# Potential worth of minerals I inherited (an itch i can't scratch!)

**URL:** https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291
**Category:** Reeves County, TX
**Created:** [September 30, 2016, 11:37pm UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291 "2016-09-30T23:37:18Z")
**Posts on this page:** 5
**Page:** 1

<div class="post-metadata">

### Author: ![David\_Hall](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/david_hall/32/479_2.png) [@David\_Hall](https://www.mineralrightsforum.com/u/David_Hall)
#### Post date: [September 30, 2016, 11:37pm UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291/1 "2016-09-30T23:37:18Z")

</div>

I inherited a small percentage of minerals in Block C-11 covering 3500 acres spread throughout Apache’s Alpine High (Go Bucks!) with a .25 royalty. Net acreage of my empire is 10.6 acres. I am not selling but did appreciate the recent offer of 3500.00/net acre I got this week. My Dad was a petroleum geologist so I know drilling is a crap shoot but I was wondering what a similar package of minerals in a successful shale play might be worth, also knowing it’s hard to compare anything with the differing price for petroleum over time.

---

<div class="post-metadata">

### Author: ![JM\_Wilson](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/jm_wilson/32/4502_2.png) [@JM\_Wilson](https://www.mineralrightsforum.com/u/JM_Wilson)
#### Post date: [October 4, 2016, 2:30am UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291/2 "2016-10-04T02:30:15Z")

</div>

Great question. I have close to the same. Maybe we will get an answer to your question.

---

<div class="post-metadata">

### Author: ![wade\_caldwell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/wade_caldwell/32/9599_2.png) [@wade\_caldwell](https://www.mineralrightsforum.com/u/wade_caldwell)
#### Post date: [October 20, 2016, 3:35am UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291/3 "2016-10-20T03:35:58Z")

</div>

Depending on location, most of the mineral buying companies I have seen have a top number of $5,000-12,500. Keep in mind leases are being sold for $20,000-47,000/acre. The buyers take a good deal of risk, but they are looking for big returns.

---

<div class="post-metadata">

### Author: ![Melissa\_Avery](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/m/58956e/32.png) [@Melissa\_Avery](https://www.mineralrightsforum.com/u/Melissa_Avery)
#### Post date: [November 15, 2016, 6:26pm UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291/4 "2016-11-15T18:26:13Z")

</div>

I wish I knew that when I leased my land to Apache. I signed a three-year lease with a 2-year option for $800 per ac. Can I opt out for a higher lease after the first 3-year period is up?

---

<div class="post-metadata">

### Author: ![system](https://www.mineralrightsforum.com/uploads/db5755/original/3X/6/c/6c7c56608c843272ad6e3662ce9562a5956f173e.png) [@system](https://www.mineralrightsforum.com/u/system)
#### Post date: [August 14, 2018, 11:00pm UTC](https://www.mineralrightsforum.com/t/potential-worth-of-minerals-i-inherited-an-itch-i-cant-scratch/4291/5 "2018-08-14T23:00:46Z")

</div>


