Received cash offer for mineral rights in Borden County TX

Texas Mineral Rights Borden County, TX
1

Can anyone please help me? I’ve got inherited mineral rights to 20 acres in Borden County TX. I’ve received a cash purchase offer from a landman.

  • Any recommendations on to sell mineral rights or not at this time?
  • Any recommendations for next steps in cross referencing value/worth?
  • Any recommended internet sites to double check land information, wells in area, etc?
  • Any recommendations for a professional person to talk to, for help with the above? Thanks so much for your assistance.
3

The GIS viewer on the Texas Railroad Commission website will help you with your search of nearby activity. Do you have a legal description?

4

The existence (or non-existence) of nearby wells, permits and new leases will make a significant difference in price and offer evaluation. Check out the RRC and GLO public maps and, if you have access to DrillingInfo, run a few searches on the area to get a sense of activity. Initial offers can often by increased if you find a couple of companies that are interested in the same acreage.