. . . . we are Rural/Urban Resources.
First, think of Rural/Urban Resources as a chamber of commerce or economic development association for landowners who are "pooling" surplus groundwater for development and sale to the highest bidder.
We are a legal means by which landowners can voluntarily join together to communitize or pool the potential surplus groundwater that may be under their property, and develop it for sale to the highest bidder.* It is also a way to protect their rights of ownership to the groundwater beneath the surface of their land. There are no costs to the landowner.
Basically, Rural/Urban Resources offer an “arms length” way for a landowner to protect his/her underground water, by separating it from the land, much like oil, gas and other minerals, which Texas' courts have approved. The Leases show that the owner’s have established a prior use of their groundwater; developing it as a separate asset for the owner's use and benefit, while performing a public service.
The Leases also are a way to make sure the ones who want our water, pay for it!
Our primary area consists of rural property in a generalized area of NE Texas, the the state's recognized water-rich area.
We do not Lease inside any incorporated City Limits. (Cities, by permitting, generally control underground water within their corporate or extra-territorial jurisdictions.)
- This is the way for landowners to create additional long-term income, keep control of their underground water rights, and it helps increase the value of their land.
- All that is asked is that landowners Lease their surplus groundwater, and combine it with the surplus groundwater of other area landowners, thereby creating a “pool” of water of sufficient quantity for sale at the highest possible price. (The future water needs of the immediate area should be determined before any water is sold outside the area.)
- The Landowners only Lease surplus water...and that is all they lease: The Lease is subordinated to oil and gas, and other minerals leases. All oil, gas, coal, other minerals, timber, all surface acres and surface water, sand, gravel, clay, etc., are reserved and retained by the landowner, plus 60,000 gallons of water a month or 720,000 gallons annually from each tract of land which is under a separate legal description. This is in addition to the water from any currently operating wells.
- This also offers a solution to water needs outside the local area. By sticking together, we can access water from all of our area's aquifers. And the more water we can develop the more we’ll get for it. Our area has water. Other areas want it. By joining together, by “pooling” our water, we can make them pay for it. (If we don't, the state will take it!).
Water is a rechargeable asset. It replenishes itself, which makes it a renewable asset for a long, long time, which creates income from long-term sales. The sale of surplus water, which most landowners likely will never use, will create a multi-million dollar economic stimulus for our NE Texas region.
THE POOLING OF WATER:
Pooling simply provides for equal treatment of area landowners in the development of potential water resources.
The Leasing of surplus groundwater also provides landowners a political tool to fight the taking of surface acres and/or any efforts to take away their groundwater rights.
Obviously, Rural/Urban Resources cannot guarantee to any landowner that there are 2,000 gallons per day of water under each separate tract of his/her property, as defined by legal description. Neither can we guarantee that a well will ever be drilled on their property. We do, however, guarantee an equal share of royalty from water sales to each participating landowner, even if a well is never drilled on their property.
Inquiries are always urged and invited; so just e-mail or call us if you would like more information.