What kind of price do you have in mind? Highest I have seen was for unleased rights at $8000 in wv
Have you tried any other companies or just gonna hold?
Once you put the minerals in your name, Tyler Co. will tax the property. They use a minimum value of $200 and at that valuation you would pay $4.74/yr. Then you are taxed on production by the county as well. Basically, they use the production to put a value on the completed well, so the better the well the more the tax. If so so, figure figure @ $100-150/yr tax and if it is a good producer then $250-300/yr. They Do NOT tax the bonus money for just leasing the property. Although, you would have to declare that for income taxes. Point is the property taxes are very reasonable for producing wells and down right ridiculous low for just owning the minerals without a producing well.
We have several horizontals and over the first four years of production we averaged $137.93/mo./net ac. in unit/well
The avg lease rate was a little over 13% on 15 wells.