Mineral Rights in South Louisiana: Does the 10-Year Rule Apply to You? | RE: Real Estate Podcast
Mineral Rights in South Louisiana: Does the 10-Year Rule Apply to You? | RE: Real Estate Podcast
Content Type
Discussion
Primary Goal
Know whether you own the minerals beneath your land, recognize when the 10-year prescription rule applies, and ask the right questions before buying or inheriting property in South Louisiana.
Keywords
mineral rights Louisiana, South Louisiana land, mineral servitude prescription, oil and gas royalties Louisiana, Houma Thibodaux real estate, buying land Louisiana, generational wealth Louisiana, Built to Own podcast
Summary
In Louisiana, buying land doesn’t always mean buying what’s beneath it. This Built to Own episode unpacks mineral rights – the 10-year prescription rule that quietly returns or erases mineral wealth, the three types of mineral interests every landowner should recognize, and the exact questions to ask before you sign or inherit. Clint draws on nearly 30 years in oil and gas to make it practical for South Louisiana families.
Key Topics
• Surface estate vs. mineral estate – why your deed may not include the minerals
• How mineral rights separate from the surface and stay that way for generations
• The 10-year mineral servitude prescription rule (Louisiana Mineral Code, Title 31)
• Royalty interest, working interest, and overriding royalty interest in plain English
• Family A vs. Family B: same 40-acre tract, $200K–$400K different generational outcome
• Homework: questions to ask a seller, title company, and landman before closing
Title Options
• Louisiana Mineral Rights: The 10-Year Rule South LA Buyers Miss | RE: Real Estate Podcast
• Mineral Rights vs Surface Rights in South Louisiana Explained | RE: Real Estate Podcast
• Do You Own What’s Beneath Your Louisiana Land? | RE: Real Estate Podcast
Sound Bites
“The family that kept the mineral rights built generational wealth. The family that didn’t even know mineral rights existed got a one-time payment while royalties flowed somewhere else for the next 30 years.”
“If you’re buying or inheriting land in this region and you’re not asking about minerals, you’re potentially leaving generational wealth on the table.”
“The minerals may have already reverted to you. You may already own them and not know it.”
“Mineral rights are the kind of thing that gets handed down accidentally, not intentionally. The easiest fix is for one person in the family to know to ask.”
Chapters
00:00 Built To Own cold open
01:19 Welcome & why mineral rights matter in South Louisiana
04:31 Surface estate vs. mineral estate
07:49 How mineral rights separate from the surface
10:09 The 10-year mineral servitude prescription rule
12:16 Royalty, working, and overriding royalty interests
16:07 Family A vs. Family B – a 40-acre example
18:13 When minerals prescribe and revert to the surface owner
19:36 Homework: what to do before you buy or if you already own land
21:31 Wrap-up & subscribe
Resources
Louisiana Mineral Code, Title 31: legis.la.gov – Title 31
Louisiana State Bar Association – Find an Oil & Gas Attorney: lsba.org
Louisiana Office of Conservation (DNR): dnr.louisiana.gov
Show Links
Website: rerealestatepodcast.com
YouTube: youtube.com/@REREALESTATEPODCAST
Facebook: facebook.com/rerealestatepodcast
Instagram: instagram.com/rerealestatepodcast
TikTok: tiktok.com/@rerealestatepodcast
Find every episode at rerealestatepodcast.com – subscribe wherever you get your podcasts.
Hosts
Ben Harang
REALTOR® | Keller Williams Realty Bayou Partners
La. License #: 36589
Mobile: 985.859.2500 | Office: 985.262.4400
ben@benharang.com | benharang.com
Clint C. Galliano
REALTOR® | Keller Williams Realty Bayou Partners
La. License #: 995704723
Mobile: 985.647.4479 | SMS Hotline: (985) 200-5447
Office: 985.262.4400
clint.galliano@kw.com | SoLahomegroup.com
Creators and Guests
Host
Ben Harang
Ben Harang brings over 30 years of experience as a licensed agent and currently works with Keller Williams Realty Bayou Partners. Ben’s experience includes single family residential sales, large land sales, subdivision development, building new construction residential and commercial projects and selling REO/Foreclosed properties.
Host
Clint C. Galliano
Clint Galliano, who’s been an agent since 2020 & an investor since 2008, also with Keller Williams Realty Bayou Partners. Clint’s experience includes residential sales, residential rentals, property management, and various avenues of investing.
