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About Laura M. FitzGerald, CPL
Expertise
I can answer all questions related to any oil and gas leases, mineral sales, pipeline right-of-ways, LA Dept of Conservation Units; negotiating with landmen for leasing your property, assisting in locating owners of suspended funds.

Experience
26 years in the field and owning my own land services company; being a royalty owner, and participating in drilling wells

Organizations
American Association for Professional Landmen, ArkLaTex Assoc. of Professional Landmen, and Dallas Association of Professional Landmen (DAPL), Women's Business Enterprise National Council (WBENC)

Education/Credentials
Certified Professional Landman, attended LSU, Notary Public

You are here: Experts > Industry > Oil/Gas > Oil/Gas > mineral rights deed

Oil/Gas - mineral rights deed

Expert: Laura M. FitzGerald, CPL - 11/7/2009

Question
We are buying property w/some mineral rights conveyed. However, under reservations for conveyence (in the deed) there is this paragraph: Grantor hereby reserves, for itself, successors, and assigns forever, ninety-five (95%) for the mineral estate in and under the property and all that may be produced from the property. If the mineral estate is subject to existing production or an existing lease, this reservation includes the productions, the lease, and all benefits from it.

My husband says that the last sentence again refers to 95% of the mineral rights. I interpret the last sentence as saying that the grantor reserves 100% of the mineral rights for himself of any current production and not 95%. How does a lawyer interpret the above...thank you!

Answer
From what you have stated above, the Seller is reserving 95% of the mineral rights and you and your husband, the Buyers are acquiring 5% of the mineral rights.

In my opinion, the last sentence provides that if the property is producing, this 95% reservation applies thereto.

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