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Inherited oil and gas royalties

Oil, Gas and Mineral Deed - Individual or Two Individuals to an Individual 2025

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The document is an Oil, Gas and Mineral Deed in which the Grantor(s) convey their mineral interests, including oil, gas, and other minerals, to the Grantee(s) for a specified consideration. It outlines the rights and privileges transferred to the Grantee(s) for exploration and production of these mineral rights, while limiting the Grantor's liability under a limited warranty. The deed includes provisions for notarization and specifies that the property does not constitute part of the Grantor's homestead.

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Click ‘Get Form’ to open it in the editor.
Begin by filling in the names of the Grantor(s) in the designated fields. If there are two individuals, ensure both names are clearly stated.
Next, specify the Grantee's name who will receive the mineral rights. This is crucial for legal clarity.
In the section regarding consideration, confirm the amount being exchanged (e.g., Ten Dollars) and ensure it is accurately reflected.
Provide a detailed description of the property involved, including county and any specific identifiers as outlined in Exhibit 'A'.
Indicate the number of net mineral acres being conveyed to avoid any future disputes.
Finally, both Grantor(s) must sign and date the document. Ensure that all signatures are witnessed by a Notary Public for validation.

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How does a mineral deed work?

A mineral deed is a document that transfers ownership of the right to harvest minerals, or the right to receive payments from the mining of minerals. However, a mineral deed only controls the subsurface rights and cannot control legal access to the surface of the land.

Are mineral rights automatically transferred?

As a general rule, mineral rights attach to land and are transferred automatically with the conveyance of property, unless the property deed excludes them or indicates otherwise.

What happens to mineral rights when someone dies?

To determine if you own the mineral rights on a parcel, you will first need to check the deed. The mineral rights may have been severed from the surface at some point in time. If your deed does not list this information, you will need to contact the County Clerk in the county where your minerals are located.

Can someone else own mineral rights on my property?

Unless you also own the minerals under your land, that someone might have every right to start drilling. In the United States, mineral rights can be sold or conveyed separately from property rights. As a result, owning a piece of land does not necessarily mean you also own the rights to the minerals beneath it.

How to determine who owns mineral rights?

Conduct a title deed search at the county records office to find the owner history in the title deed. Follow the history of the property through the chain of owners. This can tell you whether the property or land was ever owned by an oil and gas company.

never sell mineral rights

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How do you transfer ownership of mineral rights?

If you want to sell the mineral rights to a family member or friend, one (or both) of you will need to hire an attorney to draft the deed. Once the deed has been docHubd, the original must be recorded in the county where the minerals are located.

How to transfer ownership of mineral rights?

You need to consult a California oil and gas title attorney as that is a specialized question requiring knowledge of California law. That attorney can help you file documents required to transfer title from your grandfather through all the owners to you.