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Mineral Rights Information Resource Guide
At The Mineral Auction we strive to provide mineral owners with the information and resources to make information decisions about what to do with their royalty interest, mineral rights, and other issues relevant to a property owner.
Understanding mineral rights can be confusing as ownership is vastly different compared to being a surface owner. The following guide is designed to help you gain a basic understanding of what options are available to you as an owner.
Guide Content’s
An introduction to the different mineral rights stakeholders
The revenue generated from mineral ownership over materials such as coal, minerals, oil, and natural gas are generally split between the owner of the mineral rights and the company that extracts the resources from the ground. However, there can also be other stakeholders between which the income would be divided. They are:
- Royalty interest owner – Receives a portion of income from the mineral rights, but does not own any mineral properties. Landmen, geologists, and brokers who were able to reserve an interest in the mineral properties, but are not the owners of the mineral properties, are considered royalty interest owners
- Working interest owner – Refers to the entities that bear production costs in the extraction of minerals. The company itself, or the contractor drilling the mineral resources, are considered working interest owners
Understanding the details behind mineral rights ownership and sale can be very challenging without the help of qualified and experienced mineral rights brokers who truly understand the needs of mineral rights sellers. To learn more about your mineral rights and how to sell them in Austin, consult with our team at The Mineral Auction by calling (512) 698-2802 today.
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