Armed with your legal description and your states oil and gas regulatory commission's GIS viewer, you can easily locate the tract of land in which you own interest. You'll take a screen shot and save it for later.
Learn moreUse ShaleXP to find a map of the drilling activity in your county. Take note of the ranking and upward (or downward) production trends. Then take a screen shot and save for later.
Learn moreUsing Microsoft PowerPoint, overlay one map over the other, and change the opacity of the top map to make it transparent enough to see both maps. This will show you if your minerals are in an active area.
Learn moreMinerals in the hottest shale plays are more valuable than those in older fields with conventional wells.
Producing minerals are worth more than non-producing minerals because they are generating revenue.
When oil and gas prices drop, revenue drops and sometimes operators are unable to continue operations..
Highly productive wells (and off-set wells) can increase the value of your minerals.
Favorable lease terms (such as a 25% royalty) favorably impact the value of the leased minerals.
A small number of operators are unethical and their reputation automatically devalues your minerals.
With the price of oil declining and operators practically giving gas away, I decided to sell before the bottom falls out.J. Cruz
I inherited mineral rights, but don't want to be involved with fracking and fossil fuels. I would rather support renewable energy and do my part to reverse climate change.P. Harris
My husband passed away. I'm not really interested in his mineral rights. I have a lot of expenses right now and am overwhelmed so I'd like to get the most I can for this mineral interest and I can simplify my life. R. Bach
I don't have any heirs. I'd rather have the money than leave these mineral rights to someone I barely know.K. Henderson
My royalty checks are small. Once I split them between my three children, they won't really be worth the headache of managing them. B. Moss