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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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Understanding Fracking
Hydraulic fracturing, more commonly referred to as fracking, is a type of drilling in which tight-rock formations, such as shale, are accessed from the surface with a drill that descends at least a mile. Once the optimal depth is reached, the drill is slowly turned to a horizontal position from which it can continue for several thousand feet. Once these offshoots of the main well have been drilled, they will be cased and cemented and a mixture of water, sand, and additional elements will be pumped through perforations in the well pipe.The process of fracking allows a single surface site to accommodate multiple wells in order to maximize output without disturbing excess land on the surface.
How Fracking can affect Your Surface Rights
Hydraulic fracturing has allowed mineral production companies to access vast reserves of oil and natural gas that they were previously unable to reach. According to the Energy Information Administration (EIA), U.S. gas production will increase by 56 percent between now and 2040, and this is thanks in large part to fracking. In addition to the national benefits, fracking can affect you personally by:
- Increasing your income tied to production volume
- Increasing the value of your mineral rights by allowing buyers to access more of the minerals and oil on your property
In 2012, shale gas constituted 40 percent of the total U.S. production. The EIA predicts that number will increase to as much as 53 percent by 2040 due to the unprecedented level of access into tight-rock formations that fracking allows.
Contact Us to Learn More about Selling Your Mineral Rights
If you are considering whether or not to sell the mineral rights to your property, our team of representatives can answer any and all of your questions. Learn more about selling your mineral rights today by calling The Mineral Auction at (512) 698-2802.
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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!
