# High Royalty buyout offers **URL:** https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102 **Category:** Midland County, TX **Created:** [August 26, 2023, 10:38pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102 "2023-08-26T22:38:18Z") **Posts on this page:** 7 **Page:** 1
### Author: ![Circleoranch](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/c/7feea3/32.png) [@Circleoranch](https://www.mineralrightsforum.com/u/Circleoranch) #### Post date: [August 26, 2023, 10:38pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/1 "2023-08-26T22:38:18Z")
We just inherited royalties in Midland County. They have been in the family for about 20 years and yield $3000 to $5000 per year. We are getting multiple offers to buy for over $200,000. We thought royalty values would be maybe 3 times annual. What is going on? Can’t find any info on new formation plays in the area. SW/4 of Sec 3 blk 38, T2S Brooks “B”. NRA 4.17 ac SE/4 of Sec 3 blk 38, T2S Brooks “D”. NRA 3.61 ac ---
### Author: ![nop\_llc](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/n/71c47a/32.png) [@nop\_llc](https://www.mineralrightsforum.com/u/nop_llc) #### Post date: [September 8, 2023, 8:23pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/2 "2023-09-08T20:23:54Z")
![Untitled](https://www.mineralrightsforum.com/uploads/db5755/original/3X/5/8/58de7cad36f3aae805528535a2c870d74e35b77e.jpeg) ---
### Author: ![fjonesiv](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/f/a5b964/32.png) [@fjonesiv](https://www.mineralrightsforum.com/u/fjonesiv) #### Post date: [September 8, 2023, 8:54pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/3 "2023-09-08T20:54:55Z")
Real simple… the letter carpet bombers know that drilling and more money are highly likely coming your way (and/or drilling operations already underway). Stand still and do nothing, or proceed vvvverrrrryyyy slowly and cautiously. As a general rule, doing nothing is very often the best course. ---
### Author: ![Jimmy](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jimmy/32/20427_2.png) [@Jimmy](https://www.mineralrightsforum.com/u/Jimmy) #### Post date: [September 15, 2023, 7:30pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/4 "2023-09-15T19:30:48Z")
I worked in that area and one well that was drilled was making a 1 million a day with new drilling tools! I would not sell anything! That’s just me, usually the oil company starts buying mineral interests when there’s a new discovery and fixing to pool everyone! Good luck and pray on it! ---
### Author: ![Andrewl00](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/a/4da419/32.png) [@Andrewl00](https://www.mineralrightsforum.com/u/Andrewl00) #### Post date: [September 15, 2023, 8:41pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/5 "2023-09-15T20:41:21Z")
Jimmy, I believe your calculations are wrong. ---
### Author: ![Jimmy](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jimmy/32/20427_2.png) [@Jimmy](https://www.mineralrightsforum.com/u/Jimmy) #### Post date: [September 15, 2023, 10:15pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/6 "2023-09-15T22:15:19Z")
Maybe so. I well was making over 1000 bbls, and 3 mcf, water was at 1200 bbls, every 24 hours and the price of oil was 120 West Test crude! ![IMG_0172](https://www.mineralrightsforum.com/uploads/db5755/original/3X/c/a/ca33f1588562299d2a6fef2103f963696fa78c50.jpeg) ---
### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system) #### Post date: [November 24, 2023, 10:39pm UTC](https://www.mineralrightsforum.com/t/high-royalty-buyout-offers/72102/7 "2023-11-24T22:39:01Z")
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