Oil prices jump after U.S. stockpile data Wednesday showed another surprise weekly decline as coronavirus lockdown restrictions continue to ease across the country. The Energy Information Administration reported crude inventories dropped by 5 million barrels last week. Analysts polled by S&P Global Platts saw an increase of by 2.4 million barrels. Last week, EIA stunned […]
Fee Simple vs Leasehold, Leased Fees in Oil and Gas There are many different kinds of transactions associated with the buying, selling, and leasing of property. Mineral rights are no different. Whenever you buy or you sell or lease mineral rights, you may be entering into one of several kinds of agreements. In this article, […]
If you are selling or leasing your mineral rights, you may have some competing offers sitting on your desk. In an oil and gas lease, you can potentially earn a large amount of money over time. This is through the acquisition of oil and gas royalties. Does a company particularly have an interest in your […]
The U.S. will need to significantly reduce domestic oil production to prevent a protracted period of sub-$30 WTI, a level that leaves almost no producer profitable. Over the last 10 years, technology and access to capital have allowed for rapid growth in oil production as well as in associated gas volumes. Historic reductions in drilling […]
If you own mineral rights and receive oil royalties, then you are probably curious about the oil well production levels. In an oil and gas lease on your property, you may have one or more oil wells on the land that is being drilled by the oil company. How Many Barrels of Oil Does a […]
If you own mineral rights in the United States, you may be sitting on a potentially large stream of income. Thousands of property owners across the country have contacted oil companies and investors in order to drill and profit from the precious minerals in Earth. This is your guide on how to get oil companies […]
Oil wells come in all shapes and sizes. All across the United States, there are oil wells being built, used, and torn down, and thanks to over 100 years of drilling history, the public now knows a lot about the ins and outs of a typical drilling operation. In this article, we are going to […]
Mineral rights can be an extremely valuable asset. If you suspect there may be oil, gas, or any other kind of precious metal sitting beneath the subsurface of your property, then you have the opportunity to earn an income through resource extraction. As in any transaction, with a mineral rights lease, you will want a […]
If you own mineral rights, then you can potentially earn a large amount of money by finding the right oil royalty buyers. Frequently, those buyers may actually find you. We put together this article to help you along your journey to sell your oil royalties or mineral rights. Individuals vs. Companies – Oil and Gas […]
Whenever you sign an oil and gas lease, you may be getting a signing bonus. As one of the most important parts of your negotiation, a one time upfront payment from the oil and gas company may be the quickest way to earn money with your mineral rights. What happens when the company strikes oil? […]
