I have 85 mineral acres across 6 properties in the Brushy Creek area of Anderson County, Texas. It is unleased. How much are these acres worth if I sell? Thank you!
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I assume you are talking about selling your minerals on these tracts.
Value is in the eye of the buyer - what is the potential for future drilling and production in these areas.
Have wells been drilled on or near these tracts? What depths / horizons? Results?
In what abstracts are these tracts located?
You will never see me post a value for any mineral interest - but understanding the details (both pro and con) of any area help one understand potential value.
I would not sell in my personal opinion, heavy least activity going on in Anderson County, and a well was just drilled a little north of Brushy Creek near Frankstonā¦ just a little info to maybe help your decision.
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Kind of depends on the number of people the royalty is divided upon in your holdings. Current sales price vs royalty and longevity. Lots of elements involved in a decision to āknow when to hold āem, know when to fold āem, know when to walk away and know when to RUNā¦ā