If you own land, you should be aware of the mineral rights that apply to your property. Valuable minerals that are commonly found in the earth include coal, gas, and oil. As a landowner in Louisiana, you can lease mineral rights to utility companies who want to extract these substances for commercial, residential, and industrial use. At The Law Office of Russell A. Woodard, Jr., LLC, we understand the complex state laws associated with mineral rights and can guide you toward an agreement that protects your interests.
Louisiana's ground is replete with shale and other minerals, resulting in an exponential increase in mineral rights leases as these formations have been discovered over the past decade. Anyone who owns a home in the state may have access to minerals on their land.
Although landowners can accumulate a significant profit from mineral rights agreements with utility firms, most are unfamiliar with their rights. As a result, oil and gas company agents often approach private individuals and encourage them to sign an agreement that may not serve their interests. A mineral rights attorney can help you navigate the multiple contracts required for this type of arrangement and help prevent you from entering an agreement that compromises your finances or the enjoyment of your property.
Russell has experience with an array of mineral rights issues, including cases involving trespass, breach of contract, lease and operator disputes, and financial claims associated with royalties and interest. Whether you want to create a new mineral rights agreement for your land or update an existing contract, our team is ready to answer all of your questions.
Mineral rights are one of the key practice areas at The Law Office of Russell A. Woodard, Jr., LLC. Explore testimonials from our satisfied clients to learn more about Russell and the RAWLaw team's dedication to every case. To schedule a consultation at our Ruston office, call 318.255.4898 today or complete our online form.