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.
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.
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?
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.
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?