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Oil and Gas Industry News

Mineral Rights and Medicaid Eligibility

The information provided in this article is for informational purposes only.  US Mineral Exchange is not liable or responsible for any party who uses or relies on this information when applying for or being approved/denied for Medicaid.  The information provided below is simply our opinion of matters related to Medicaid eligibility.  You should consult with a qualified Medicaid Attorney and Accountant before applying for Medicaid. Mineral Rights and Medicaid Eligibility At US Mineral Exchange we commonly get asked about mineral rights and medicaid eligibility.   If you are trying to qualify for medicaid, your mineral rights could be an asset that disqualifies you from medicaid.  However, the rules can get complicated and this article will help point you in the right direction.  The most important thing to understand is that the rules vary from one state [...]

By |2019-05-18T17:10:22-05:00May 16th, 2019|Industry News|

Lowest Rig Count since 1949

Lowest Rig Count Since 1949 As a mineral owner, one thing to keep your eye on is the rig count.   Rig count is an indicator of how much activity is taking place in the oil and gas industry.  When rig counts are high it means the oil and gas companies are very active.  This means that companies are out there leasing up properties so they have an inventory of property for drilling.  When rig counts are low oil and gas companies reduce leasing or stop leasing. We are currently looking at the lowest rig count since 1949.   The low rig count is due the low price of oil recently.  With oil prices still below $40/barrel and rig count at it's lowest level in over 50 years, the activity for leasing is grinding to a quick halt.  Companies [...]

By |2019-02-25T16:02:37-06:00March 13th, 2016|Industry News|

Where to Buy Mineral Rights

Where to Buy Mineral Rights If you want to buy mineral rights you're in the right place.  Figuring out where to buy mineral rights and source quality deals can be difficult.  There are a few "list your mineral rights" types of websites around.  However, there is a big difference between US Mineral Exchange and other listing websites.  If you want to buy mineral rights we are going to show you why you should pick US Mineral Exchange. Why US Mineral Exchange There is a reason that new buyers sign up every single day at US Mineral Exchange.  When buyers are looking for where to buy mineral rights they consistently turn to us.  There are a few reasons for this: Direct Seller Contact:   One of the biggest reasons buyers prefer US Mineral Exchange is that we work directly with [...]

By |2016-08-08T04:59:32-05:00October 3rd, 2015|Industry News|

Oil and Gas Decline Curve

Oil and Gas Decline Curve An oil and gas decline curve is a term that gets thrown around frequently.  For mineral owners, this can be a confusing term.  However, it's an important thing to understand.  An oil and gas decline curve affects the value of your property and the royalty checks to receive.  If you want to learn more about and oil and gas decline curve and how it impact you then you came to the right place! What is an Oil and Gas Decline Curve An oil and gas decline curve is an estimate of amount of production from a well.  While all wells are different, the production from a well will follow a very similar path.  Each well starts out with a lot of production, quickly declines in production during the first 1 to 3 [...]

By |2019-02-25T16:02:37-06:00October 1st, 2015|Industry News|

Price of oil stagnates

Price of oil stagnates When the price of oil stagnates it can create issues for mineral owners.  The price of oil settled up 1.7% last week to end at $45.70.  Oil started the year by dropping quickly over the first few months.  Around March mineral owners started to notice a sharp decline in royalty checks.  Over the following few months oil was able to stage a come back.  Oil bounced to around $60/barrel.  This provided mineral owners with a temporary relief and put a few more dollars in their pocket. Fast forward to today and price have been hovering around $45 after the dropped from $60/barrel.   This leaves mineral owners who rely on their royalties in an uncomfortable position.   The royalty checks you were receiving at the end of 2014 and beginning of 2015 have gone down [...]

By |2019-02-25T16:02:37-06:00September 28th, 2015|Industry News|