Paint Rock Royalty was founded with the goal of providing integrity and expertise in the mineral rights market, including inherited mineral rights in Texas. We offer comprehensive services to help mineral rights owners navigate the complexities of lease agreements, expiration, and reversion, ensuring that their rights are protected. Mineral rights in Texas generally do not expire unless certain conditions are met, but they can revert or become inactive if specific requirements are not fulfilled. We assist owners in monitoring lease terms and production requirements, ensuring that leases are renewed and production is maintained to avoid reversion. If no oil, gas, or minerals are being extracted, the rights may revert to the original owner once the lease term ends, often due to a dry hole” situation or inactive wells. Our team also helps clients understand critical lease terms like the habendum clause, which defines the time frame for mineral production. If production ceases or drilling stops, the lease may terminate, leading to reversion of rights to the landowner. Additionally, we advise on situations where rights may expire under a use it or lose it clause, helping clients take action before their rights are forfeited.