Assessing offer for gas unit royalty interests in Harrison County

Texas Mineral Rights Harrison County, TX
1

Hi all,

I’ve recently received an offer worth in the mail for my family’s royalty interests in a gas unit in Harrison County, TX. The offer is worth ~$100k for my 0.75% share of a gas unit on almost 700 acres operated by BPX.

I know very little about this business, and I would greatly appreciate any help determining the value of my family’s royalty interest and any general advice for going through this process. Thank you!

2

It would be helpful to me to know what area (e.g.-survey name) that your family’s royalty interests are in, in Harrison County. I have seen some offers that do not quite appear to make economic sense (unless there is definitely a new find or at least some highly prospective drilling, in that area).