Who typically sells New Mexico minerals
- Heirs who inherited an interest they never expected to own
- Owners living outside New Mexico who cannot easily manage the interest
- Families dividing an estate among several heirs
- Owners receiving very small royalty checks each month
- Owners who prefer a lump sum today over uncertain future income
- Owners simplifying their finances or funding another goal
What a buyer evaluates
A serious buyer reviews location, net mineral acres, royalty percentage, lease status, operator, existing production, nearby drilling activity and the condition of title. Two interests in the same county can be worth very different amounts because of those factors.
Selling all or part of an interest
Depending on the situation, you may be able to sell only a portion of what you own and keep the remainder. Some owners sell half of an interest to raise cash while retaining exposure to future development.
Title and closing
Ownership must be traceable through recorded documents. Where the record still shows a deceased owner, or where heirs have never been formally established, additional steps such as affidavits of heirship or probate may be needed. An attorney or title professional may be involved.
Do not let an unresolved title question stop you from asking. These issues are common and are frequently resolvable.
New Mexico counties we focus on
Our primary focus is the southeast New Mexico Permian Basin — Lea County and Eddy County above all — along with Chaves, Roosevelt and Rio Arriba, San Juan and other counties on a case-by-case basis.