Stephen Boyd Moon's Answers

Stephen Boyd Moon
College Station Real Estate Attorney.
Contributor Level 3

3

Attorney answers:

  1. Matthew Roger Reynolds
  2. Randel David Lee Barrett
  3. Stephen Boyd Moon

I own property next to oil companies that are extracting oil from under my property am I entitled to royalties

Asked by a user in Roanoke, TX - over 3 years ago.

I agree with the answers provided by the two attorneys above. That is, unfortunately, you are not entitled to any of the drainage or production that may or may not be coming from your land. While this may appear bad, it may in fact be a blessing in disguise. Often, production companies are unwilling to stake their claim on a unproven area (or "wildcat") and even if they are interested in your lands may not pay a premium price. Having a producing well next to your property may give other...

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