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.

Oil and natural gas wells are among the many natural resources that are considered depleting assets. Depleting assets generally refer to resources that are expected to decline over time. A very productive gas well today may eventually become barren and stop producing over an unspecified period of time. When this happens, mineral properties will become essentially unprofitable.

The lack of surety regarding when a mineral property would start to dwindle in resources and eventually become unproductive is the primary reason why several mineral rights owners choose to sell, rather than lease, their mineral properties. Selling their mineral rights provides them the assurance of getting the most out of their property, without the risk of depletion that might dramatically decrease the value of their mineral rights.

We at The Mineral Auction are aware of the many advantages of selling mineral rights, and are ready to help mineral rights owners enjoy the most out of these depleting interests by selling. To know more about how we can be of help, call us at (512) 698-2802 today.