Valuation Situations
Open a Workpaper Guide
Got an Unsolicited Offer?
An unsolicited mineral rights offer has a multiple baked into it, even if the letter doesn't say so. Here's how to reverse-engineer what it actually implies.
Inherited Mineral Rights
Inherited a fraction of a mineral estate? Here's how the per-acre math holds even when your slice is small, and what changes the discount buyers apply.
Fractional & Small Interests
Decimal interests as small as 0.0004 still trade. Here's how fractionated mineral ownership gets priced, and why the discount narrows with clean title.
Minerals in Probate & Estates
Executors need two numbers for mineral interests: date-of-death value for the estate return, and today's market value if the estate plans to sell.
Trust-Owned Minerals
Trustees managing mineral interests face a specific duty: diversification, documented valuation, and beneficiaries who expect both.
Leased but Undrilled
A signed lease with no well yet still holds value tied to the primary term, the bonus paid, and how much runway is left before it expires.
Non-Producing Minerals
No well, no check stub, still a value. Here's how non-producing mineral acreage gets priced on prospectivity instead of cash flow.
Out-of-State Owners
Owning mineral rights hundreds of miles from the well creates real friction: suspended checks, missed division order updates, and no local eyes on activity.
Selling for Liquidity
Retirement, medical bills, or debt can push owners to convert royalty income into a lump sum. Here's how that trade gets valued and timed.
Mineral Rights in Divorce
Splitting mineral rights in a divorce means both sides need to trust one number. Here's how a royalty stream gets valued so neither party feels shorted.