What is a Mineral Owner?
There are four kinds of ownership you might see on documents. It is important to know what kind of owner you are before you make any decisions.
A Mineral Owner, is an individual who is entitled to receive monthly or annual royalty income from operators producing crude oil, natural gas because they actually own the mineral property, not to be confused with the "Surface" property. The mineral property is under the surface.
Mineral interest is a property interest that is created when the sale of minerals such as hydrocarbons is executed by the mineral deed or an oil and gas lease. The owners mentioned on such deeds are mineral interest owners. However, since these owners do not have expertise of exploring minerals themselves, they can lend their mineral ownership rights to oil operators (oil companies).
How much of my mother's original property do I own, if it was split among several family members when she inherited it? Click Here.
My lease was sold! Can they do that without asking me?
Yes, it is very common that leases are sold from company to company. The mineral owner has no say in this transaction. The new owner of your lease should notify you they are your new operator, and will send you paperwork to get you in their accounting system to be paid. If you think your lease was sold or your operator was acquired look at the NADOA, (National Association of Division Order Analysts) book of mergers and acquisitions for owner relations contact information.
I want to get rid of these minerals, what are my options?
Visit our message board, click here. It is free to join, and open to the pubic to read.
How do I know what I own? The paperwork!
I need more help!
Why should I join NARO? Click here. NARO is the only national organization representing, solely and without compromise, oil and gas mineral property owners' interests. We are glad to assist anyone, however membership funds keeps our mission alive. Please join us, more info here.
What is an oil and gas lease?
Oil And Gas Lease is an agreement between two parties (the mineral owner and an oil and gas operator (or oil company) to allow oil and gas exploration and a production organization (a Lessee) along with the crew and drilling equipment to access the property and minerals which a Lessor owns. An Oil And Gas Lease can also be defined as an area of land allotted to an Exploration and Production organization for drilling activities. The piece of land is usually spread in large acres.
An oil and gas lease is a private business contract. If you feel the company you have contracted with has violated the terms of this agreement your recourse is through the legal channels. The state regulating agency, the local police, related associations (like NADOA, AAPL, OGCC etc) cannot generally help, you need to consult an oil and gas attorney. In some instances, if a state statute is being violated the State Attorney's General can assist.
What if I can't get my operator to call me back?
This can be very frustrating. If you have a request for your operator and are having trouble getting a reply, send your request in writing, via certified mail. Emails and phone calls are not considered "Official" correspondence.
State regulatory agencies serve their citizens by...
State regulatory agencies do not..
What is my state regulatory agency?Click here to find out and learn what resources they offer mineral owners.
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