MINERAL INTEREST

mineral interest.Oil & gas. The right to search for, develop, and remove minerals from land or to receive a royalty based on the production of minerals. • Mineral interests are granted by an oil-and-gas lease. — Also termed mineral right. See FEE INTEREST; SUBSURFACE INTEREST;

SURFACE INTEREST . [Cases: Mines and Minerals 47, 62.1, 73.1. C.J.S. Mines and Minerals §§ 140, 142, 201–206, 240–246, 265, 291, 442.]

[Blacks Law 8th]