Sell Your UtahMineral Rights
We buy oil and gas royalties and mineral interest in Utah
and other oil and gas producing states.
Request an offer for your mineral rights:
We never spam or give your address away.
Utah Mineral Rights Map
According to ShaleXP, Utah ranks 12th for oil and gas production in the United States with over 10,000 wells that produce 1.11% of national daily oil and 0.71% of daily natural gas. Utah's hydrocarbon production is minuscule compared with Texas, New Mexico, Oklahoma, and other oil and gas producing states.
The top 5 oil and gas producing counties in Utah are:
- 1. Duchesne County
- 2. Uintah County
- 3. San Juan County
- 4. Carbon County
- 5. Sevier County
Utah Federal Oil & Gas Leases
Utah is one of a dozen states suing the Biden administration over the ban. Even if they are successful in overturning it (or gaining an exception), the anti-drilling sentiment is growing among the US population, and it seems likely that these types of regulations will continue.
Regardless, it is still possible to sell your producing Utah mineral rights. Non-producing minerals will be more difficult to sell because of the federal drilling ban.
Locating Your Utah Mineral Rights
Each state has a different GIS map, and some are easier to use than others. Fortunately, Utah's GIS map is very easy to use. You can look up a well that appears on your royalty statement or the legal description on your deed.
Need help? Contact us, and we can usually look it up for you. We use these tools all the time, so they are second nature.
Sell Your Utah Mineral Rights
Request an offer, and we'll be happy to evaluate your mineral rights.
Send us the last few months of royalty statements and any supporting documents (leases, deeds, division orders etc.).
We will review and appraise your mineral rights and provide you with a competitive offer.
Once we agree on a price, a closing date will be scheduled. You will sign and notarize the document. When we receive the paperwork, we will immediately wire the funds.
What We Buy
How We Value Mineral Rights
Minerals 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..
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.
Mineral Rights Value Calculator
$0.00 - $0.00
Mineral Rights Value
What are your mineral rights worth?
Non-producing mineral rights can be valued by multiplying the number of net mineral acres (NMA) that you own by the going lease rate, which is often the lease bonus.
The best way to determine the value of your mineral rights is to request a quote. Requesting a quote does NOT obligate you to sell.
Why Sell?
Why People Sell Their Minerals Rights:
I am putting my affairs in order. I don't want to burden my kids with the hassle of transferring ownership and managing small mineral rights. When my sister passed away and my niece and nephew had to hire an attorney to help them with the minerals. I don't want my kids to go through that.
With the price of oil declining and operators practically giving gas away, I decided to sell before the bottom falls out.
My parents owned a tiny interest in 80+ wells, and, as the Trustee for their estate, the minerals were a total nightmare to manage (between taxes and frequent operator changes). It definitely didn't earn enough to justify the time! I was happy to sell them.
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.
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.