tag:blogger.com,1999:blog-88084933099264822922024-03-13T01:49:45.013-07:00Mineral Rights InfoInformation for mineral rights owners who have mineral rights and royalty rights (oil rights, gas rights) in various oil and gas plays in the USA, including the various shale plays, such as the Anadarko Basin of Oklahoma (STACK / SCOOP), Permian Basin on Texas and New Mexico (Midland Basin / Delaware Basin), Haynesville shale, Eagle Ford shale, Bakken shale, Marcellus shale, Tuscaloosa Marine shale (TMS), Niobrara shale, Utica Shale, Basins: Powder River, DJ, Uintah, San Juan, Austin ChalkBillhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.comBlogger27125tag:blogger.com,1999:blog-8808493309926482292.post-34401984159176653432018-02-24T05:04:00.000-08:002018-02-24T05:04:53.649-08:00Sell Utah Mineral Rights FASTProduction of oil and gas in Uintah occurs mostly in the Uintah Basin, primarily in Duchesne County and Uintah County. Production is many decades old. The first commercial production was in 1948 and, gradually, exploration built an industry that hit a peak in 1984. From 2003 to 2014, a resurgence of oil and gas production occurred but since, it's fallen off the cliff, falling to where it was in the mid-eighties.<br />
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<b>Sell Utah mineral rights?</b><br />
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Some are fortunate to own mineral rights, and this article is speaking of oil and gas rights, not hard minerals such as sand, gravel or coal. Mineral rights are typically leased to an oil company (oil and/or gas company) because drilling oil and gas wells is hugely expensive. Modern oil/gas wells cost several million dollars apiece just to find out if anything is there down below, and millions more to complete and establish production in commercial quantities.<br />
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If one owns mineral rights or royalties and drilling has occurred, royalty checks starting coming in from the production. The oil company drills and operates the well(s), the royalty owner (mineral rights owner) enjoys a royalty check from time to time, often monthly. This royalty varies between one-eighth to one-quarter of the value of the oil/gas produced. It is likely to come from one of several active companies in Duchesne County or Uintah County, Utah. Companies include:<br />
<ul>
<li>Bill Barrett Corp</li>
<li>Crescent Point</li>
<li>EP Energy (El Paso)</li>
<li>Finley Resources</li>
<li>Kerr McGee</li>
<li>Newfield Production Company</li>
<li>Ultra Resources</li>
</ul>
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The companies listed above are not mineral rights buyers, they are exploration and production companies, commonly called 'operators' in the oil and gas industry.<br />
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A search of production records reveals that all wells drilled since mid-2017 from the operators above have yielded both oil and natural gas. A lot of modern wells produce a pretty balanced mix. Most modern wells in this part of Utah utilize 'horizontal drilling' and 'fracking' to extract oil and gas from various formations deep below ground. Without these two techniques, oil and gas production would be a fraction of what it is today. It is largely a safe practice, having been perfected over several decades involving tens of thousands of very expensive wells!<br />
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So, what should one do, <i>is selling Utah mineral rights a good idea</i>? Each case is different and many factors come into play for someone who owns mineral rightss but suffice to say, cash money in hand, rather than a hope and a prayer, has real world value, today. People sell for many reasons.<br />
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Perhaps they inherited it and really don't understand oil and gas royalties, it's confusing. It could be because they are tired of dealing with the attendant paperwork, or just too much hassle. Often, it's because they want to buy this or that with the cash settlement, the lump sum, rather than wait for royalty checks to dribble in. Or they want to settle up their estate, as they are elderly. As for getting a lump sum check, it's especially appealing if the royalty checks have dwindled. Sometimes, selling royalty rights can bring a nice payday, it depends on the potential for future profit for the buyer. But dwindling royalty checks is a common reason to sell. Such is the plight of oil and gas royalties... over time, they always decline, because oil and gas wells are depleting assets from day one.<br />
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A big reason for to sell Utah mineral rights (or any mineral rights) is because it removes all risk. Oil and gas exploration and production is anything but certain. Plans (for oil companies) change. Things sometimes go wrong. Exploration or production in an area might present unforeseen problems at the time drilling initially occurred. Things happen. So, taking a lump sum payout removes all risk because nothing is more certain than cash money. Believe me, not all purchases turn out well for the buyer. It's a gambler's game. <br />
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If you wish to sell mineral rights in Utah, contact me, and we can get a sale completed really quickly after you provide information about what you own. It's not a difficult process if you're dealing with a professional with a lot of experience, and I have a lot... over forty years at this! I don't know why I keep doing it, I can only say that I like doing it, I like dealing with people and giving them money, lol. I can complete a sale quickly, it is much, much faster than doing a real estate deal. We just have to pass some papers back and forth to transfer ownership and get you your lump sum cash paycheck.<br />
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More information about <i>selling Utah mineral rights</i>, especially Duchesne county mineral rights or Uintah county mineral rights, can be found <a href="http://www.minerals123.com/" target="_blank">here</a>.<br />
<br />Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-67116832705038976942018-02-08T15:53:00.003-08:002018-02-08T15:55:53.876-08:00Selling Mineral Rights In Amite County MississippiMostly through inheritance, many people own mineral rights in Amite County, Mississippi. A lot of people are surprised to learn that they own the mineral rights or "oil rights" when an oil company landman gives the a call to secure an oil and gas lease. Nice surprise!<br />
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Certain tracts of land in that part of Wilkinson County, Amite County and southwest Pike County right along the Louisiana line might be prospective for oil and gas exploration. It is part of an oil 'play' called the Tuscaloosa Marine Shale or "TMS" for short. The TMS is a geologic formation that is known to contain oil but as of yet, has not proven itself to be widely commercial. "Commercial" meaning it makes a profit for the oil company drilling wells in that area.<br />
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The TMS has seen dozens of wells drilled over the past couple of decades. Some production was found and in a few places, it's pretty good, as far as oil wells go. In a lot of places, it's not good. Drilling has identified an area that will produce oil, it's just a matter of can the oil companies do it and make a profit. So far, they have tucked their tails between their legs and ran away!<br />
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But one company from Australia is willing to take another shot at it. The company is called Australis Oil & Gas Limited and they have formed a subsidiary to try the TMS called Australis TMS Inc. The company bought the oil leases owned by Encana Corporation, one of the companies that gave up.<br />
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Another company which has already tried many times in the TMS by drilling deep, expensive wells after securing oil leases from mineral rights owners is Goodrich Oil. They still hold quite a leasehold in the play. Here's to hope that Australis or Goodrich (or somebody!) can figure it out.<br />
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If you own mineral rights in southern Amite County (oil rights) or southeast Wilkinson County along the Louisiana line and don't wish to wait any longer for something great to happen in the TMS, you can also sell mineral rights and enjoy sure-thing cash. In some instances, it does not matter if your tract is leased or not. You may be able to sell either way. There is no way to know if the TMS will work out or not, so, for many, it's a great way to enjoy a big cash payday. Or, you can also sell, say, half of your oil rights and gamble with the other half that the TMS turns out good!<br />
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To find out if <b>selling mineral rights in Amite County</b> or selling mineral rights in Wilkinson County is an option for you, contact me through the form at the Upper Right section of this page or give me a call and I'll be glad to discuss it with you. Phone number is 318-426-0909.<br />
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Good luck to all!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-78272540733258710252017-06-27T12:33:00.000-07:002017-06-29T11:02:41.138-07:00Natural Gas Price Settlement DateNatural gas contracts and pricing are pretty complicated but here is my take on something royalty owners should be aware of regarding how pricing affects them month to month.<br />
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Many mineral owners / royalty owners are paid royalties on natural gas wells, or oil wells that also produce natural gas. And many have the erroneous perception, or assumption, that the wildly fluctuating natural gas futures price is cause for great angst. In large part, I don't think it really works that way. Natural gas futures prices indirectly affect the <i>natural gas settlement price</i> which is posted before the first of each month. What is the settlement price?<br />
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Royalty owners are usually paid based on one price for the entire month, and most natural gas contracts that their oil well or gas well operator is subject to are based on the settlement price which was set for the subject month. I don't know who makes the settlement price... some Grand Wizard Of Natural Gas... but it's posted online on various websites.<br />
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When is the <b>natural gas settlement price</b> posted? <span class="normal comment_text">Answer -- it is posted upon the close of the market on the third business day before the first of the next month. So, for the July 2017 settlement price, for example, it will be posted in the afternoon of Wednesday, June 28, 2017. </span><br />
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<span class="normal comment_text">Once a settlement price is posted, you can quit worrying about the volatility of prices for almost a whole month. All the futures price does is give you heartburn. Although, as mentioned, futures price trends do affect future settlement prices. But if price goes down a lot early in the month, there's a chance it could rise back up before month's end. Usually, the settlement price will be pretty close to the futures price at the end of the month; although, I have seen it be several percent lower, to my chagrin!</span>Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-69241622018802986142017-06-25T14:01:00.002-07:002017-06-25T14:03:19.971-07:00Sell East Texas Mineral RightsDo you own mineral rights (oil and gas rights) in East Texas? We buy minerals all over the USA and to broaden our risk, we are increasing our portfolio of mineral rights and royalty rights there. it doesn't matter to us whether there is an existing oil and gas lease. So, if you wish to <b>sell East Texas mineral rights</b> whether leased to an oil company or not, please contact us.<br />
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For the next year or two, several East Texas counties are in our expansion area:
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<ul>
<li>Angelina County</li>
<li><b>San Augustine County</b></li>
<li>Nacogdoches County</li>
<li>Shelby County</li>
<li>Panola County</li>
<li>Harrison County</li>
</ul>
There are numerous oil companies / gas companies which own wells in this part of Texas. The largest is XTO Energy, a subsidiary of ExxonMobil. Here is a more complete list of some of the operators which have oil or gas wells in the area:
• BP America Production Company
• Cci East Texas Upstream LLC
• Chevron U. S. A. Inc.
