# Offer to purchase royalty rights
**URL:** https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533
**Category:** Dawson County, TX
**Created:** [January 18, 2022, 6:41pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533 "2022-01-18T18:41:46Z")
**Posts on this page:** 12
**Page:** 1
### Author:  [@Ida](https://www.mineralrightsforum.com/u/Ida)
#### Post date: [January 18, 2022, 6:41pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/1 "2022-01-18T18:41:46Z")
Found out I inherited royalty rights SW/4 of Section 5, Block 36 T-5 in Dawson County. A company contacted me and other family members to purchase those rights. Everybody sold their rights but me. The guy called me back and raised his offer, saying I was the only one that is left for them to have all that acreage. First offer $1,700 per acre, second offer $2,000 per acre. I have 1.18 acres. Is this normal? Wondering if they know something I don’t. I don’t live anywhere near there and am new to this.
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### Author:  [@Mikro1TX](https://www.mineralrightsforum.com/u/Mikro1TX)
#### Post date: [January 18, 2022, 8:08pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/2 "2022-01-18T20:08:30Z")
I don’t see anything. Wait and see who else may chime in that has other info possible. MK
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### Author:  [@Ida](https://www.mineralrightsforum.com/u/Ida)
#### Post date: [January 19, 2022, 2:40am UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/3 "2022-01-19T02:40:07Z")
I’m assuming it’s the box that is where you have it marked Section 5. I wonder with the wells to the south and north if they will drill in between? Is it normal for people to buy out royalties speculating on future drilling?
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [January 19, 2022, 5:49am UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/4 "2022-01-19T05:49:16Z")
Look at the cluster of 3 wells about 1.5 miles northwest of your minerals and search for posts about CGS Operating in this forum.
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### Author:  [@M\_Barnes](https://www.mineralrightsforum.com/u/M_Barnes)
#### Post date: [January 19, 2022, 2:38pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/5 "2022-01-19T14:38:48Z")
It is very common to buy up royalties for their own value and also for future potential drilling. Many buying companies buy up bulk tracts of minerals and then either package them and sell them again (making a profit) or keeping them for themselves.
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### Author:  [@Ida](https://www.mineralrightsforum.com/u/Ida)
#### Post date: [January 22, 2022, 2:31am UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/6 "2022-01-22T02:31:34Z")
Thanks to those that responded. Still wavering on what to do.
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### Author:  [@AJ11](https://www.mineralrightsforum.com/u/AJ11)
#### Post date: [January 23, 2022, 2:42am UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/7 "2022-01-23T02:42:19Z")
At the top of the page in the horizontal blue bar click on “Directories” and click on “Mineral Services” from the drop-down menu. There are mineral valuation and mineral buying companies. Contact them.
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### Author:  [@James\_Garner](https://www.mineralrightsforum.com/u/James_Garner)
#### Post date: [January 26, 2022, 11:59pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/8 "2022-01-26T23:59:52Z")
I would be patient if you do not need the money now. There is some horizontal development to the South that may work itself your way.
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### Author:  [@Ida](https://www.mineralrightsforum.com/u/Ida)
#### Post date: [January 27, 2022, 1:54pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/9 "2022-01-27T13:54:34Z")
I’m in no hurry. Don’t need the money. This guy just keeps trying to get me to sell. I just wonder if he knows something.
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### Author:  [@NMoilboy](https://www.mineralrightsforum.com/u/NMoilboy)
#### Post date: [January 27, 2022, 3:32pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/10 "2022-01-27T15:32:33Z")
In terms of what other guy knows, I’d bet that dude knows that he gets a few hundred dollars an acre if you do sell. And he’s calling or mailing a zillion folks, hustling for that cash. And that is the extent of it. IMO there ain’t a lot of deep thought on the mineral buying side, particularly on this scale.
In the end you have 1.2 acres. On the margins of play (for now? forever?). Just to put things in perspective. If you don’t need the money (which I totally get) then there is almost no chance that this is ever going to be the amount of money that you DO need. Nobody knows anything that makes it worth 10 times (or more) what is being offered.
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### Author:  [@James\_Garner](https://www.mineralrightsforum.com/u/James_Garner)
#### Post date: [January 27, 2022, 8:02pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/11 "2022-01-27T20:02:24Z")
He does think he knows something that you do not know. Time is on your side since you own the minerals and do not need the money. I had owned 4.5 acres in Ward County, for more than 30 years before someone made the first lease offer for $2500 and a 1/4, then the next was $12,000 and a 1/4 two years later. The last property I sold was 30 years ago. I have made a practice to buy and hold, be patient on all lease offers because they generally go up, and always do your research. Good luck to you Ida.
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### Author:  [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [April 18, 2022, 6:42pm UTC](https://www.mineralrightsforum.com/t/offer-to-purchase-royalty-rights/64533/12 "2022-04-18T18:42:03Z")
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