Hello, I’m new to owning mineral rights and am curious if I can have a brine lease and an oil/gas lease for the same property at the same time. I already have an oil/gas lease on a subsection of the whole (no well yet). Does this prevent me from leasing that same section for brine?
Thank you, M_Barnes. The property is in Arkansas. If I own 27nma (1/6 of 166 acres) and the current oil/gas lease is for 4.7nma (1/6 of a 28-acre section), could I have a brine lease for the area that the oil/gas lease doesn’t cover, even if the recovered water belongs to the operator/surface owner?
And are you saying that the mineral owner never owns the recovered water if he/she doesn’t own the surface rights?
Thank you again, this is foreign to me for now.
I do not know the law in Arkansas, so an attorney or landman from Arkansas would need to speak into the issue and take the exact wording of your lease into account.