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Selling mineral rights are based on an agreement between the landowner and the
other party who may be intentto purchase the property to explore minerals and
other crude products. These minerals can be lucrative commodities like copper,
asphalt, diamond or oil and natural gases. The royalties are analyzed on
individual basis between the individual /owner who is interested to buy
royalties and the landowner.
Oil & gas royalties are negotiated in a number of ways. One popular and widely
practiced way is to distribute royalties by paying the original landowner a
share or portion of the minerals that are extracted from the land. The amount
can also be paid based on the earnings from the extracted minerals. However,
before coming to any agreement or signing any contract, you should be aware of
the local and/or state laws and must make the contract in accordance with the
laws so when purchasing of land for mineral extractions is in process, both you
and the investor are protected.
Do the rates of gas and oil royalties vary?
There is always a change in the
royalty rates that is based on the global market as well as the regulations
imposed by the federal government. A study conducted by the United States Govt.
Accountability Office in 2008 was used to determine the government’s response
to variations in royalty rates as theatrically as in recent years. The report
concluded that intervention of the government should exist in the large cases
such as drilling in the Gulf of Mexico for oil and receiving larger sum in
royalties for permitting companies to drill in those regions. The report also
stated that consultations would be mandatory with independent firms before a
plan is implemented for a change in the amount paid to government as royalties
for mineral extractions. However, the fact cannot be overlooked that oil and gas royalties are determined and
discussed on a case-by-case basis.
Who is authorized to negotiate the
buying and selling of oil &gas royalties?
Before even royalties from oil, gas
and other minerals are determined, a professional consultant should be hired.
Several companies in Texas have the sole purpose of providing help and advice
to oil and gas firms and individuals
to negotiate royalties on natural gas and oil and setting a worthy rate. These
companies in Texas have helped several royalty purchasers and property owners
reach agreements that are mutual on the terms regarding
the land in question. These companies are always advising on buying and selling
mineral rights therefore they are updated on the federal and state laws that
landowners must followbefore they collect royalties for mineral or oil &
natural gas extraction. Again, it is always in the right frame of mind to seek
a professional’s opinion prior to negotiating your gas and oil royalties, in
fact it is recommended.
Uni Royalties Limited is a reliable
source for oil and gas lease evaluations, matching you with potential royalty purchasers or perhaps buying
your mineral rights ourselves. We
guarantee you the best deals after fast evaluations and processing. We also
provide a free consultation so if you have a land that is just sitting there
then come to us and we might turn it into an income-generating asset. For more
information, visit our website www.uniroyalties.com or give us a call at our toll free number, 1 (888) 916 0220.
Contact Us
UNI Royalties, Ltd.
P.O. Box 1959
Parker CO 80134
Phone:(720) 663-1187
Toll Free Phone: 1-888-916-0220
Toll Free Fax: 1-888-491-8525
Local Phone: 1-720-663-1187
Local Fax: 1-720-746-2899
E-mail: sellroyalties[at]gmail.com