• Comstock Oil & Gas, LP
• Covey Park Resources LLC
• Glassell Producing Company, Inc.
• Harleton Oil & Gas Inc.
• Indigo Minerals LLC
• Memorial Production Oper. LLC
• Patara Oil & Gas LLC
• Pedernales Petroleum Op, LLC
• Petroquest Energy, L.L.C.
• R. Lacy Services, LTD.
• Sabine Oil & Gas Corporation
• Samson Lone Star, LLC
• Sheridan Production Company, LLC
• Tanos Exploration II, LLC
• Trivium Operating, LLC
• Valence Operating Company
• XTO Energy Inc.<br />
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We are very active and certainly can serve as your <i>mineral rights buyer in San Augustine county</i> and the other counties. Let us know if you are interested in selling East Texas mineral rights, regardless where they are. We can buy mineral rights if they are not producing any income or those that are also producing royalties from an oil and gas lease.<br />
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You can also check <a href="http://minerals123.com/index.html">this website</a>, as it provides additional information. To recap, you may definitely sell East Texas mineral rights in Angelina County, sell San Augustine County mineral rights or royalty rights (<i>sell oil and gas rights</i>), and also in Nacogdoches County, Panola County, Shelby County and Harrison County, Texas. We can purchase as little as a few acres for those selling mineral rights in San Augustine county and the other counties. Please contact us and let's discuss!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-68070178688611091262016-11-30T19:20:00.001-08:002016-11-30T19:28:29.166-08:00Selling Oklahoma Mineral RightsOklahoma is an oil and gas producing state. There are several regions. The largest is called the Anadarko Basin. Over the past few years, a couple of new areas have been named in central Oklahoma, namely the STACK and the SCOOP. Since the turn of the last century, mineral rights have been bought and sold and now, mineral owners in the STACK and SCOOP are accepting cash offers. If you are interested in <b>selling Oklahoma mineral rights</b> or in <i>selling royalties</i>, we might be able help. We are talking about oil rights and gas rights when we speak of mineral rights and royalties.</br></br>
For the next several months, there are several counties in our focus area:</br></br>
<ul>
<li>Blaine County</li>
<li>Dewey County</li>
<li>Major County</li>
<li>Kingfisher County</li>
<li>Canadian County</li>
<li>Grady County</li>
<li>McClain County</li>
<li>Stephens County</li>
<li>Garvin County</li>
</ul></br>
We might also be interesting serving as your mineral rights buyer for surrounding counties for those listed above. Just check with us if you have any interest in selling Oklahoma mineral rights, regardless of location. We can buy producing properties, meaning you are receiving royalties, and also non-producing properties, meaning you are not drawing off an oil well or gas well. For further information, you can also review <a href="http://mineral-rights.weebly.com/sell-oklahoma-mineral-rights.html">this site</a>, as it has a more extensive listing. Bottom line is that you can definitely sell Oklahoma mineral rights in Blaine County, Dewey County, Major County, Kingfisher County, Canadian County, Grady County, McClain County, Stephens County and Garvin County. Please contact us. Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-29753785527612490982016-09-29T02:12:00.001-07:002016-09-29T02:12:05.646-07:00Royalty Deduction RipoffsRoyalty Deductions, Circa 2016<br><br>
Chesapeake, Samson, Memorial Resources, and other oil and gas operators have taken on some shady accounting methods. Mineral and royalty owners are losing a lot of money! Here's how.<br><br>
Let's say Henry Hub natural gas price is $3.00. Let's assume that your operator's natural gas price is equivalent to the Henry Hub price. It might be higher or lower but we'll use that for simplicity. On your check stub, the oil company might show the gross price as $2.40. Well, guess what. By the stroke of a pen, $.60 just evaporated. And nobody even knows it unless they examine their check stub. $.60 divided by $3.00 is 20%. You just lost 20% right there. And then they have the audacity to make deductions on the stub beyond that. They might charge you for severe compression, dehydration or "transportation" charges. You may end up losing 1/3, 40%, even more by their shady accounting deductions. It didn’t use to be this way! Prior to the "shale revolution," operators might make minor deductions on natural gas checks... a few percent. It's getting worse with these modern-day royalty deductions. With some of this stuff, it is out and out fraud. And now, numerous lawsuits abound, and with good reason.<br><br>
Some mineral owners / royalty owners have a "cost-free" clause in the oil & gas lease. This is a good thing, but still, companies like Chesapeake might just ignore it and make you sue them. Bad company! If you sign a new lease, make sure to get a good oil & gas attorney that practices oil and gas law IN YOUR STATE and have him/her draw up the strongest "cost-free royalty" clause one can devise! And hope they honor it.<br><br>
Now, beyond that rant, realize that the Henry Hub is a broad generalization of what regional gas prices could be. The company might have a contract that is somewhat different. It is not simple, but believe me, CHK and other companies are ripping off mineral owners. In some states, one can join a class action suit, and that can be a good thing. Nobody likes lawsuits but these companies are ripping people off. We are being "pencil-whipped" with these bogus "transportation charges."<br><br>
So far, I haven't noticed such royalty deductions with oil production, it's just for natural gas. Here is to hope that they don't start ripping us off with deductions on our oil checks!
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-19744740222097128852016-09-10T08:21:00.000-07:002016-09-10T08:21:17.329-07:00Sell Mineral Rights In Reeves County TexasReeves County, Texas is in an oil and gas producing region called the Delaware basin, which is the western portion of the Permian basin. It's capital city is Pecos. Oil and gas wells have been drilled there for several decades. Some people who own mineral rights in Reeves County have earned nice royalties from time to time. And selling mineral rights rather than holding on is an option. Each mineral owner's needs are different.<br><br>
Recently, Apache Corporation drilled several wells in Reeves County and has established production of both oil and gas. So, what is the best position for a mineral owner? Should you elect to sell mineral rights you own or hold on for a payday? There is no simple answer. Mineral rights include the rights to oil and gas royalties. Which may or may not occur on your tract. For more on selling royalty rights (sell royalties -- the right to enjoy income from oil and gas production), here is <a href="http://www.whysellmineralrights.net">more info</a>.<br><br>
The oilfield is fraught with risk and field development can take decades. As drilling progresses, production history might not be as rosy as first thought. Or, the price of oil or gas could crash, making rapid development cease. Politics can hamper development. Even competing energy sources, such as solar and wind, are gaining, and fast. Many risks are part of the picture. So, whether selling mineral rights or not is the right decision is a tough call. But the time required to earn significant money can make it an easy decision if one needs cash today. By holding out, there is no way to know if and when your tract will get drilled. It could easily be 20 years or even longer. And if nearby drilling produces poor results, it could condemn your acreage of virtually or even totally worthless. Risks in Reeves County are every real, and include more geological risk than in other areas due to a more complex local geology.<br><br>
For mineral owners who want or need some extra cash for this or that, selling mineral rights in Reeves County, Texas can offer a solution. One can even sell a small portion of what is owned and keep the rest as a gamble that it will some day pay off even bigger. But, it can be a painless solution to raise cash money and it can be done pretty quickly.<br><br>
Selling royalty rights for cash money is also available to those who own what is called a non-producing royalty interest (NPRI). The existence of NPRI rights is not than uncommon in Texas, including Reeves County.<br><br>
By the way, we can also help you with selling mineral rights in counties surrounding Reeves County, Texas -- Culberson County, Jeff Davis County, Pecos County, Ward County, Winkler County and Loving County. Also, Lea County and Eddy County in New Mexico.<br><br>
For those wanting some extra cash from a lump sum cash settlement, contact us if you are interested in discussing <b>selling mineral rights in Reeves County Texas</b>!
