Frequently Asked Questions

Mineral rights are valued based on several factors: whether the property is currently producing, the royalty rate in any existing lease, monthly or annual production volumes (in barrels of oil equivalent), commodity prices, the quality of the formation, operator activity in the area, and comparable sales in the basin. Non-producing minerals are valued based on geological potential and proximity to active development.

From initial submission to receiving payment typically takes 2–6 weeks. We usually deliver a written offer within 24 hours of receiving your information. Once you accept, a title attorney or landman searches the title, which takes 1–2 weeks. Closing and payment follow shortly after.

In most cases, proceeds from the sale of mineral rights are treated as capital gains rather than ordinary income, which is often a lower tax rate. The specific treatment depends on how long you have held the interest, your cost basis, and your individual tax situation. We strongly recommend consulting a tax professional before closing. This is not tax advice.

You do not need to gather documents before getting an offer. However, to close a transaction you will typically need: a deed or probate documents establishing your ownership, any existing oil and gas leases, recent division orders or royalty statements (if producing), and a government-issued ID. Our team helps gather what is needed through the title process.

An existing lease runs with the land and transfers to the buyer at closing. You cannot cancel a valid lease before its term expires. If you are in a lease, the buyer steps into your position as the lessor and continues to receive royalty payments according to the lease terms.

Yes. You can sell a partial interest (for example, 50% of your minerals), a specific formation, or minerals under a defined geographic area. Partial sales are common in estate situations where multiple heirs want to handle their interests differently.

A royalty interest entitles the owner to a percentage of production revenue without bearing any of the costs of drilling or operating wells. A working interest involves both the right to produce and the obligation to share in operating expenses. Most mineral rights owners hold royalty interests, which are what we typically purchase.

Mineral rights can be separated from surface ownership, so owning land does not necessarily mean you own the minerals beneath it. Check your deed — it should indicate whether minerals were reserved or conveyed. You can also search county deed records or hire a landman to do a title runsheet. Royalty statements or lease offers from oil companies are also strong indicators.

This is very common. We work with heirs regularly and can help you understand what you own. In many cases, we can research the title ourselves. You may need to probate an estate or file a muniment of title to perfect your ownership before selling, which an attorney can handle.

No. We charge no commissions, no listing fees, and no closing costs on the seller's side. The price we offer is the amount you receive at closing. You may choose to have an attorney review the purchase agreement, which we encourage, and those costs are yours to bear.

Being under an active lease does not prevent a sale. The buyer acquires the minerals subject to the existing lease and begins receiving your royalties after closing. In some cases an active, favorable lease actually increases the value of your minerals.

Our offers do not expire. We understand this is a significant financial decision and that you may want time to consult family members, financial advisors, or attorneys. Take as much time as you need. We will honor the offer we put in writing.

You are not legally required to have an attorney, but we recommend having one review any purchase agreement before you sign. The cost is modest and provides peace of mind. We work with sellers who choose to use attorneys and are happy to answer any questions your attorney may have.

We actively purchase mineral rights in Texas, Oklahoma, Louisiana, New Mexico, North Dakota, Montana, Colorado, Wyoming, Pennsylvania, Ohio, West Virginia, Kansas, California, Utah, Mississippi, Alabama, Arkansas, and Alaska. If your property is in a state not listed, contact us — we may still be able to help.

A non-participating royalty interest (NPRI) is a royalty carved out of the mineral estate. The NPRI owner receives a portion of production revenue but has no right to execute leases or participate in drilling decisions. NPRIs are often created by deed and frequently show up in inherited mineral interests. We purchase NPRIs.

That depends entirely on your situation. Selling makes the most sense if you want liquidity now, want to simplify your estate, are concerned about future commodity prices, or need cash for another purpose. Keeping makes sense if you believe significant development is imminent, you are comfortable with the income stream, or the tax implications of a sale are unfavorable. We are happy to provide honest information to help you decide — even if you conclude that selling is not right for you.

Payment is made at closing, typically via wire transfer or check. The exact method is agreed upon during the closing process. There are no installment payments or earn-outs — you receive the full purchase price when you transfer title.