Sell Your Mineral Rights

Selling your mineral rights and oil and gas royalties is easy - it's the decision to sell that can be difficult. We won't pressure you to sell. We are here to give you information so you can make an informed decision - one that you feel good about.
4 Steps to Selling Your Minerals:
1. Request an Offer from Blue Mesa Minerals
Request an offer and we'll be happy to evaluate your mineral rights. We consider a variety of factors when determining the value of your mineral rights.
2. Submit Supporting Documents
Simply upload the last few months of royalty statements and any supporting documents (leases, deeds, etc).
3. Review and Accept Offer
We will review and appraise your mineral rights and provide you with a competitive offer.
4. Sign the Deed and Receive Your Payment
Once we agree on a sales price a closing date will be scheduled. You will sign the paperwork and we will wire the funds (or send a check).
Get an offer for your mineral rights at:
bluemesaminerals.com/sell-oil...
Sell your minerals with confidence - Blue Mesa Minerals is accredited with the Better Business Bureau (BBB). Check out our rating at: www.bbb.org/us/tx/plano/profi...

[@toddboothbee1361]

Hi! Isn't it bad practice for the seller to send in the signed deed before receiving payment? Shouldn't an escrow officer be used as with other real estate transaction? Thanks for your information!

[@BlueMesaMinerals]

That depends. I would not recommend that a mineral owner sends the original signed deed before receiving payment. However, it's fine to send a picture or scan of the deed as proof of execution, so the buyer feels comfortable wiring the funds. Once the mineral owner receives the funds, they can send the original deed. This is generally how it works. Surprisingly, escrow services do not work with minerals, even though they are real property.

[@toddboothbee1361]

@@BlueMesaMinerals Wow. Thanks for your generosity with information and education. Dealing with something I'm ignorant of and might have major affect on my life is a bit scary. And I'm not much into gambling, if I can help it. I'd be a strictly a numbers guy when it comes to money, but there's no natural gas bluebook, as far as I know. It's a dark art, at least for me. Thanks for providing concrete reality. Funny how escrow services don't work with minerals, another mystery for now. I very much appreciate your help.

[@calvinm1866]

Do you pay people fairly based on the information you gather or do you immediately lowball?

[@DannahBlumenau]

I'm not sure what you are asking. People don't pay me. I do quite a lot of research and due diligence about a mineral property before extending an offer. Sometimes I don't extend an offer, but I usually have some advice to give.

[@calvinm1866]

@@DannahBlumenau I guess I could've been clearer. How much do you charge to assess to see how much the minerals are worth? I have some wells in Louisiana that I'm thinking about selling. I've been getting about $500 a month but one time it was a thousand.

[@DannahBlumenau]

@@calvinm1866 There are mineral valuation firms that can do a very detailed analysis. I recommend that route if you are looking for an estate or tax valuation or if you own very valuable minerals. The downside is that these valuations can charge quite a bit. If you are considering selling, you can request an offer from several companies. They won't charge you, and you aren't under any obligation to sell (unless you sign a contract to sell). I don't buy minerals in Louisiana because the laws differ from all the other states. However, there are a lot of companies who would be happy to make you an offer.

[@calvinm1866]

@@DannahBlumenau Okay, thanks. The company that is doing the drilling is Chesapeake Energy. Would they be able to tell me how much it's worth or would I have to get a separate company to do it?

[@DannahBlumenau]

​@@calvinm1866 No, you'll have to pay for a valuation or get offers from actual buyers. The operators will not tell you how much your minerals are worth. Mineral valuations are quite subjective and change with market conditions.

