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Mineral rights are property rights to exploit an area for the minerals it harbors. Mineral rights can be separate from property ownership (see Split estate).Mineral rights can refer to sedentary minerals that do not move below the Earth's surface or fluid minerals such as oil or natural gas. [1]
The broad form deed is based on the premise of severing the surface and mineral rights of property. The precedence of this idea comes from English legal theory. [2] In this theory the King retained rights to various minerals on landowners estates for the purposes of maintaining the operations of the country and as such the King had authority to mine for those minerals. [2]
Royalty Interest: the share of income received, unrelated to a working interest, and therefore received without paying any well expenses; usually connected to a leased mineral ownership. When a mineral owner signs a lease, he receives a royalty interest. Overriding Royalty Interest: An overriding royalty interest is a share of income received ...
The Fort Worth, Texas, company has separated the mineral rights from tens of thousands of homes in states where shale plays are either well under way or possible, including North Carolina, Alabama ...
It owns mineral and royalty interests in over 17 million gross acres in 28 states and onshore basins in the continental United States. It includes ownership of more than 130,000 gross wells, with ...
the Mineral Materials Act of 1947, 30 U.S.C. § 601, et. seq., [30] which provides for the sale or public giveaway of certain minerals, such as sand or gravel; the Multiple Mineral Use Act of 1954 (Multiple Mineral Development Act), 30 U.S.C. Ch. 12, [31] which provided for the development of multiple minerals on the same tracts of public land;
This is a list of Superfund sites in West Virginia designated under the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) environmental law. The CERCLA federal law of 1980 authorized the United States Environmental Protection Agency (EPA) to create a list of polluted locations requiring a long-term response to clean up hazardous material contamination. [1]
In West Virginia, the main uses for reclaimed mining sites are recreational, farming, and military training. One such farming use is the growing of lavender . There are many different types of lavender but surprisingly, they all thrive in the dry rocky soil that surface mining leaves behind.