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.comtag:blogger.com,1999:blog-8808493309926482292.post-59779920990651706132015-05-20T08:49:00.000-07:002015-05-20T08:50:36.066-07:00Oil Price Risk To Mineral Rights OwnersMany mineral owners take the position that they will hold onto their mineral rights instead of selling them (or part of them) and gamble that they will earn more by holding. And whether they like to admit it or not, it is a gamble. The oil business is fraught with risk and price risk is a huge factor.<BR><BR>
In oil and gas producing regions, I have observed an interesting thing about people and that is that they, invariably, will say "Oh, it'll be back," implying that oil prices will recover sooner than later. Oh, really? What about the collapse of 1986? By my account, it was about 17 years until the oil biz health improved dramatically. And 17 years is a very long time! Many a geologist, many an engineer, many a landman changed careers during that crash!<BR><BR>
Oil fell a whopping 60% during the crash of 2014. What a disaster! Will it come back soon? Or do you find yourself asking "<i>Should I sell mineral rights</i>" now? I don't know! But take a look at this chart below.<BR><BR>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgs3amqStk3VHQ3MZ9w79Xg6XzO47_p7zkJBlmNc0sMb-6AzUu7-LucAz4RIbTMLg5J4I2HxNXDkTC8M4wUMXoIcegs0iPEAx8gWarJrnzubMPdvUjwCQzbRxOswi46F2bPQLOJNtZonB8/s1600/oil+price+charted+against+inverse+usd.JPG" imageanchor="1" style="clear: left; float: left; margin-bottom: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgs3amqStk3VHQ3MZ9w79Xg6XzO47_p7zkJBlmNc0sMb-6AzUu7-LucAz4RIbTMLg5J4I2HxNXDkTC8M4wUMXoIcegs0iPEAx8gWarJrnzubMPdvUjwCQzbRxOswi46F2bPQLOJNtZonB8/s400/oil+price+charted+against+inverse+usd.JPG" /></a></div><BR><BR>
The dark line is crude oil price, the blue line is an INVERSE U.S. Dollar. So, if the dollar strengthen, the line goes down. Notice the amazing correlation (inverse relationship) between crude oil and the dollar. Now, what is the dollar going to do over the next several years. At some point, many people will say that it will crash, that its value is not "real." I know one thing... it's almost impossible to predict! Some are saying that the rally during the spring of 2015 is over, that the dollar will now rise and oil will fall. Your guess is as good as mine regarding what crude oil prices will do long-term. And the relationship to the dollar is just one piece of the huge puzzle that is energy prices!<BR><BR>
What does this inability to predict future prices mean to mineral owners? I get tons of inquiries about whether a mineral owner should sell mineral rights or not. Considering that often-asked question about <i>selling mineral rights</i> or not... it can be a very tough decision, with no easy answer, because we can't predict the future. But one thing is for sure -- cash money TODAY versus what might happen in the future can be a great move. If one needs or wants cash for whatever reason, and selling mineral rights can provide that cash, it can be a simple solution. I've sold before and I'm glad I did. I also have held mineral rights long-term. But, I might sell again. I am no spring chicken and cash money is tremendously appealing. We can't take it with us!<BR><BR>
If you do have any interest in selling mineral rights or selling royalties, contact me. I have helped a LOT of people do that very thing, from small interests that sell for a few thousand dollars to large deals selling for over a million bucks. Good luck!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-54435847874310405432015-03-25T08:01:00.003-07:002015-03-26T05:25:11.833-07:00<H1>What Is Reasonable Term (Length) Of Oil & Gas Lease?</H1>
<p>Mineral owners should be aware of how long some oil/gas companies will tie up your minerals via the terms of their lease. The lease <em>primary term</em> is the length of time the lease is in effect during which drilling operations must commence or one of three things will happen...</p>
<ol>
<li>The Lessee does commence drilling during the primary term and finishes the well. The Lessor would then collect royalties once production begins.</li>
<li>The lease contract might have an option to renew for an additional period, extending the primary term.</li>
<li>The lease will expire.</li>
</ol>
<p>If your Lessee does drill and hits, the lease will be "<em>held by production</em>" -- "<em>HBP</em>." Hopefully, the Lessee will develop the remainder of your drilling unit in timely fashion. Unless you own minerals under a lot of land, you will not have any control over that. If you do own a lot of contiguous minerals (such as a farm or ranch), you might be able to negotiate continuous drilling operations provisions, which can ensure that additional wells are drilled within a certain time frame.<br /><br />
In most parts of the USA where there is active drilling, it is common to have the oil company offer to lease your land for a primary term of five years. Or maybe three years, plus an option for 2-3 years beyond that. So, the effect is a 5-6 year lease. You always prefer it to be as short a term as possible, but in most cases, five years is reasonable.<br /><br />
However, I have seen some leases where the Lessee is offering to lease for five years, plus a 5-year extension option. THIS IS TOO LONG -- DO NOT SIGN! Ten years is just too long to have your properties tied up.<br /><br />
If you ever get into a position to where you wish to sell mineral rights on your properties, an effective 10-year primary term is going to be very large negative. A mineral buyer is not going to like a 10-year term... that's a long time the Lessee can just sit there and do nothing. And if you never wish to sell mineral rights and just wait it out, ten years is a long time! If you sign that lease, the Lessee has the right to wait until over nine years has passed by before they even start planning to drill you a well. So, don't do it. Negotiate for a 5-year primary term only, with no option to extend.</p>
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-640461953441898562015-03-12T06:29:00.000-07:002015-03-26T05:21:36.116-07:00<H1>Sell Royalties In West Virginia (Sell Royalty Rights) / Sell Mineral Rights In West Virginia</H1></br></br>
In West Virginia, like other states in the USA, mineral rights and royalty rights are not owned by the state under a landowner’s land (with a few exceptions); they are owned by the landowner or other individuals. In other countries, normally the sovereign state owns royalty rights, oil rights, gas rights and the right to enjoy mineral rights. Do you own mineral rights or royalty rights in West Virginia? Do you wish to sell mineral rights or sell royalties in West Virginia? We buy mineral rights, so, you can monetize these assets; we will pay a lump sum cash settlement to you. If you have been getting royalty checks from oil wells or gas wells, we can buy them regardless what West Virginia your mineral rights are in. We might choose to buy even if they are not producing royalties at this time. We also buy in other areas of West Virginia and other states but as far as West Virginia goes, we have a focus in the Marcellus shale play and the Utica shale play areas. If you wish to sell Marcellus shale mineral rights or wish to sell Utica shale mineral rights, the following is currently our focus area:</br></br>
- Sell Royalties Ohio County, West Virginia</br>
- Sell Royalty Rights Marshall County, West Virginia </br>
- Sell Hancock County, West Virginia Mineral Rights</br>
- Sell Gas Royalty Brooke County, West Virginia </br>
- Sell Ritchie County, West Virginia Mineral Rights</br>
- Sell Mineral Rights Doddridge County, West Virginia </br>
- Sell Gas Rights Harrison County, West Virginia
- Sell Gas Royalties Wetzel County, West Virginia </br>
- Selling Gas Royalty Rights Tyler County, West Virginia </br></br>
Are you getting oil royalties or gas royalties from Wetzel County, WV? There are several oil companies or gas companies active, such as Statoil USA, EQT Production, Chesapeake Energy, Stone Energy, Trans Energy and Triad Hunter. </br></br>
For those wishing to sell mineral rights in Tyler County, WV, some of the above companies are active and we can add Antero Resources and Consol Gas. We buy royalties from those properties, too. </br></br>
In Harrison County, WV, it’s Antero, Statoil and Consol but also add Enervest, Dominion Transmission, XTO Energy, PDC Mountaineer and Hunt Marcellus to the mix. </br></br>
Active gas companies in Ritchie County, WV, Antero and EQT are the most active but also include Energy Corporation Of America. </br></br>
For Doddridge County, WV, gas companies include Jay-Bee Oil & Gas, Antero and EQT Production. </br></br>
In Marshall County, WV, sell mineral rights for properties operated by CNX Gas Company, Chesapeake Appalachia, Chevron Appalachia, Gastar Exploration, Noble Energy, Trans Energy and Stone Energy. </br></br>
If you wish to sell royalties from producing gas wells in Brooke County, West Virginia, we are interested; the primary operator is Chesapeake. </br></br>
For those looking for who buys mineral rights in Ohio County, WV, we do! The active operator is Chesapeake Appalachia.</br></br>
So, to recap, for those selling West Virginia mineral rights, we will buy properties operated by almost any oil company or gas company but the primary operators are: Chesapeake Appalachia, Statoil USA, EQT Production, Stone Energy, Trans Energy, Triad Hunter, Antero Resources, Consol Gas, Enervest, Dominion Transmission, XTO Energy, PDC Mountaineer, Hunt Marcellus, Energy Corporation Of America, Jay-Bee Oil & Gas, CNX Gas Company, Chevron Appalachia, Gastar Exploration and Noble Energy. </br></br>
There are other West Virginia counties where you can sell gas royalties, so, please contact us. Some parts of this region of West Virginia are in the Marcellus shale play and some have production from the Utica shale play. If you are interested in selling mineral rights or selling royalty rights (NPRI) in other West Virginia counties, please contact us. (If you wish to sell non-participating royalty rights – NPRI – we can buy most of the time.) In general, you can sell Marcellus mineral rights or sell Utica shale mineral rights to us. For those interested in selling Pennsylvania mineral rights (or selling Pennsylvania gas rights), please contact us. Same goes for selling Ohio mineral rights or selling Ohio royalty rights. It's not hard, we will show you <i>how to sell mineral rights</i>.</br></br>
<h2>”Should I sell my mineral rights?”</h2>
Mineral owners sell royalties for many reasons. It could be that they want to buy something or wish to retire. Or maybe their interest is small and they are tired of dealing with the paperwork. Perhaps the well that was drilled is not a good one and there isn’t enough income to make a difference in their life, but a sale would bring a lump sum. All gas wells decline perpetually – they deplete. There is nothing we can do about this! Your royalty check will continue to go down over time. So, don’t depend on it staying up where it was in the early days of production; those are the best months. Also, there is a lot of risk inherent to the oil and gas business. Whatever selling mineral rights or selling royalty rights will bring today… there is no assurance that tomorrow will be the same! Obviously, “<i>should I sell my mineral rights</i>” question does not have a cut and dried answer! </br></br>
Crashing oil/gas prices are no fun. Or the world could see a new technology that takes over a large part of our energy needs. This is a certainty at some point, we just don’t know when. But when this occurs, the value of mineral rights will go down a lot. </br></br>
We are a <i>mineral rights buyer</i>, but why do we buy? We buy lots of deals and make our company work by owning a lot of acreage -- thousands of acres crossing several states. This allows us to spread risk. Believe me, every deal we buy does not make money. Some are losers. We just hope to have more winners than losers over time. And we constantly monitor trends, so, we can only hope that we are able to sell out ourselves someday when the oil and gas era is coming to an end. But, who knows, it might be awhile, we just don’t know.</br></br>
Owning producing mineral rights (you are getting royalty checks), means you can sell. We buy mineral rights anywhere in the USA if it’s in an oil or gas producing region. Ritchie County, Tyler County, Wetzel County, Harrison County and other parts of West Virginia is just where we are focusing for awhile. We have bought and own mineral rights and royalties in Louisiana, Texas, Colorado, Wyoming, North Dakota, Mississippi, Arkansas, Utah, Pennsylvania, New Mexico, Kansas and other states.</br></br>
If you wish to <b>sell mineral rights</b> or sell royalties, contact us. <b>Selling oil rights</b> or <b>selling gas rights</b> is not hard because we do all of the work once you provide your oil and gas lease information. We are not just a <b>mineral buyer</b> in West Virginia and not just a <b>royalty buyer</b> in West Virginia, you can <b>sell royalty rights</b> in many part of the USA.</br></br>
And for a good explanation of how to sell mineral rights, <a href="http://www.paydayminerals.com">visit here</a>.<br /><br />
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Please call the number below and speak with Bill about a lump sum cash settlement. Bill is congenial and experienced, having bought thousands of acres involving many millions of dollars paid to mineral owners:</br></br>
(Ask for Bill)</br>
Payday Minerals, LLC</br>
Ph 318-426-0909</br>
Ph 800-664-7650</br></br>
Or, contact us by using the form below to learn <b>how to sell mineral rights</b>. Give us a good description of what you own in order for to calculate the lump sum cash settlement for your mineral rights or royalty rights (royalties).</br></br>
<a href="http://www.royaltiesforsale.com/contact-us.html">>>> CLICK HERE <<< for contact form</a>.
