The #1 reason you're getting offers on your minerals

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Tracy Lenz

Tracy Lenz

Күн бұрын

Пікірлер: 55
@LH-fh5yw
@LH-fh5yw 5 ай бұрын
Thank you. I think the way I will look at it is I will get over the life of the well at least twice what is being offered.
@PecanTreeOG
@PecanTreeOG 5 ай бұрын
That’s a good way to plan for it!
@bashhalow2729
@bashhalow2729 7 ай бұрын
So helpful! Thank you!
@ALittleOG
@ALittleOG 2 жыл бұрын
Keep in mind, mineral buyers are often using a weighted average approach to predicting future production, this means if your well comes in below that average, the value will be reduced also. Anither thing to keep in mind is that many permits actually expire without being drilled (more familiar with states other than Texas, this is especially the case in states like WY), so also keep that in mind when negotiating- there is still risk on your end if you choose to go back and forth with the buyers.
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
Yup, the risk on waiting to see how good the well is might not always play on your favor! Also true on the permits, especially if it’s anywhere NEAR federal/state lands.
@aliciacastillo5580
@aliciacastillo5580 2 ай бұрын
What is the difference on mineral rights surface rights and rights below the surface?
@ALittleOG
@ALittleOG 2 жыл бұрын
Certainly agree with getting other owners on board, this is a sure fire way to increase the value to the buyer!
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
Also true for most services! I know it is on the engineering/appraisal side.
@drewjarrell
@drewjarrell 5 ай бұрын
Thank you for your video. I’m considering selling my gas wells in Seminole Texas. I would love to talk to you
@pasheawoo1105
@pasheawoo1105 3 ай бұрын
I currently own 69 NRA and it’s producing. I have a company interested in buying in just waiting on the letter so that I can negotiate . On one of the wells it showed the gross amount was in the millions. Is this a good thing or something I shouldn’t sale? Just trying to figure out which direction to go in. My land is in cass county(Texas)
@PecanTreeOG
@PecanTreeOG 3 ай бұрын
Production is always a good sign when looking to get a better price to sell, but can also be a sign that there might be more production on the way (there's an old adage "the best place to find oil is where there's oil" meaning there's a better chance of there being MORE oil where there already is oil, than new oil being found where there isn't oil known already). The gross numbers can be very misleading though, considering you only probably have ~2% of the revenue on any well producing. 2% of millions isn't nothing though, for sure. If you can find the property on www.pecanestimate.com our tool can tell you what our estimate of market value is for the 69 NRA and if there are any new permits, drilling, completions, etc. to look out for in the valuation.
@srich4490
@srich4490 11 ай бұрын
You ROCK, young lady… ❤
@PecanTreeOG
@PecanTreeOG 11 ай бұрын
Thank you so much!!
@rodneyleonard8714
@rodneyleonard8714 10 ай бұрын
I have a 40 acre chunk of land (part of 56 acre total) and a company, "swan Land" has offered me $2000 an acre on the 40 acre chunk, out of the blue. Why? It's land locked, and seemingly not worth that much. Why? Do they know something i don't know? How do I find out why? Thank you, I really could use the money, living in poverty, etc.
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
There’s probably horizontal drilling that will soon include your land in the larger unit. Most horizontal drilling can include 640-1280 (or even up to 2540) acres of land in the designated drainage area, meaning anyone in that radius would get their share of royalties. Where is the property? If you’re able to find it and draw it on our new site map.pecantreeog.com I can let you know if I see anything
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
But also, yes, they absolutely know something you don’t. Even if you were a seasoned o&g industry professional I’d advise you to approach this like they have inside information, but it’s especially true since you’re not a professional in the industry. It’s a weird industry.
@jillhal5463
@jillhal5463 9 ай бұрын
In 2011 Columbiana County Area leased for 5 Years for $5,800 an acre to CHK who didn't drill in the area for 5 years causing the leases to expire. No drilling required CHK to cancel/release the leases back to the owners. The leases were for a 20% No Deduction, fair market value at the well head. All of Ohio is No Deduction per State Law and upheld by OHS Court in 2016. I went to Commercial Arbitration, which was treated as a joke. The Military & NSA know how & Why. The end won't be pretty for those we elected then did not follow their oath of office. Problem is Columbus took money from Brinks Trucks, video & audio on file with the NSA and Our Military. Ohio has been under RICO Fraud by all producers in the state since 1/1/2011 but there is no Law in Ohio due to Treason at the top. The Military is the Only Way. See Military Tribunals for Citizens, updated March 2018 by djt. Federal Register. THIS IS NOT A JOKE, it is DEAD SERIOUS FOR ALL INVOLVED. It would be wise to have the Ohio Militia Muster in Columbus to keep the Tyrant Government in check while we wait for Our Military to make Ohio a PRIORITY to round up and Drain Our Swamp. In the future we will have 25% Royalty, No Deduction Leases uniform coast to coast. It is the only fair way to take Our Minerals. That has never happened since 1875 at Oil City, PA.
