If you’re looking to sell your gas, oil or mineral rights, you may be whirling with questions on where to begin, how to find a buyer or how to set a fair price for your property rights. You deserve a comprehensive and fair evaluation of your mineral rights considering its location and the current market. An experienced mineral broker at The Mineral Auction will conduct a free consultation on your property and guide you through the legal procedures to get as much money as possible for your mineral rights.
Since 2008, the oil, gas and mineral rights brokers at The Mineral Auction have represented thousands of people all over the state of Texas and nationwide.
Over the last nine years, we have earned a national reputation for our significant mineral rights awards and our expertise in the most complex and technical areas of mineral auctioning. While many of our clients have property in West and South Texas particularly in the Eagle Ford Shale and Permian Basin, we also specialize in other locations in Texas including the Mississippi Lime Shale, Haynesville Shale, Utica Shale, Marcellus Shale, Granite Walsh Shale, Brown Dense Shale, as well as in Oklahoma, North Dakota, Pennsylvania, West Virginia, and Ohio.
For more than nine years, The Mineral Auction has been a fixture in the nationwide mineral auction community. The people we represent aren’t just our clients – we view them as our friends and neighbors. We will work diligently to ensure properties are thoughtfully and adequately presented to buyers.
The sale of mineral, oil and gas rights can feel like an enormous undertaking for a property rights’ owner. You may have questions such as, how can I be sure I’m receiving as much money as my property rights are worth? How do I prepare to sell and what documentation is required? Do I need a broker?
We recommend that anyone looking to sell their mineral rights seek the assistance of a mineral rights broker. To penetrate the industry, an established network of buyers is essential. Without a commissioned broker, serious and committed buyers may not have the necessary or thoroughly documented information required to purchase your rights.
On the other hand, a greedy broker may not be considering your best interest when facilitating the sale of your property rights.
An established broker in the industry will work to reduce your financial risk and explain the benefits of selling your property rights. When you seek the assistance of a mineral rights broker, your rights are put up for auction for thousands of purchasers to view. This system then creates a competition amongst buyers, causing the price of your property rights to increase and ultimately generates more money for you.
Selling mineral rights can be a tedious and overwhelming process. Let us handle the research, paperwork, and ensure the correct legal procedures are being implemented so that you can have some peace of mind that the sale of your property rights’ is being taken care. We offer a free evaluation and set our fees based on the price you receive for your rights.
How do you know who you can trust to receive a fair amount of money for your property rights? How do you know which broker is right for your property? The fact remains that not all mineral rights brokers are equally qualified to sell property rights. Choosing the right broker may determine the price you receive for your oil, gas or mineral rights.
These are some of the factors that set The Mineral Auction apart:
Contact us by chatting live with one of our representatives by clicking the grey banner to the left of your screen, fill out our email form or call our offices at (512) 698-2802. We offer a free online evaluation, and our fees are tied to the price you receive for your mineral rights, so we’re determined to put forth our best efforts to ensure you get as much money as possible.
Selling your mineral rights, gas rights, and oil rights can offer you and your family a chance at financial independence and stability that few other assets can generate. In our years of experience, we have encountered many different reasons for people to take the leap and put their rights and royalties up for sale, including the following:
According to the U.S. Energy Information Administration, Texas produced more crude-oil than any other state in the year 2015.
Texas produced more natural gas than any other state, contributing 27% of U.S. marketed natural gas production in the country.
The Railroad Commission of Texas reported that as of 2016, there were 101,339 producing gas wells in Texas producing 5,665,460,100 million cubic feet per year.
In another report from the Railroad Commission of Texas, it was reported that there were 178,927 producing crude oil wells in Texas in 2016. On average, each well produced 14.88 barrels per well. The RRC reported stated that in July 2017 alone, there were 91,394,471 barrels produced of crude oil, condensate, total oil and of gas well gas, casing head gas and total natural gas.
The U.S Geological Survey released a publication in 2013 stating the value of nonfuel mineral production in Texas was $3.74 billion, which is 5% of the total nonfuel mineral production in the U.S. The state of Texas is ranked fourth in the Nation for nonfuel mineral production. Texas was listed as the leading producer of common clay, crushed stone, dimension stone, gypsum, and Portland cement in the nation. Texas also “ranked third in the production of bentonite, industrial sand and gravel and masonry cement.”
First, different mineral rights buyers have different valuation matrices and different opinions on specific locations.
Second, most buyers are out to give the sellers the least they can to boost their margins.
Lastly, without a competitive environment, the seller doesn’t have the leverage they need to request a higher offer for their mineral rights.