The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

We recorded this month's Mineral Rights Podcast news episode live at the National Association of Royalty Owners (NARO) state Convention in Denver, CO. We discuss how Exxon and Chevron's record profits stack up to other industries, Ovintiv sells Uinta Basin acreage, and New Mexico's oil and gas emissions rule becomes law, and the current rig count!

• Exxon and Chevron Report Record Profits on High Oil Prices - The New York Times
• Colorado oil producer Ovintiv sells assets in two U.S. basins, returns money to shareholders - Denver Business Journal
• New Mexico's nationally leading oil and gas emissions rule becomes law

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

Dr. Bill Eustes is a professor emeritus with the Petroleum Engineering Department at the Colorado School of Mines and an instructor with the TOP Energy Training consortium.

We talk about what goes into drilling a well, what the future holds with advancements in drilling technology, and how what we've learned in oil and gas drilling can be applied to things like geothermal energy and CO2 sequestration.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this episode, we answer listener questions that were submitted via email by John, Sarah, Helen, Jeffrey, Ervin, Danny, John, Chuck, and Michelle. If you have a question that you need help with, send it to [email protected]. Who knows, we might just answer it in a future episode!

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

Prior period adjustments are a relatively common occurrence in the oil and gas industry and typically result from changes in volumes of oil, natural gas, or NGL's that were actually sold vs. what you were paid for, or adjustments in the prices paid for these products, or in some cases changes to the division of interest in your wells. The first two are more common and the frequency of PPA's may vary greatly by operator, state, and basin or play.

More information including resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this month's mineral rights news episode for July 2022, we talk about gasoline prices and refinery capacity and the outlook for the future, oil and gas activity in West Texas linked to increase in earthquakes, are Saudi Arabia and the UAE already pumping at maximum capacity?, and the rig count is up again this month!

• How a massive refinery shortage is contributing to high gas prices : NPR
• UAE, Saudi Arabia Pumping Oil Near Limits: Macron
• Oil and Gas Activity Linked to Most Recent Earthquakes in West Texas - UT News
• Baker Hughes Rig Count

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this episode, we talk about the different strategies to consider when investing in mineral rights and royalty interests. Ultimately, the strategy that you employ will determine the types of properties that meet your investment criteria. From the type of interest, the geographic location, whether it already has producing wells or is undeveloped, to the product mix, all of these factors can contribute to the potential for generating near-term yield or whether it is a longer-term capital appreciation play.

In case you missed it, we provide an overview of the different ways to invest and the specific step-by-step process for directly purchasing minerals and royalties in previous episodes so be sure to listen to these as well:

• MRP 26: Investing in Mineral Rights and Royalties
• MRP 126: Deep Dive on Investing in Mineral Rights, Royalties, and Working Interests
• MRP 128: Managing and Investing in Minerals and Royalties with Jarrett Kitch
• MRP 159: Guide to Buying Mineral Rights

Links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

Learn how to find the best mineral rights purchase opportunities, how to identify and contact the owners, how to hire the right advisors and common mistakes to avoid.

Links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

What is geothermal energy? How does it work? Is it renewable? How can mineral owners benefit from geothermal energy development?

Listen to the entire episode to hear answers to these questions and more. As always, resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

this episode we give an update on the current oil market and discuss why leading indicators like the inventory of Drilled but UnCompleted (DUC) wells is important in determining if the U.S. can grow production to meet demand (and in turn cause oil prices to fall). We also talk about the impact of the recent EU embargo on Russian crude oil and the June 2022 OPEC+ meeting and how these things will affect prices for the remainder of 2022.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for June 2022:

• Mineral interest owners sue Gov. Justice over new forced oil and gas well unitization law | Energy and Environment | wvgazettemail.com
• Why Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas - WSJ
• Sorry, But for You, Oil Trades at $250 a Barrel - The Washington Post
• Baker Hughes Rig Count

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected].