How We Value Your Minerals
We take a comprehensive approach to determine the true value of your mineral interests. Here’s how we do it:
1
Acreage Count:
Assessing the total amount of land you own, including the size and extent of your mineral rights. Larger acreages generally yield higher valuations due to the greater potential for resource extraction.
2
Legal Description:
Identifying the exact location of your property using state, county, township, section, and region details. Precise legal descriptions help determine the potential for resource development and interest from operators.
3
Commodity Price:
Considering the current market prices for oil and gas, as these fluctuate based on supply and demand dynamics, geopolitical factors, and economic conditions. Higher commodity prices can increase the value of your mineral interests.
4
Tax Obligations:
Factoring in potential tax liabilities associated with mineral ownership, including property taxes and severance taxes. Understanding these obligations helps determine the net value of your interests.
5
Potential Income:
Evaluating historical and current production data, as well as future production estimates based on geological surveys and operator activity. This includes analyzing past revenue, current output, and projected production to estimate potential income.
6
Market Demand
Evaluating the current demand for minerals in your area, which can significantly impact the value of your interests. This includes factors like regional activity, interest from major companies, and trends in mineral exploration and extraction.