Minerals123.com buys mineral rights and royalty rights in oil and gas producing areas of the United States. If you would like to sell some of the risk, we might take it on. If you prefer a "bird in the hand" and are interested in selling all of your mineral rights or producing royalties or even 3/4 or 1/2 of what you own, contact our land department with details and property location.
Why Sell Mineral Rights?
Why would anyone consider selling mineral rights?
The offer is too good to pass up
You could use the extra money
You are up in years and prefer money now rather than the possibility of it being many years away
You prefer to let the buyer assume risk because you understand that things can go wrong with oil or gas wells or even an entire area of an oil or gas "play"
You prefer to sell a portion of your mineral rights and retain the rest, so that with your money from the sale, you are assured of at least some significant cash money regardless of how it turns out for the oil or gas companies in the area
Of course, if you elect to retain your mineral rights, you could end up receiving more money over the long run than what a sale would deliver. Yet, it can also go the other way. And even after achieving production, here are some things that can go wrong with an oil well or gas well.
Mechanical failure of the wellbore, such as a casing leak, forcing abandonment of the well
Salt water encroaches into the wellbore, killing the flow of oil or gas (saltwater is a byproduct of oil and gas production)
Oil or gas production does not last nearly as long as the oil company expected (oil and gas production is a very inexact science)
The price of oil or gas declines a lot, making the production unprofitable to continue
The production of oil or gas is too troublesome and problematic and the company elects to give up
We may be interested in lands anywhere in the USA but currently we are active buying mineral rights in the Haynesville shale play of north / northwest Louisiana and East Texas. In Louisiana, especially the following parishes:
