Montana Mineral Rights Valuation

Ownership and Title
1

Hi all. I’m not sure if this is the correct place to post this but here goes. My brother and I have inherited all mineral rights several parcels of land in Montana. We live in different states. A few are currently in production which we get royalty checks for. We have a company interested in purchasing them but we don’t know how to get a valuation for them. Any help would be quite appreciated.

We don’t own the surface and we don’t know the quantity of the acreage. We are also looking for help on how to figure out the quantity of acreage.

The parcels are described like this:

Township (#, direction)

Range (#, direction)

Section 11: NE/4, SE/4NW/4, N/2SE/4, SW/4SE/4

33.33%

Thank you

2

@lmsnipes777, you can get an approximate acreage by the standard sizes of your description: NE/4 = 160 acres, SE/4 NW/4 = 40 acres, N/2 SE/4 = 80 acres, SW/4 SE/4 = 40 acres, For a total of 320 surface or gross acres. Assuming the 33.33% is your mineral ownership percentage then this would give you 106.7 mineral acres.
With the Township & Range you can look up more exact acreages for that Section 11, but the total isn’t going to vary by much.
You can check the Montana Oil & Gas Information site MontanaOG for any existing activity in your section.

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