Ownership:

What are My Minerals Worth?

If you are a mineral owner, you’ve probably wondered what your minerals are worth. Perhaps you have received an unsolicited offer to buy your minerals or you need to determine an estimate of value for…

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DIVISION ORDERS

If you have leased your mineral rights and the oil and gas company has drilled a successful well, you will receive another legal document to sign before you start receiving your royalty payments: the division…

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TERMS OF AN OIL AND GAS LEASE

There are many terms that can be found in an oil and gas lease. Most of these terms are negotiable to some degree. Below is a summary below of the most common terms found in…

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BASICS OF THE OIL & GAS LEASE

Among the rights that come with the ownership of a mineral interest is the right to explore for and produce the minerals. Since this would be impractical for almost all of us, the ownership of…

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DUTIES OF MINERAL OWNERSHIP

The National Association of Royalty Owners (NARO), the nation’s largest organization which represents owners of mineral rights, suggests that there are “ten duties” of mineral owners. We at MyMineralRights.com believe these “ten duties” are worth…

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FRACTIONALIZATION

Bequeathing Mineral Rights Mineral rights are commonly inherited and passed down from one generation to another within families. People who own minerals commonly obtain their mineral rights via inheritance from an older relative and plan…

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