Need current market value of mineral acres

Oklahoma Mineral Rights Noble County, OK
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Current value per mineral acre of mineral acres in Noble County, OK.

I need to know the current market value per mineral acre of mineral acres in Section 34, T22N, R2W, Noble County, OK. I need a dollar amount the IRS will accept as accurate. Can anyone provide me with that figure or tell me how I can get it?

2

A general rule of thumb for valuing producing minerals is 4-6 times the previous years net revenue. This is not tax or legal advice. You should consult with an attorney and or CPA.

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