People are
often confused about selling their mineral rights royalties, which includes oil and gas minerals; however, the process
is rather simple than how you have made up your mind. If you presently receiving a royalty check
regularly, and then you suddenly choose to sell your mineral royalties, you can
easily expect to receive an attractive offer for 20-75 months’ worth of checks.
Is the question, “If I do not receive a check, can I still sell my mineral rights royalties?” circulating your mind currently? The answer is ‘absolutely’. However, it all depends on the location of the minerals and any sort of projected drilling of the land, and you can expect to receive around thousands of dollars for per acre of land. Many petroleum management companies will also offer a free evaluation, which will allow you to receive multiple offers and handpick the best one based on your perception and decision making abilities.
When you
sell the mineral rights royalties,
keep in mind that you are not selling your ownership of land, but only the
minerals below. Moreover, you can even sell a portion of the minerals you have
underneath your land. For example, you can simply sell 75% of the minerals you
own and maintain a 25% interest in any future drillings (if you are lucky and
oil is found.)
Remember!
Your minerals will decrease in value as time passes.
Things can
go in two directions if you choose to stay immobile for the time and hold on to
the minerals, and both directions can be a cause of concern for the mineral
owners. It is possible that your property will be drilled and you will start
receiving royalty checks, eventually the checks will cease to arrive at your
door, or most likely, they will decrease in value on a month-by-month basis.
Secondly,
let us assume that you have received an offer to sell your land for $500,000,
and you think that if they are offering $500,000, the value might be more. This
is a mistake. After you have refused the oil management firms, you find out
that they have bought your neighbor’s land, started drilling and have concluded
that they have highly estimated the amount of minerals in that area. All this
process will render your property practically worthless.
Firms that
purchase gas and oil royalties and mineral rights are involved in a high-risk
game. They may earn back their investments in a few years, after 20 years or
this might never happen. These petroleum management firms are ultimately
betting on increased mineral production, which is infrequent.
Lastly, one
more thing that you need to consider when selling mineral rights royalties is
the possible problems with maintenance. You will be worrying about varied
income, paying property taxes, and dealing with various firms on an on-going
basis.
Uni
Royalties Limited is one of the leading petroleum companies that helps sell
your mineral rights royalties across
the United States. They carry out speedy evaluations for
oil and gas leases to make sure that you get top bucks for your mineral
interests. For more information and a range of petroleum investment solutions,
visit www.uniroyalties.com. Moreover, you can call us on our toll free number,
1 888 916 0220.
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