How to Find Oil on Your Land
If you think there might be oil on your property, then grab your shovel and start digging. Just kidding, that’s not only ineffective, but could be potentially dangerous. In this brief article, we are going to go over the different ways in which you can find out if there is oil on your land as well as what to do if there is.
Hire a Professional to Find Oil on Your Land
In some rare cases, bits of oil may actually seep to the surface of a plot of land. If you are lucky enough to see some, then there is a good chance there is more oil below the surface. If you do not see any oil on the surface, but suspect that there may be valuable substances below, then there are two main types of professionals that can be consulted to help you reach a conclusion: geologists and geophysicists.
Hiring a Geologist to Find Oil on Your Property
A geologist is able to determine the possibility of oil beneath your land by examining the rocks around your property. Crude oil mainly consists of hydrocarbons, which are formed from decaying organic matter trapped in areas of porous or reservoir rock. A geologist will be able to determine the likelihood of hydrocarbons by performing a field test of the area you live in.
Hiring Geophysicists to Look for Oil on Your Land
If you’re looking for an even more advanced research method, you should consider hiring a team of geophysicists to search for oil on your land. Geophysicists use high tech equipment to study the physical properties below the surface of the earth. By sending and collecting data from a series of vibrations, geophysicists will likely be able to tell you whether or not there is oil on your land.
What to Do if There is Oil on Your Property
The United States is one of the few countries in which a landowner can profit from the discovery of oil on their property. If you suspect that there may be oil below the surface of your land, then you could be in for a big payday. The best course of action for you to take would be to contact a professional mineral rights broker in order to receive the highest possible royalty payment if an oil and gas company decides to drill on your land.