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-56254019036429500282015-03-11T08:00:00.000-07:002015-03-13T09:06:06.548-07:00Sell Royalties / Selling Mineral Rights In Lincoln Parish, Louisiana<H1>How To Sell Lincoln Parish LA Royalties / Mineral Rights</H1></br>
Are you interested in <b>selling Lincoln Parish mineral rights</b>? Are you wondering <b>who buys mineral rights</b> or <b>who buys royalties</b> in the <i>Terryville field</i> (gas field) or <i>Hico-Knowles field</i>? People have many reasons… they tire of dealing with the paperwork, they want to buy something, perhaps it’s too much trouble, perhaps they need money for some reason and selling mineral rights does not affect their land, etc. Whatever the reason, if you wish to sell royalty rights in Lincoln Parish, we buy there.</br></br>
The Lincoln Parish, Louisiana parish seat (county seat) is Ruston, LA. The parish has quite a bit of natural gas production, and it is primarily from the Cotton Valley formation and Hosston zone. There are many gas fields in Lincoln Parish, including:</br></br>
• Hico-Knowles gas field</br>
• Terryville gas field</br>
• Ruston gas field</br>
• West Simsboro gas field</br>
• Choudrant gas field</br>
• Tremont gas field</br></br>
<b>Who buys mineral rights</b> in Lincoln Parish, Louisiana? Our company will buy royalty rights and also buy mineral rights in Lincoln Parish. If you would like to <b>sell mineral rights</b> or <b>sell royalties</b> located in Lincoln Parish LA, or near the following towns, please contact us:</br></br>
• Ruston, LA</br>
• Simsboro, LA</br>
• Dubach, LA</br>
• Vienna, LA</br></br>
We also might wish to buy mineral rights or buy royalty rights in another parish, even if not shown.</br></br>
Active oil and gas companies in Lincoln Parish include Wildhorse Resources / Memorial Production Partners, Questar (QEP Energy), Nadel & Gussman, XTO Energy, Rabalais Oil and others.</br></br>
Geological features in Lincoln Parish include the North Louisiana Salt Basin and some anticline structures. There are several productive zones and gas fields but, the Cotton Valley sand is the most widespread zone. The Hosston sand is also found productive in many areas.</br></br>
Please contact us if you are <i>selling mineral rights</i> from this area; you can also <i>sell gas royalties</i>, too.</br></br>
Selling mineral rights in Lincoln Parish, LA is not hard! All you really have to do is provide us with basic info about your mineral rights or gas royalties and we do the rest!</br></br>
Contact Info:</br></br>
We pay a lump sum for mineral rights and royalties and pay all closing costs. Please call the number below and speak with Bill, an easy-to-work-with expert who has over 35 years experience and has bought thousands of acres and has paid out many millions of dollars to selling mineral owners:</br></br>
Ph 318-426-0909</br>
Ph 800-664-7650</br>
(Ask for Bill)</br></br>
You may also fill out the form below if you wish to sell gas rights in Lincoln Parish. If you do so, please describe the mineral rights or royalty rights that you have so that we can properly determine your lump sum payment.</br></br>
<a href="http://www.royaltiesforsale.com/contact-us.html">>>> CLICK HERE <<< for contact form</a>.
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-88670034296483246392015-01-12T08:00:00.001-08:002015-03-13T10:59:04.094-07:00Sell Royalty / Royalties or Sell Mineral Rights, East Texas<b>Sell Royalty Rights In East Texas (Sell Royalties) / Sell Mineral Rights In East Texas</b></br></br>
Mineral rights and royalty rights can be owned by individuals in East Texas (and all parts of the USA), making our country a unique place in the world. In other countries, the sovereign state owns mineral rights and the right to enjoy oil royalties or gas royalties. And if you own mineral rights or royalty rights in East Texas, we can monetize these rights for you and pay you a lump sum cash settlement. We might choose to buy these mineral rights even if they are not producing royalties at this time but if you are receiving royalty checks from oil wells or gas wells, we can buy them regardless of which Texas county they are in. We buy in many areas of Texas and other states but in Texas, we have a focus area of the following at this time:</br></br>
- Sell Royalties Harrison County, Texas</br>
- Sell Royalty Rights Panola County, Texas</br>
- Sell Shelby County, Texas Mineral Rights</br>
- Sell Mineral Rights San Augustine County, Texas</br>
- Sell Gas Royalty Nacogdoches County, Texas</br>
- Sell Gas Royalties Angelina County, Texas</br>
- Selling Gas Royalty Rights Rusk County, Texas</br></br>
If you are receiving oil royalties or gas royalties, there are various oil companies that might pay you, such as Devon, Encana, XTO, Goodrich, BP, Chevron, Exco, EOG, Cabot, Faulconer, Anadarko, Chesapeake, BHP Petrohawk, Noble, Shell SWEPI, Crimson, Halcon, Comstock, Sabine, and others. They have various levels of drilling and not all in the same county. For instance, XTO drills in Shelby County, San Augustine County and Nacogdoches County but not much in others. Sabine mainly has wells in Harrison County, Panola County and Rusk County. Encana was formerly active in <b>San Augustine County</b> and <b>Nacogdoches County</b> but has curtailed drilling at this time to focus on other parts of Texas and other parts of the USA.</br></br>
There are other Texas counties where we have interest, so, check with us, we might be interested. Some parts of the East Texas basin lie in the Haynesville shale and Bossier shale field. Other parts have some production from the Cotton Valley, Hosston / Travis Peak and Pettet formations. The Eagle Ford shale of south Texas has not been found productive in East Texas but we are interested in that area, as well, such as mineral rights or royalty rights (NPRI) in Fayette County, Lavaca County, Gonzales County, Dewitt County, Karnes County, Wilson County, Atascosa County, Live Oak County, McMullen County, La Salle County, Dimmit County, Frio County, Webb County and McMullen County. Likewise, we buy mineral rights and royalties in the Permian Basin of West Texas. Another area is in the Barnett shale region around Fort Worth, such as Wise County, Tarrant County, Johnson County, Parker County, Montague County, Dallas County, Denton County, etc. So, one can sell royalties in San Augustine County or sell gas royalty rights in Nacogdoches County or sell mineral rights in <b>Shelby County</b> (sell oil rights / sell gas rights) but also you can see that we buy in many others areas.</br></br>
<b>Why sell mineral rights?</b> Some wells drilled in the above described areas have been poor and might be unlikely for further development by the oil companies. Or maybe a decent/good well was drilled but has since largely depleted. Some mineral owners prefer to sell their mineral rights (or part of them) to enjoy a cash infusion. Everyone has different needs but one thing is for sure -- the oil and gas business is fickle, so, sure-thing cash money is appealing. In addition to the well-to-well risks from location to location, there are large factors providing risk to a mineral owner, such as crashing oil/gas prices or a new technological invention that might take over a large part of our energy needs. This will happen some day, it's just a matter of when. But when it does, oil and gas prices will crash and likely never recover to previous levels. When this happens, the value of mineral rights will fall dramatically, as well. We make our operation work by owning thousands of acres across several states. And we are constantly on top of trends, so, we hope to sell out ourselves someday before the oil and gas era ends.</br></br>
If you own producing mineral rights such that you get royalty checks, you can sell mineral rights for lands in Texas but also anywhere else in the USA. As for why we buy, again, we and partners own a portfolio of thousands of acres of mineral rights and royalty rights across the USA and we constantly add to this portfolio buy paying lump sum cash settlements to mineral owners so that we can spread risk. So, at this time, we need to add more East Texas mineral rights and royalty rights/NPRI. (You can sell <b>NPRI</b> -- non-participating royalty rights.) It's all about our spreading risk because, believe me, not every deal we buy makes us a profit. It's a risky business but we make it work by buying large numbers of deals. Shelby County, San Augustine County, Nacogdoches County, Angelina County and other parts of East Texas is just where we have a focus for awhile. We have bought and own mineral rights and royalties in Colorado, Wyoming, Utah, North Dakota, Mississippi, Arkansas, Pennsylvania, Ohio, West Virginia and other states.</br></br>
Please call the number below if you wish to <b>sell mineral rights</b> or sell royalties. <b>Selling gas rights</b> or <b>selling oil rights</b> is easy because we do all of the work once your provide your oil and gas lease info. And remember... we are not just a <b>mineral buyer</b> in San Augustine County or a <b>royalty buyer</b> in Shelby County, you can <b>sell royalty rights</b> in many Texas counties.</br></br>
