Houston Texas Oil, Gas and Mineral Deed - Individual to Two Individuals

• Category: Oil Gas and Minerals - Deeds
• State: Multi-State
• City: Houston
• Control #: US-00576-A
• Format: Word; Rich Text

Description

Grantor conveys, with limited warranty, unto the grantees all of grantor's mineral interest, including but not limited to oil, gas, carbon dioxide, and all other minerals in, on and under certain property described in the document. Houston, Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals, is a legal document that facilitates the transfer of ownership rights of oil, gas, and mineral rights from an individual to two other individuals specifically in Houston, Texas. This deed grants the new owners the legal right to access, extract, and profit from the valuable resources located on the designated property. There are several types of Houston Texas Oil, Gas, and Mineral Deeds — Individual to Two Individuals, categorized based on specific situations or requirements. Some of these types include: 1. General Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: This type of deed encompasses the overall transfer of ownership rights, including all oil, gas, and mineral rights located on the property. 2. Partial Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: In this scenario, the deed only transfers a portion or specified percentage of the oil, gas, and mineral rights to the new owners. The extent of shared ownership can vary based on negotiations and agreements between the parties involved. 3. Surface Ownership Retained Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: With this type of deed, the original individual retains surface ownership rights of the property while transferring the underground oil, gas, and mineral rights to the new owners. This allows for dual utilization of the land for other purposes like agriculture or residential purposes. 4. Non-Participating Royalty Interest Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: This specific deed grants the new owners the right to a percentage of revenue generated from the extraction and production of oil, gas, and minerals on the property, without granting them operational control or the right to access the resources themselves. In summary, the Houston, Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal instrument that provides a detailed framework for the transfer of oil, gas, and mineral rights from an individual owner to two other individuals in the Houston area. The different types of deeds allow for various levels of ownership, participation, and control in oil, gas, and mineral extraction activities.

Houston, Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals, is a legal document that facilitates the transfer of ownership rights of oil, gas, and mineral rights from an individual to two other individuals specifically in Houston, Texas. This deed grants the new owners the legal right to access, extract, and profit from the valuable resources located on the designated property. There are several types of Houston Texas Oil, Gas, and Mineral Deeds — Individual to Two Individuals, categorized based on specific situations or requirements. Some of these types include: 1. General Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: This type of deed encompasses the overall transfer of ownership rights, including all oil, gas, and mineral rights located on the property. 2. Partial Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: In this scenario, the deed only transfers a portion or specified percentage of the oil, gas, and mineral rights to the new owners. The extent of shared ownership can vary based on negotiations and agreements between the parties involved. 3. Surface Ownership Retained Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: With this type of deed, the original individual retains surface ownership rights of the property while transferring the underground oil, gas, and mineral rights to the new owners. This allows for dual utilization of the land for other purposes like agriculture or residential purposes. 4. Non-Participating Royalty Interest Houston Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals: This specific deed grants the new owners the right to a percentage of revenue generated from the extraction and production of oil, gas, and minerals on the property, without granting them operational control or the right to access the resources themselves. In summary, the Houston, Texas Oil, Gas, and Mineral Deed — Individual to Two Individuals is a legal instrument that provides a detailed framework for the transfer of oil, gas, and mineral rights from an individual owner to two other individuals in the Houston area. The different types of deeds allow for various levels of ownership, participation, and control in oil, gas, and mineral extraction activities.