mineral rights

(redirected from Drilling rights)

mineral rights

The right to take things beneath the soil. One may sell land and mineral rights separately from each other,which works a severance of the interests.In some states,sand,gravel,and clay are not considered minerals, even if they exist below the surface. One frequently contentious issue is whether a grant of mineral rights includes the ability to take them by strip mining or other open-air operations,such as quarrying.(The answer differs from state to state and also depends on the precise language of the deed.)

References in periodicals archive ?
On Israeli threats to Lebanon sovereignty and off-shore gas fields in the Mediterranean Sea, Tillerson said he mulled with Lebanese officials approaches to break a "stalemate" with Israel over gas drilling rights along the countries' disputed maritime border and maintain calm along the volatile frontier.
David Nimkin, a senior regional director at NPCA, quoted in a New York Times article about the Bureau of Land Management's plan to auction gas and oil drilling rights to 94,000 acres of land near Dinosaur National Monument.
8 it plans to buy drilling rights from Noble Energy Inc.
The deal includes drilling rights on 44,100 net acres in the Utica and current natural gas production of approximately 80 MMcfe per day.
While including drilling rights on an estimated 53,000 net acres that are undeveloped and prospective for the deep Utica, the deal expands EQTs core undeveloped Marcellus acreage by 29%.
The acquisition also includes drilling rights on an estimated 53,000 net acres that are undeveloped and prospective for the deep Utica.
ROME, Rajab 10, 1437, Apr 17, 2016, SPA -- Italy went to the polls on Sunday in a referendum on offshore oil and gas drilling rights, a vote which Prime Minister Matteo Renzi has said he hopes people will not take part in, Reuters reported.
French company Total has also been granted drilling rights.
The cover story was that the government was looking to build a drilling rig there and tow it out to sea to drill off the SW NZ coast as a backstop to negotiations on tendering the drilling rights for the southern basin.
This entity is tasked with assessing the profitability of drilling rights the group holds in some 10 overseas locations, as well as interests it might purchase down the road.
An oil and gas producer is suing the city of Dallas, which denied the company drilling rights to mineral interests it leased from the city.
Noble Energy, ENI/KOGAS and Total, the three companies who own drilling rights, are currently contributing E1.