We first received an offer of $4,500 in Feb 2025 and now (Oct 2025) $6,000 per acre for 4.064 net mineral acres for Section 2-8N-10W Caddo County in Oklahoma. This is inherited mineral rights and we know nothing about this stuff and live in Missouri. It is really hard to find out stuff when we don’t live there. From what little I can make out, it seems like we want royalties paid to us not selling out our mineral rights. Anyone have any assistance to let us know what is going on and what to do next? Thanks, Brenda
Brenda, welcome to the community.
Lots of leasing activity in your section. Members of this community generally hold as opposed to selling minerals. If considering selling, be sure to understand potential capital gains tax ramifications before pulling the trigger.
This post is not legal, tax or investment advice. Reading or responding to this post does not create an attorney/client relationship.
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Brenda, I am also in Missouri, also new to this area, and have around the same size interest in another county in OK. For our family AI deep research (Chat GPT 5) was incredibly helpful. Like any AI it cannot be blindly trusted as we learned that deep research with other AI products provided wildly incorrect information. However, Chat GPT 5 got it right. I know this because it also talked me through in great detail how to use the various free online tools and resources in Oklahoma (OCC Well Finder and others) such that I was able to use them and INDEPENDENTLY verify its conclusion. Also using AI, assuming you give it solid information, you can have it run hypothetical scenarios as to what your rights could bring with an average or typical well production scenario impacting your area - we learned that the potential numbers were much larger than we thought they could be, though no activity in our area at this point. Lesson learned for us was don’t underestimate what our 3.5 acres can bring in if something hits. If you are getting cash offers there very well could be something going on near you, but hard to say…. I hope this helps!
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Continental Resources has a very extensive leasing program In your section and multiple cases filed at the OCC very close to you. There are likely to be quite a few horizontal wells in the sections just to the east and possibly yours in the future. That is why you are getting offers.
Most offers to buy are based upon a discounted cash flow for a certain number of years and are likely to be far lower than what you might see with upcoming drilling if you are willing to wait it out.
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Thanks everyone for your responses. It is really helpful. I will get together with my family members and we will talk about it, but I definitely believe we are going to hold out to see what comes later. This offer came from the same person, saying his name is Bill Matin, reporting to be from Emperador Energy Company in the first offer and now the same guy says he is from Mineral Resources Company. From research I have done on this website, it looks like the Emperador company may not be a legitimate company, so definitely don’t trust this guy at all.
You can search land transactions in Caddo County here: Real Property Official Records Search
This post is not legal, tax or investment advice. Reading or responding to this post does not create an attorney/client relationship.