The common advice you will always hear is “Don’t sell your minerals”. Which is good, solid advice.
But everyone has different situations that may lead to going against the grain on this issue.
Remember, you can sell a part of your minerals and retain the balance. So, you get some cash but also still have an interest in future production.
In areas like the Permian Basin and especially the Delaware Basin (where most of Reeves County sits), any mineral owner needs to be TOTALLY aware of how many zones of interest exist that can be exploited using horizontal drilling and frac stimulation.
Depending on location, up to 7-8 different Hz landing zone targets / benches may be present.
Depending on the size of your mineral position, I would highly recommend that one gets an O&G expert (either geologist or petroleum engineering) who is familiar with the area to give you a top to bottom evaluation of potential target zones - along with theoretical recoverable O&G in place information. For all depths.
This should give the mineral owner a decent estimate of what really is associated with their minerals as to potential future production and revenue.
Although no one can know when an operator will drill and develop additional horizontal benches, it is possible to look at various scenarios and drilling / timing scenarios to give one an idea of future revenues (which can then be discounted for the timing of drilling and production)