A contract is a vital piece of business. Whether the deal you strike has to do with purchasing a piece of property or hashing out the details of a merger with a competitor, the terms and conditions of this document can make or break any deal in Texas. The attention to...
Month: June 2019
Are mineral and surface rights separate?
When you live in Texas, the big American dream might be to strike oil. When it comes to land ownership, there are two categories. You can be a surface owner and a mineral owner. By default, when you purchase land, you generally purchase the surface and mineral rights....
What is the difference between surface and mineral rights?
If you wish to take advantage of fertile land and possibly make some money off the oil flowing underneath it, then you need to understand the difference between surface and mineral rights. You very well could have both, but if you just have surface rights, your dreams...
Will an oil well damage your land?
You may be eager to sign the lease with the oil and gas operator so drilling can begin on your Texas property. However, before you sign anything, you should consider adding one or more clauses within the lease to address surface damage. MineralWeb.com explains a few...