Mineral rights value calculator
This mineral rights value calculator turns your average monthly royalty into a rule-of-thumb range for what buyers often pay for producing mineral rights. It takes ten seconds and doesn't ask for your details.
Your estimate
Based on 36 to 60 months of income
$43,200 to $72,000
Middle of the range: $57,600
How the mineral rights value calculator works
For mineral rights that pay royalties now, buyers usually start from current income. A common rule of thumb is three to five years of it, or 36 to 60 months of your average check, and that is what this mineral rights value calculator multiplies.
The drilling outlook shifts that range. If new wells are permitted or planned in your unit, buyers expect income to grow and may pay more, so the calculator uses 48 to 72 months. If your wells are older and nothing new is planned, it uses 24 to 48 months.
Don't know your monthly royalty yet? The oil and gas royalty calculator works it out from your acreage, lease royalty and the volumes on your check stub.
Treat the result as a starting point for comparing mineral rights offers, not as a price. Two buyers can value the same interest very differently, which is why the next step after any mineral rights value calculator is real offers from buyers active in your county.
Mineral rights that don't pay royalties yet
A mineral rights value calculator needs income to multiply, so non-producing mineral rights are priced differently: per net mineral acre. What buyers pay depends on drilling nearby, whether your minerals are leased, and how close you are to the best parts of a play. Acreage next to new horizontal wells can sell for thousands of dollars an acre; acreage far from any activity may draw little interest.
To find out what yours are worth, the quickest route is to ask buyers active in your county.
Mineral rights value by state
Mineral rights prices depend on the basin and on how active drilling is near you. Each state's mineral rights value guide covers what buyers look at there.
- Texas mineral rights valuePermian Basin (Midland and Delaware) · Eagle Ford Shale
- Oklahoma mineral rights valueSCOOP and STACK (Anadarko Basin) · Arkoma Basin
- New Mexico mineral rights valueDelaware Basin (Permian) · San Juan Basin
- North Dakota mineral rights valueBakken and Three Forks (Williston Basin)
- Ohio mineral rights valueUtica and Point Pleasant shale (Appalachian Basin)
- Pennsylvania mineral rights valueMarcellus Shale · Utica Shale
- West Virginia mineral rights valueMarcellus Shale · Utica Shale
- Colorado mineral rights valueDJ Basin (Denver-Julesburg) · Piceance Basin
- Louisiana mineral rights valueHaynesville Shale
- Wyoming mineral rights valuePowder River Basin · Green River Basin
Mineral rights value calculator questions
How accurate is this calculator?
It gives a rule-of-thumb range, not an appraisal. Real offers depend on how fast your wells are declining, whether new wells are planned, your lease terms and title. Offers from buyers who have reviewed your records are the only firm number.
Why do buyers use months of income?
Because a buyer is paying today for income it expects to collect over many years. Expressing an offer as months of your current income makes offers easy to compare. A common rule of thumb for producing minerals is three to five years of income, or 36 to 60 months.
How do I value minerals that don’t produce?
There’s no income to multiply, so buyers price non-producing minerals per net mineral acre, based on drilling activity nearby, lease status and location. Prices range from very little in areas with no activity to thousands of dollars per acre next to new wells. Getting offers is the most reliable way to find out.
Should I use gross or net royalty?
Use what you actually receive after taxes and deductions, averaged over the last 6 to 12 months. That’s what buyers value.
Turn the estimate into real offers
Tell us your state and county. Buyers active there send offers; you compare them and decide. Free to you.