Understanding Fractions of Mineral Ownership

July 28, 2023 | Texas REALTORS® Staff

When does 1/2 of 1/8 not equal 1/16? This isn’t a trick question; it’s the subject of a recent Texas Supreme Court ruling that explores mineral estate contract history, a unique term of art, and the complicated Texas oil and gas law.

Read the article in the June issue of Texas REALTOR® by Tiffany Dowell Lashmet, an associate professor and extension specialist with the Texas A&M AgriLife Extension, to learn more about mineral estate interests.

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Cindy Wingo

Question…So in 1924, if someone said, “I have the eights”, did that mean “I have the mineral rights?”

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Understanding Fractions of Mineral Ownership

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