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Old 12-04-2016, 06:23 AM
 
250 posts, read 289,190 times
Reputation: 463

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I found a piece of rural land I want to buy. It's cheap, but the one thing that worries me is that it doesn't come with mineral rights. I understand it's hard to find land with mineral rights in OK, the only ones I found were large tracks and way over my budget. My question is: should I be concerned? How real is the threat that someone will show up and start drilling next to my house? Do they have to compensate if/when that happens?
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Old 12-04-2016, 06:35 AM
 
Location: OKLAHOMA
1,786 posts, read 3,733,369 times
Reputation: 976
Yes. I bought 300 acres and so far no well. The oil company has no respect for land owners at all and who owns the rights will not care where they put the well. I have had them four shelling across my land leaving cattle gates open to get to someone's property.
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