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There is a Contact Form to the right of this page that you can fill out with your info. Or, send a detailed message via email; see my email below. Please describe what you own and the location. Just give me a little writeup about what royalty rights or mineral rights you own. Be sure to include your name, phone number and email address.</br></br>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitgcVWJk1fJJqZb6dwzOtGlmANXaILB-6-Yuxr9ZEXtMcZulabZ5vrqCOT8OzwckIuVfC168urssi2P2d6UKLENuF1o8fO2wQrQtt9AR7X1g7wYn9jLJCwkcy-s9DA6nPm2Wr4eUnhlDM/s1600/MOP+email.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEitgcVWJk1fJJqZb6dwzOtGlmANXaILB-6-Yuxr9ZEXtMcZulabZ5vrqCOT8OzwckIuVfC168urssi2P2d6UKLENuF1o8fO2wQrQtt9AR7X1g7wYn9jLJCwkcy-s9DA6nPm2Wr4eUnhlDM/s320/MOP+email.png" /></a></div> Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-25960360393808253732014-03-20T04:45:00.000-07:002014-03-20T04:46:27.937-07:00What Is The 'Going Rate" To Lease Or Sell Mineral Rights?<p>Regarding leasing mineral rights for an oil and gas lease or selling mineral rights, it is human nature to ask '<b>What is the going rate</b> in my area?' And the answer is 'whatever you can get.' Not trying to be flippant but relying on a 'going rate' can cost you a fortune. Only luck and fate are really in control. Just because somebody near you got a certain amount per acre doesn't mean you will. There are many factors that come into play. It might even be that you can't get an offer for your mineral rights. Again, each tract has its own certain set of circumstances. I have seen people get an offer, a good offer, and hold out because somebody nearby got more and end up getting nothing because the offer disappeared. The oil business is very fickle, be careful of falling into this trap. And in certain states, such as Texas and others, the mineral owner can effectively get 'cut out' of enjoying royalties for a long time and sometimes forever. It's impossible to cover all situations one might run across. Sometimes, a mineral owner lucks out by holding out for more; just remember than any offer must be carefully considered because it might be the last. There is no rule or law governing what one might get for an oil and gas lease or to sell mineral rights. It's just a free market, so, we are back to the answer being 'whatever you can get!' And, in fact, unlike real estate, prices paid for an oil and gas lease or an amount paid to sell mineral rights is not public information. In certain states, the amount paid for state leases is tracked but that does not mean one can get that same amount for his tract. I wish it were more definitive, but it's not!</p>
<p>In areas with a lot of competition for an oil and gas lease from different oil companies, a rate range is sometimes discernible but it varies widely! Nothing is certain in oil and gas. Also, the smaller the tract, the less leverage one has. It's a huge challenge and impossible to 'know' what is best to do. But try not to fall into the trap of relying on any '<i>going rate</i>.' As for selling mineral rights, same thing applies, each tract is different and a buyer is going to analyze it with many factors in mind to assess the mineral rights value. With all of this in mind, it's best to consult an expert, someone with many years of experience, regarding value. Good luck!</p>
<p>P.S. Lastly, a 'signing bonus,' a 'lease bonus,' is only one factor to consider. There are other important parts to an oil and gas lease other than the amount paid to sign. If you are not experienced in oil and gas matters, hire a pro!</p>Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-78245112217571929012014-03-07T06:21:00.000-08:002014-08-23T14:51:56.688-07:00Selling Mineral Rights In Mississippi<p>Sometimes one has cash needs for various things in life. An option for landowners and mineral owners (some people only own mineral rights and no surface rights) is <i>selling mineral rights</i>. Mineral rights owners have the right to receive <i>oil royalties</i> and <i>gas royalties</i> from oil wells and/or gas wells drilled on their land or a drilling unit which is pooled with their land. This right has a cash value. It is a <b>lump sum cash settlement</b> for potential future royalties and may be a minor amount or a large amount if in an area with high potential for oil and gas production.</p>
<p>We buy mineral rights to add to our significant mineral portfolio in the United States. Over time, we have made this 'work,' meaning we're not 'in the red' overall because we buy a lot of properties to spread risk. Not every deal turns out good for us. And those lucky mineral owners came out smelling like a rose! It's a crapshoot. Even in large fields where a lot of wells are productive, often, the well does not produce as much as anticipated and we lose money on the purchase. On others, we do well. It works for us due to owning thousands of acres across many states. No particular deal will break us. So, the reverse of that is a mineral owner having one tract... that is having all your eggs in one basket. Some people choose to sell to take the sure thing -- cash. It's also possible, depending on size of the tract, for us to buy a portion of what one owns. You can sell and take the cash for the part you sell and gamble on the rest that it turns out good down the way.</p>
<p><b>SELL MISSISSIPPI MINERAL RIGHTS</b></p>
<p>We might be interested in buying your mineral rights in any part of Mississippi. If they are producing, meaning you are receiving oil royalties or gas royalties, you can <i>sell oil royalties</i> and we can definitely buy them. If non-producing, give us a call, as well, we might be interested. At this time, we are primarily interested in areas which have some potential for the Tuscaloosa Marine Shale. Several oil companies are interested in the area and have acquired oil and gas leases and have drilled some wells -- Encana, Goodrich, Halcon, Sanchez, EOG, etc. This potential fairway lies in southwest Mississippi counties and we are primarily interested in <b>Wilkinson County</b>, <b>Amite County</b> and <b>Pike County</b>. Possibly a bit of southern <b>Walthall County</b>. Our focus at this time is for those who wish to <b>sell Amite County MS mineral rights</b> and those who wish to <b>sell Wilkinson County, MS mineral rights</b>. If you are interested in <i>selling mineral rights in Mississipp</i>i, please give me a call, I'll be happy to work with you on it.</p>
<p>Another site with much information is this <a href="http://www.paydayminerals.com">mineral buyer</a> site and also this site about mineral rights and <a href="http://www.royaltiesforsale.com">selling oil rights / selling gas rights</a>.</p>
<div class="separator" style="clear: both; text-align: center;"><a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-oXOg4xVA_PrIWyDfHZs_XZ2ZHG9eNY8N9FCm2ql4q46JHw2-WxNi5uTrsC6yooajpcc5l_TlzyOoLNO7t4dAO-Gb_xkSIPc37PvlL8yyAuLYZvy2t7nj6gzuM1LPscCZQt60csCGgVg/s1600/contact-info-to-sell-mineral-rights3.png" imageanchor="1" style="margin-left: 1em; margin-right: 1em;"><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-oXOg4xVA_PrIWyDfHZs_XZ2ZHG9eNY8N9FCm2ql4q46JHw2-WxNi5uTrsC6yooajpcc5l_TlzyOoLNO7t4dAO-Gb_xkSIPc37PvlL8yyAuLYZvy2t7nj6gzuM1LPscCZQt60csCGgVg/s320/contact-info-to-sell-mineral-rights3.png" /></a></div>Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-19287537811650012014-02-22T08:31:00.002-08:002014-02-22T08:33:41.159-08:00Oil Company Cheating Me Out Of Money!<p>This is amazing and a caution for those who own mineral rights. Not once, but THREE times last week, I discovered that an oil company operator is either not paying me right or not paying me at all! I have many properties all over the USA which I have accumulated over a long period of time. Here are the stories.</p>
<p>Story 1 -- A lady called me and wanted to buy her mineral rights in Colorado. We came to an agreement and I bought her out. I sent the paperwork to the operator (a very large global company), and they began paying me. No problems. Then, months later, the brother decided he wanted to sell. We made a deal, I bought him out and sent the operator the papers. But this time, it had changed hands and was owned by a small operator. After about three months, it dawned on me that I was not receiving royalties for the brother's part. I notified them and found out that they had been continuing to send the royalties to the brother! He didn't tell me and they didn't either. If I had not caught it, they would STILL be sending him the checks. I showed them copies of my letter from months ago. Oops, she said, okay, we'll start paying you. I said, Fine, but you have to pay me my back royalties, too, you made the mistake! She said, Well, we can't pay you for what somebody else has already received. I said Au Contrare! Yes, you can and yes, you will, that's MY money! Just because your company goofed up is not my concern! So, now we have a battle going on. I'll get the money.</p>
<p>Story 2 -- Similar situation. Somebody in Texas wanted me to buy them out. I did so, sent the papers to the operator. That was months ago. This past week, another member of the seller's family notified me that he had received his first check. I told him I had not even received a division order! So, I notified the company, another huge company. Oops, the landman said, I guess we made a mistake and missed that deed. So, they had sent a division order and check to the previous owner!</p>
<p>Story 3 -- About five years ago, I bought an interest in Louisiana. About three years ago, they drilled the tract and I have been receiving royalties ever since. Now, the operator notifies me that they had missed a deed where I sold part of my interest. (I sent them copies way back when.) So, all of this time, they have been overpaying me. Reason I didn't catch it is because the title on that deal is a can of worms, it's complicated. But it's simple for them to simply transfer a portion of whatever I owned to the man I sold part of my interest to. But, they missed it. I own a lot of properties, it's hard to keep up with all of this! But, I do try to monitor things. Bottom line is they are going to have to deduct years of royalties from my account because I want them to pay my grantee what he is owed and make him whole. Good news is they agreed to do so.</p>
<p>So, lesson learned is that one has to be careful! As for me, just more proof that managing producing minerals is a never-ending battle to be paid correctly!</p>Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-24087855728090212742013-07-06T11:54:00.002-07:002015-03-12T05:40:15.094-07:00I Won't Sell, I Will Just Keep Leasing ItI just got a phone call from a man who is in need of raising significant money quickly and wanted to know "Who buys mineral rights?" It was in a shale play. And I said I'd buy them. At the right price. After a lengthy discussion, I found out his mineral rights are mortgaged (along with his land). I asked him how much the balance is. He told me and said "And that's why I want to sell my mineral rights, pay off the loan and use the rest to do some other things."<BR /><BR />
