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Understanding the rights of mineral estate owners
A mineral estate, commonly referred to as mineral right, is a property right to mine, use, develop, sell, and profit from any or all of the minerals extracted from underneath certain pieces of land. These minerals include gas, oil, metals, ores, and other organic or inorganic materials that are part of the soil and can be found beneath the ground. However, materials such as gravel, limestone, sand, and subsurface water are not considered underground and, thus, are not part of the mineral estate.
The general rule that the mineral estate is dominant over the surface estate also applies to Texas. This means the mineral rights owner can:
- Use as much of the surface of land as reasonably necessary for mineral exploration and development
- Receive royalties
- Further convey rights
- Receive payments for drilling delays without terminating the lease
- Receive bonus considerations
Understanding the laws surrounding mineral rights can be extremely difficult without the aid of a mineral rights broker at The Mineral Auction. Call us at (512) 698-2802 to find out more about mineral rights and their potential revenue.
Top-tier mineral listing
service for you
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
The Mineral Auction provided me with an invaluable exit strategy when selling a mineral interest that one of my clients had. I’d recommend them to anyone who has the need to create some liquidity.
Blake is excellent. We have used him in numerous family issues and find him always direct and very helpful. He is incredibly informed and our go-to guy.
Blake and I have worked on several deals together and they have always gone off without a hitch. Both parties leave the table satisfied. Highly recommended!
Blake hit it out of the park! He did everything he said he would do, and then some. He far exceeded our expectations within a day! If you are concerned about paying commission or being restricted to a broker – don’t be. He will max out the value of your minerals. I tried to negotiate with several buyers on my own and didn’t come within the same universe.
Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. I found Blake to be very knowledgable about whole process and took the time to answer all our questions. We were very satisified with the transaction and have already recommended Blake and The Mineral Auction to some our friends. Thanks again.
I have mineral rights to natural gas and Blake was excellent in his advice regarding my situation. Thanks a lot for your help!
