Gas / Mineral Rights Question

Utah Mineral Rights Duchesne County, UT
1

Good evening!

My mother-in-law owns some mineral rights in Duchesne, Utah, and is currently receiving ~$500 a month or so in royalties (this is down from $900+ a few years ago). She also received a $50,000 or so signing bonus when she signed years ago.

Earlier this year she was offered $150,000 for her interest, which seems like a dramatically high price to pay for something earning so little. Any thoughts or recommended experts? She doesn’t have a real need for the money now, but obviously $150,000 invested in the market is going to return a heck of a lot more than $500 a month.

Thanks!

2

If you care to share the section, township and range, we can help with current activity. Buyers usually know what is coming up next, so want to purchase low paying acreage in the path of new horizontals. First offers are usually low and open to negotiation.

1 Like
3

Sure - thanks! Township 4 South, Range 2 West, USM, Section 10.