Oil Company Leased Residential Property?

[Austin Freeman]

Hello BP,

I am looking at a short sale and have looked through the documents on the auditor's website and found something interesting. One of the documents is a lease from 10 years ago to a statewide oil company. The property is just over 1.5 acres in a fairly suburban area. The current owner is about 97 and cannot remember what the situation was. 

My question is if there is still oil on the land, will it affect any part of the sale?

Thanks,

Austin