Valuing Mineral Rights
You received an offer to buy your minerals and you are wondering, “Is this a fair offer?” And “What is the value of my mineral rights?” These are some of …
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How to Negotiate an Oil and Gas Lease (Hint: It may not be as tricky as you think)
We often receive questions from our oil and gas consulting clients and Podcast Listeners and one of the most common questions is how to evaluate and negotiate an oil and …
How to Calculate Your Net Revenue Interest in Less than 5 Minutes
Calculating your revenue interest in a well is straightforward once you have a few key pieces of information. Armed with this information, you can calculate what your expected Net Revenue Interest …
What is Severance Tax?
As Benjamin Franklin said, “in this world nothing can be said to be certain, except death and taxes.” Most people are familiar with property tax, income tax, and sales tax …
Legal Descriptions and Survey Systems in Oil and Gas
What is a Legal Description? A Legal Description is a written description with the purpose of delineating a specific piece of real property, including Minerals. Getting it right is the …
Understanding Land Ownership and the Difference Between Surface and Mineral Rights
Mineral Rights Ownership You might be wondering: “Do I own the mineral rights below the surface of my property?” and “What is the difference between Surface Rights, Royalty Interest, and …