Need current market value of mineral acres

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, Township 22 North, Range 2 West, Noble County, Oklahoma. 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?

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

1 Like

This topic was automatically closed after 90 days. New replies are no longer allowed.