MRP 96: Texas Relinquishment Act Lands
The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands
Did you know that for some lands in Texas that were sold between 1895, the state owns the minerals under those lands but the surface owner has the right to lease these lands and in return, they receive ½ of the bonus, royalty and other consideration paid by the lessee in lieu of surface damages?
In this episode, we dust off our Texas History books and talk about how this came to be and a little known resource that all Texas mineral owners can use to find out what others have leased their minerals for in your area.
As always, go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. Question or comment? Send us an email at feedback@mineralrightspodcast.com
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Did you know that for some lands in Texas that were sold between 1895, the state owns the minerals under those lands but the surface owner has the right to lease these lands and in return, they receive ½ of the bonus, royalty and other consideration paid by the lessee in lieu of surface damages?
In this episode, we dust off our Texas History books and talk about how this came to be and a little known resource that all Texas mineral owners can use to find out what others have leased their minerals for in your area.
As always, go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. Question or comment? Send us an email at feedback@mineralrightspodcast.com
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