In this episode, we answer questions submitted by Karl, Kimberly, Cara, and Danielle related to leasing for a stratigraphic test well, how to establish the cost basis for mineral rights that are sold, saltwater disposal wells, best practices for selling non-producing mineral rights, and more! If you have a question you would like us to answer, send an email to: feedback@mineralrightspodcast.com. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com  

MRP 216:  Listener Q&A - Exploration Leasing, Cost Basis for Minerals that are Sold, Surface Use Agreements, Selling Non-Producing Minerals, and More!

Welcome to The Mineral Rights Podcast!  I'm here to help you to make the most out of your oil and gas mineral rights and royalty interests.  From the latest mineral rights news to featured guests, get the knowledge and resources you need to manage your minerals and royalties.

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In this episode we answer listener questions submitted by Tom, Anita, Ronnie, Karen, and Raegan.  This episode was filled with a wide variety of questions from tips for locating missing minerals and royalties, dealing with non-payment by an operator, educating yourself (and others) about minerals, if your minerals might be prospective for lithium, and how to determine if your operator drilled a new well in time before the primary term of your lease expired, and more. Be sure to check out the show notes at mineralrightspodcast.com for links to the resources mentioned in this episode!

MRP 244:  Listener Questions May 2024

In this month’s Mineral Rights News episode, we give an update on the refilling of the Strategic Petroleum Reserve (SPR), the BLM withdraws 220,000 acres of federal land from future oil, gas, and mineral development in Colorado, the state of Alaska sues the federal government over Pebble Mine takings claim. And the Rig Count! As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 243:  Mineral Rights News May 2024

You may see that one or more of the wells on your property is listed as "shut-in" or "plugged and abandoned" on the state oil & gas commission website and wonder what this means for your future royalties.  In this episode, we explain some of the main reasons wells can end up getting shut-in and whether they can be restarted.  We also explore scenarios where an operator may re-enter a previously abandoned wellbore instead of drilling an entirely new well. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 242:  Can a Shut-in or Plugged Well be Reopened?

In this episode we answer listener questions submitted by Tyler, Margaret Ann, Nate, Gene, Robert, Anna, and Allen.  This one was interesting because we talked about some new topics like:  how to underwrite a mineral rights investment, the Haynesville Shale, minimum thresholds for royalty payments, Oklahoma Senate Bill 212, secondary market for non-operated working interests, educating yourself (and others) about minerals, and more.   As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 241:  April 2024 Listener Questions

 In this episode we show you how to find oil & gas info using the Wyoming Oil & Gas Conservation Commission website.  As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. This assumes you already know your legal description and the type of oil & gas interests you own.    If you would like to learn more about the topics covered in this episode as well as the different types of mineral and leasehold interests, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, be sure to check out my Mineral Management Basics Online Course.  As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 216: Listener Q&A - Exploration Leasing, Cost Basis for Minerals that are Sold, Surface Use Agreements, Selling Non-Producing Minerals, and More!

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