I wish we did get the mineral rights because they discovered the old surveys were wrong and there was also a lot of natural gas. I think they stopped extracting the oil and started pumping out the natural gas for a while. I suspect this is going to be going on a lot now that the entire area has been developed. Once you get about 30 miles west of Houston, there are huge deposits of both oil and natural gas and I understand that the oil is of the light, sweet variety that's cheaper to refine.
I lived in Houston...Worked for Fluor Engineering and put in THE LAST OIL REFINERY in Meterie', La...WOWZA!!!
And yes, that SWEET CRUDE IS THE "MOTHER LODE" of oil...Take out of the ground, put it through a separator stack to take out the impurities and BOOM...refined oil cheaply...
NOTE: NO one KNOW HOW MUCH OIL Texas has but it is a bunch due to West Texas being partially desert...
Good on Ya'!!!! Outstanding...People just didn't know back then that the mineral have to be CONVEYED when selling the land...OOOOPS...
I wish we did get the mineral rights because they discovered the old surveys were wrong and there was also a lot of natural gas. I think they stopped extracting the oil and started pumping out the natural gas for a while. I suspect this is going to be going on a lot now that the entire area has been developed. Once you get about 30 miles west of Houston, there are huge deposits of both oil and natural gas and I understand that the oil is of the light, sweet variety that's cheaper to refine.
I lived in Houston...Worked for Fluor Engineering and put in THE LAST OIL REFINERY in Meterie', La...WOWZA!!!
And yes, that SWEET CRUDE IS THE "MOTHER LODE" of oil...Take out of the ground, put it through a separator stack to take out the impurities and BOOM...refined oil cheaply...
NOTE: NO one KNOW HOW MUCH OIL Texas has but it is a bunch due to West Texas being partially desert...