When You May Have Underground Oil

Oil is one of the most sought after commodities in today’s economy. When a large amount of oil is detected on your property, you and your family’s lives could change forever. As such, suspicion of oil on an individual’s property should be assessed as soon as possible.

Signs of Oil

Although signs of oil on your property are not particularly obvious, if the following signs seem familiar to you, your property could have an underground supply of oil:

  • Oil residue in soil
  • Neighbors find oil on their properties
  • Sound waves slowly bouncing back up
  • Displaced underground center of gravity

When considering to search for oil, a geologist should be consulted to assist you. A geologist’s expertise with inspecting rocks, soils and other underground details should be fully utilized during this potentially lucrative situation.

In the event that you do find oil underneath your property, it is imperative to obtain mineral rights. Subsequently, if you would like to claim money that is rightfully yours, you can put your mineral rights up for sale; with the help of a mineral rights broker, you can be put in touch with the best possible buyer and get the most amount of money for your mineral rights.

Contact a Mineral Rights Auction Specialist

At The Mineral Auction, we can put you in touch with our network of thousands of interested mineral rights buyers. For more information on your specific situation involving mineral, gas or oil rights on your property, contact the experts at The Mineral Auction today by calling 512-698-2802.

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