Severance

{
  "id": "MLC-T-OAG-003345",
  "term": "Severance",
  "field": "Oil and gas",
  "definition": "The legal separation of a mineral estate from the surface estate, allowing different parties to own and control the rights to the minerals and the land above them. This division can occur through a deed, reservation, or other legal instrument. Once severed, the mineral estate can be leased, sold, or otherwise transferred independently of the surface.",
  "subject": "Oil and Gas Business",
  "url": "https://mlchart.com/terminology/oil-and-gas/severance/"
}