Based on his balance owed, how many acres he had, the location within the shale play, the royalty percentage in the oil & gas lease and some other factors, I was immediately taken aback. After having spent considerable time with him during the "interview," I was aghast that he thought his mineral rights would bring that much money. I knew they wouldn't. Not even close! So, I clarified that he was, indeed, hoping to get that much money, and then said "I sure wish I could help you out here but we're going to be much too far apart. They are not worth near that amount of money. The market won't pay near that much." And then I explained that the market is the barometer. Minerals are worth what the market says they are worth, in general. Sometimes, you can't even find a buyer, but when you can, a sale will never be for several times what the market is for like minerals. Unless the buyer is a buffoon!<BR /><BR />
The man agreed with all of that and I could tell he was disappointed. But, that was pretty much the end of it, I couldn't help him.<BR /><BR />
He then said that he'd just keep signing an oil & gas lease on them every five years and enjoy the lease bonus. I knew that he had suffered medical problems and needed money, so, I politely told him not to count on more lease bonus money, it might not come around again. I told him he could just sit and hope that the current Lessee drills and hits. But to realize that there is risk. I then pointed him to this site -- <a href="http://www.whysellmineralrights.com">http://www.whysellmineralrights.com</a> -- it has a pretty comprehensive discussion of the risks involved and factors to consider, whether to sell mineral rights or not. We then ended the conversation amicably and I wished him well.<BR /><BR />
I suppose the moral of this story is that those thinking of selling mineral rights need to understand market value, and to never count on lease bonus money coming around on a regular basis. Because more than likely, it won't. Good luck, mineral owners!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-22123658925373260092013-06-16T13:40:00.000-07:002014-02-22T08:45:26.766-08:00Oil & Gas Royalty Rights (Royalties)In the United States and in some parts of Canada, those who own mineral rights usually own the <b><i>royalty rights</i></b> to their proportionate share to the oil and gas production revenue from oil and gas wells. The owner of the executive right is the one who has the right to explore for oil and gas on the property or lease it to an oil company. In return, he will enjoy a royalty, a share of the production. The <b><i>royalties</i> </b>are usually a minimum of one-eighth (1/8th) of the well's production, multiplied by his share of acreage within the production unit.<BR /><BR />
For as long as there has been oil and gas production in the USA and Canada, royalties have been bought and sold. One can readily sell royalties in any oil and gas producing region, it's just a matter of finding a willing and reputable buyer. The <b><i>oil rights</i></b> or <b><i>gas rights</i></b> value varies widely. If you wish to sell oil rights or sell gas rights, bear in mind that if the royalties are paying from a well that is a good producer, obviously, the royalties will be worth more than those from a poor producer. The value is calculated from the projected income stream from future production. The value is also dependent on whether or not the income is declining.<BR /><BR />
There are many reasons why owners choose to sell oil or gas royalties. Perhaps they wish to buy something or provide for children's education. Maybe the owner just wishes to enjoy life more or to enjoy retirement more with sure-thing cash settlement. If one keeps the royalties, it may take many years to achieve the same amount of cash income that a sale of royalties will produce. And, some owners sell because the <i><b>royalty interest</b></i> is small and the paperwork is burdensome. It just might not be worth the hassle of keeping it. A lot of owners find it complicated and just wish to simplify their life and leave it up to a buyer to monitor the production and revenue. Increasingly, older generations who own royalty rights are dying off and children and grandchildren inherit the royalties; the royalty interests are diluted by the number of heirs and many would just rather sell something they know nothing about.<BR /><BR />
The oil and gas business is daunting, complicated to the royalty owner, but <b><i>selling royalty rights</i></b> is not difficult with an experienced <b><i>royalty buyer</i></b>. A <b><i>sale of royalty rights</i></b> can be accomplished fairly quickly but it can't happen in a day or two. It does take a little bit of time but a good royalty buyer makes the process easy, as he will do most all of the work, making sure that the royalty interest is transferred properly with the county and also the oil and gas company which operates the oil or gas well. Whether you wish to <b><i>sell oil rights</i></b> or <b><i>sell gas rights</i></b>, you can enjoy a lump sum settlement payment for your royalties.<BR /><BR />
For more information about <b><i>selling oil and gas rights</i></b>, read <a href="http://www.royaltiesforsale.com">this site about selling royalties</a> or contact this blogger.
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-57889879649031411052013-06-07T05:07:00.000-07:002014-02-22T08:39:16.824-08:00What Is A Non-Participating Royalty Interest (NPRI)?The oil and gas business is certainly a challenge! It's a very complex business. For mineral owners, it's quite daunting to understand mineral rights, especially, since many mineral rights owners inherited their rights and really do not know what they have. Daddy or Grandpa might have bought something 50 years ago, then passed and didn't really keep ideal records. This is quite common! So, say you found some papers and you know it has something to do with mineral rights. What, exactly, do you have?<BR /><BR />
Do you find a reference to a <i><b>non-participating royalty interest</b></i>? For short, it may be called <i><b>NPRI</b></i>. A non-participating royalty interest is the right to receive oil royalties or gas royalties, pure and simple. It does not include some rights that a <i>mineral rights</i> owner enjoys. Such as, the right to explore for oil and gas. (This is moot unless you are Bill Gates, as oil and gas wells cost a small fortune to drill.) More apropos, a mineral rights owner has the right to <i>lease </i>the lands to an oil and gas company (grant an oil & gas lease) and let the oil company (who has big bucks) drill and explore. And, if a mineral rights owner did, in fact, own the royalty rights, the oil or gas company will pay him royalty if a well hits. Lastly, a mineral owner enjoys the rights to a lease bonus (lease signing bonus) and annual rentals (rentals are uncommon these days). So, a non-participating royalty interest is just basically the right to receive oil checks or gas checks (royalties). Almost all sales of mineral rights these days are just that but in decades past, sometimes an NPRI was carved out of the mineral rights.<BR /><BR />
Perhaps you have discovered that you inherited an NPRI. Maybe some day you will be contacted by an oil company saying that they have drilled a well and they wish for you to ratify an oil & gas lease that the mineral rights owner has signed. The document is called just that -- <i>ratification</i>. This is quite common. Once you ratify and are put in "pay" status, you can then enjoy royalty checks when oil/gas production occurs. Hopefully, the oil or gas company will hit something good and you'll get regular checks. If for any reason you wish to sell these rights, it is possible to do so. Here is <a href="http://mineral-rights.weebly.com/non-participating-royalty-interest-npri.html">more info</a> about the non-participating royalty interest (NPRI), or just contact me for help.<BR /><BR />
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7QLk1ty5ySJngaCI5h-vRe2sgkzSVUHvnIRBBTivyNz3JKMeGhS2SQ6BxrdzZcICgSV-G6DyP3XZYuJwsx9oReODnpV6KGMTo31JunfXAtq73eM3oolxPOp5VvP2GjFnsW8XLY2A42-I/s1600/bill+with+phone.png" imageanchor="1" ><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEi7QLk1ty5ySJngaCI5h-vRe2sgkzSVUHvnIRBBTivyNz3JKMeGhS2SQ6BxrdzZcICgSV-G6DyP3XZYuJwsx9oReODnpV6KGMTo31JunfXAtq73eM3oolxPOp5VvP2GjFnsW8XLY2A42-I/s320/bill+with+phone.png" /></a><BR />
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Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-27350759791941733152013-06-06T06:28:00.000-07:002014-02-22T08:46:09.689-08:00Oil & Gas Operators Deducting Too Many FeesOil and gas exploration entered a new era in 2008 with the announcement of the discovery of the Haynesville shale play in Louisiana (and later Texas). The Barnett shale, Fayetteville shale and other shale plays had seen some development before that but the Haynesville broke it wide open.<BR /><BR />
This post is about deductions from royalty checks to the mineral owners. Prior to 2008, in my opinion, all was pretty much well. Operators did not make many deductions to oil and gas royalty checks. We are primarily talking about deductions pertinent to natural gas, not crude oil or condensate. The problem for royalty owners has surfaced in the past few years. The two worst companies operating in the Haynesville shale which I have seen are Chesapeake and Samson. Wow, they are socking it to the royalty owners. Instead of a few percent, I've seen it as high as 33%. Say your check's gross amount due you is $1,000; they deduct up to $330 for fees. And often, exactly what these fees are is impossible to determine. This isn't right. Some operators don't even show deductions at all, they just pay the royalty owner a lower price for each unit of natural gas. Something should be done about this. And, in fact, something is being done about it in some cases, as numerous lawsuits have occurred. What a shame. The governing authorities should step in here and protect royalty owners. But, who knows if that will ever happen. And, in some states, a class action lawsuit, where a lot of mineral/royalty owners could band together in a class action, it just isn't possible due to the way the laws are in that state. I hope things will improve.<Br /><BR />
