Texas
Related: About this forumIs the state holding your oil and gas royalties?
The state of Texas is holding $3 billion in unclaimed property, including $461.1 million in unclaimed oil and gas royalties money thats reported to the Texas Comptroller of Public Accounts and turned over to the state by companies when they cant find mineral owners.
In addition to the cash from oil and gas production, one in four Texans has long-lost money sitting in abandoned bank accounts, uncashed checks, utility refunds and other forgotten places.
The money sitting around in the states sock drawer from oil and gas royalties alone is enough to buy a six-pack of Shiner Bock, a half-gallon of Bluebell Ice Cream and breakfast tacos for everyone in Texas ($17.73 for all 26 million of us).
And with drilling and oil production booming once again across much of Texas, and with shale drilling technology making it possible to drill in previously unprofitable regions, the amount of unclaimed money is growing.
More at http://fuelfix.com/blog/2013/08/06/is-the-state-holding-your-oil-and-gas-royalties/?cmpid=hpts .
WolverineDG
(22,298 posts)not O&G, but money I didn't know I had
TexasTowelie
(112,123 posts)and you didn't have to search between the couch cushions.
Out of curiosity about how much was there waiting for you to claim it?
WolverineDG
(22,298 posts)Not a lot but better than nothing