Selling minerals is a personal decision that depends on risk tolerance and long-term goals. An evaluation of your minerals in today’s market can provide clarity on current value and help you determine whether selling now or waiting is the right choice.

The value of oil and gas minerals depends on several factors, including location, whether the minerals are producing or non-producing, leased or unleased, royalty interest, and current regulatory activity such as spacing, pooling, and permits. Market conditions also influence what a buyer is willing to pay at any given time.

Mineral values can change quickly. What your minerals are worth today may be significantly different six months from now—either higher or lower—depending on activity and market trends.

Take advantage of our expertise by sending us your questions, giving us a call, or completing our form to learn more.

Understanding Mineral Ownership

Mineral ownership is typically documented in the county courthouse where the property is located. In some cases, state tax commission records can also provide helpful information. Because ownership can be layered and complex, confirming what you own may require a title review by a landman.

If you are considering selling or leasing your minerals, we can help. Complete our form and our team will assist in identifying and evaluating your mineral interests.

Mineral ownership can take several forms, which often leads to confusion. Below is a brief overview of the most common types of oil and gas interests.

Mineral Interest

A mineral interest represents full ownership of the oil and gas beneath a property. Mineral owners retain the right to lease the minerals, negotiate lease terms, and authorize development. This ownership type entitles the owner to lease bonuses, delay rentals, and royalty payments generated from production.

Non-Executive Mineral Interest (NEMI)

A non-executive mineral interest owner holds mineral ownership but does not control leasing decisions. While the NEMI owner cannot negotiate lease terms, they are still entitled to receive royalty income and other payments as outlined in the lease executed by the executive mineral owner.

Non-Participating Royalty Interest (NPRI)

A non-participating royalty interest provides the right to receive a portion of production revenue, but without leasing authority or participation in lease bonuses. NPRI interests are carved out of the mineral owner’s royalty and may be structured as either a fixed or percentage-based royalty.

Overriding Royalty Interest (ORRI)

An overriding royalty interest is tied to an existing oil and gas lease rather than mineral ownership. ORRI owners receive a percentage of production revenue for the life of the lease, but the interest terminates once the lease expires. Unlike other royalty interests, ORRIs are typically derived from the working interest and are often created during lease negotiations or development agreements.

If you are unsure what type of mineral or royalty interest you own, our team can help clarify your ownership and evaluate your options. Contact us with questions or complete our form to get started.