Everything You Need to Know About Mineral Royalty Rights in Texas

You might not realize it, but the rights to the minerals underneath the land you own can be bought and sold under certain circumstances. The nuances of surface rights and mineral rights can be confusing, so to help you out, our team at Enfield Minerals created this short list of frequently asked questions.

If you’re curious about royalty rights in Texas and what exactly you can and cannot do, continue reading to learn more.

What Are “Mineral Rights”?

Simply put, the term refers to the legal ability to extract minerals from the earth. Minerals can refer to several different materials, including fossil fuels, metals, and even nonmetallic minerals like limestone and salt.

How Do I Sell My Mineral Rights?

There are two main methods for selling the rights to the minerals on your land. The first is selling them independently and searching for buyers yourself, but it’s often difficult to find someone who’s reputable.

If you work with a company like Enfield Minerals to sell your mineral rights, we’ll work with a massive network of reputable buyers so you can get the best price possible.

How Much Are My Mineral Rights Worth?

How much you get paid and the amount of royalties you receive depends on a number of factors. This includes the type of material, whether you’re leasing your property or not, your current location, and the price of oil and gas at the time. It can be quite complicated to factor until someone surveys the land and determines the true value.

How Long Will I Receive Royalty Checks?

Once again, this largely depends on a few different factors. You’ll get royalty checks as long as your land is still producing the desired mineral or oil. The company doing the extraction can stop production due to finances, oversupply, or if market prices fluctuate. If you lease your mineral rights, you’ll stop being paid once the contract is over.

Visit Enfield Minerals to Learn More

If you have any additional questions about mineral royalties and how you can start getting paid for the minerals on your property, contact our extraction company in Houston, TX, today. The process can be quite complicated if you’ve never gone through it before, so our team of experts is ready and willing to walk you through the entire thing. Call us today or schedule an appointment!