@JOHNMCDAVID-k4l
@JOHNMCDAVID-k4l 7 ай бұрын
Hi, I talked to you a few weeks back. I have mineral rights in Eddy county section 13 (22) nm acres. I got a few offers. One company (L/B) nma first 2500 1/5 then went 4500 1/4 now I got them to 6500 1/4 3yr 0 option. Still going back and fourth on details. Just yesterday received offer to buy for over 400k this company made offer back 2019 I said we were not interested in selling some family sold there 1/4 interest. What I do know is they plan on pooling sec 13-14 and there are pipelines heading that way. Conoco phillips is there. Some of these guys told me conoco is there play. I thought 6500 3yr was good now I'm not sure. what is going on there in Eddy county NM?
@PecanTreeOG
@PecanTreeOG 7 ай бұрын
Got your voicemail but this week has been crazy! Will give you a call back next week :).
@alexpratt99
@alexpratt99 Жыл бұрын
Also we haven’t signed anything but we are getting offers
@alexpratt99
@alexpratt99 Жыл бұрын
Yeah we keep getting letters
@PecanTreeOG
@PecanTreeOG Жыл бұрын
Do y’all have new permits, or just in a good area?
@alexpratt99
@alexpratt99 11 ай бұрын
Idk anything about permits lol I live in Indiana county pa
@alexpratt99
@alexpratt99 11 ай бұрын
What do you mean “new permits”
@PecanTreeOG
@PecanTreeOG 8 ай бұрын
(Sorry had my notifications set wrong and just saw this) Ah ok, if you’re able to find the property on map.pecantreeog.com we can let you know if there are permits or what’s going on, or we can help you find it if you’re not sure where it is (if it’s not your homestead, for example)
@alexpratt99
@alexpratt99 Жыл бұрын
How do I tell if they filed a permit though?
@PecanTreeOG
@PecanTreeOG Жыл бұрын
What state are the mineral in?
@alexpratt99
@alexpratt99 11 ай бұрын
Pennsylvania sorry didn’t see reply lol
@alexpratt99
@alexpratt99 11 ай бұрын
Also they didnt put our offer on the paper my dad called em and they are gonna send us another letter with the offer
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
@@alexpratt99 sorry, still figuring out the best way to keep up with youtube comments now that I'm getting more! For PA, the only public way I know is to monitor this database of permits here cedatareporting.pa.gov/Reportserver/Pages/ReportViewer.aspx?/Public/DEP/OG/SSRS/Permits_Issued_Detail WellDatabase.com also has some low cost ways to see wells, but not sure if permits are included in the free/low-cost tier. We're working on a way for owners to track this easier through a new tool we're about to launch also at map.pecantreeog.com I'll post a video explaining more when it's ready!
@alexpratt99
@alexpratt99 7 ай бұрын
Me too it never tells me when I get replies lol thankyou
@LH-fh5yw
@LH-fh5yw 5 ай бұрын
Thanks for doing this. I read somewhere that offers range from 12.5% to 25% of what I will get over the life of the well. This is less than 25-50% you suggest. Did I read something wrong? Thanks again.
@PecanTreeOG
@PecanTreeOG 5 ай бұрын
I see the confusion! Those are two different metrics. 12.5%-25% is how much an offer would be today on total money you’ll receive in the future. I don’t actually use this stat so I don’t know the legitimacy of it, but I do have a video on income multiples to estimate market value that’s similar. The 25-50% is the value of an offer you receive in the mail compared to how much the property should actually sell for today. Sometimes houses are easier to use as analogies: if you get a call for a random person wanting to buy your unlisted house for $200k, then the 25-50% rule would say you could actually sell your house for $400k-800k if you listed it and marketed it properly.
@ZlayaCo6aka
@ZlayaCo6aka 2 жыл бұрын
25 to 50 percent of fair market value????? LOL!!! For many years I've been receiving offers that are 5 to 10 percent of actual production! IMHO, most of these "offers" mineral owners are receiving are from vultures.
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
Hah! For sure! I should have clarified that most of the “good” offers are only 25-50%. I’ve definitely seen WAY worse! It’s brutal out there.
@darcoln3208
@darcoln3208 10 ай бұрын
Thank you, Tracy!
