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The document is a Texas Oil, Gas and Mineral Deed template for transferring mineral rights from an individual to a trust. It includes instructions for completing the form, a disclaimer regarding legal advice, and sections for grantor and grantee information, consideration details, and legal descriptions of the property involved. The deed outlines the rights conveyed and limitations on liability for the grantor.

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What is gas made of?

Oil and gas royalties are typically calculated based on the value of the production. The royalty rate is negotiated between the owner of the mineral rights and the company extracting the oil and gas, and can range from 12.5% to 25% of the production value.

What is a natural gas mineral?

Oil and natural gas are not classified as minerals. Most obviously, gas and oil are not solids and do not have crystal structures. They are also organic, having come originally from decomposed plants and animals. Some examples of minerals are diamonds, emeralds, and quartz.

What mineral is in gas?

Natural gas consists largely of methane, but small amounts of more complex hydrocarbons may be present, and it may also contain unwanted components such as nitrogen, carbon dioxide, and hydrogen sulfide.

What is the mineral of gas?

It is also possible that some natural gas is generated from coal deposits. Natural gas consists largely of methane, but small amounts of more complex hydrocarbons may be present, and it may also contain unwanted components such as nitrogen, carbon dioxide, and hydrogen sulfide.