# Minerals in NM & OK
**URL:** https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019
**Category:** General Mineral Rights Discussion
**Created:** [January 31, 2019, 4:44am UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019 "2019-01-31T04:44:04Z")
**Posts on this page:** 11
**Page:** 1
### Author:  [@mark\_schaefer](https://www.mineralrightsforum.com/u/mark_schaefer)
#### Post date: [January 31, 2019, 4:44am UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/1 "2019-01-31T04:44:04Z")
Hi,
I own minerals in Rio Arriba, New Mexico; Atoka, Oklahoma; Creek, Oklahoma; McClain, Oklahoma; Okfuskee, Oklahoma; Seminole, Oklahoma; Noble, Oklahoma. Around 7,000 acres. I need help managing them and utilizing them to their fullest potential. Where should I start?
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### Author:  [@Kenny\_DuBose](https://www.mineralrightsforum.com/u/Kenny_DuBose)
#### Post date: [January 31, 2019, 3:06pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/2 "2019-01-31T15:06:12Z")
@mark_schaefer allow me to make a few comments here - not so much answers, but as important, questions/comments that matter.
- it’s important that you figure out exactly what you own, the net amount of mineral acreage, and whether some/all of it is in productive areas
- if you discover that you own minerals (and in significant quantity) in quality areas, you’ll want to get comfortable with spending some $ for professional help
- consider joining an organization known as NARO, National Assn. of Royalty Owners
- be very deliberate and informed prior to making significant decisions - if you own oil/gas in the ground, it’s not going anywhere
- taking time to read and learn your way around this site can be extremely helpful. Remember, this is a public forum… there is high quality information here, along with the opposite. Be careful of being approached with “free” help.
- see our [Directory](https://www.mineralrightsforum.com/page/mineral-services-directory/1/) page for service providers
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 31, 2019, 9:59pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/3 "2019-01-31T21:59:33Z")
NARO has a nice template for getting your minerals in order and starting to get organized. I use something in a similar style except in Excel.
You can find the template at
> **[Copy%20of%20Sample%20Mineral%20Inventory%20Wade%20Caldwell%20WITH%20WATERMARK.pdf](https://www.naro-us.org/resources/Documents/Copy%20of%20Sample%20Mineral%20Inventory%20Wade%20Caldwell%20WITH%20WATERMARK.pdf)**
>
> 1120.47 KB
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 31, 2019, 10:02pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/4 "2019-01-31T22:02:12Z")
Oops, it got away from me before I finished. NARO has a YouTube channel with a series of Mineral Management 101 videos.
The forum also has a nice writeup called Information-for-inexperienced-royalty-owners. Put that in the search above.
Read the Mineral Help Tab above.
You really can do this yourself by getting educated using as many resources as you can. Wade Caldwell has a nice set of online links.
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### Author:  [@mark\_schaefer](https://www.mineralrightsforum.com/u/mark_schaefer)
#### Post date: [February 1, 2019, 2:57am UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/5 "2019-02-01T02:57:32Z")
Thanks for the response. I have around 5,000 gross acres mostly in Rio Arriba, New Mexico. Is that enough to obtain professional help, and in what form would that be, a landman?
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### Author:  [@mark\_schaefer](https://www.mineralrightsforum.com/u/mark_schaefer)
#### Post date: [February 1, 2019, 2:59am UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/6 "2019-02-01T02:59:19Z")
Thanks for the response, this has been helpful.
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### Author:  [@mark\_schaefer](https://www.mineralrightsforum.com/u/mark_schaefer)
#### Post date: [February 1, 2019, 3:15am UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/7 "2019-02-01T03:15:19Z")
I’m having trouble finding the Information for Inexperienced Royalty Owners. Can you post a link?
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [February 1, 2019, 2:12pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/8 "2019-02-01T14:12:20Z")
> [@Information for Inexperienced Royalty Owners](https://www.mineralrightsforum.com/t/information-for-inexperienced-royalty-owners/25663):
>
> For those with limited experience in owning royalties, I would like to recommend first viewing the videos on Mineral Management 101 on the National Association of Royalty Owners website. Those can be found at [http://www.naro-us.org/Mineral-Management-101](http://www.naro-us.org/Mineral-Management-101). Then for Oklahoma specific information go to the Oklahoma Corporation Commission (OCC) website at [http://www.occeweb.com/og/publications.htm](http://www.occeweb.com/og/publications.htm). Download their Basic Information for the Oklahoma Royalty Owner. It contains a wealth of helpful info…
Use the magnifying glass at the top and type in the words in the box. (I attached it for you to save time).
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### Author:  [@mark\_schaefer](https://www.mineralrightsforum.com/u/mark_schaefer)
#### Post date: [February 1, 2019, 3:08pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/9 "2019-02-01T15:08:27Z")
Thank you, this is useful information.
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### Author:  [@Richard\_Winblad](https://www.mineralrightsforum.com/u/Richard_Winblad)
#### Post date: [February 1, 2019, 3:15pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/10 "2019-02-01T15:15:37Z")
You should determine what your team should include. A landman can be a good resource as to mineral lease bonus valuations (I have a referral if you are interested), a CPA to keep your taxes straight, and an attorney for lease review, estate planning, etc. There are professional mineral managers if keeping the minerals straight is overwhelming. You should explore the use of a Trust or Trust LLC combination. A California attorney can help you with the planning; New Mexico and Oklahoma attorneys can assist with re-titling the minerals if you go that route.
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### Author:  [@MRFAdmin\_SV](https://www.mineralrightsforum.com/u/MRFAdmin_SV)
#### Post date: [January 11, 2025, 7:19pm UTC](https://www.mineralrightsforum.com/t/minerals-in-nm-ok/41019/12 "2025-01-11T19:19:35Z")