Make Notes On Legal Pennsylvania Oil Gas Forms For Free

The term ?legacy well? is generally used to describe a well which was drilled and abandoned historically, and for which there is no current responsible party. A portion of these wells have been located by DEP and other parties; and DEP has legal authority to properly decommission such wells, as funding levels permit.

Find land with mineral rights for sale in Pennsylvania that includes legal subsurface ownership of oil and gas minerals and other valuable rocks and resources. The 33 matching properties for sale in Pennsylvania have an average listing price of $758,385 and price per acre of $9,945.

To begin, visit the county website where the minerals are located and check if they have a link for searching land records online. You can also call the office and ask for assistance. The recorder or clerk will not search for you, but they will give you information about their records and how to search.

Mineral rights can be sold in any Pennsylvania county for anything from $500/acre to $5,000+/acre. Isn't that a pretty wide range? The reason for such a range is because the ranges depend on where you are located in Pennsylvania. The cost of your property is heavily influenced by where you are located.

Pennsylvania does not maintain ownership records of mineral properties and county governments often have these records. Therefore, the starting place should often be the County Recorder of Deeds Office. An older mineral deed may or may not be recorded in this office.

The Dormant Oil and Gas Act allows any person or other entity who has an interest in oil or gas underlying a tract of land to petition the appropriate court of common pleas to declare a trust in favor of all remaining, but unknown, owners of oil or gas interests in the tract.