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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.

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fee-based mineral listing service.

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Top-tier mineral listing
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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.