how is price of mineral rights determined? Sell or lease? - GoHaynesvilleShale.com2024-03-29T13:05:43Zhttps://gohaynesvilleshale.com/forum/topics/how-is-price-of-mineral-rights?feed=yes&xn_auth=noYou are a prince! Thank you f…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16544002010-11-15T23:37:17.100Zgummipuppehttps://gohaynesvilleshale.com/profile/Cookie243
You are a prince! Thank you for the map and info.
You are a prince! Thank you for the map and info. The property we have is in th…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16543942010-11-15T23:35:26.793Zgummipuppehttps://gohaynesvilleshale.com/profile/Cookie243
The property we have is in the Eagleford shale near Cotulla Texas.
The property we have is in the Eagleford shale near Cotulla Texas. We inherited these mineral ri…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16543882010-11-15T23:33:51.663Zgummipuppehttps://gohaynesvilleshale.com/profile/Cookie243
We inherited these mineral rights from our father who was in the real estate business part time in what used to be the sleepy town of Cotulla. Apparently he flipped the property, keeping the mineral rights. He passed away 25 years ago, so I doubt the 10 year limit. I am in touch with the courthouse, hoping to get some survey info and / or deed facts. Thank you so much.
We inherited these mineral rights from our father who was in the real estate business part time in what used to be the sleepy town of Cotulla. Apparently he flipped the property, keeping the mineral rights. He passed away 25 years ago, so I doubt the 10 year limit. I am in touch with the courthouse, hoping to get some survey info and / or deed facts. Thank you so much. Thank you for your reply and…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16543792010-11-15T23:28:44.441Zgummipuppehttps://gohaynesvilleshale.com/profile/Cookie243
Thank you for your reply and great info. I am 4000 miles away and can not get any info on it. Patience is virtue. LOL
Thank you for your reply and great info. I am 4000 miles away and can not get any info on it. Patience is virtue. LOL To be clear about the differe…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16538882010-11-15T19:36:14.418ZDan Arnoldhttps://gohaynesvilleshale.com/profile/DanArnold
To be clear about the difference between leasing the mineral interest vs selling the mineral interest, leasing is for a limited period of time and includes bonus money and royalty from possible production. Selling that mineral interest is exactly that, exchanging ownership of the mineral interest for a one time payment.<br />
For a person who does not own the surface land, but has mineral ownership I generally recommend not selling, because once they are sold, there will never be anymore revenue to…
To be clear about the difference between leasing the mineral interest vs selling the mineral interest, leasing is for a limited period of time and includes bonus money and royalty from possible production. Selling that mineral interest is exactly that, exchanging ownership of the mineral interest for a one time payment.<br />
For a person who does not own the surface land, but has mineral ownership I generally recommend not selling, because once they are sold, there will never be anymore revenue to you from those minerals. Long term benefits of mineral ownership include the possibility of regular income from lease bonuses, to yourself or your family, and (if they own the rights to royalty) in the event of production, regular paychecks for the life of the well(s), either in the near term or for future generations. I say generally, because there are of course instances in which the benefits a person might get from the sale of their mineral ownership could be a life saver in the short term. Many believe that no one should ever sell their mineral interest for any reason.<br />
There are plenty of individuals and outfits out there that will buy the mineral and/or royalty rights, at prices set by them. There is no simple formula to determine actual value as there are far too many unknowns and variables.<br />
Lease bonuses are determined by negotiation between the Lessor and the Lessee, within the local market parameters, IE Haynesville Shale lands vs some other land miles away . The difference of the value of land for lease can be sharply different within a surprisingly short distance. This is why the question of exactly where your mineral interest is located is so important. Northern portion of La Salle…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16524882010-11-15T02:42:14.276ZDJGhttps://gohaynesvilleshale.com/profile/DGaar
Northern portion of La Salle county is situated nicely in the lower/Southern oil window for the Eagle Ford with recent well reports on completions falling in the 400 to 900+ barrels of oil range. Southern portion of the county looks to be in the wet gas window, which is also profitable production potential.<br />
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Your survey/abstract looks like it is situated in the NW region of the county so it would be likely that you are looking good in the oil window.<br />
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I wouldn't plan on selling your minerals,…
Northern portion of La Salle county is situated nicely in the lower/Southern oil window for the Eagle Ford with recent well reports on completions falling in the 400 to 900+ barrels of oil range. Southern portion of the county looks to be in the wet gas window, which is also profitable production potential.<br />
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Your survey/abstract looks like it is situated in the NW region of the county so it would be likely that you are looking good in the oil window.<br />
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I wouldn't plan on selling your minerals, as the long-term prospects for your acreage should likely play out nicely for you and your family.<br />
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Good luck.<br />
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<p style="text-align: left;"><img width="721" src="http://storage.ning.com/topology/rest/1.0/file/get/2167648026?profile=RESIZE_1024x1024" alt=""/></p> Henry, are you talking about…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16524202010-11-15T02:10:51.627ZMac Davishttps://gohaynesvilleshale.com/profile/MacDavis
Henry, are you talking about lease bonuses for people <b>leasing</b> their minerals or sale price for people <b>selling</b> their minerals?
Henry, are you talking about lease bonuses for people <b>leasing</b> their minerals or sale price for people <b>selling</b> their minerals? None of us really knows how t…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16523762010-11-15T01:56:08.355ZHenryhttps://gohaynesvilleshale.com/profile/Henry48
None of us really knows how to determine the "true" price of minerals in the Haynesville Shale. But, I was told by one attorney that people selling minerals, that are leased at 25% royalty, are typically getting $5500 - $7500 per acre, depending on location, lease terms, etc. This was for Louisiana land in good areas.
None of us really knows how to determine the "true" price of minerals in the Haynesville Shale. But, I was told by one attorney that people selling minerals, that are leased at 25% royalty, are typically getting $5500 - $7500 per acre, depending on location, lease terms, etc. This was for Louisiana land in good areas. By the way, if they offered y…tag:gohaynesvilleshale.com,2010-11-15:2117179:Comment:16523442010-11-15T01:37:54.417ZMac Davishttps://gohaynesvilleshale.com/profile/MacDavis
By the way, if they offered you $1500 an acre, they have calculated the probable final value of the minerals is a LOT more. Doesn't mean they're right or that you'll be able to get a better offer.<br />
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You'll see a lot of discussion on this site about 10 year limits on mineral ownership. I don't believe that that applies in Texas, but verify this yourself. IANAL.<br />
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<i>"People want to buy the mineral rights and said if the property is south, I am probably in a donut hole and it is not worth…</i>
By the way, if they offered you $1500 an acre, they have calculated the probable final value of the minerals is a LOT more. Doesn't mean they're right or that you'll be able to get a better offer.<br />
<br />
You'll see a lot of discussion on this site about 10 year limits on mineral ownership. I don't believe that that applies in Texas, but verify this yourself. IANAL.<br />
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<i>"People want to buy the mineral rights and said if the property is south, I am probably in a donut hole and it is not worth much."</i> They could be right, but take anything a buyer says with a large grain of salt. Take anything you get told in the oil and gas business with an even larger grain of salt. That is encouraging, thanks f…tag:gohaynesvilleshale.com,2010-11-13:2117179:Comment:16506422010-11-13T18:07:12.424Zgummipuppehttps://gohaynesvilleshale.com/profile/Cookie243
That is encouraging, thanks for the info.
That is encouraging, thanks for the info.