Mineral Rights Property Types

//Mineral Rights Property Types

Mineral Rights Property Types

By |2019-02-25T16:02:38-05:00August 12th, 2015|Industry News|

Mineral Rights Property Types

As a mineral owner there are three primary types of mineral interest you may own.   Which property type you own is going to play a key role in the value.   It’s important that you fully understand which property type you own.

Producing Mineral Rights

The easiest type of property to identify are producing mineral rights.   You own producing mineral rights when the oil and gas company has already drilled on your property.  Each month you receive a royalty check for your share of the oil and gas production.   This royalty check is the key indicator that you own producing mineral rights.   If you do not receive a royalty check each month (or every few months) then you have non-producing mineral rights.

The nice thing about producing mineral rights is that there is a high demand for them.  When you sell oil and gas royalties there will be a large number of people who make offers on your property.  Check out our article about the value of royalties to learn more about what your producing mineral rights are worth.

Non-Producing Mineral Rights – Unleased

When an oil and gas company decides they want to drill in an area, they must lease the property.   If you are not receiving a royalty check each month and you have not signed a lease agreement, you have non-producing unleased mineral rights.   The value of non-producing unleased mineral rights is the most difficult to determine.  The reason is that there is not a high probability of any drilling taking place soon.   The property will first need to be leased and then drilled on which will easily take 5+ years.

Non-Producing Mineral Rights – Leased

If you are not receiving a royalty check each month but you have signed a lease agreement, you own non-producing mineral rights that are currently leased.   This is a good situation to be in because it means that an oil and gas company intends to drill on your property in the next 5 to 10 years.   In addition, it means there will be demand from buyers are who are interested in purchasing your property.    You have the flexibility to sell mineral rights now or wait and see if drilling takes place and you start receiving monthly royalty checks.

Questions about Mineral Rights Property Types?

If you are unsure which property type you own, reach out to us using the free consultation form.  We speak to mineral owners all the time and we are happy to discuss your property with you.

Contact US Mineral Exchange:

If you have questions about your mineral rights, we’re here to help!  We speak with mineral owners every day and we look forward to hearing from you.  Please don’t hesitate to fill out the form below with any questions and our friendly team will respond quickly.

Free Consultation

Your Name

Your Email

Your Phone #

Average amount you receive each month:

Is the property leased?:

Do you have any offers?:

If you have check stubs, lease agreements, deeds, or other documentation, upload those documents here:

Tell us a little about your property and what you hope to accomplish? Please include state and county of property.

Common Questions

The more information you can provide about your property the better! We can give you a better idea about the value of selling mineral rights if you provide more information. The most important thing we need to know is the state, county, and net mineral acres owned. Any additional documentation you can provide is extremely helpful!
If you are just looking for information and do not want to sell mineral rights, fill out the form anyway! We’re here to help answer your questions. If you just want to better understand your mineral rights, we’re happy to help. We get inquiries every day from mineral owners with questions about the value of their mineral rights. We just hope you’ll remember us when you do decide to sell mineral rights!
Absolutely not! When you submit an inquiry form with information about your mineral rights, you are not obligated to anything. If you do end up deciding to sell mineral rights, you will never be obligated to accept any offers you receive! When you list mineral rights at US Mineral Exchange, you have the ability to see what the market is willing to pay for your property and then decide if you would like to sell with zero obligation.
We typically respond to inquiries in less than 12 hours and usually within hours of submitting the contact form. At US Mineral Exchange our goal is to be available to mineral owners as a resource so we pride ourselves on quickly replying and communicating with mineral owners.
At US Mineral Exchange, we take privacy very seriously. We will NEVER sell your information or use it without your consent. When you send us documentation or tell us about your property, that information does not go outside our company without your consent. Even when you list a property for sale on our website, we strictly control who has access to the information about your listing so that only legitimate buyers will be able to see property details.
Our goal at US Mineral Exchange is simple. We help mineral owners connect with a large network of mineral rights buyers who compete to pay you the highest possible price. What does this mean for you? When you list at US Mineral Exchange, you have the best chance of getting the highest possible offer.

Many mineral owners make the mistake of finding a couple buyers and requesting a quote. They then accept an offer far below market value because the buyers they found weren’t the ones willing to pay the highest price. When you list at US Mineral Exchange, it allows all the buyers to come to you which means more cash in your pocket. We frequently speak with mineral owners who have an offer in hand but want to know if it’s fair. After listing at US Mineral Exchange, they get a higher offer than the one they had almost every time.

The reason that so many mineral owners decide to sell mineral rights at US Mineral Exchange is access to our large network of mineral rights buyers. Our goal is to help you get top dollar for selling mineral rights by getting your property in front of a huge audience of buyers. This allows buyers to compete against one another which ensures you get fair market value for selling mineral rights.
There are absolutely no costs to list your property. We operate using a success-based fee. Meaning that if we cannot get your property sold, you owe us absolutely nothing. All offers we present to you are net of our commission. If you accept an offer presented, the buyer or the buyers closing agent pays us our commission directly at closing. You never have any out of pocket expenses – EVER.