Does anyone have experience with partial ownership of mineral rights. Is there problem leasing if surface owner owns 75% of minerals and 25% is owned by a non surface owner that has no relation to surface owner. Do both parties have to agree to lease or will a company lease only the 75% from surface owner. thanks

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Hunter,

Each mineral owner can do with his minerals as he wishes and signs his own lease.

FXEF

If the surface owner who owns 75% of mineral rights signs a lease and the 25% mineral owner does not do you think the O & G Co. would put that property in a unit or drill a horizontal on it?  if so how would the royalties be divided?  I have and estate next to my property and the Gas Co. whats to drill a well on them but only 2 of the 6 Heirs will sign the lease and the Gas Co. is telling me that they won't drill until they get the other 4 Heirs to sign and if they don't then I will not be put in a production unit with 2 Horizontals on my ground, any help understanding this will be appreciated.

thanks,

Joe,

It's hard to say what the operator might do, because each state has different mineral rules. The size of the neighboring tract may also be a factor. The O&G company maybe saying they will not drill, in hopes that those leased will try to persuade those holding out to sign. Usually if the O&G company has leased enough land to form a unit, they will not let 4 mineral owners block the drilling.

The royalties are divided proportionally as to the number of mineral acres each mineral owner owns in the drilling unit. 

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