I have had people contact me wishing to sell their mineral and royalty rights because it's just not worth dealing with it due to excessive deductions and fees reducing their royalty check amount. These regular oil and gas checks sure come in handy for people but you sure hate to be "taken." I understand their thinking and regret that operators put people in this position. And as I said, this only started happening in the past few years. For anyone thinking along these lines (about selling royalties), here is more info: <a href="http://whysellmineralrights.com">selling mineral rights</a>.Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-36118611460857391432013-05-31T08:25:00.000-07:002014-02-22T08:44:02.040-08:00How much will my royalty check decline? (Oil royalty / gas royalty)Mineral rights owners usually own the right to the royalty right -- royalties. There is a provision in an oil and gas lease for this. It's commonly a minimum of one-eighth of the well's production, multiplied times their share in the production unit. (In modern wells, they are usually pooled with neighboring parcels into a production unit. Average production unit size is 640 acres, but it can be larger, say 960 acres or 1,280 acres.<BR /><BR />
Let's take a hypothetical royalty owner who has sufficient acreage in a production unit such that when the well first comes in, it is paying him $1,000 per month. Nice! How long will it stay at $1,000/month? Impossible to say, it might be one month, three or four months, or more. Usually a month or two. (This also depends on how the operator is producing the well. They might keep the well production up for a few months using different choke sizes at the wellhead. Anyway, at some point, it will start to decline. In today's resource plays and shale plays such as the Bakken, Barnett, Haynesville, Eagle Ford, Tuscaloosa Marine Shale, Marceullus, Utica, Niobrara, Cline, etc., like the tight sands drilling of the past couple of decades, these reservoir rocks are very tight (dense) and they must be fracked to get the oil or gas out. The word "frack" is short for "hydraulic fracture" and this (along with horizontal drilling) is what makes modern oil and gas exploration tick. And since these shales or tight sands are not very permeable, the nature of the beast is that production drops off much more rapidly than in a conventional (say, permeable sandstone, limestone or dolomite) reservoir.<BR /><BR />
How fast? Generally these modern wells will drop 50-85% during the first year. Then, say, 35-50% the second year. It will flatten out some after that but it will always be decreasing over time. Bottom line is that 2-3 years later, one's royalty check is usually only about 5 to 10% of what it was in the beginning. So, plan accordingly and do not get used to the big checks for any oil or gas well, because they will NOT last! Enjoy it while you got it!<BR /><BR />
Here is a production chart from a well I looked at recently that is actually pretty good. Two years later, it's producing 20% of it's initial rate. That's good for these type wells! This is a Haynesville shale well.<BR /><BR />
WELL #1
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBP3SNwz7LlmI0wubCT4vl7VKoh4r0Ek6456nd9Bdo2P69y2RPZePRo5lQ89mdkM9ABXdHPQwtNpMx9_Fq3FnYA1NnhM14mruVhcyhJy-5jkeuOgkxPsNpNHbdZpsOqvADhIKDqXOVwmA/s1600/haynesville-production-decline-steady.PNG" imageanchor="1" ><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhBP3SNwz7LlmI0wubCT4vl7VKoh4r0Ek6456nd9Bdo2P69y2RPZePRo5lQ89mdkM9ABXdHPQwtNpMx9_Fq3FnYA1NnhM14mruVhcyhJy-5jkeuOgkxPsNpNHbdZpsOqvADhIKDqXOVwmA/s320/haynesville-production-decline-steady.PNG" /></a><BR /><BR />
This next Haynesville shale well exhibits a more normal production decline shape where it declines rapidly in year 1 and flattens out. Two years later, it is only producing a small fraction of its initial production rate.<BR /><BR />
WELL #2
<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCoGGW62Pwx8wCJvLleKKKdnJA9sd5O3DJACvYoExuOP5sUwxIIhqk11pHYYWsJUVs5OLkeIy914EcexxX-cDPIAIS5C5fXONt_aq1u6114UbdqQB22-gb2g12tjcx4t1Gy8Ua9HEEvfw/s1600/haynesville-production-decline-common.PNG" imageanchor="1" ><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEjCoGGW62Pwx8wCJvLleKKKdnJA9sd5O3DJACvYoExuOP5sUwxIIhqk11pHYYWsJUVs5OLkeIy914EcexxX-cDPIAIS5C5fXONt_aq1u6114UbdqQB22-gb2g12tjcx4t1Gy8Ua9HEEvfw/s320/haynesville-production-decline-common.PNG" /></a><BR /><BR />
We don't know how long these wells will produce because these new resource plays are pretty new. Operators say they'll produce for decades and I hope that's true but operators love to toot their horns because they are trying to please stockholders. We just don't know. I do know that I have looked at quite a few wells that dropped off like a rock and they will not last but a few years. There is no way they can continue much longer, as they are barely scraping a profit right now, and still declining. I am hoping that in the "sweet spots," where production is good, the wells will behave as operators predict and last for a long time once they start their flattened decline rate. Time will tell! Welcome to the oil patch, risk is everywhere! Including risks such as the reservoir rock fractures closing once the reservoir pressure is reduced to a certain point. If the fractures close, gas entry to the wellbore could largely shut down and it would be over. (They'd have to plug and abandon the well.) Scary! (Scary because we don't know!)<BR /><BR />
But, we also have the benefit of being in an amazing technological revolution, so, who knows what they will come up with twenty years from now!<BR /><BR />
As for one's particular royalty check income stream, if the income is sufficient, one can just hold what they got. But, if one ever gets to the point that he doesn't want to deal with the paperwork or deal with small checks and would just rather cash out and get a lump sum, or perhaps he needs money for whatever reason, an option is sell for a lump sum cash settlement. For info, here is a <a href="http://oilandgasroyalty.weebly.com">website for selling royalty rights</a>.<BR /><BR />
Good luck, I hope they hit a gusher on your place and you get rich as Jed Clampett!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-83531848495466592532013-05-25T13:15:00.001-07:002014-02-22T08:42:33.944-08:00Sell Royalty Or Sell Mineral Rights In Mississippi Some mineral rights owners elect to sell their mineral rights or royalties and get a lump sum cash settlement. One can sell all or part of their minerals. For those interested in selling mineral rights in the <b>Mississippi</b> counties of Wilkinson County, Amite County or Pike County, and even minerals or royalties in West Feliciana Parish, East Feliciana Parish, St. Helena Parish or Tangipahoa Parish, Louisiana, see more info at <a href="http://www.mineral-rights.weebly.com">this site</a>. This area is part of the Tuscaloosa Marine Shale (TMS) oil and gas play. Some of the wells drilled have been poor, a couple show signs of being commercial, but it's too early to tell if this area will "dollar up" well for the oil companies. So, some owners choose to sell to pass along the risk and enjoy the cash. Only the owner can make the decision as to what is right for them at this time in their life. But, sure-thing cash money certainly has real value, the oil and gas business (and exploration) is fickle, indeed.<BR /><BR />
AREA OF INTEREST IN MISSISSIPPI: At this time, the focus area for a mineral rights sale is for lands in <b>Wilkinson County</b>, <b>Amite County</b> and <b>Pike County</b>, Mississippi. If you own minerals within a few miles of the Louisiana/Mississippi line, you may fall within the area. In Wilkinson County, near the towns of <b>Pinckneyville</b>, <b>Donegal</b>, <b>Ashwood</b>, <b>Newtonia</b> and <b>Whitaker</b>, Mississippi. In Amite County, near the towns of <b>Capell</b>, <b>Olio</b> or <b>Gillsburg</b>, Mississippi. In Pike County, near the town of <b>Osyka</b>, Mississippi. The area is not heavily populated, so, suffice say, within a handful of miles of the Louisiana border.
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If you have producing mineral rights, meaning you are receiving TMS or other royalty checks, you can sell mineral rights for lands in Mississippi but also anywhere else in the USA. Visit the site mentioned above or go to <a href="http://paydayminerals.com">Payday Minerals</a>.
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If you have land and minerals for sale in South Mississippi near the above areas, we might be interested. (Land and minerals near the Louisiana line in Wilkinson County, Amite County and Pike County.)
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Visit the above site links or just call the number below.
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<a href="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-oXOg4xVA_PrIWyDfHZs_XZ2ZHG9eNY8N9FCm2ql4q46JHw2-WxNi5uTrsC6yooajpcc5l_TlzyOoLNO7t4dAO-Gb_xkSIPc37PvlL8yyAuLYZvy2t7nj6gzuM1LPscCZQt60csCGgVg/s1600/contact-info-to-sell-mineral-rights3.png" imageanchor="1" ><img border="0" src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEj-oXOg4xVA_PrIWyDfHZs_XZ2ZHG9eNY8N9FCm2ql4q46JHw2-WxNi5uTrsC6yooajpcc5l_TlzyOoLNO7t4dAO-Gb_xkSIPc37PvlL8yyAuLYZvy2t7nj6gzuM1LPscCZQt60csCGgVg/s320/contact-info-to-sell-mineral-rights3.png" /></a>
Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-31229579447410661832012-10-13T12:40:00.001-07:002012-10-13T12:45:25.776-07:00Sell Mineral Rights In Tuscaloosa Shale PlayIf you have any interest in selling all or part of your mineral rights and royalty rights, and own property in the following Louisiana parishes or Mississippi counties, contact this mineral rights buyer site -- <a href="http://www.paydayminerals.com">Payday Minerals, LLC</a>. They speculate in various parts of the USA, including Central Louisiana and South Mississippi.
Tuscaloosa shale play buy area:
Louisiana parishes -- West Feliciana parish, East Feliciana parish, St. Helena parish.
Mississippi counties -- Wilkinson county, Amite county.
