Category: Mineral Owners

Mineral Owners How LandGate Calculates Your Mineral Rights Value

How LandGate Calculates Your Mineral Rights Value

Everybody claims that they know how to calculate the value of oil and gas mineral rights and the average price per acre for mineral rights. Google it and see how many companies claim they are the best. One company even states that it is not possible to accurately calculate the value of mineral rights. Well, …

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Industry Finding Legitimate Mineral Rights Buyers in 2021

Finding Legitimate Mineral Rights Buyers in 2021

Mineral Rights Buyers in 2021 Many mineral owners receive plenty of solicitations when it comes to those wanting to buy their minerals – phone calls, letters, etc. A simple Google search will offer you numerous options for companies that buy minerals. But these buyers are often just looking to acquire your valuable mineral assets for …

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Mineral Owners Understanding Your Oil and Gas Royalty Statement

Understanding Your Oil and Gas Royalty Statement

LandGate is a marketplace for mineral, solar, wind and other property rights. And as such, we spend a lot of time assisting property owners. Last week we worked with a mineral owner who just started receiving royalty checks from her property in West Virginia. She was not interested in selling her mineral rights, she just …

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Mineral Owners Oil & Gas Division Orders

Oil & Gas Division Orders

LandGate is a marketplace for mineral, solar, wind, and other property rights. But we also spend a lot of time on the phone answering questions. Last week I spoke to Gerald from Houston, TX. Gerald received a Division Order in the mail. It was sent from an oil and gas company that operates gas wells …

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Mineral Owners Selling Minerals and Retaining Surface Rights

Selling Minerals and Retaining Surface Rights

In 2019, most all of our Wyoming clients wanted to lease their oil and gas mineral rights. In 2020, perhaps due to financial hardships across the country associated with the pandemic, many of them changed their mind and asked LandGate to market their oil and gas mineral rights for sale. Roughly 95% of our Wyoming …

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Mineral Owners How a Major Railroad Company Became a Big Player in the Oil Business

How a Major Railroad Company Became a Big Player in the Oil Business

Adam Smith is credited with the quote “Land is the Basis of all Wealth”. And we know a few railroad companies that would agree. In a recent oil and gas leasing class, we discussed different types of oil and gas mineral ownership in the United States, such as Federal, State, Tribal, and private ownership. And …

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Mineral Owners Oil and Gas Lease Provisions Explained

Oil and Gas Lease Provisions Explained

Historically, mineral owners (“lessors”) and landmen/oil companies (“lessees”) spend most of their time focusing and negotiating the bonus payment, primary term and royalty provisions of an oil and gas lease. These provisions are important, but they represent only a small number of the important elements of the lease.  The following is a list and general …

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Mineral Owners Understanding Oil & Gas Mineral Royalties

Understanding Oil & Gas Mineral Royalties

At LandGate, our clients often ask if they should demand a higher oil and gas lease bonus payment or a higher oil and gas royalty when negotiating an oil and gas lease. That’s a great question. Not all mineral rights owners are in the same financial situation. Although this is a royalty discussion, lets first …

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Mineral Owners IRS 1031 Property Exchange- Consider Deferring Your Tax Bill By Selling Your Minerals

IRS 1031 Property Exchange- Consider Deferring Your Tax Bill By Selling Your Minerals

At LandGate, we have clients constantly asking if they should lease their minerals or sell them. That’s a tough question, as not all mineral rights owners are in the same financial situation. And with the price of oil at $39 per barrel, oil companies are not actively leasing. Mineral buyers, however, are definitely spending a …

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Mineral Owners Forced Pooling

Forced Pooling

Has a Landman Contacted You? Has a landman contacted you and is now threatening to force pool your minerals if you don’t sign his lease? What are your options? Is he offering you a fair deal for your mineral rights? What does a fair deal look like? Who can you talk to? First, let’s talk …

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