Would You Sell Your Land & Minerals? And If So How Much Would You Take? - GoMarcellusShale.com2024-03-29T10:18:56Zhttps://gomarcellusshale.com/forum/topics/would-you-sell-your-land-minerals-and-if-so-how-much-would-you?commentId=2274639%3AComment%3A681786&feed=yes&xn_auth=noThanks David Allen Lilly, Dis…tag:gomarcellusshale.com,2015-06-24:2274639:Comment:6820342015-06-24T15:47:08.484ZRobert Allinghamhttps://gomarcellusshale.com/profile/RobertAllingham
<p>Thanks David Allen Lilly, Discussions are always good and welcome. Thanks for not attacking. Good luck to you and yours buddy.</p>
<p>Thanks David Allen Lilly, Discussions are always good and welcome. Thanks for not attacking. Good luck to you and yours buddy.</p> Yes, you could sell your inte…tag:gomarcellusshale.com,2015-06-23:2274639:Comment:6818832015-06-23T17:37:05.434ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>Yes, you could sell your interest without having the other owners involved. If you own 1/5, or 20%, you'd be paid for 100% ownership of 20% of the rights. So you'd be paid for 21 <em>net </em>acres. </p>
<p>Yes, you could sell your interest without having the other owners involved. If you own 1/5, or 20%, you'd be paid for 100% ownership of 20% of the rights. So you'd be paid for 21 <em>net </em>acres. </p> David, I've modeled out dozen…tag:gomarcellusshale.com,2015-06-23:2274639:Comment:6821142015-06-23T17:33:35.773ZDexter Greenhttps://gomarcellusshale.com/profile/DexterGreen
<p>David, I've modeled out dozens of wells and found that, in most cases, mineral buyers (the legitimate ones, not the fly-by-night jobs) are paying much higher than 10% of the NPV. In Columbiana county a few years ago Westhawk was paying $7,000/ac. Based on the production figures and the pricing in that county right now that number represents perhaps 33% of the NPV. It's not always a high number, but there are some buyers who are certainly putting up a fair amount of risk. </p>
<p>David, I've modeled out dozens of wells and found that, in most cases, mineral buyers (the legitimate ones, not the fly-by-night jobs) are paying much higher than 10% of the NPV. In Columbiana county a few years ago Westhawk was paying $7,000/ac. Based on the production figures and the pricing in that county right now that number represents perhaps 33% of the NPV. It's not always a high number, but there are some buyers who are certainly putting up a fair amount of risk. </p> We can respectfully disagree.…tag:gomarcellusshale.com,2015-06-23:2274639:Comment:6817952015-06-23T11:08:15.449ZDavid Allen Lillyhttps://gomarcellusshale.com/profile/DavidAllenLilly
<p>We can respectfully disagree.</p>
<p>Your situation is an outlier, a combination of circumstances that are rare.</p>
<p>Not everyone who sells is "unknowledgeable" but I bet you the vast majority are and that 99.99% will come to wish they hadn't sold their royalties.</p>
<p>Good luck with yer back surgery, I find myself in much the same circumstance.</p>
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<p>We can respectfully disagree.</p>
<p>Your situation is an outlier, a combination of circumstances that are rare.</p>
<p>Not everyone who sells is "unknowledgeable" but I bet you the vast majority are and that 99.99% will come to wish they hadn't sold their royalties.</p>
<p>Good luck with yer back surgery, I find myself in much the same circumstance.</p>
<p></p> I am having trouble posting m…tag:gomarcellusshale.com,2015-06-23:2274639:Comment:6817862015-06-23T02:54:51.571ZTony Yurinahttps://gomarcellusshale.com/profile/AnthonyYurina
<p>I am having trouble posting my update and edits.</p>
<p></p>
<p>I do not recommend selling any minerals. If you have to only sell one strata and a small percentage of the total. There is too much future upside.</p>
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<p>I am having trouble posting my update and edits.</p>
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<p>I do not recommend selling any minerals. If you have to only sell one strata and a small percentage of the total. There is too much future upside.</p>
<p></p> I wiltag:gomarcellusshale.com,2015-06-23:2274639:Comment:6816922015-06-23T02:50:34.700ZTony Yurinahttps://gomarcellusshale.com/profile/AnthonyYurina
<p>I wil</p>
<p>I wil</p> From all the reading I've don…tag:gomarcellusshale.com,2015-06-22:2274639:Comment:6818522015-06-22T21:18:41.991Zbo boboskihttps://gomarcellusshale.com/profile/boboboski
