Texas Deed (As to Specified Subsurface Depths)
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FAQ
Depth right indicates the depth into the surface the mineral owner has rights over. This is something that would be defined in the ownership deed or lease as to how much depth below the surface belongs to the mineral rights owner.
Whether you have an offer on the table or not, you may have good reasons to sell your mineral rights: To pursue other opportunities. If you have a nonproducing property, you might have to wait years for anything to happen ? and nothing may ever happen, even after multiple leases.
Mineral rights are the rights to any natural resources that are present beneath a piece of property, such as oil, gas, coal or even gold.
Owning mineral rights (often referred to as a "mineral interest" or a "mineral estate") gives the owner the right to exploit, mine, and/or produce any or all minerals they own. Minerals can refer to oil, gas, coal, metal ores, stones, sands, or salts.
What Are Mineral Rights? Mineral rights are ownership rights that allow the owner the right to exploit minerals from underneath a property. The rights refer to solid and liquid minerals, such as gold and oil. Mineral rights can be separate from surface rights and are not always possessed by the property owner.
