Questions about selling mineral rights
Short answers to what owners ask before they sell mineral rights: fees, value, taxes, inherited minerals and timing. If a word on a lease, check stub or offer letter is new to you, look it up in our oil and gas glossary; for more depth, see the mineral rights guides.
Does it cost anything to get mineral rights offers?
No. Mineral rights buyers pay us when we introduce an owner to them. You pay nothing, and asking for offers never obliges you to sell your mineral rights.
Are you a mineral rights buyer?
No. We match you with independent mineral rights buyers who are active in your state and county. You talk to them directly, compare what they offer for your mineral rights, and sign only with the buyer you choose.
How many mineral rights buyers will contact me?
Up to three, chosen by your state and county. If no buyer we work with covers your area, we tell you rather than passing your details on.
What do I need to get an offer on my mineral rights?
Your state and county are enough to start. Buyers can make firmer mineral rights offers if you also have a recent royalty check stub or owner statement, your net mineral acres, or a deed or legal description.
How are mineral rights valued?
For mineral rights that pay royalties, buyers start from your monthly income and how fast the wells are declining. A common rule of thumb is three to five years of current royalty income. For mineral rights that don't pay yet, value depends on drilling activity nearby, lease status and location. Our mineral rights value calculator gives a rough range; real offers can land above or below it.
Can I sell only part of my mineral rights?
Yes. Many mineral rights buyers will purchase a portion, such as half of your interest, so you take some cash now and keep royalty income from the rest.
How long does a mineral rights sale take?
Buyers usually review title and recorded documents before closing. Simple mineral rights sales often close within a few weeks; inherited minerals that need title work can take longer.
How is a mineral rights sale taxed?
Proceeds from mineral rights held longer than a year are usually taxed as long-term capital gains rather than ordinary income. Inherited mineral rights generally get a stepped-up basis at the date of death, which can reduce the taxable gain. Ask a tax professional about your situation before you sign, and read our guide to mineral rights taxes first.
My mineral rights are inherited and not in my name yet. Can I still sell?
Usually, yes. Title may need to be updated first, through probate or, in states such as Texas, an affidavit of heirship. Many mineral rights buyers help with this work as part of the purchase.
What happens to my information?
We share it only with up to three mineral rights buyers who cover your area, so they can contact you about your minerals. We don't sell it to marketing lists. You can ask us to delete it at any time.
See what buyers would pay
Tell us your state and county. Buyers active there send offers; you compare them and decide. Free to you.