Why are Mineral Ownership Reports Important?
A mineral ownership report is an important document that establishes who owns the mineral rights to a particular piece of land. This report is beneficial to both landowners and oil and gas companies. For landowners, the report helps to clarify who owns the mineral rights and what portion of any profits they may be entitled to. For oil and gas companies, the report serves as a resource to determine who they need to contact to negotiate a lease agreement or royalty payments.
MYR Land Services has extensive experience researching and generating Mineral Ownership Reports, if you think that you need to know who owns the minerals under your property please contact us now.