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MS HB1110

Bill

Status

Failed

1/30/2018

Primary Sponsor

Donnie Bell

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Separated mineral estates automatically revert to the surface estate owner after ten years of nonproduction, with the ten-year period beginning after July 1, 2018.

  • The ten-year nonproduction period is interrupted and restarts if there is any bona fide attempt to drill or actual production of minerals, beginning the day after production or drilling operations cease.

  • For shut-in rental payment contracts, the ten-year period restarts at the end of the period covered by the last rental payment if no actual production occurs.

  • If the ten-year period restarts with fewer than 180 days remaining, it cannot expire until at least 180 days have passed from the restart date.

  • Oil is considered not in production if the well is not in the quarter-quarter section where the severed mineral estate lies; gas is considered not in production if the gas well is not in the half-section where the mineral interest lies.

Legislative Description

Mineral estates; revert to surface estate owner after ten-year period of nonproduction.

Last Action

Died In Committee

1/30/2018

Committee Referrals

Energy1/15/2018

Full Bill Text

No bill text available