Re: mineral oil and gas deeds

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On 7/02/06, Dustin wrote:
> On 4/28/06, jim wrote:
>> Can anyone tell me if a mineral oil and gas deed is a
>> binding document, if so is it as binding as the surface
>> deed?
>
>
> The surface and minerals underlying a tract of land are one
> and the same and a part of the same parcel of land until
> severed. Severance is the act of either reserving the
> minerals or a part thereof from a conveyance of the
> surface.
>
> Severance of the mineral estate from the surface estate is
> often accomplished by a reservation of the minerals, but can
> also be effected by a mineral deed conveying only the
> mineral estate. And severance occurs where the owner of
> both the surface and minerals leases the mineral estate in
> an oil and gas lease.
>
> In any event, deeds of minerals, royalty deeds, assignments
> of interests in oil and gas leases or interests carved out
> of oil and gas leases are ALL deeds of real property and
> entitled to the same respect and treatment under the law in
> most jurisdictions.
>
> Dustin --------------------------------------------------
jim
thanks Dustin.
very good information,but i cannot understand how state
legislators can legaly take a deed of private ownership of
gas /oil from you and give your ownership of mineral rights to
a company who has not contracted for production of the oil /gas
that is severed from the surface property" The owners of the
surface property pays taxes on the surface,and the owners of
the mineral gas/oil has payed a seperate tax for 100 yrs on the
gas/oil in pennsylvania the state says even if you own a deed
for such minerals,YOU DO NOT OWN THEM. HOPE YOU CAN HELP OUT ON
THIS SERIOUS PROBLEM
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