The area may expand or contract at any time. Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-24870730034080024802011-06-21T06:20:00.001-07:002011-06-21T07:06:35.336-07:00How to sell mineral rights in Red River Parish, Louisiana<i>Red River Parish</i>, Louisiana is undergoing development of the <i>Haynesville shale</i>, an oil and gas formation from 11,000 to 13,000 feet subsurface. Many wells have been drilled over the past few years. There are some sweet spots in Red River Parish but there are also some bad spots. Roughly the eastern 25% has not turned out very well. But in other areas of the parish, decent to prolific production has been found. The production is dry natural gas; there is no oil produced. If oil were found in the Haynesville shale, it would help, as the price of crude oil relative to natural gas is much higher. Natural gas prices have been low for three years now.<div><br /></div><div>By the way, persistent rumors that there is oil production below the Haynesville shale are just that. We have seen no verification of this. For now, that's all it is, a rumor. Rumors are common in the oilfield.</div><div><br /></div><div>Those who own <i>mineral rights</i> and <i>royalty rights</i> in the Haynesville shale are likely subject to an oil and gas lease owned by Encana. There are some leases owned by Chesapeake, Petrohawk, Shell (SWEPI), Forest Oil and QEP Resources (Questar). Encana and Shell have a joint operating agreement in an area of mutual interest. <i>Encana/Shell/SWEPI</i>, by far, has more acreage in Red River parish than any other operator.</div><div><br /></div><div>Some people want or need cash, for any number of reasons and <i>selling mineral rights</i> can bring a big cash payday. For many, it's the only asset they have that has a lot of value. And selling mineral rights (<i>sell royalties</i>) doesn't affect their land ownership, if they own the land. Plus, in Louisiana, a sale of mineral rights creates a servitude, and this servitude creates prescription. Which means that if drilling does not occur within ten years, the mineral rights revert to the person who owns the land, the landowner. So, if you sell mineral rights in Red River parish, they won't be gone forever. In other states, selling mineral rights means they are gone for good.</div><div><br /></div><div><span class="Apple-style-span">SELLING MINERAL RIGHTS IN RED RIVER PARISH LOUISIANA</span></div><div><br /></div><div>Here are the steps to take if you are considering selling mineral rights in Red River Parish.</div><div><ol><li>Consider whether you should sell or not. (See <a href="http://www.whysellmineralrights.com/">Why Sell Mineral Rights</a>.)</li><li>If you decide to sell mineral rights or if you own only royalty rights, to sell royalty rights (sell royalties) in Red River parish, you need to gather some information. You'll need to know the section, township, range of your property, gross acres, net acres you own, which oil and gas company the mineral rights or royalty rights are leased to if an oil and gas lease exists, the date and term of the lease, the <i>royalty </i>percentage in the lease and also your property description, sometimes called the legal description.</li><li>You need to make a deal with a <i>mineral rights buyer</i> in Red River parish who buys mineral rights and buys royalty rights. (Here is a <a href="http://www.myoilpro.com/sell-mineral-rights-redriver-parish.html">mineral rights buyer</a>.) Be prepared to furnish copies of documents if asked.</li></ol>It's not a difficult thing to do, especially if you have a courteous, professional mineral buyer with a lot of experience, such as the one suggested above! For additional information about selling mineral rights or selling royalty rights in Red River parish (sell royalties), it's suggested you review the information, <a href="http://www.howtosellminerals.com/">How To Sell Mineral Rights In Red River Parish Louisiana</a>. Good luck with your sale of mineral rights (selling royalty rights) in Red River parish!</div>Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-46147491991672875832011-06-19T12:34:00.000-07:002011-06-19T13:45:49.107-07:00New Shale Play: Tuscaloosa ShaleLouisiana has long been an oil and gas producing state, having had prolific production onshore for about 100 years. And offshore, Louisiana leads the nation in oil and gas production. All of these oil and gas reservoirs are what we call conventional reservoirs, meaning the oil and gas is produced from porous and permeable or fractured sandstone, limestone or dolomite.<br /><br />In the past few years, a new type of reservoir has come to the forefront -- unconventional. Primarily, these are source rock shales that heretofore were thought to be that and only that, a source rock that fed the conventional sandstone, limestone and dolomite reservoirs. But around 1980, George Mitchell of Mitchell Energy became convinced that the Barnette shale around Fort Worth, Texas held potential. He began experimenting, drilling many wells, spending a fortune, and not having much success. But, over about 20 years, he finally was able to crack the code and the Barnette shale became the first large-scale <a href="http://www.shaleplay.com/">shale play</a> in the world. And production soared, due to two technological achievements -- horizontal drilling and hydraulic fracturing.<br /><br />The Barnette shale became the largest producing field in the USA and held that title until 2011, when the <a href="http://www.myhaynesvilleshale.com/">Haynesville shale</a> took over the top spot. This shale play covers much of northwest Louisiana and east Texas. Well over 1,000 wells have been drilled and completed in the <span style="font-style: italic;">Haynesville shale</span>. (The Barnette shale has over 14,000 producing oil and gas wells as of January, 2011.) The Haynesville shale boundaries are still being defined to the south and southwest, and development drilling is in the early stages.<br /><br />Louisiana mineral rights owners and royalty owners are fortunate in that there is a new shale play experiencing widespread oil and gas leasing. It's called the <span style="font-style: italic;">Tuscaloosa shale</span> (<span style="font-style: italic;">Tuscaloosa Marine shale</span> by some) and stretches all the way across Louisiana in the central part of the state. (See <a href="http://www.tuscaloosashale.com/">Tuscaloosa shale map</a>.) The Tuscaloosa shale is only a theory at this point, as drilling over the years has proved to be non-commercial. Yes, oil and gas are in the Tuscaloosa shale rock but getting it out profitably has been a no-go thus far.<br /><br />There are several companies active in the Tuscaloosa shale. Devon Energy, Goodrich Petroleum, Amelia Resources, Indigo Minerals and Denbury Energy all have lease positions in the play. At least four wells have been announced for 2011 drilling.<br /><br />The Tuscaloosa shale is almost the same geological age as the <a href="http://www.eagle-ford-shale.com/">Eagle Ford shale</a> of south Texas. It is slightly younger, but close to being the same "stratigraphic equivalent." The <span style="font-style: italic;">Eagle Ford shale</span> stretches over 400 miles eastward from the border with Mexico, across South Texas to perhaps Sabine county. Thus far, the best production ends at Gonzales and Dewitt counties, but there is more exploration going on the east, towards the Louisiana border.<br /><br />From there, we cross into Louisiana at southern Sabine parish and this might be the beginning of the Tuscaloosa shale. (We don't know yet!) The potential play goes all the way to into Mississippi. So, if the Eagle Ford shale and Tuscaloosa shale turn out to be productive relatively continuously in this "fairway," it will be a huge field, dare say the largest in U.S. history.<br /><br />The Eagle Ford shale contains both oil and gas. It is thought that the Tuscaloosa shale will provide the same. In the past 30 years, prolific natural gas production has been discovered downdip in south Louisiana. So, theory is, oil production can be had (with modern technology) updip from the natural gas. This modern technology includes horizontal drilling, coupled to hydraulic fracturing.<br /><br />Hydraulic fracturing is undergoing attack by environmental groups, claiming that it pollutes fresh water acquifers, causes earthquakes, and all kinds of claims. Yet, over 1 million "fracs" have been performed over several decades, with not one documented case of these claims. So, don't believe everything you read. Yes, the process should be regulated (and already is) but the Feds should stay out of this. The individual states can perform oversight just fine.<br /><br />If one is a mineral rights owner in the Tuscaloosa shale, it could be their lucky day. This won't be known for a few years, as it will take many wells to "prove it up." But, oil and gas lease bonuses can come in handy, and if they do drill a well in a unit containing the mineral owner's mineral rights and royalty rights, royalty checks can ensue. And, as it happens in every oil and gas play ever discovered, some choose to sell mineral rights. Very few people have assets that they can sell when they "get in a jam" or need cash for any number of reasons. Selling mineral rights can be a solution for some. Plus, if the play gets hot, mineral rights can bring a healthy sum, and some choose not to pass up a big "guaranteed" cash payday. (See <a href="http://www.whysellmineralrights.com/">why sell mineral rights</a> for more info on selling royalty rights.)<br /><br />The announced development of the Tuscaloosa shale will be exciting to watch in 2011 and beyond. Here's to success, for Louisiana mineral rights owners!<br /><br />If you seek professional help with oil and gas leasing matters or a sale of mineral rights, here is a <a href="http://www.myoilpro.com/">Tuscaloosa shale oil and gas consultant</a> you can have represent you.Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0tag:blogger.com,1999:blog-8808493309926482292.post-53259131517676093912011-06-07T15:11:00.000-07:002011-06-07T15:24:56.133-07:00Another view on selling mineral rightsMany people consider selling their mineral rights. It can be a hard decision for some. For others, it's easy if they can get enough for a sale of the mineral and royalty rights to do whatever it is they want the cash for. Might be a new car, a boat, the kid's education, retirement, lots of things.<br /><br />The state of the oil and gas industry depends on what kind of production the oil company or individual has. Lately, the price of oil has been up but the price of natural gas continues to very poor. In some areas of the country, especially the various <a href="http://shaleplay.com">shale plays</a>, such as the Eagle Ford shale of south Texas or the Haynesville shale of north Louisiana and east Texas, drilling has dropped by a lot! In others, especially if they contain oil or natural gas liquids, drilling has increased. Same for leasing. Some areas are hot and some have gone stone cold. In either instance, often, one can find a mineral rights buyer to buy their royalty rights.<br /><br />Regarding a sale of mineral rights, I have sold some in the past and I'm glad I did. I could use the cash at the time and it sure was nice to get it. I didn't regret it a bit. I am considering selling my minerals again. It has to do with where I am in life and also to my perception of risk versus a sure thing -- CASH. I'm about ready to pull the trigger. So, I can identify with people who are considering it. I have mineral rights in both the Eagle Ford shale and the Haynesville shale.<br /><br />As for whether one should cash out and sell mineral and royalty rights, here is another site to review... <a href="http://mineral-rights.weebly.com/index.html">Is it wise to sell mineral rights</a>.<br /><br />Good luck!Billhttp://www.blogger.com/profile/07377770490781559127noreply@blogger.com0