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On Wednesday, the Mesa County Federal Mineral Lease District awarded five grants, totaling $768,498 to Mesa County entities. The organizations are: Plateau Valley School District 50 received ...
Map of the Uravan Mineral Belt. The 70-mile long (110 km) Uravan mineral belt is an arcuate zone of uranium-vanadium deposits in San Miguel, Montrose, and Mesa counties, Colorado, and Grand County, Utah. It was the area most productive of uranium in the United States in the early 20th century.
When mineral rights have been severed from the surface rights (or property rights), it is referred to as a "split estate." In a split estate, the owner of the mineral rights has the right to develop those minerals, regardless of who owns the surface rights. This is because in United States law, mineral rights trump surface rights. [5]
Major points in a lease include the description of the property, the term (duration), and the payments to the lessor. [6] Lessees of mineral rights have a right of reasonable access to leased land to explore, develop, and transport minerals, [7] unless the lease specifies otherwise (a "no-surface access" lease).
The Mineral Leasing Act of 1920 30 U.S.C. § 181 et seq. is a United States federal law that authorizes and governs leasing of public lands for developing deposits of coal, petroleum, natural gas and other hydrocarbons, in addition to phosphates, sodium, sulfur, and potassium in the United States.
A Landman or "Petroleum Landman"—in the United States and Canada—is an individual who performs various services for oil and gas exploration companies. [1] According to the website of the American Association of Professional Landmen (AAPL), these services include but are not limited to: negotiating for the acquisition or divestiture of mineral rights; negotiating business agreements that ...
The two sides will execute this lease and access agreement on May 1, 2025. ... Colorado Gov. Jared Polis and Union Pacific agreed to terms for a new 25-year lease of the Moffat and binding MOU in ...
1909 – Colorado State Geological Survey publishes first geological map and report. 1916 – The name is changed to the Colorado Geological Survey. 1925 – The Colorado Geological Survey goes out of existence after publishing 31 Bulletins on various aspects of the geology and mineral resources (including oil shale) of Colorado.