Are My Mineral Rights Valuable? 3 Ways to Find Out.
Selling mineral rights value - how much are my mineral rights worth? If you're a mineral or royalty owner, it's smart to ask yourself this question at least every two to five years.
"Two to five years?!?!"
Yes!
The industry is always changing mostly due to worldwide cycles of supply and demand affecting the price of oil and gas but on a local level, determining the value of your specific interests depends on factors such as:
*Lease terms and the Operator's obligations
*The forecasts and drilling plans of the Operator(s) in the area your assets are located
*The stage of development your interests are in (find out the stage your interests at: www.venergymomentum.com/post/should-i-sell-my-minerals-and-royalties)
*Take-away capacity: Is there a market? Can the Operator sell the production?
*and much, much more...
If you're not keeping watch on your interests, you could be missing out on huge payout opportunities. The old adage, "never sell your minerals" is not always the best advice anymore.
The only time this statement holds true is when they aren't worth anything!
The best way to find out what minerals are worth is to get a professional mineral appraisal done by a Certified Petroleum or Reservoir Engineer. If you have inherited your mineral rights and have never had an appraisal done, or you haven't had an appraisal in the past two to five years, then you definitely need to consider getting one done asap.
In this video are three high-level and simple ways to give you an edge on whether or not your minerals have value. And remember, you don't have to sell all of your mineral interests; you can sell 15%-25%-%50% or anywhere in between!
Venergy Momentum offers mineral appraisal services, can answer all of your questions, and guide you on what to do next if you are considering selling your minerals.
Read our 5-Star Google reviews: https://bit.ly/venergyfivestar
Schedule a time today to speak with CEO and founder, Kyle Venema about what a mineral appraisal can do for you: https://calendly.com/kylev-1/complimentary-client-consultation-mra