As mineral rights are passed from generation to generation, the interest is fractioned.
All oil and gas wells eventually run dry, and the reservoir is depleted. This can happen in a short time or over many decades.
Oil and gas prices fluctuate, and the Shale Revolution had a dramatic impact on commodity prices.
To preserve and responsibly develop the natural resources, each state now regulates how closely wells can be spaced.
I am one of the millions who lost their job due to the COVID-19 lockdown. I sold my minerals to get me through this terrible time. If my grandmother could see our current situation, she would understand. I'm so grateful to have had minerals to sell. Many people don't have this option.S Barnes
With the price of oil declining and operators practically giving gas away, I decided to sell before the bottom falls out.J. Cruz
I am on a fixed income, and the sale of these minerals will help me secure stable housing. My children will be okay if even if they don't inherit these minerals.S. Owens
My oil wells have been producing for decades and the reserves are almost depleted. Once the wells are plugged, the value will be significantly lower. I'd rather cash out now.R. Robertson
I inherited mineral rights, but don't want to be involved with fracking and fossil fuels. I would prefer to support renewable energy and do my part to reverse climate change.P. Harris