My g-pa used to lease the oil rights in seven year intervals, a trickle of income that helped him make ends meet (this showed up in the abstract of title). Based on the geology, anyone living over the oil-bearing strata has to agree to drilling, even if the drilling isn’t on their own property.
We received a letter from the local coal company asking us to sell them the mining rights to the underground coal for $1,000 an acre. After I call USGS and learned the coal was 800 feet down, we sold the rights and bought a rental income property which has increased 5 fold in value since the early 1980s. We probably would not have sold it if it would be strip mined.