If you are planning to divest your oil and gas royalties, or if you are working on an estate valuation, we can help guide you through the sometimes confusing world of minerals and royalties. There are no questions too simple or too complicated to ask. When it’s as important as your estate, you need to know. Please feel free to call us, and we can give you objective assistance from an experienced professional.
Here are some of the reasons one might consider selling their oil and gas royalty interests:
Estate Liquidation
Cash Flow Needs
Paperwork/accounting elimination
Asset Re-class (Depletable to Non-Depletable)
Favorable Tax treatment
When someone leaves behind a mineral interest in their estate, sometimes it becomes a burden for the person who receives the inheritance. Whether it’s the unfamiliar paperwork or the burden of maintenance involved, heirs of mineral estates can call Raintree Energy for help. We will gladly help valuate your mineral interest and make an offer.
Absolutely, in fact the large majority of mineral owners we buy from are already leased. You will not be penalized in any way.
There are a couple of ways to figure out your net acreage. First, you can locate the document that transferred the mineral interest into your name (i.e. Mineral Deed, Last Will and Testament, Quit Claim deed). Many of these documents will list the exact net acreage being transferred or at least the percentage that you are receiving. Second, most likely you have signed an Oil and Gas lease within the past couple of years. If you held onto any of that paperwork, especially the paperwork that came with the lease bonus check, it will say in there what your net acreage is. Thirdly, if you remember the price per acre you agreed on for your lease bonus and you remember the total amount of the lease bonus check, some simple division will give you your net mineral acreage. Fourthly, If your minerals are held by production you will have a decimal interest which if you call us we can use a formula to determine the amount of acres you are being paid for by your Oil and Gas Operator.
For the most part, absolutely not. Almost everyone is able to act on their own accord and do what they would like to do with the mineral interest that is in their name.
It can vary greatly according to how much estate planning has been done. If you have all the paperwork, it can be relatively inexpensive to transfer an interest. If you do not have a lot of the paperwork and need legal assistance it can be quite expensive and confusing, especially if you need to split the interest among multiple heirs.
