How to Research Your Mineral Rights
Map of Free Data
If you have mineral rights, then you no doubt have questions concerning them. LandGate offers mineral owners more information online than ever available before without any cost. You don’t have to pay tens of thousands of dollars in data subscriptions like many industry professionals do. On LandGate.com you can access well & production data for free, easier, faster, and more accurately. It allows users to locate their areas of interest, understand the types of wells nearby, and view local production and operators.
Mineral owners can even use this free information to check their royalty payments. Just find your property on our map and get your free, detailed report!
Locate Your Mineral Rights Property
To begin, you must locate your mineral property. On LandGate’s map, you can search using State, County, or Township Range and Section. If you have this information, then enter it in the search bar above the map. You may also search using a home address.
If you do not have this information readily available you can also search our map simply by scrolling and identifying unique landmarks surrounding your property. For instance, if you know your property is 20 miles south of a city and 10 miles east of a highway, you can use these features to get you closer to your property. Start off with broader categories like states, then cities, then major thoroughfares or geological features, until you can narrow into your section.
To view well data such as the image below, click on your parcel or parcel(s) and claim ownership of your property. This will generate a free report and data layers for each resource on the map.
Understanding the Map
When you are able to zoom into your area of interest enough to distinctly see where wells are located, you will also be able to start to distinguish the types of wells that are located on or near your property.
In the images above and below, you can see that there are many dots on the map. These are wells. The type of well is identified and simplified through color.
*Are you interested in having your property on the map like the listings of mineral rights? Claim Ownership to get a free valuation of your property. After this, if you choose do to so, you can create a free listing on our map! Our map will expose your property to competitive bidding which typically earns mineral owners 2-7 more than their original offers!
Types of Wells
As you can see from the map filters’ drop-down menu from our map, each well is color coded for quick and easy analysis. See the short description below for each type of well to learn a little more about what each one means.
Producing Well (green): A well that is producing oil and/or gas and its production is being recorded to the state. A producing well might be temporarily shut in.
Drilled Well (yellow): A well that has recently been drilled but is not yet recorded as having produced oil and/or gas. Because operators report data to the state with an average of 3 months delay, LandGate assumes that a drilled well has just started producing last month.
Permitted Well (orange): A Permitted well has been authorized by a State Oil & Gas Commission after an Operator submitted a permit application. It does not guarantee that there will be a well drilled there, but it does show a high interest and claim of an area by an operator.
Service Well (blue): A Service well includes but is not limited to water and CO2 injection wells for EOR purposes and saltwater disposal wells.
Abandoned Well (brown): An abandoned well has been plugged and abandoned. LandGate will also flag a well that hasn’t been produced in 18 months as an abandoned well although the operator might not have filed the changes of well status at the State Commission.
Upside Well (purple): An upside well is a potential well that is not permitted but that could be drilled based on LandGate geological reservoir characterization. LandGate will estimate the wells’ density for each type curve area and will automatically place potential wells to exploit the remaining hydrocarbon reserves based on Drilling Spacing Units.
Horizontal Vs. Vertical Wells
When you zoom in on an area, you will see different directional wells based on the shape. You will either see just a dot, which represents a vertical well, or you will see a dot connected to a line. This line shows a horizontal well and it’s length underground.
Local Production & Operators
Your property report will show local production and operators in the oil and gas section.
The report will also show:
- the net cash flow summary of this 1% override well’s valuation
- the geological formation the well produces from
- the well’s production
- the well’s forecast
- the well’s accumulated production to date
- the well’s net remaining reserves (the cumulated total remaining production for 1% override)
- the well’s Estimated Ultimate Recoveries (EUR), the total past and future remaining production
For mineral owners, the production and the ownership will probably be the most helpful information when researching your mineral rights.
Hopefully, this gets some major questions answered about your personal property. As most information does, it probably prompts many more questions. We are available by phone, email, or even in person.
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2 Replies to “How to Research Your Mineral Rights”
How would I go about checking to see if I own any property with Mineral rights..per say if it was inherited and I didn’t know it? Apparently..dhs is wanting verification of Mineral rights that I have.. but i didn’t know about them
If someone is asking you to verify or sending you an offer it is a pretty good indication that you own your minerals. The only way to know for sure if you own them is to have title ran. Feel free to give us a call at 855-867-3876 so we can provide you with more direction!