Usually there maybe more than the money involvrd. I am not sure about Louisiana law, but in Texas the Mineral Estate is the dominate Estate over the surface rights. As such, the mineral owner actually has more to say about what can and will occur on the surface of the land to acquire the mineral estate. This has caused severe hardship for those who did not own the mineral estate in Texas up to and including the mineral owner allowing drilling on the surface land many times way too close to the surface owners residence. This cause severe devaluation of that property owners property value, and not the least of exposure to drilling activities as close as 200 ft from their homes. Allowing right of way to drilling activity and actually TAKING of surface property to drill without the surface residence agreement. Giving up say so and surface rights should be calcilated into any upfront money. Also remember those who offer ALWAYS know more than you. They would not make significant offers IF they thought they were going to lose. They nearly always have a plan that might come back to dirupt your property. Always keep your mineral interest lease OK but sell never JUst IMO.
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Posted by Char on May 29, 2025 at 14:42 — 4 Comments
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