Mineral rights entitle the owner to resources in the ground. In other words, if there is oil under my house, and I own the mineral rights, that is MY oil. What trips up a lot of people is that just because you own a piece of real estate, it doesn't necessarily mean you also [...]
How Mineral Rights Are Valued
tpgenergy_lojnkr2019-10-24T14:09:34+00:00If you own or recently inherited mineral rights, your first question is probably "What are these worth?" The honest answer is: it depends. Several variables come into play when people try to assign a value to mineral rights, but the most important are location, activity and commodity pricing. Location Where your mineral rights are [...]

Learn About Weld County Mineral Rights
tpgenergy_lojnkr2020-02-07T16:05:12+00:00Colorado has quickly grown to become 7th largest oil-producing state in the United States. Weld County has been the driving force behind this growth with 89% of the state's oil and 33% of its gas production comes from Weld County. This has largely been driven by the advent of horizontal drilling and hydraulic fracturing [...]
Will Oil Prices Go Up?
tpgenergy_lojnkr2020-01-30T13:26:48+00:00Oil prices are a staple in tickers that scroll across the bottom of the screen on channels like CNBC, MSNBC and Bloomberg. WTI and Brent crude prices are quoted in the news all the time. Most people have little to no interest in the price of oil beyond how it impacts the price of [...]

Tax Implications of Selling Mineral Rights
tpgenergy_lojnkr2019-10-24T14:02:14+00:00Like a house or plot of land, mineral rights are considered real property. As such, they are subject to the same tax treatment. This is good news for mineral rights owners as it allows them to take advantage of 1031 Exchanges. 1031s, sometimes referred to as "Like-Kind" or "Starker" Exchanges allow a mineral rights [...]

Learn About Laramie Mineral Rights
tpgenergy_lojnkr2020-02-07T16:16:12+00:00Laramie County, Wyoming is located above the Denver-Julesberg basin ("DJ Basin"), which has long been an oil and gas producing reservoir. However, most of the production to date has occurred on the Colorado side of the Wyoming-Colorado border in Weld County. It is important for Laramie mineral rights owners to understand the current activity [...]

Does Oil Price Influence Drilling Activity?
tpgenergy_lojnkr2019-10-24T14:28:01+00:00Oil is the most volatile commodity in the world. Prices can fluctuate dramatically from day to day. This poses an interesting question: Because oil and gas operators have to do their capital budgeting and planning well in advance of actual drilling, does oil price actual significantly influence drilling activity? Let's look at the chart [...]

Projecting Future Income From Mineral Rights
tpgenergy_lojnkr2019-10-24T14:47:37+00:00An oil company has leased your minerals and has drilled a well that is going to be producing oil soon. What should you expect in terms of revenue? Obviously, the answer to this depends on several variables unique to your situation: what your royalty rate is, how many acres you own, how many wells [...]

What Is Involved In Selling Mineral Rights?
tpgenergy_lojnkr2019-10-24T14:43:06+00:00If you own mineral rights, especially in resource rich states like Colorado, North Dakota, Wyoming or Utah, and are interested in monetizing them, it is important to understand how the sale process works. Your first question will undoubtedly be, "What are my minerals worth?", quickly followed by who is interested in buying them from [...]