I owned more acres and mineral rights than I am being paid on..
I sold my land and kept all the mineral rights....however, when the survey was done (for the sale of the property) I ended up owning 5 more acres than I originally thought. I contacted the oil and gas company and told them I owned 5 more acres of mineral rights and they basically said since the lease was already done it could not be changed.....(and there are 4 wells currently producing on the track).
I feel as if I am missing out on money owed to me, I realize 5 acres is not that much, however, it does add up over time...That would make me owning 67 acres of minerals rights.
......It that true that it cannot be changed and I recoup monies that I feel are owed to me? Can anyone out there help me?
Views: 64
Replies to This Discussion
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Permalink Reply by Skip Peel - Mineral Consultant on -
Was the survey filed of record with the parish or county clerk of court?
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Permalink Reply by Carolyn Jennings on
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Not sure, the sale was recorded in the county clerk's office...Would the survey not be a part of the sale recorded? I will call the county clerk's office on Monday and see what I can find out. Thank you for your reply and your help.
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Permalink Reply by jffree1 on
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You probably should look at the Unit Designation for the unit in question to see what the actual included acreage was for your tract. That is the acreage used in the calculations for Division Orders... not the acreage (more or less) as stated on your lease (unless that is what is later determined to be the actual size of your tract).
You can find Unit Designations in the county records and they may also be called "Designation of Unit" or "Declaration of Pooled Unit" or something close to one of those... assuming you are in Texas.
Or, you could just ask the operator for a copy.
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Thank you, I will do this....
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Permalink Reply by Ben Elmore on
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In your lease, what does the granting clause say (where the land is described and the rights granted are described, typically the first paragraph)? Can you quote the entire provision?
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I will check......thanks
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Permalink Reply by The_Baron on
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As far as getting more bonus, good luck. I am sure you have a mother hubbard clause and a after aquired title clause.
As far as royaty, you can make sure this is corrected when a well is drilled. When a well is drilled, contact the operator and make sure thay have a copy of your correct survey.
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Thank you.
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