Mineral purchase offers
How to read a mineral purchase offer
A mineral purchase offer should say what interest is being bought, where it is located, and what happens next.
Read the noteField notes
Notes on the record.
Short, plain-language notes on mineral interests, royalty interests, oil and gas leases, inheritance, probate, division orders, and undivided interests. General information only.
Oil and gas leasing
Oil and gas lease basics
An oil and gas lease sets terms for exploration and production. It is different from a mineral deed, a royalty deed, or proof of title.
Read the noteInheritance and probate
Inherited mineral interests and probate
Inherited minerals can move through a will, probate file, heirship record, deed, or court order. The sequence of records matters.
Read the noteDivision orders
What a division order shows
A division order usually shows the decimal used for payment from a well. It is a payment record, not a complete title file.
Read the noteMineral and royalty interests
Mineral interests and royalty interests
Mineral and royalty interests are different interests. The deed, reservation, lease, or other record that created the interest controls the description.
Read the noteUndivided interests
What an undivided mineral interest means
An undivided mineral interest is a fractional share of the minerals in a tract, not a marked-out piece of the surface.
Read the note