If they don't drill your section in the primary term then 100% of the minerals will return to you
100% of the mineral rights never leaves the lessor. Only the right to explore, develop, extract, process, and market the minerals is transferred by an OGML. Transfer of mineral rights is a whole separate thing
How do you turn down $36 million before royalty?
quote:look who is a landman.
I own a city lot, which is about 0.2 acres. I am not going to strike it rich with oil and/or gas.
then quit being a pussy and sign the lease. It's free fricking money.
you small lot owners who act like you're important are the people I despise the most
the industry is trimming some fat right now