bill didn't make it out of committee. <br/><br/></p>
<h2 align="center">Mississippi Legislature<br/>2015 Regular Session</h2>
<h1 align="center">Senate Bill 2316</h1>
<p align="center"><font size="-1" face="comic sans ms"><a href="http://billstatus.ls.state.ms.us/2015/pdf/misc/s_cal.htm" target="_blank">Senate Calendar</a> | <a href="http://billstatus.ls.state.ms.us/2015/pdf/misc/h_cal.htm" target="_blank">House Calendar</a> | <a href="http://billstatus.ls.state.ms.us/2015/pdf/mainmenu.htm" target="_blank">Main Menu</a><br/><a href="http://billstatus.ls.state.ms.us/2015/pdf/history/SB/SB2316.xml#addinfo" target="_blank">Additional Information</a></font></p>
<p><a name="14b524945b29b3f9_allversions"></a><strong>Bill Text for All Versions</strong> <img class="CToWUd" src="https://ci4.googleusercontent.com/proxy/mO_UZGC40gK0hgq9-_svofpPfrGwMIQgvW47IeYAJkO0Sglpz8zoMcP2E9kV1ObX5MK0TIBBAk27s9VJJb1jRy0L3lCoEDGBaumYmMM43Ki7tUG8Y5rjC3UjJWkhzeeAR59YS71oZPpyZtTtN7YfeepqcnGspe7jn-w=s0-d-e1-ft#<a href="http://billstatus.ls.state.ms.us/2015/pdf/history/SB/..%5C..%5C..%5C..%5C..%5Cgifs%5Cexplanation.gif" target="_blank">http://billstatus.ls.state.ms.us/2015/pdf/history/SB/..%5C..%5C..%5C..%5C..%5Cgifs%5Cexplanation.gif</a>"/><br/> <a href="http://billstatus.ls.state.ms.us/documents/2015/pdf/SB/2300-2399/SB2316IN.pdf" target="_blank"><img class="CToWUd" alt="pdf" src="https://ci5.googleusercontent.com/proxy/l_IIHQaWT-HF0bYdIohp6rQ49_4Y0ft3tnX7-rtCOWoMeLtEl9Eonx7bQWqZzQLGIqUAwIMr9GrCDw8U25ILVWvffDTyGwQZkJOvj2yYGrsr7EfJ=s0-d-e1-ft#http://billstatus.ls.state.ms.us/2015/pdf/dtds_xslts/adobe.jpg" border="0"/></a> | <a href="http://billstatus.ls.state.ms.us/documents/2015/html/SB/2300-2399/SB2316IN.htm" target="_blank"><img class="CToWUd" alt="html" src="https://ci3.googleusercontent.com/proxy/8XOhV9901Q14ficX8y2OGFeOQmixhK00bJvc5IeOJYmJVt7uZ50OT7PtIEasQ38vpfipPsw8pWGGfza9mD4AD0LFe78c5y22T3sK5vgeXyS7kzxoLLs=s0-d-e1-ft#http://billstatus.ls.state.ms.us/2015/pdf/dtds_xslts/textgif.gif" border="0"/></a> <em>As Introduced</em></p>
<p><strong>Description:</strong> Mississippi Mineral Rights Reform Act of 2013; create.</p>
<p><strong>Fiscal Note:</strong> <font color="black">No fiscal note conducted</font></p>
<p><strong>Background Information:</strong><br/> <em>Disposition:</em> <font color="red">Dead</font><br/> <em>Deadline:</em> General Bill/Constitutional Amendment<br/> <em>Revenue:</em> No<br/> <em>Vote type required:</em> Majority<br/> <em>Effective date:</em> January 1, 2015</p>
<p><strong>History of Actions:</strong><br/> <font size="-1" face="Courier New"> 1 01/19 (S) Referred To Energy<br/> 2 02/03 (S) Died In Committee<br/></font></p>
<p><a name="14b524945b29b3f9_addinfo"></a><strong>----- Additional Information -----</strong></p>
<p><strong><em>Senate Committee:</em></strong> <a href="http://billstatus.ls.state.ms.us/2015/pdf/Senate_cmtes/EN.xml" target="_blank">Energy</a>*</p>
<p><strong><em>Principal Author:</em></strong> <a href="http://billstatus.ls.state.ms.us/2015/pdf/Senate_authors/Gandy.xml" target="_blank">Gandy</a><br/><strong><em>Additional Authors:</em></strong> <a href="http://billstatus.ls.state.ms.us/2015/pdf/Senate_authors/Burton.xml" target="_blank">Burton</a>, <a href="http://billstatus.ls.state.ms.us/2015/pdf/Senate_authors/Fillingane.xml" target="_blank">Fillingane</a>, <a href="http://billstatus.ls.state.ms.us/2015/pdf/Senate_authors/Montgomery.xml" target="_blank">Montgomery</a></p>
<p><strong><em>Title:</em></strong> AN ACT TO CREATE THE MISSISSIPPI MINERAL RIGHTS REFORM ACT OF 2015; TO REQUIRE REGISTRATION OF SEVERED MINERAL INTERESTS IN THE OFFICE OF THE CHANCERY CLERK OF THE COUNTY IN WHICH THE MINERAL INTEREST IS LOCATED; TO PROVIDE FOR FORFEITURE TO THE STATE OF ANY SEVERED MINERAL INTEREST NOT SO REGISTERED; AND FOR RELATED PURPOSES.</p>
<p><strong>Information pertaining to this measure was last updated on 02/03/2015 at 17:33</strong><br/><em>End Of Document</em></p> I think why the state is gett…tag:gohaynesvilleshale.com,2015-02-03:2117179:Comment:34603432015-02-03T18:04:07.446Ztchttps://gohaynesvilleshale.com/profile/tc
<p>I think why the state is getting the mineral interest, is because they think of it as unclaimed property. Just like if you abandoned a bank account or other financial instruments. I question why is it forfeited to the state and not sent to the MS State Treasury Unclaimed Property Division.</p>
<p>I think why the state is getting the mineral interest, is because they think of it as unclaimed property. Just like if you abandoned a bank account or other financial instruments. I question why is it forfeited to the state and not sent to the MS State Treasury Unclaimed Property Division.</p> Why not let what mineral inte…tag:gohaynesvilleshale.com,2015-02-03:2117179:Comment:34603292015-02-03T17:04:37.688ZTMS Lease Houndhttps://gohaynesvilleshale.com/profile/RossHHufford
<p>Why not let what mineral interest that is still left, not registered, revert to the current surface owner and have 10 year prescription ???? Why the state ????</p>
<p>Why not let what mineral interest that is still left, not registered, revert to the current surface owner and have 10 year prescription ???? Why the state ????</p> Thanks Skip.tag:gohaynesvilleshale.com,2015-02-02:2117179:Comment:34598522015-02-02T20:11:24.378ZJohn Anderson Davishttps://gohaynesvilleshale.com/profile/JohnAndersonDavis
<p>Thanks Skip.</p>
<p>Thanks Skip.</p>