Factors that can matter
- The county and exact location
- Producing versus non-producing minerals
- Current royalty income
- Net mineral acres
- Royalty percentage
- Existing lease terms
- The operator
- Nearby wells
- Future drilling potential
- Current oil and natural gas prices
- Title and ownership
- Development activity surrounding the property
Producing versus non-producing
For producing minerals, buyers may evaluate current royalty income and the expected future production of the wells.
For non-producing minerals, location and the likelihood of future development become especially important.
Why online estimates usually miss
A generic online price-per-acre estimate usually cannot accurately value a specific mineral interest. It does not know your decimal, your lease, your operator or the wells around you.
If you'd like us to review your mineral interest, submit whatever information you have. There is no obligation to sell simply because you request a review.