Texas Mineral Rights

Years ago I inherited a small acreage which has become fairly valuable in recent years. In 1992 I sold this small tract described as having "granted, bargained, sold and conveyed all rights, title, and interest". This mineral deed was not recorded until about 2008. I received a "Customer draft" listing the amount of the draft describing it as covering 2.09 acres for $$ amount per acre and describing the property.

In the recent allocation of undivided interest in the larger tract the acreage comes out almost double the figure that I had sold before. The actual amount was about 4 acres. These figures are used for an example and or not correct.

My question is which figure will be recognized??

Do I still own the difference between the amount figured in the draft and the actual amount of acreage??

I want to put in a plug for this forum. It has been very helpful to me in the past.

When it comes to mineral interests, the amount is divided in half according to what you own. If you have 300 acres and you are the only interest owner then you have 300 mineral net acres but if you share it with another person then you have 150 mineral net acres. This is a rough answer, it’s been awhile since I’ve concentrated on the numbers. I hope this helps a bit.

It depends on the legal description used, the wording of the deed, and some other factors. You should have an attorney look at it.

That’s true, if you share with other family members your interest is split according to that share.