New State of Texas pending legislation HB 834
Some Erath County yahoo cogressman is really trying to muck up things. Requires all mineral owners (those who own minerals which have been severed from the surface estate) to file a report in the county where the minerals are located. It's funny to me seems as though there is already a report, being the signed deed or document which conveyed the interest. This is just another example of our government getting involved in things they have no right to be involved in.
http://www.capitol.state.tx.us/tlodocs/81R/billtext/pdf/HB00834I.pdf
http://www.capitol.state.tx.us/tlodocs/81R/billtext/pdf/HB00834I.pdf
Views: 224
Replies to This Discussion
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Permalink Reply by Sandstone on -
Has anyone seen any discussion on this or have any idea where or why this came up?
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Permalink Reply by Jon Williamson on
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The esteemed gentleman from Erath county probably bought a farm in the HS and realized he didn't own the minerals, and the mineral owners can't be found.
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Permalink Reply by Sandstone on
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Two Dogs, know anything about Erath County or who the big dog operators are?
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Permalink Reply by Two Dogs, Pirate on -
I stay on the East side of the Sabine River unless I got to get a lease signed on Louisiana property by someone that lives in Texas.
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Permalink Reply by Sandstone on
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Every week I see a natural gas co. filing a Statement for Citation suit against a deceased person and their unknown heirs as a petition for appointment of a receiver to lease mineral interest owned in certain acreage. Is this how it is handled when the heirs can't be located? If the heirs don't come forward, then what happens?
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Permalink Reply by jffree1 on
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Sometimes it is how it is handled when the heirs CAN be found. The lessee petitions the court to appoint someone to act for the heirs. The trouble comes when the "lost" heirs find out about the lease and get their lawyer involved.
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I believe the tract in question could not be used as drillsite, but could be included in the unit. Royalties would go to the state.
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I believe that is correct if the royalties are not claimed within a prescribed length of time. Three years, isn't it?
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Permalink Reply by Sandstone on
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You know that might could be a good job - a private investigative agent tracking down heirs; fits right in with geneology research. LOL
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Permalink Reply by ALongview on
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Am I missing part of this thing? Is a mineral owner cleared of any further responsibility once they file the "affidavit of ownership" of said minerals in the county in which the minerals are? Does this filing keep the ownership in place forever or just for 10 years?
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