America’s drilling scene slowly recovering from the bust

Posted on Tuesday, May 26th, 2015 at 2:42 pm    

Although the past months have been rough for the oil and gas industry due to plummeting prices of oil, economists say the country’s oil drilling boom is slowly beginning to come back to life, Bloomberg Business reported on May 9.

The CEO of energy data provider Drillinginfo said the country’s rig count may increase to up to 1,300 if the prices of oil rise above $70 per barrel. The Permian Basin in Texas is projected to be the first area to recover from the bust. This is due to the multi-stacked production zones that allow players to drill oil at varying depths through a single well.

Evidence here and there suggests that the country’s drilling boom is not yet over, and selling your mineral rights upfront would enable you to get the most out of it without having to worry about fluctuating oil prices or the threat of a bust. To learn more about selling your mineral rights, consult with our mineral rights broker at The Mineral Auction by calling (512) 698-2802 today.


Selling your mineral rights could mean financial peace of mind

Posted on Tuesday, May 5th, 2015 at 4:28 pm    

In today’s global economy, investing in the oil and natural gas sector poses two great dangers: the danger of fluctuating oil and natural gas prices, and the danger of a low-yielding well. As such, many mineral rights owners choose to sell their properties upfront to shift these risks to the buyers, who are more agile in dealing with the sector’s volatility.

Another thing that compels mineral rights owners to sell their mineral rights is the chance to invest in industries that are relatively stable, such as ecommerce, travel, and building and maintenance. Being paid upfront also gives the mineral rights sellers the benefit of capital, which they may then reinvest in another industry or their own financial security.

By selling your mineral rights, you are setting yourself free from any possible financial risks associated with keeping leases. Sell your mineral rights today with the help of our team of mineral rights brokers at The Mineral Auction and get the financial peace of mind you deserve. Call us at (512) 698-2802 today.

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