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
You are so welcome!
@jameswhite1319
@jameswhite1319 10 ай бұрын
What about this lignite play in Arkansas I been offered to lease my interest in this area thankyou for what you do
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
Hm, since lignite is a mining operation, I don't actually have any experience with that! Generally, my advice is to have an attorney who's familiar with the laws of the state where the property resides review any lease before signing because of how much the individual terms can impact how much royalty you receive. If it doesn't make sense financially to do that, work with any other mineral owners of the property you know to try to negotiate the best rate and deal possible (strength in numbers), and try to have the lease be as specific as possible (ONLY lease the lignite, for example, in case there are other minerals or opportunities you could lease independently in the future).
@jameswhite1319
@jameswhite1319 10 ай бұрын
Ok thankyou may your day be blessed
@PecanTreeOG
@PecanTreeOG 10 ай бұрын
Blessings to you as well!
@jillhal5463
@jillhal5463 9 ай бұрын
You get an offer so the Theft can begin as soon as you sign.
@PecanTreeOG
@PecanTreeOG 9 ай бұрын
There are definitely some bad actors out there 😡
@jillhal5463
@jillhal5463 9 ай бұрын
True and this is why: Do You know why Insurance companies are paid every month but when You need them, they say "Oh That's An Act Of God, We Don't Pay For That". It's the same with Coal Companies over the past 200 years, Oil & Gas over the past 150 Years, Railroads, Electrical Power Companies, large corporations and more. They are naturally dishonest as if they had no soul. That is the trade mark of those who have enslaved Humanity, they are soulless. Let's go back to 1800 when the son of Marie Antonnette showed up in the US at the Virginia Colony. He was with one of France's Paysours or Treasures, so he was given the last name of Paysour. There were Canaanites in the Virginia Colony fleeing the Church as so many of our ancestors did. The Canaanites have a long history of hanging out with the Blue Bloods/Copper Blooded beings/Pharaohs also known as Reptilians, who have power above us Humans due to being higher dimensional beings. As Paysour had offspring, his followers changed their names in the birth records in each state making it hard to trace the Blue Bloods in the US. The Canaanites & Blue Bloods grew rich over the Years and took control of every aspect of Our lives, heads of state, the Judicial System, Corporations, Natural Resources including paper mill forests and paper mills, Coal, Oil & Gas, Railroads, Power Stations, lawyers, doctors, religious leaders, YOU NAME IT, THEY TOOK IT OVER. Hollywood, the Music Industry, Colleges, Professional Sports, and gave us School System to dumb us down, the Medical Industry, Pharmaceuticals to kill us and more. The World As You know it is changing as the above facts, plus how the cia was formed by NAZI War Criminals, The Globalists have been controlling Our Earth using the money system, and the fact that the Vatican has been conducting evil World Wide is coming to light. IT would be wise to view this information objectively and face Your hidden Enemies since they have a depopulation agenda that has been thwarted by Our Militaries up to this point in time. We Humans are stronger than Our Enemies when we join as One Mind, One Voice to make Our Reality free of those who have enslaved us for too long. We have been held against Our will by low frequency generating equipment that will soon be destroyed by events soon to come. Much More To Come. Ron Hale @@PecanTreeOG
@troyandrews5283
@troyandrews5283 2 жыл бұрын
What bonus check mean for oil&gas?
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
A bonus check is typically referring to the up-front payment you receive when leasing (not selling) your minerals to another party who plans on drilling a well, sometimes called a “paid up” lease, like if you rented an apartment but paid all the rental payments the day you signed the lease rather than monthly.
@jillhal5463
@jillhal5463 9 ай бұрын
In Carroll County after Chesapeake paid off the boys in Columbus, the BUST took place. Farmers told me the good money they had been getting was replaced with no Royalty Paid. The Reason: You were already over paid. Definition of Boom - O&G Thieves pay for lease signings & theft starts at the well. Definition of BUST: Anyone who could stop a clear case of Ohio RICO Fraud is paid off, along with judges, lawyers and government officials. Believe nothing else you hear or read about Boom & BUST. This is it, I observed it all & SHARED the evidence with those who will act on it soon.
@BeefCurd
@BeefCurd 2 жыл бұрын
Can you make a video estimating the Kalahari Suture Zone in Botswana?
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
Not sure I'm quite following the request...but feel free to elaborate!
@BeefCurd
@BeefCurd 2 жыл бұрын
@@PecanTreeOG My fault. you only do oil and gas. the KSZ is for nickel and cobalt.
@PecanTreeOG
@PecanTreeOG 2 жыл бұрын
Ah, I gotcha! Thanks for clarifying!
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