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The act also gave Alaska the right to all minerals underlying the selections, and required that the state either retain mineral rights when conveying surface estates to private entities or return those rights to the federal government.
A surface use agreement, which is also sometimes referred to as a land use agreement, is an agreement between the landowner and an oil and gas company or an operator for the use of the landowner's land in the development of the oil and gas.
Subsurface rights means the rights to all minerals, mineral fuels, and other resources, including, but not limited to, oil, gas, coal, oil shale, uranium, metals, and phosphate, whether or not they are mixed with any other substance found or located beneath the surface of the earth.
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.
Subsurface rights are important because landowners will sometimes acquire the right to valuable items in the earth's ground. Subsurface rights usually include the right to oil, minerals and even water that's found beneath the land's surface.
The State of Alaska's Land Auctions allow Alaska residents to bid on parcels of State land that have been surveyed and appraised.
Alaska. Doyon Limited is the largest private landowner in Alaska and North America. Doyon Limited has a land entitlement of 12.5 million acres. In Alaska, Doyon's land stretches from the Alaska-Canada border almost to the Norton Sound in the west.