Individuals planning to sell their mineral rights want to ensure that they will be getting the highest possible price for their minerals. However, determining the worth of the minerals underneath a property might be very challenging as mineral rights are valued based on a variety of factors.
Typically, a buyer’s offer price is high if previous records in the area indicate success in drilling activities. Mineral prices and trends in the market also affect the value of the mineral right. Additionally, other costs such as transportation and taxes relevant in the area may also have an impact.
Mineral right owners face the challenge of optimizing their revenue by ensuring an appropriate approach in determining the value of their mineral property. Equipped with extensive market knowledge, connections, and resources, our Texas-based team at The Mineral Auction is ready to bring out the best value of your mineral rights when you call (512) 698-2802 today.
Land ownership under the Texas law includes two different sets of estates (rights), the surface estate and the mineral estate. Although surface landowners usually own the minerals found underneath their properties, several areas in Texas have surface estates and mineral estates divided. This division, or ‘severance,’ allows both the surface and the mineral rights to be separately owned by different people or entities.
In Texas, areas with a record of extensive mineral and oil development are oftentimes the areas where surface and mineral rights are severed. It is important to determine whether you own a property in which the mineral right is separated from the surface right by consulting a knowledgeable professional adept in understanding and interpreting laws surrounding surface and mineral rights ownership.
Knowing that you own the mineral underneath the property you possess provides you the chance to sell your mineral right to prospected buyers. However, selling your mineral right can be risky and complicated without the help of our experienced mineral rights brokers from The Mineral Auction. Call us at (512) 698-2802 to know more about how we can help you sell your mineral assets at the highest possible price.
There are several factors to look into when evaluating the possibility that a land property has oil reserves beneath it. Experts believe the presence of certain rock types can indicate oil in an area. Oil is formed through decayed organic materials caught in areas of sedimentary reservoir rocks, and so inspecting rock types found within your property may help identify the existence of oil.
The best indicator, however, that oil is present beneath the surface of your lot is if it seeps to the surface of your land. Before drilling techniques were used to get oil, oil was collected after it surfaced on the earth from underground.
Discovering the presence of oil under the surface of your property may be very good news, as it can be a potential asset that can be liquidated to provide you with greater financial security. However, you definitely need the help of experienced mineral rights brokers such as our team at The Mineral Auction that will ensure the highest return on your investment. Call us at (512) 698-2802 to the get guidance and answers you need.