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 …
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 …
Historically, mineral owners (“lessor”) and landmen/oil companies (“lessee”) 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 critical elements of the lease. The following is a list and a …
Mineral Rights Buyers in 2023 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 …
There is a big difference between surface rights and mineral rights. At LandGate, we assist thousands of property rights owners and have seen an increase in questions related to surface rights. As a result of the recent push to increase the development of wind and solar farms, it is becoming increasingly important to understand the …
Landowners have a variety of resource leasing options when it comes to their land’s resources. Leasing land for solar, wind, carbon, water, minerals, mining, and EV charging battery storage can provide property owners with passive income without having to sell any acreage. Here’s a brief overview of some of the options available: Solar Leasing Landowners …
How can I tell if my mineral lease is dead and I can sign a new lease? It is important to understand the terms of your mineral lease and make sure the operator isn’t bending the rules, so to speak, and trying to claim that your lease is still active. Since lease agreements generally require …
I keep hearing in the news that oil and/or gas prices are low, can I still make money on my mineral rights? Oil and gas is a cyclical commodity, meaning that there are periods of high demand followed by periods of high supply. While these prices will impact the perceived value of an asset, most …
Can an operator steal my minerals? An operator cannot steal your minerals, but can steal your mineral resource, meaning an operator can exploit your minerals without your consent. This process is called “forced pooling”. There are several steps that the operator must take to force pool you: Offer you a fair mineral lease. Send you …
Why are my mineral royalty checks less than they used to be? There can be several reasons why your mineral royalty checks are reducing over time. The most common reason is that oil & gas production declines with time. Just like poking a hole in a balloon, the pressure drops as air is released. In …