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LEASE FOR SOLID MINERALS STATE OF LOUISIANA State Lease ... - Dnr Louisiana
Get LEASE FOR SOLID MINERALS STATE OF LOUISIANA State Lease ... - Dnr Louisiana
D Statutes of 1950, as amended, and other applicable laws, the State Mineral Board of the State of Louisiana advertised for bids for a lease covering sulphur, potash, lignite, gypsum, salt and other solid minerals on the property described below; and WHEREAS, in response to required advertisements, bids were received and duly opened in the City of Baton Rouge, Parish of East Baton Rouge, State of Louisiana on the day of , 20 , at a meeting of the State Mineral B.
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Oilfield FAQ
Go to the Courthouse to Search Mineral Ownership Records If you don't have the description, go to the tax office first. As a surface owner, you are paying property taxes and they can assist you with your property description. It's best if you have the deed that was signed when you or a relative purchased the property.
Louisiana Mineral Rights are somewhat unique. Unlike other states, Louisiana mineral rights revert back to the original owner after 10 years from the date of sale or from the date of last production.
In Louisiana for example, if you sell land, you may retain ownership of the minerals beneath it for a period of 10 years and one day at which time you must transfer such mineral rights to the current owner of that tract of land, but only if that owner has retained the land for the same period of time.
Check the County Clerk's Office To find information on mineral rights, you may also visit the county clerk's office in the county where the minerals are located. This office stores data, documents, and records of leases and deeds filed for mineral rights.
If the hydrocarbons are beneath a navigable waterway in Louisiana, the property is referred to as State Water Bottoms. In other instances, the mineral rights may be owned by the State of Louisiana but an individual may own the real estate; there are a number of possible combinations.
Purchasing Louisiana mineral rights is different from the way other states operate. Unlike other states where people retain ownership forever after purchase, Louisiana law states that Louisiana Mineral Rights revert to the original owner 10 years after the date of sale or the date of the last production.
However, it is possible to hire a professional body to look for records of the property in question. You can also check, for a small fee, the records of county properties to determine who owned the property or minerals or if there is a lease covering them.
Blue Flame Minerals Buys Your Mineral Rights In Louisiana Blue Flame Minerals is the leading mineral rights company in the area, and we're here to help you get the best price for your property. As a professional mineral rights company, we partner with our clients to provide them the best possible service.
Thereon Related content
Leasing Manual - Louisiana Department of Natural...
These guidelines apply to the acquisition of a mineral lease on lands or water bottoms in...
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