# Sale of minerals

**URL:** https://www.mineralrightsforum.com/t/sale-of-minerals/5415
**Category:** General Mineral Rights Discussion
**Created:** [March 9, 2016, 10:41pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415 "2016-03-09T22:41:25Z")
**Posts on this page:** 6
**Page:** 1

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### Author: ![Ledlie\_Powell](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/ledlie_powell/32/12469_2.png) [@Ledlie\_Powell](https://www.mineralrightsforum.com/u/Ledlie_Powell)
#### Post date: [March 9, 2016, 10:41pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/1 "2016-03-09T22:41:25Z")

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I have a question: can a mineral owner within a 640-acre spacing unit that has two producing wells sell mineral rights in these two boreholes and retain HBP minerals outside the borehole?

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### Author: ![r\_w\_kennedy](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/r/3ec8ea/32.png) [@r\_w\_kennedy](https://www.mineralrightsforum.com/u/r_w_kennedy)
#### Post date: [March 10, 2016, 2:05am UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/2 "2016-03-10T02:05:05Z")

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I’m sure you may do so. Whether it would be worthwhile to do so would depend on many factors. If I were a buyer, I would be offering a low price to make sure I recovered my investment because I wouldn’t have all the minerals and future drilling as a backstop in case I overestimated the value from those two wells.

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### Author: ![Donald\_Skotty](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/donald_skotty/32/4120_2.png) [@Donald\_Skotty](https://www.mineralrightsforum.com/u/Donald_Skotty)
#### Post date: [March 10, 2016, 5:03pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/3 "2016-03-10T17:03:03Z")

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There are many variations on a sale including the royalty (not the underlying minerals) on the two bores, even limiting it to a period of time (term), or a dollar amount of royalty recoupment (called a production payment).

Alternatively, if you have a short term cash need, you might consider a royalty loan.

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### Author: ![Charles\_Emery\_Tooke\_III](https://www.mineralrightsforum.com/user_avatar/www.mineralrightsforum.com/charles_emery_tooke_iii/32/16731_2.png) [@Charles\_Emery\_Tooke\_III](https://www.mineralrightsforum.com/u/Charles_Emery_Tooke_III)
#### Post date: [March 10, 2016, 6:01pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/4 "2016-03-10T18:01:42Z")

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Hi Ledlie -

I agree with both RW and Donald.

What someone would offer you would be lower than if you were selling all or even a part of your minerals but in the entire tract.

And if it is a short term cash need, you might consider selling or mortgaging your existing revenue stream or a part of it.

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### Author: ![Wolfcamp\_Shale](https://www.mineralrightsforum.com/letter_avatar_proxy/v4/letter/w/3bc359/32.png) [@Wolfcamp\_Shale](https://www.mineralrightsforum.com/u/Wolfcamp_Shale)
#### Post date: [March 10, 2016, 9:06pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/5 "2016-03-10T21:06:32Z")

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Ledlie, if you’re needing assistance drafting a deed to accomplish that, you may want to consider reaching out to one of the forum sponsors that handle mineral transactions:

[http://marketplace.mineralrightsforum.com/ad-category/minerals-management-consultants/](http://marketplace.mineralrightsforum.com/ad-category/minerals-management-consultants/)

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### 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, 11:18pm UTC](https://www.mineralrightsforum.com/t/sale-of-minerals/5415/6 "2018-08-14T23:18:10Z")

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