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 as many industry professionals do. On LandGate.com you can receive a free property report that breaks down the oil & gas and mining potential of your property:
How to Determine if You Own Mineral Rights
LandGate's database does not contain mineral rights ownership information. To determine if you own the mineral rights on a parcel, you will first need to check the deed. The mineral rights may have been severed from the surface at some point in time.
If your deed does not list this information, you will need to contact the County Clerk in the county where your minerals are located. The County Clerk will either assist you in researching property deeds, or they can recommend a landman to assist you with this research.
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 an address or parcel number.
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, 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.
Types of Wells
As you can see from the map's legend, 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.
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 its 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% overrides 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 cumulative total remaining production for 1% override)
the well’s Estimated Ultimate Recoveries (EUR), and 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.
Strategic Alliance Enhances Oil and Gas Minerals Marketplace
In a strategic move to enhance the marketplace for oil and gas mineral rights, investment banking firm Entoro and marketplace leader LandGate have forged an alliance. Amidst the current oil market shock, this collaboration presents a unique entry opportunity for investors eager to acquire oil and gas minerals, historically a foundation for many family fortunes.
The market conditions have led to a precipitous drop in prices, providing a generational buying opportunity as traditional institutional buyers retreat and E&P companies release assets to raise cash.
The partnership leverages advanced technology and expertise to open this lucrative asset class to a broader audience. LandGate's robust data, evaluation tools, and transaction capabilities, combined with Entoro's global reach, aim to attract high-net-worth and family office investors.
Their proprietary platforms facilitate automated investment transactions, making the process seamless. This alliance positions itself as the largest marketplace for oil and gas mineral transactions, providing over 400 unique buying opportunities across U.S. oil and gas plays, thus ensuring robust and profitable investments for their clients.
