Information 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 Chalk
Thursday, February 8, 2018
Selling Mineral Rights In Amite County Mississippi
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.
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!
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.
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.
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!
To find out if selling mineral rights in Amite County 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.
Good luck to all!
Sunday, June 25, 2017
Sell East Texas Mineral Rights
For the next year or two, several East Texas counties are in our expansion area:
- Angelina County
- San Augustine County
- Nacogdoches County
- Shelby County
- Panola County
- Harrison County
We are very active and certainly can serve as your mineral rights buyer in San Augustine county 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.
You can also check this website, 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 (sell oil and gas rights), 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!
Saturday, September 10, 2016
Sell Mineral Rights In Reeves County Texas
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 more info.
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.
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.
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.
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.
For those wanting some extra cash from a lump sum cash settlement, contact us if you are interested in discussing selling mineral rights in Reeves County Texas!
Wednesday, March 25, 2015
What Is Reasonable Term (Length) Of Oil & Gas Lease?
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 primary term is the length of time the lease is in effect during which drilling operations must commence or one of three things will happen...
- The Lessee does commence drilling during the primary term and finishes the well. The Lessor would then collect royalties once production begins.
- The lease contract might have an option to renew for an additional period, extending the primary term.
- The lease will expire.
If your Lessee does drill and hits, the lease will be "held by production" -- "HBP." 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.
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.
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.
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.
Wednesday, March 11, 2015
Sell Royalties / Selling Mineral Rights In Lincoln Parish, Louisiana
How To Sell Lincoln Parish LA Royalties / Mineral Rights
Are you interested in selling Lincoln Parish mineral rights? Are you wondering who buys mineral rights or who buys royalties in the Terryville field (gas field) or Hico-Knowles field? 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. 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: • Hico-Knowles gas field • Terryville gas field • Ruston gas field • West Simsboro gas field • Choudrant gas field • Tremont gas field Who buys mineral rights in Lincoln Parish, Louisiana? Our company will buy royalty rights and also buy mineral rights in Lincoln Parish. If you would like to sell mineral rights or sell royalties located in Lincoln Parish LA, or near the following towns, please contact us: • Ruston, LA • Simsboro, LA • Dubach, LA • Vienna, LA We also might wish to buy mineral rights or buy royalty rights in another parish, even if not shown. 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. 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. Please contact us if you are selling mineral rights from this area; you can also sell gas royalties, too. 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! Contact Info: 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: Ph 318-426-0909 Ph 800-664-7650 (Ask for Bill) 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. >>> CLICK HERE <<< for contact form.Monday, January 12, 2015
Sell Royalty / Royalties or Sell Mineral Rights, East Texas
Friday, March 7, 2014
Selling Mineral Rights In Mississippi
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 selling mineral rights. Mineral rights owners have the right to receive oil royalties and gas royalties 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 lump sum cash settlement 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.
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.
SELL MISSISSIPPI MINERAL RIGHTS
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 sell oil royalties 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 Wilkinson County, Amite County and Pike County. Possibly a bit of southern Walthall County. Our focus at this time is for those who wish to sell Amite County MS mineral rights and those who wish to sell Wilkinson County, MS mineral rights. If you are interested in selling mineral rights in Mississippi, please give me a call, I'll be happy to work with you on it.
Another site with much information is this mineral buyer site and also this site about mineral rights and selling oil rights / selling gas rights.
Saturday, February 22, 2014
Oil Company Cheating Me Out Of Money!
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.
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.
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!
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.
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!
Saturday, July 6, 2013
I Won't Sell, I Will Just Keep Leasing It
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!
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.
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 -- http://www.whysellmineralrights.com -- 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.
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!
Sunday, June 16, 2013
Oil & Gas Royalty Rights (Royalties)
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 oil rights or gas rights 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.
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 royalty interest 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.
The oil and gas business is daunting, complicated to the royalty owner, but selling royalty rights is not difficult with an experienced royalty buyer. A sale of royalty rights 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 sell oil rights or sell gas rights, you can enjoy a lump sum settlement payment for your royalties.
For more information about selling oil and gas rights, read this site about selling royalties or contact this blogger.
Saturday, May 25, 2013
Sell Royalty Or Sell Mineral Rights In Mississippi
AREA OF INTEREST IN MISSISSIPPI: At this time, the focus area for a mineral rights sale is for lands in Wilkinson County, Amite County and Pike County, 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 Pinckneyville, Donegal, Ashwood, Newtonia and Whitaker, Mississippi. In Amite County, near the towns of Capell, Olio or Gillsburg, Mississippi. In Pike County, near the town of Osyka, Mississippi. The area is not heavily populated, so, suffice say, within a handful of miles of the Louisiana border.
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 Payday Minerals.
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.)
Visit the above site links or just call the number below.

Tuesday, June 21, 2011
How to sell mineral rights in Red River Parish, Louisiana
- Consider whether you should sell or not. (See Why Sell Mineral Rights.)
- 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 royalty percentage in the lease and also your property description, sometimes called the legal description.
- You need to make a deal with a mineral rights buyer in Red River parish who buys mineral rights and buys royalty rights. (Here is a mineral rights buyer.) Be prepared to furnish copies of documents if asked.
Thursday, May 27, 2010
Why Sell Mineral Rights
The Eagle Ford shale is in south Texas, in a broad area from Gonzales county to Webb county. A couple of years ago, Petrohawk brought it to the newsfront with announcement that drilling had paid off there and they were enthused about it. Since then, much oil and gas leasing activity has occurred and more drilling, as well. It appears that production is not as strong as in the Haynesville shale, but, it's still good. Here is more info: Eagle Ford shale.
And that means that mineral rights owners now face the first question listed above. Because any time an oil play or gas play is announced, mineral rights sales can bring big money.
There are many reasons one might want to sell all or part. But the main reason it's prudent to consider it is that cash money is a sure thing. And oil and gas exploration is anything but that. Over my 32 years in the oil and gas business, countless times, I have seen people reject an offer to sell that would have done them good, even made some wealthy, and then something went wrong and the offer went away. And they couldn't get much at all after that. Sometimes, zero. And that's pretty sad! I have seen people turn down million dollar paydays and a week later, they couldn't get a penny for the same property. Oil and gas is a fickle business and things change rapidly!
The Haynesville shale play (see Haynesville shale map) is one such play. Wow, a lot of good stories and sad stories, too! Some people got fortunes and some people lost them!
So, if you own mineral rights (which include royalty rights), it's wise to consider it. Follow the links on this page for more info.