55-1603. Same; use of mineral interest defined.
55-1603
55-1603. Same; use of mineral interest defined.(a) A mineral interest shall be considered to be used when:
(1) There are any minerals produced under the interest;
(2) operations are being conducted on the interest for injection, withdrawal,storage or disposal of water, gas or other fluid substances;
(3) rentals or royalties are being paid by the owner of the interest forthe purpose of delaying or enjoying the use or exercise of the mineral rights;
(4) the use or exercise of the mineral rights is being carried out ona tract with which the mineral interest may be unitized or pooled for productionpurposes;
(5) in the case of coal or other solid minerals, there is productionfrom a common vein or seam by the owners of the mineral interests; or
(6) taxes are paid on the mineral interest by its owner.
(b) Any use pursuant to or authorized by the instrument creating the mineralinterest shall be effective to continue in force all rights granted by the instrument.
History: L. 1983, ch. 185, § 3; July 1.