Illinois Compiled Statutes
765 ILCS 505/7 (2026)
When the owner of any land shall convey, by deed or lease, any gas, oil, coal or other minerals therein, such conveyance shall be considered as so separating such gas, oil, coal or other minerals from the land that the same shall be taxable separately, and any sale of the land for any tax or assessment shall not include or affect such conveyance of the gas, oil, coal or other minerals
✓ current as of May 2026
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(765 ILCS 505/7)
(from Ch. 96 1/2, par. 157)
Sec. 7.
When the owner of any land shall convey, by deed or lease, any
gas, oil, coal or other minerals therein, such
conveyance shall be considered as so separating
such gas, oil, coal or other minerals from the land that the
same shall be taxable separately, and any
sale of the land for any tax or assessment shall not include or affect such
conveyance of the gas, oil, coal or other minerals.
(Source: P.A. 84-1343.)
Notes of Decisions
Cited in 2
cases, 2001–2001 · leading case: Pawnee Oil & Gas, Inc. v. Cnty. of Wayne, 751 N.E.2d 1268 (Ill. App. Ct. 2001).
Pawnee Oil & Gas, Inc. v. Cnty. of Wayne, 751 N.E.2d 1268 (Ill. App. Ct. 2001). “2d 38, 42 (1955); 765 ILCS 505/7 (West 1998). Oil and gas in place are minerals, but because of their fugacious qualities, they are incapable of an ownership distinct from the soil.”
Pawnee Oil & Gas, Inc. v. Cnty. of Wayne (Ill. App. Ct. 2001). “2d 38, 42 (1955); 765 ILCS 505/7 (West 1998). Oil and gas in place are minerals, but because of their fugacious qualities, they are incapable of an ownership distinct from the soil.”
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