Grantor(s) convey, with limited warranty, unto the grantee all of grantor(s) mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document.
Alaska Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual
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US-00576
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FAQ
Most privately owned lands in Alaska are subject to split estate laws. This means landowners whose properties are located in areas licensed or leased for oil or gas exploration or development may own surface rights, but not subsurface rights.
Most likely, if you own land in Alaska, the state of Alaska owns what lies beneath. These ?subsurface rights? are dominant over your rights as a surface landowner and you cannot deny reasonable access to the state's resources, which could include anything from precious metals to oil and gas.
A mineral deed conveys a seperate estate in minerals in Arkansas. You should use a mineral deed when you wish to deed away the mineral rights to property but not the surface rights. An Arkansas mineral deed is also used to transfer existing mineral rights among mineral owners.
Land in private ownership (other than Native land) comprises less than one percent of the total land in Alaska.
The State of Alaska's Land Auctions allow Alaska residents to bid on parcels of State land that have been surveyed and appraised.
This general mineral deed gives the grantee the right to access, for the purpose of mining, drilling, exploring, operating and developing said lands for oil, gas, and other minerals, and storing handling, transporting and marketing of such. In this document the Grantor Warrants and will defend said Title to Grantee.
WHO OWNS THESE MINERAL RIGHTS? In Canada, property owners generally hold the surface rights, while mineral rights are usually owned by the provincial government.
The Unique Circumstances of Alaska's Ownership In effect, the Alaska Statehood Act placed a prohibition on private ownership of mineral rights in Alaska ? at least on lands granted to the State from the Federal government.