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July 8, 2024, 1:09 pm

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If you want to confirm the number of mineral acres you own or confirm the documentation that is filed of record regarding your ownership, you will need to visit the County Clerk's office of the county where the mineral rights in Oklahoma are located or hire a landman or attorney to perform a search for you. Let us walk you through some of the terminology and concepts you may come across as mineral rights owners in Oklahoma, whether as a mineral owner or as royalty owners (many mineral owners don't know the difference). Located in NM hunting unit 2B, which is famous for it's trophy-sized mule deer and turkey hunting. When selling mineral rights in Lea and Eddy Counties in New Mexico, we recommend US Mineral Exchange. By selling your minerals, you'll receive a lump sum upfront, rather than the traditional smaller monthly royalties paid over a long period of time. Major sedimentary basins were confined to the southern half of Oklahoma and include Anadarko, Arkoma, Ardmore, Marietta, Hollis, and Ouachita Basins. Estimated royalties and value of your mineral rights. That's an area larger than the state of Kentucky. If you want to buy mineral rights in Eddy County New Mexico, see the listing details below. In addition, there are only a couple of counties in New Mexico that can expect to see high values. Selling mineral rights in new mexico law. The ranch is in San Miguel and Guadalupe Counties, New Mexico, due east of Albuquerque and Southeast of Santa Fe. Court of Appeals for the Fifth Circuit's decision to grant a stay of the preliminary injunction related to the use of social cost of greenhouse gases, " Schwartz said in a statement.

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That all assignments and other instruments of transfer of royalties in the production of oil, gas or other minerals on any lands in this state, including lands operated under lease or contract from the United States and from the state of New Mexico, shall be recorded in the office of the county clerk of the county where the lands are situated. Have you received any new Division Orders? Try the royalty calculator below. If you need further help or just want to have conversation about what's going on in the industry, schedule a time to talk with me or fill out the form below and I'll get in touch with you. 39 acre-feet of water rights from the New Mexico Office of the State Engineer. For years, New Mexico has accounted for a significant amount of US Production. Today, however, new rules may apply to various minerals available on private and state trust lands in New Mexico. Sell mineral rights california. Property is zoned C2 Commercial for multitude of options. Diversification: In our opinion, another key reason to sell mineral rights is diversification. The 2 matching properties for sale in New Mexico have an average listing price of $75, 008 and price per acre of $882. Located on the corner of Luna Rd SE & La Vega Rd SE in a Well established neighborhood.

There are livestock handling facilities located at the headquarters to sort/ship cattle and sheep. Location The dairies are located at 326b NM-467 Portales, NM. The scenic and historic 50, 039 acre Dawson Elk Valley Ranch is located near Cimarron, New Mexico, within an hours drive of Raton and I-25 (east) and the ski areas of Angel Fire and Red River (west). Selling mineral rights in new mexico requirements. We want you to feel comfortable with Momentum and the selling process and know that you made the right decision. Below you will find well information in your region helping to educate you on the value of your minerals. We also consult and service clients looking to sell mineral rights in Texas. This law pertains to public land where the country owns mineral rights.

Selling Mineral Rights In New Mexico Law

We buy producing and non-producing oil and gas royalties and mineral rights throughout New Mexico (and other states). For any other questions you may have about mining for minerals (other than oil and gas) occurring on state trust lands, please contact the Minerals Leasing Manager, Bryan Victor, at (505) 827-5743. National Land Realty, LLC, does not warrant the accuracy, reliability or timeliness of any information on this website, including, without limitation, any information relating to any prior sales of any real property, specifically including the purchase price.

Access to the property is provided by a maintained graded county road. If you collect royalty income of $100, 000, you could pay $30, 000+ in taxes and only keep $70, 000 and it would takes years to collect. The Recorder of Deeds will notify the grantee to whom you are granting your rights, and there will be a record of the transfer of ownership. The ranch is well watered with over 60 earthen tanks, the majority have been cleaned in the last 2 years. Court of Appeals judges Leslie Southwick, James Graves and Gregg Costa argued the injunction filed against the social cost of carbon would unduly prevent the federal government's from determining how to make decisions. We include a wealth of information about minerals and royalties there. Most active oilfield. Do you know what stage your interests are in? DFA Base 190, 322 pounds of DFA base included in the sale. New Mexico Statutes Section 70-1-1 (2018) - Production of oil, gas or other minerals; assignments of royalties to be recorded.] :: 2018 New Mexico Statutes :: US Codes and Statutes :: US Law :: Justia. It is not overly improved but has all the facilities needed for operating a horse and / or cattle ranch with owner and manager homes, cattle and horse facilities, and barns for equipment and livestock feed. At the crest of the tract the views of downtown Roswell are available to the east and the view of the Capitan Mountain range to the west. The instrument must identify the grantor and the grantee.

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Both of these should be filed with the county's deed records. James S. said: The forms download was quick and easy. Easement must be obtained from the neighboring parcels to legally access the land. Latest statistics from oil, gas leasing and permitting on U.S public lands. Resources Mentioned in this Episode: - Big Oil isn't as rich as everybody thinks – Yahoo Finance. FAQs – Mineral Resources. When my sister passed away, my niece and nephew had to hire an attorney to help them with the minerals.

If you were a mineral and/or royalty owner, you saw what a global pandemic can do to royalty checks and values in a short period of time. Livestock water is provided by 20 electric wells and one windmill that are set at average depths of 375' and pump an estimated 3-5 GPM. For information on oil and gas drilling regulations, contact Wesley Hooper, Community Services Director 575-887-9511 Community Services web site. A lease bonus could range anywhere from $25/acre to $7, 500+/acres (in the shale plays) – make sure you negotiate for the best price. The question for mineral and royalty owners who are in this situation is what am I being paid on and is there any new production coming my way soon? And to the east, the Arkoma Basin is a peripheral basin that extends from central west Arkansas to southeastern Oklahoma. Strong feed, outstanding water, robust improvements, incredible hunting and a desirable location are the hallmarks of Ute Mountain Ranch. One only needs to view the photos to understand the beauty and potential of this ranch. 5 Acres MOL With 113.

Selling Mineral Rights In New Mexico Requirements

This guide will provide you additional information to help you better understand the value of your mineral rights value in New Mexico. Eddy County BIDS and RFPs can be found at the. 56 developed sites and extra rooms for rent if you don't have an RV. Updated: Sep 17, 2022. The 16, 706 deeded acre Quinlan Ranch is a superlative mountain hunting property located just three miles west of Chama, New Mexico.

Momentum will work with you to provide you with a fair purchase price for your mineral rights, royalties or overriding royalty interests. In order to be a valid and recognized mineral owner, these documents and sometimes supporting documents such as probates and affidavits, much be recorded in the County Clerks' office where the mineral rights are located. The terrain is undulating with a sandy profile. Highly productive wells (and off-set wells) can increase the value of your minerals.

Johnson v. Gray, 1966-NMSC-020, 75 N. 726, 410 P. 2d 948. They pioneered the development of irrigation in the area and irrigated their first farm in 1948. The home is move-in ready and provides a beautiful setting overlooking the Animas River. WING RESOURCES, LLC. Property also comes with 4. Don't sell your mineral rights in Texas until you are sure that you are selling them the right way. First, find out where most of the active oil and gas wells are in the state today. Land with Mineral Rights in New Mexico.