FREQUENTLY ASKED QUESTIONS
How do i know what my MINERALS are worth?
Valuing mineral interest involves expertise from multiple disciplines within the oil and gas industry, including engineering, land, and geology, and is far from an exact science. Texas Southern’s valuation model accounts for the potential of future development of your mineral interest along with future market conditions in the oil and gas industry. Our model provides our team with the tools and information to quickly assign a dollar amount to your mineral interest.
There are a multitude of factors that may impact the value of your mineral interest. Listed below are some of the higher impact characteristics concerning your mineral interest:
Location and Geology
Current Drilling Activity in the Area
Production History
Operator
Gross Acreage Size
Lease Terms
Oil and Gas Prices
WHY should i sell my minerals to texas southern?
You may aspire to open a new business, desire to buy a new home, have debt you'd like to pay off, or just flat out don’t have the first clue on how to manage a complex and depreciating asset. Texas Southern offers maximum value for whatever reason you have for selling your mineral interest. Our team is more than happy to walk you through the pros and cons of selling your minerals and what to expect should you decide to sell or retain your mineral rights. While we hope that you will ultimately choose us to purchase your mineral interest, we are here to serve as a resource for you and answer any questions you may have as you consider buyers for your mineral interest. Please feel free to reach out to us with any questions you may have about the process of selling your mineral interest.
Step 1 - Meet and Greet
We generally like to start with a meeting or phone call to get to know each other. Our agents will walk you through your mineral portfolio and explain what kind of valuation you can expect. We are here to serve as a resource and answer any questions you may have about your mineral portfolio.
Step 2 - Analyst Evaluation
Based on our initial conversation and if you decide you’d like to move forward in the selling process, we will evaluate your minerals based on the information we collected during our initial phone conversation. We may request additional documentation, such as past oil and gas leases or check stubs that will assist us in our evaluation. Once our team has completed our in depth analysis we will get back to you with our best offer price. At this time we send you the proper documentation for you to review with your family, advisors, or attorney.
Step 3 - Title Confirmation
Once you commit to sell your interest, we will conduct a full title examination of your mineral interest. This process normally takes under a week, but can take longer due to complex ownership history or to cure any title defects. Our team covers the cost of the title research, drafting of any curative instruments, and any filing fees for recording documents.
Step 4 - We send your payment
The final step consists of a mineral deed from you to Texas Southern that is notarized and filed with the county clerk’s office in the county your mineral interest is located. The entire process can vary from a few days to a couple of weeks depending on the title issues that may arise.