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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]
the Mineral Materials Act of 1947, 30 U.S.C. § 601, et. seq., [30] which provides for the sale or public giveaway of certain minerals, such as sand or gravel; the Multiple Mineral Use Act of 1954 (Multiple Mineral Development Act), 30 U.S.C. Ch. 12, [31] which provided for the development of multiple minerals on the same tracts of public land;
The rights to above- and below-ground minerals (as a rule quarries and mines) may be awarded separately. One exception among Commonwealth common law countries is Australian mining law, under which virtually all mineral rights are held by the Crown. Mining law in the United States is also based on English common law. Here the landowner is ...
The Fort Worth, Texas, company has separated the mineral rights from tens of thousands of homes in states where shale plays are either well under way or possible, including North Carolina, Alabama ...
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]
Osage headrights are property rights, protected under federal law, that entitle their owner to receive a quarterly payment from the Osage Mineral Estate. They also entitle their Osage owners to vote for members of the Osage Mineral Council. [1] Historically, Osage headrights were linked to citizenship and voting in the Osage Nation. In 2006, a ...
The Fort Myers-based company owns 53,371 acres (21,598.5 hectares) across eight counties in Florida and 48,700 acres (19,708 hectares) of oil, gas and mineral rights in the state.
Mineral rights on Indian lands. As part of its trust responsibilities, the BLM provides technical advice for minerals operations on 56 million acres (230,000 km 2) of Indian lands. [67] Leasing and Land Management of Split Estates. A split estate is similar to the broad form deeds used, starting in the early 1900s. It is a separation of mineral ...