The premier
fee-based mineral listing service.
Get your free evaluation
Texas oil and natural gas industry pays record taxes, royalties
The skyrocketing energy production in Texas allowed the state’s oil and natural gas industry to pay record-high amounts in taxes and royalties last year, a report by the Victoria Advocate stated on February 24.
Data released by the Texas Oil and Gas Association showed that the state’s oil and gas industry has contributed $15.7 billion to the state in terms of royalty payments and taxes. Association president Todd Staples said these payments are being used to fund schools, children’s health insurance, and public services, among many other important community projects.
The report further added that the state’s vibrant energy sector directly employs 418,000 Texans, while indirectly providing jobs for another 1.8 million individuals across the state.
Indeed, the continuous growth of Texas’ oil and gas industry benefits not only its direct stakeholders, but also the community in which it thrives. If you want to know more about how to benefit from this boom by selling your mineral rights, the team at The Mineral Auction can help you. Call us at (512) 698-2802 to learn more about selling your mineral rights for the highest value possible.
Top-tier mineral listing
service for you
If you’ve been thinking of putting your mineral rights up for sale, or you’re interested in learning more about how much you could potentially get for your interests, then The Mineral Auction is ready to help you.
We’re located in Austin, TX, and because we have connections to thousands of oil and gas royalties and mineral rights buyers, we know that we can get you the best deal if you are looking to sell your mineral rights, whether you’re located in Texas or anywhere else in the U.S.
The Mineral Auction provided me with an invaluable exit strategy when selling a mineral interest that one of my clients had. I’d recommend them to anyone who has the need to create some liquidity.
Blake is excellent. We have used him in numerous family issues and find him always direct and very helpful. He is incredibly informed and our go-to guy.
Blake and I have worked on several deals together and they have always gone off without a hitch. Both parties leave the table satisfied. Highly recommended!
Blake hit it out of the park! He did everything he said he would do, and then some. He far exceeded our expectations within a day! If you are concerned about paying commission or being restricted to a broker – don’t be. He will max out the value of your minerals. I tried to negotiate with several buyers on my own and didn’t come within the same universe.
Blake Bergstrom helped my family negotiate the sale of our mineral rights for our small ranch outside of San Antonio. I found Blake to be very knowledgable about whole process and took the time to answer all our questions. We were very satisified with the transaction and have already recommended Blake and The Mineral Auction to some our friends. Thanks again.
I have mineral rights to natural gas and Blake was excellent in his advice regarding my situation. Thanks a lot for your help!
