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MS HB906

Bill

Status

Failed

2/2/2021

Primary Sponsor

Bob Evans

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Mineral estates separated from surface estates after January 1, 2022, automatically revert to the surface estate owner after 10 years of no drilling attempts or mineral production

  • The 10-year nonproduction period can be interrupted by actual drilling operations, production, or shut-in rental payments, with the clock restarting after activity ceases

  • If the period is interrupted with less than 180 days remaining, the mineral estate owner receives at least 180 days before reversion can occur

  • Oil production only counts as interrupting nonproduction if the well is located on the same quarter-quarter section as the severed mineral estate; gas wells must be within the same half-section

  • Effective date: July 1, 2021

Legislative Description

Mineral rights; revert to surface owner after certain period of time.

Last Action

Died In Committee

2/2/2021

Committee Referrals

Judiciary A1/18/2021

Full Bill Text

No bill text available