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But I must explain to you how all this mistaken idea of denouncing pleasure and praising pain was born
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Selling Your Rights During Rig Loss
Selling Your Rights During Rig Loss
Shale plays all over the country are continuing to lose rigs and do not expect losses to end any time soon. In 2014, before oil prices began to drop, the United States had 78% more rigs drilling for oil than we do now. Texas rigs are especially struggling. There are fewer rigs drilling now than at any other point in modern history. While the number of rigs is falling, oil production is plummeting. New rigs are not replacing the closed ones at this time, but the ones that remain open continue to drill until their closing so that production can still occur.Oil prices are hurting the energy sector and causing many to lose their jobs. Prices recently started to rise by a few cents per barrel, but experts believe prices will not rise to a sufficient level by the end of the year. The slowed production means a prolonged hardship for everyone in the oil industry. It is also extremely difficult to predict when the struggling industry will make a full recovery, putting many on edge.The oil industry is highly unpredictable and can bring major profits or major loss. Owning mineral rights can be stressful, especially when rig loss is so common. Instead of having to worry, it may be easier to put your rights up for sale, which will always allow for the same standard profits. At The Mineral Auction, we help you to capitalize on your rights, while eliminating any stress that may come to you in the future. If you are considering selling your rights at auction, call our experienced business at (512) 698-2802 to learn more.
Top-tier mineral listing
service for 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!