[@brandonGCHACHU]

Why are oil and gas risky to buy? Is it because they run out

[@BlueMesaMinerals]

Oil and gas mineral rights are risky for a lot of reasons. If you buy non-producing minerals, you might spend money on something that will never be drilled and therefore never generate revenue. You might pay too much for non-producing minerals and even if someone drills a well, you might never get a return on your investment. A low-producing well might be drilled and be plugged after a few years. You might buy minerals in an area where the oil and gas reservoir has already been depleted. A company might lease your land and drill a dry hole, which might discourage other operators from drilling in the same area. There might be a history of dry holes on the tract of land that you purchase (this may or may not be a big deal). The tract of land might be held by production (HBP) from an old well producing 1-2 barrels of oil a day, preventing other operators from drilling new wells. Similarly, when buying producing minerals, you might overpay and never see a return on your investment. You might buy something during the first few months of production, not realizing that the well may decline rapidly, only producing 40% as much in a year's time (just an example, but one that I see all the time in auctions). You might pay a premium for a property in the Permian Basin, expecting the operator to drill 12 stacked horizontals but find that they are holding the lease with a single well while they drill wells in other tracts of land for decades. You might pay a premium of the latest shale play only to have the burst in a few years, devaluing your property. You might have a hugely successful well, but the lack of pipeline infrastructure causes the operator to flare the gas or pay to get rid of it. The price of oil or gas could drop, making it too expensive to operate the well. You might buy an interest in a property operated by an operator with a bad reputation. You might buy royalty interest in a property that has unfavorable lease terms (this is bigger than it sounds). You might buy on Overriding Royalty Interest (ORRI), only to find that the well is barely producing and the operator releases the lease before you've seen a return on your investment. Non-operated working interest owners are sometimes stuck contributing more than their fair share of the operating costs. Working interest is especially risky - for a whole other list of reasons. These are just a few examples. And of course, all oil fields eventually run dry and revenue checks decline over time (horizontal wells decline much faster than vertical wells). Oil and gas are finite resources.

[@brandonGCHACHU]

@@BlueMesaMinerals wow! Thank you for information. Much appreciated

[@BlueMesaMinerals]

@@brandonGCHACHU Sure - I hope it was helpful. Thanks for the question. Maybe I should do a video about this topic.

[@raphaelcabrera1271]

How normal people can have access This mineral to earn income?

[@BlueMesaMinerals]

You can buy mineral rights. The easiest way to buy them is at auction, but there are a LOT of pitfalls and things to watch out for. You have to really know what you're doing or you'll never get a return on your investment. Oil and gas are one of the riskiest investments out there. Here's more info on buying mineral rights through auctions, mineral brokers, and a few other ideas: mineralrightsinsight.com/how-to-buy-mineral-rights

[@calvinm1866]

Hey, do you know anything about Arete Acquisitions? Do they look legit to you?

[@dannahblumenau2140]

I have not heard of them, but that's not surprising because there are so many mineral buyers. It's hard to tell if they look legit because anyone can build a professional-looking website. You might have to rely on your own judgment and instinct.

[@calvinm1866]

@@dannahblumenau2140 Okay, thanks. I just find it kind of weird that they sent me a letter but not my sibling who I share the land with.

[@BlueMesaMinerals]

@@calvinm1866 That is kind of strange. Typically, they send letters to all interest owners (or owners within a specific value range). It could be that the tax rolls have an old address for your sister, and that's why she didn't get the letter.

[@calvinm1866]

@@BlueMesaMinerals Yeah, I don't know what going on. They aren't available until Monday so I'll probably call them. I know you don't buy mineral rights in Louisiana but do you know anyone that you can recommend?

[@BlueMesaMinerals]

@@calvinm1866 The one person I know who buys in LA is not buying right now. With gas prices at $8 per MCF and oil at $110 per bbl, it's a great time to sell but a terrible time to buy. Prices won't stay high, but if the offer is based on a more reasonable commodity price, it looks very low compared to current checks. You can Google Louisiana Mineral Rights and probably find several companies to contact for competing offers.

[@jamiepark8359]

I have minerals I need to sell if your interested. This is very complicated for me to understand

[@BlueMesaMinerals]

I'll be happy to do some research and potentially make you an offer. Please call me at 214-444-8805 or send me an email at [e-mail].

[@hatimwachich7424]

Me to I have mineral and I want to sell can you give your number to show you all mineral I have