STATE LAND OFFICE: If the minerals are owned by the state, you can contact the State Land Office Minerals Program at (505) 827-5743, and this website for Lease Information Minerals. An Internet search for who owns the mineral rights to my property will provide links to information.
Who owns mineral rights in Mexico?
Under the law, all minerals found in the Mexican territory are owned by the country, and private parties may exploit these minerals (except oil and nuclear fuel minerals) through a concession granted by the federal government.
Does New Mexico have mineral rights?
In New Mexico, the Mineral Estate holds dominance over the Surface Estate. This means that the mineral owner has the right to ingress and egress, and the right to reasonable use of the surface for mineral extraction.
How to look up mineral deeds?
If your deed does not list this information, you will need to contact the County Clerk in the county where your minerals are located. The County Clerk will either assist you in researching property deeds, or they can recommend a landman to assist you with this research.
How much are mineral rights worth in New Mexico?
Calculate New Mexico Mineral Rights Value Typically, buyers will offer a value that is about three to six times the average royalty income of the most recent three months. For example, if your average monthly royalty income is $1,000, your mineral rights could be valued between $36,000 and $72,000.
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Understanding Mineral Rights in New Mexico Mineral rights give you ownership of the resources beneath the surface, including oil, natural gas, and other valuable minerals. In New Mexico, mineral rights are often separated from surface rights, meaning you may own the subsurface rights but not the land itself.
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Laws and regulations governing mineral rights in
The Federal mining laws are found in Title 30 (Mineral Lands and Mining) deed from the State of New Mexico in the Deed Book in the office of theRead more
The BLM website provides information and guidelines on mining claims, locating/recording a mining claim, service charges and fees, and other topics.Read more
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