<p>From all the reading I've done on the matter, my answer would be YES. If you filed bankruptcy,the trustee could take your share!. You could even use your share as collateral for a loan. You'd still need a lawyer,sorrytosay.</p>
<p>From all the reading I've done on the matter, my answer would be YES. If you filed bankruptcy,the trustee could take your share!. You could even use your share as collateral for a loan. You'd still need a lawyer,sorrytosay.</p> I'm just curious to know if f…tag:gomarcellusshale.com,2015-06-22:2274639:Comment:6815782015-06-22T17:12:38.634ZChris Stevensonhttps://gomarcellusshale.com/profile/ChrisStevenson
<p>I'm just curious to know if five family members who jointly own the mineral rights to 105 acres can sell their rights individually. My sister and I would like to pursue this, only because we're deeply in debt and a little too old to wait. That would leave my cousin and her two children. How does something like that work? We don't own the land above, only the mineral rights.</p>
<p>Thank you in advance for any answer,</p>
<p></p>
<p>Chris</p>
<p>I'm just curious to know if five family members who jointly own the mineral rights to 105 acres can sell their rights individually. My sister and I would like to pursue this, only because we're deeply in debt and a little too old to wait. That would leave my cousin and her two children. How does something like that work? We don't own the land above, only the mineral rights.</p>
<p>Thank you in advance for any answer,</p>
<p></p>
<p>Chris</p> For me to buy a Porsche is a…tag:gomarcellusshale.com,2015-06-22:2274639:Comment:6817282015-06-22T00:46:40.642Zwilliam Allen. Laddhttps://gomarcellusshale.com/profile/williamAllenLadd
<p>For me to buy a Porsche is a ridiculous thought. I'd be better off to fry my breakfast eggs with the dollar bills a Porsche would cost.</p>
<p>I doubt that anyone actually knows just what the value of any minerals under their property is worth. It would be a gamble to buy anyone's mineral rights anyway. They might have an educated guess but the cost of harvesting any minerals could well be far to expensive. On the other hand if the landowner does sell the mineral rights, then any possible…</p>
<p>For me to buy a Porsche is a ridiculous thought. I'd be better off to fry my breakfast eggs with the dollar bills a Porsche would cost.</p>
<p>I doubt that anyone actually knows just what the value of any minerals under their property is worth. It would be a gamble to buy anyone's mineral rights anyway. They might have an educated guess but the cost of harvesting any minerals could well be far to expensive. On the other hand if the landowner does sell the mineral rights, then any possible income from those minerals would go into some one else's pocket!</p>
<p>Bill L.</p> David Allen Lilly, Not trying…tag:gomarcellusshale.com,2015-06-21:2274639:Comment:6818172015-06-21T19:48:21.834ZRobert Allinghamhttps://gomarcellusshale.com/profile/RobertAllingham
<p>David Allen Lilly, Not trying to cause any trouble, just a discussion. I have to sell a portion of my oil/gas rights(not mineral rights) in order to get an important back surgery to increase my quality of life. I am the investor type also. I am college educated and retired from the Federal Gov't. Obama care ruined my health benefits and my co-pays are now a percentage of total cost which puts some of my health care almost out of reach. I am selling roughly 33% of my rights and keeping the…</p>
<p>David Allen Lilly, Not trying to cause any trouble, just a discussion. I have to sell a portion of my oil/gas rights(not mineral rights) in order to get an important back surgery to increase my quality of life. I am the investor type also. I am college educated and retired from the Federal Gov't. Obama care ruined my health benefits and my co-pays are now a percentage of total cost which puts some of my health care almost out of reach. I am selling roughly 33% of my rights and keeping the other 66%. I will be investing half of what I'll be getting in the stock and bond markets. I am an individual investor using Value line investment survey and standard and poor's valuations. The 33% I have to sell will also keep me at a zero capital gains rate for the Fed and my only tax liability will be state and local. Not everyone that sells is unknowledgeable. Therefore I respectfully disagree with your above statements. Again this is for discussion purposes and not to pick a fight.</p>