AWARD WINNING LAW FIRM IN AUSTIN, TX
Oil, Gas, and Mineral Rights
Do You Have Oil, Gas, or Mineral Rights?
At Vaught Law Firm, our team of experienced attorneys and dedicated legal professionals is well-versed in property division issues related to oil, gas and mineral rights. It can be difficult to determine exactly what rights you own, how valuable they are and whether they should be treated as separate or community property. By drawing on our firsthand knowledge of these issues and our extensive network of valuation and financial experts, we are able to find effective resolutions to this complicated aspect of a divorce with sophisticated assets.
Mineral, Oil, Gas, and Other Resource Rights in Texas
In Texas, it is very rare that property is transferred without a party reserving mineral rights in the land. As technology evolves and new mining methods make resources that were previously unreachable readily accessible, these rights can increase in value. Property or mineral rights that have been in a family for a long time and were once thought to be only marginally valuable can see a sudden, exponential increase in value as they become economically viable to:
For these and all other types of resource rights, we conduct an in-depth investigation to determine exactly what rights you possess. We then work with valuation specialists to determine what these rights are worth, and what will constitute an equitable division.
Our process includes an assessment of whether the rights were brought with you into the marriage and remain separate property, or whether they are community property owned jointly by you and your spouse. We also analyze income you may have received from these rights; while the property and rights themselves may remain separate property, income received during the marriage has the potential to be classified as community property.
Attorneys with Integrity
Best Attorney in Texas. Smartest, kindest, has most integrity, dedicated to making the practice of law better and the best sense of humor.
Excellent work in mediation yesterday! I woke up this morning and was still happy with the outcome, so I know that means we did well!
Meet the Team
Board-certified in family law and civil appellate law by the Texas Board of Specialization
Family law attorney with broad experience in a variety of divorce and family law matters.
Family law lawyer with experience in family law and military divorce.
Request your case consultation
If you would like to know more about how our firm can help with your case, we invite you to give us a call at 512-342-9980 or fill out the form below. We seek a favorable outcome on your behalf and provide superior service you require.