Mineral Rights

What are Mineral Rights?

Mineral rights represent the ownership right to any underground resources – including metals and ores, fossil fuels, and other mineable rocks that are present on a property.

What are the advantages of owning mineral rights?

  • There are no liability risks, and in most cases, taxes are assessed only on properties that are actively producing oil or gas. (In contrast, owning undeveloped real estate has carrying costs like insurance premiums and taxes.)
  • Having this right makes it possible for an owner to own and exploit all natural resources that are present beneath the land.