An introduction to the different mineral rights stakeholders

Posted on Friday, August 29th, 2014 at 6:11 pm    

The revenue generated from mineral ownership over materials such as coal, minerals, oil, and natural gas are generally split between the owner of the mineral rights and the company that extracts the resources from the ground. However, there can also be other stakeholders between which the income would be divided. They are:

  • Royalty interest owner – Receives a portion of income from the mineral rights, but does not own any mineral properties. Landmen, geologists, and brokers who were able to reserve an interest in the mineral properties, but are not the owners of the mineral properties, are considered royalty interest owners
  • Working interest owner – Refers to the entities that bear production costs in the extraction of minerals. The company itself, or the contractor drilling the mineral resources, are considered working interest owners

Understanding the details behind mineral rights ownership and sale can be very challenging without the help of qualified and experienced mineral rights brokers who truly understand the needs of mineral rights sellers. To learn more about your mineral rights and how to sell them in Austin, consult with our team at The Mineral Auction by calling (512) 698-2802 today.

Recent Mineral Rights Posts

Understanding How Mineral Rights Work in Texas

Mineral rights are a complex and important aspect of property ownership in Texas. They refer to the ... Read More

Ownership of Mineral Rights: How do I know who owns the rights? How do I go about selling them?

If you are a property owner in an area that has precious resources like oil, gas, or minerals, you m... Read More

Who might buy your mineral rights

Selling mineral rights is much more different than selling most items or property. It goes further t... Read More

Ready to get started? Call us today - (512) 698-2802