Live Oak County , in South Texas, is a part of the Eagle Ford Shale play. Northern Live Oak County is prospective for wet gas and gas condensate windows of the Eagle Ford Shale, while the northwestern portion of the county is prospective for oil activity. Higher valued condensate and NGLs support production. Live Oak County is conducive to drilling for dry gas, which is likely to increase as natural gas prices warrant. County services of interest to oil and natural gas lease owners include the Live Oak County Appraisal District and the Live Oak County Clerk offices. The county seat of Live Oak County is the town of George West. Other towns in Live Oak County include Choke Canyon Reservoir, Lebanon, Pernitas Point, Ray Point, and Three Rivers. According to Texas Law, mineral rights can be separated from surface rights. Mineral rights can be sold, leased, or produced by a third party company. It is always crucial to understand Texas state law before you proceed to sell your mineral rights; different states have different taxes and stipulations for severing minerals from the surface rights. Mineral rights can go back to the landowner after a period of non- production. Selling your mineral rights for cash can also give mineral rights owners the option to enter into a like- kind exchange. This means that you can take the sale of your
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Live Oak County, in South Texas, is a part of the Eagle Ford Shale play. Northern Live Oak County is prospective for wet gas and gas condensate windows of the Eagle Ford Shale, while the northwestern portion of the county is prospective for oil activity. Higher valued condensate and NGLs support production. Live Oak County is conducive to drilling for dry gas, which is likely to increase as natural gas prices warrant.
County services of interest to oil and natural gas lease owners include the
Live Oak County Appraisal District and the Live Oak County Clerk offices. The county seat of Live Oak County is the town of George West. Other towns in Live Oak County include Choke Canyon Reservoir, Lebanon, Pernitas Point, Ray Point, and Three Rivers.
According to Texas Law, mineral rights can be separated from surface rights. Mineral rights can be sold, leased, or produced by a third party company. It is always crucial to understand Texas state law before you proceed to sell your mineral rights; different states have different taxes and stipulations for severing minerals from the surface rights. Mineral rights can go back to the landowner after a period of non-production. Selling your mineral rights for cash can also give mineral rights owners the option to enter into a like-kind exchange. This means that you can take the sale of your minerals and purchase a piece of real estate without paying extra taxes.
In Live Oak County, cashing in your mineral rights or oil and gas royalty can be an exciting one in the booming shale play of Eagle Ford. To hedge your investment, think about selling all or a portion of your mineral rights. It’s an investment that makes sense and will greatly diversify your portfolio. Understanding how to sell your mineral rights and understanding how oil and natural gas companies work is paramount. By selling mineral rights in Live Oak County, you can meet your potential cash needs quickly. Take control of your investment, and you, as a mineral rights owner, will be able to yield a sizeable economic reward.
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