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Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate).Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. [1]
In some states, severed mineral rights revert to the landowner if the mineral right not exercised for a certain time period. [ 3 ] In most states, unless otherwise specified by a deed, the owner of the oil and gas interest is presumed to have the right to occupy as much of the surface property as is reasonably needed to extract the oil and gas ...
The broad form deed is based on the premise of severing the surface and mineral rights of property. The precedence of this idea comes from English legal theory. [2] In this theory the King retained rights to various minerals on landowners estates for the purposes of maintaining the operations of the country and as such the King had authority to mine for those minerals. [2]
That's why mineral-rights owners in many places can now extract hydrocarbons from beneath a property even if doing so is against the will of the homeowner. State laws are at best murky on what ...
West Virginia joined Kentucky and Utah, which also recognize coal as a state mineral or rock. The drive to name coal as an official state symbol was initiated by a high school student from Wharncliffe, West Virginia, who initiated her project at a school fair and collected 2,500 signatures on a petition that was submitted to legislators. [85]
It became a semi-autonomous district by the Oklahoma Enabling Act of 1906, and Osage County at the time of Oklahoma Statehood in 1907. [3] At that time, there were 2,229 registered Osage members. [4] As owners, the Osage negotiated the retention of the communal mineral rights to their reservation lands.
The Oklahoma Legislature abolished the State Mining Board and replaced it with the Oklahoma Mining Commission in 1985. The Commission is a nine-member board that serves as the governing body of the Department and is responsible for approving the Department's budget, establishing policy and appointing the Director of the Department.
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