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.)

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US-based oilfield investor and operator Viper Capital Partners LLC has acquired drilling rights to 1923 acres of the prolific Hendershot-Ogden Berea Sand Oilfield in Wood County, West Virginia, the company said.

Deal snapshot: VIPER CAPITAL PARTNERS ACQUIRES BEREA OILFIELD IN NORTHERN CENTRAL WEST VIRGINIA

27 February 2019 - US-based oilfield investor and operator Viper Capital Partners LLC has acquired drilling rights to 1923 acres of the prolific Hendershot-Ogden Berea Sand Oilfield in Wood County, West Virginia, the company said.

Viper Capital Partners Acquires Berea Oilfield in Northern Central West Virginia

'For information, ExxonMobil has purchased a block of Pakistani deep sea drilling rights off the Indus delta for exploration.

Foreign Minister clarifies news regarding exploration of oil reserves in Pakistan deep sea

The Minister in a statement issued for press said ExxonMobil had purchased a block of Pakistan's deep sea drilling rights off the Indus Delta for exploration.

FM clarifies news item on ExxonMobil

EQT will retain the deep drilling rights across the acreage.

EQT Corporation to sell non-core Huron acreage for $575M in cash

Oil firms that have won drilling rights during Mexico's landmark energy reforms have made little progress on developing about two-thirds of the projects because of the nation's tangled regulatory regime, according to company executives and government data

Mexico's energy reforms mired in regulatory delays

Despite two decades of efforts to improve relations, Greece and Turkey have seen a spike in tensions in recent weeks over disputed Aegean boundaries as well as over oil-and-gas drilling rights off the divided island of Cyprus.

Turkey warns Greece after flag is hoisted on disputed islet

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.

Hezbollah's overseas activities threaten Lebanon's security - Tillerson

Hizbullah was not the only one to attempt to rake in political capital over drilling rights in the contested area, nicknamed Block 9.

Hizbullah's Flyers Targeting Israel's Gas Rigs with Missiles

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.

Echoes

8 it plans to buy drilling rights from Noble Energy Inc.

Drillers flock to Rockies as sleepiest shale corner awakens

In February, the BLM made its largest lease (https://www.heartland.org/news-opinion/news/trump-administration-makes-biggest-sale-of-federal-drilling-rights-in-four-years) sale in four years , selling drilling rights (https://www.blm.gov/press-release/blm-oil-and-gas-lease-sale-nets-over-129-million) on 278 parcels of public land for a total of $129.3 million .