Question Regarding Royalty

I’m a new member to the forum and I live in Arizona so do not have firsthand knowledge of the drilling and royalty process. I own mineral rights to land in La Salle County and have recently been approached to sell my rights. The following are my questions:

  • Is there a way to find out plans for current and future drilling activity?
  • How does one determine if royalties are currently due to you?
  • What efforts to companies make to find the owners of mineral rights?
  • What are the typical royalty percentage being negotiated in the area?

If you have survey info you can go to Texas RRC website and check on your area. The site isn’t the most user friendly, but many on here can help. Also the eaglefordforum has some members who will be very helpful in zeroing in on your exact location. There are likely members here as well. Just don’t sell yet… You need a lot more info.

Jim,

What is the Abstract # of your minerals in LaSalle County?

Clint Liles

Thanks, good advice

Laura said:

If you have survey info you can go to Texas RRC website and check on your area. The site isn't the most user friendly, but many on here can help. Also the eaglefordforum has some members who will be very helpful in zeroing in on your exact location. There are likely members here as well. Just don't sell yet.... You need a lot more info.