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

The current helium supply crunch is likely to get worse before it gets better but in the meantime we talk about how royalty owners can profit from Helium production and prices upwards of $600/mcf for this rare gas.

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

In this episode we discuss how different oil and gas companies work together, what agreements they use, how a company can be an operator in some wells and also a non-operated working interest partner in other wells that another company operates. Plus the strategies and tactics often involved with these types of acreage trades and agreements.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this episode we provide an overview of the Eagle Ford Shale play in South Texas. Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil and gas basin. Plus, we talk about some exciting developments where operators are also targeting additional formations like the Austin Chalk and Buda Limestone in certain areas.

Links to the charts and 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 May 2022, we talk about how private ownership of mineral rights is America's secret weapon, Fort Collins, Colorado looks to buy all minerals under the city, PA lawmakers clarify pore space rights, why oil companies aren't growing production, and the Baker Hughes Rig Count.

• Mineral Rights In America: A Secret Weapon For Clean Energy Abundance?
• Fort Collins City Council mulls an unusual path for preventing oil and gas development
• Pa. landowners have dealt with coal, oil and gas rights. Now, there are pore rights. | Pittsburgh Post-Gazette
• Why US Oil Companies Aren't Riding to Europe's Rescue - The New York Times
• Baker Hughes Rig Count

As always, 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].

Did you know that the oil and gas industry is not the only industry that uses underground injection wells. As mineral and royalty owners, it is helpful to understand the difference between a saltwater disposal well and a water injection well used for enhanced oil recovery. Plus, it is important to understand who benefits from underground injection wells used in the oil & gas industry. In this episode, we talk about the different types of injection wells and considerations from both a surface and mineral owner perspective.

As always, show notes can be found at mineralrightspodcast.com.

In this episode, Justin and I interview Neil Ray with CAMRO. We discuss the new Colorado Oil and Gas Financial Assurance regulations that just went into effect. If you're not familiar with what financial assurance is, it is the process of operators putting up money to ensure that the state isn't left footing the bill for plugging and abandoning wells in case the company goes out of business. This is just one part of the overarching changes to the way that oil and gas is regulated in the state of Colorado.

This topic is important because even if you don't have minerals in the state, other progressive states could adopt similar measures. These new financial assurance rules may make it difficult for small producers to meet the requirements which is important because according to the IPAA, there are about 9,000 independent oil and natural gas producers in the US. These are the small mom and pop operators that employ an average of just 12 people. These companies produce 83 percent of America's oil and 90 percent of America's natural gas.

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

The U.S. House of Representatives recently held a hearing titled "Gouged at the Gas Station: Big Oil and America's Pain at the Pump" where they grilled six oil company CEO's about the recent increase in gasoline prices. While this hearing was mostly political grandstanding and lacked much substance, we break down the implications of what was said and what might be holding back companies from increasing oil production in 2022.

As always, show notes can be found at mineralrightspodcast.com.

It's true, energy companies have been profitable lately...to the tune of an 8.3% profit in 2021. Yup, the only segment worse than energy was consumer staples with a profit margin of 6.6%. Yet here we are talking about windfall profits. In this episode we break down this proposal and how it is not only not a profits tax but will have the exact opposite effect on energy prices than what is intended.

As always, links to the references and clips mentioned in this episode can be found at mineralrightspodcast.com.

In this month's Mineral Rights News Episode for April 2022, we discuss a landmark case in North Dakota that could decide how surface owners are compensated for the use of underground pore space, windfall profits tax measure introduced by Democrats, and the SEC takes aim at greenhouse gas emissions.

• 'Pore space' a growing issue for North Dakota's energy industry, landowners | State & Regional | bismarcktribune.com

• Senator Elizabeth Warren Targets Oil Companies With Plan to Tax Windfall Profits - Bloomberg

• US SEC proposes companies disclose range of climate risks, emissions data | Reuters

As always, articles mentioned in this episode can be found at mineralrightspodcast.com. To send us an article you'd like us to cover: [email protected].

It's March and it is time to get things in order to file your taxes. In this episode we discuss how Mineral rights and royalties are taxed, deductions you can take to reduce the tax liability associated with your oil and gas royalties, and we'll also provide a refresher on a quick audit you can do on your royalty statements before you file your taxes.

Checkout the free royalty audit worksheet and my tax resource guide which you can download for free. Links can be found in the show notes at mineralrightspodcast.com

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