Kansas Permit Agreement for Minerals

State:
Multi-State
Control #:
US-OG-685
Format:
Word; 
Rich Text
Instant download

Description

This is an agreement where the Owner represents and warrants present ownership of an undivided possessory mineral interest in and to the described lands. Owner grants to Operator the right, for a term, to conduct any and all operations undertaken in connection with the exploration for oil, gas and/or other minerals on, across, and/or through the described Lands.

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FAQ

Mineral rights generally include the right to sell all or part of the interest, the right to enter the land to produce and carry on production activities, the right to lease the mineral rights to others, and the right to create fractional shares of the mineral interest.

Typically, mineral rights are associated with rural agricultural land. Agricultural land is not appraised at market value in Kansas. Thus, unsevered subsurface mineral rights are not assessed or taxed.

A mineral agreement shall grant to the contractor the exclusive right to conduct mining operations and to extract all mineral resources found in the contract area.

In Kansas, the landowner usually owns the subsurface rights, but sometimes these rights have been severed, or separated from the surface ownership. Severance of mineral rights occurs when the owner of both the surface and mineral rights sells or grants by deed the mineral rights underlying their property.

If you want to sell the mineral rights to another person, you can transfer them by deed. You will need to create a mineral deed and have it recorded. You should check with the county Recorder of Deeds in the county where the land is located and ask if a printed mineral deed form is available to use.

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Kansas Permit Agreement for Minerals