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Permalink Reply by adubu on July 2, 2012 at 11:22

Ken--- if oil/gas operator is holding funds then once ownership of minerals can be proven ( Complete Title run) they will discuss arrangements to get funds to owner of minerals per lease terms and a DO signed. In Texas after ~5 years these funds are transfered to the State Unclaimed property fund-- then you must file claim with the state and prove ownership. Yes can be done by your self, but if you run into problem then you may need a Title Attorney's help.

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Permalink Reply by Ken Boone on July 2, 2012 at 11:33

What are some of the ways to prove ownership besides a will, or succession?

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Permalink Reply by adubu on July 2, 2012 at 14:08

those items plus deeds should support the chain of the title run( legal description of property including mineral reservations or conyance) as it changes owners thru sell or inheritance to present owner. We got two good lawyers as members John B and Ben E that can correct me if I am wrong if they read this thread. If they miss then you can friend and ask them thru message to their mailbox

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Permalink Reply by Andrew on July 2, 2012 at 22:59

Ken,

If it is a matter of merely finding the owners, all that is needed is to contact the company and supply a chain of title from the last known owner to you, which could be a succession or an affidavit of death and heirship.

If the company's land work shows that the family doesn't even own the minerals, or ownership is in dispute, a full runsheet from patent would likely be required to rebut their finding.

If the money was suspended because there is the possibility of multiple adverse claimants, you should consult an attorney because a concursus suit may need to be filed, and at least a title opinion should be performed.

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