# Cost Basis Duchesne County
**URL:** https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598
**Category:** Oil and Gas Leasing Help
**Created:** [August 11, 2019, 3:13am UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598 "2019-08-11T03:13:31Z")
**Posts on this page:** 8
**Page:** 1
### Author:  [@kauai82](https://www.mineralrightsforum.com/u/kauai82)
#### Post date: [August 11, 2019, 3:13am UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/1 "2019-08-11T03:13:31Z")
We just sold (8/2019) inherited mineral rights in Duchesne County, Utah. Any advice as to how to figure out our cost basis? The date of death was 3/2003. Thank you.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 12, 2019, 1:18am UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/2 "2019-08-12T01:18:25Z")
You are probably going to have to get a land man or oil and gas accountant to help you track down sales of similar minerals nearby to you at that date. Going backwards is kind of tough. Did you get an estate appraisal done at the time of death? There may be a value attached to the minerals at that time.
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### Author:  [@kauai82](https://www.mineralrightsforum.com/u/kauai82)
#### Post date: [August 12, 2019, 3:54pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/3 "2019-08-12T15:54:52Z")
There was a probate completed; however, there was no value given to any of the mineral rights. Just a list. My father-in-law was a land man in Texas and had acquired many throughout the years. This particular one was obtained in 1946. Thank you so much for your response!
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [August 12, 2019, 3:58pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/4 "2019-08-12T15:58:32Z")
Suggest that you post the same request in the Utah, Duschesne County or the general Utah Category and ask if anyone has a good landman in the area to do a look up. [https://www.ogm.utah.gov/](https://www.ogm.utah.gov/) Gave you the link to the Utah oil and gas minerals site. You may be able to look up deeds of sale near the lands as of 3/2003.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [August 12, 2019, 9:39pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/5 "2019-08-12T21:39:13Z")
Often a probate attorney will not go to the expense of having minerals valued unless estate taxes might be an issue. But if you intend to sell, it is better to get the valuation sooner than later.
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### Author:  [@kauai82](https://www.mineralrightsforum.com/u/kauai82)
#### Post date: [August 12, 2019, 10:42pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/6 "2019-08-12T22:42:03Z")
Thank you, I will try both. Cathy
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### Author:  [@kauai82](https://www.mineralrightsforum.com/u/kauai82)
#### Post date: [August 12, 2019, 10:43pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/7 "2019-08-12T22:43:56Z")
You are right Richard, they did not want to go to the expense as there were several and non-producing.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:26pm UTC](https://www.mineralrightsforum.com/t/cost-basis-duchesne-county/49598/8 "2025-01-11T19:26:34Z")