In this interview, NARO Board Member and Landman (Landwoman), Katy Alven, shares her experiences working in the oil & gas industry and most recently managing the land department of a mineral acquisition company. We also discuss Katy’s involvement with NARO and how being a NARO member has helped her manage her mineral rights.
Be sure to also subscribe on Apple Podcasts via the link above and please leave us an honest rating and review. We read every one of them and sincerely appreciate any feedback you have. To ask us a question to be featured on an upcoming episode, please leave a comment below or send an email to feedback@mineralrightspodcast.com.
About Our Guest
Katy Alven is a landman, mineral owner, and has been active in the oil and gas industry since 2007. She is head of the Land Department at Mekusukey Oil Company, LLC in Wewoka, Oklahoma. She is responsible for Mekusukey’s ongoing mineral acquisition program and management of Mekusukey’s inventory of approximately 110,000 net mineral acres across 26 states. Additionally, in 2016, Katy founded Mustang Minerals, LLC and currently owns and manages approximately 900 net mineral acres across 13 states.
In 2006, Katy graduated from Southern Methodist University in Dallas with a BA in English and later obtained an MBA from the University of Central Oklahoma in Edmond (2012) and a Master of Legal Studies in Energy from Oklahoma City University (2014).
Katy is a Certified Mineral Manager and Registered Professional Landman. She was elected to the Oklahoma NARO Board in 2018 and is the current OK-NARO Secretary. She was elected to the National NARO Board in 2021. In addition to NARO, she is a member of the American Association of Professional Landmen, Oklahoma City Association of Professional Landmen, and Texas Independent Producers & Royalty Owners Association.
You’ll Learn
Katy Alven shares some practical tips on how to get the most from a potential sale of your mineral rights or royalties and the advice she gives to other mineral owners. Also, learn about how NARO has helped her personally and in her job with Mekusukey Oil Company, LLC.
- Tell us a little about yourself and your background. Where did you grow up?
- How did you land in oil and gas and mineral rights and royalties specifically?
- So you work for a mineral acquisition company as their Land Manager but do you also own minerals or royalties? How did you come into them?
- As a land manager can you tell us a little bit about your day to day work to help our listeners understand what goes on behind the scenes at a minerals company? What are some of your responsibilities?
- Where do you all own minerals and where are you most active?
- What is the minerals market like right now post COVID? Are you seeing activity levels start to pick up in the basins where you work?
- In your work outside of NARO, what has been some of the most challenging work you have done and why?
- What have been some of the biggest challenges you’ve faced as a mineral and royalty owner or that you see other mineral owners have to deal with?
- What were some of the most helpful resources that you found in addressing these challenges?
National Association of Royalty Owners (NARO)
- How long have you been a member of NARO?
- How did you originally hear about NARO?
- Is your involvement with NARO related to your family or is it related to your profession? Are you a generational mineral or royalty owner?
- What has been the most challenging part of your work with NARO?
- What are the top 3 ways that you have benefited from being a NARO member?
- I understand you are a Certified Minerals Manager? How has the CMM program has been beneficial?
- For mineral and royalty owners listening to this, why should they join NARO?
- What about the state and National Conventions? What are those like? In addition to networking with other mineral and royalty owners, what are some of the other benefits?
Resources Mentioned in This Episode
- National Association of Royalty Owners (NARO) Website
- Upcoming NARO Webinars and Events for Mineral and Royalty Owners
- NARO Certified Minerals Manager Program
- MRP 34: Important Documents for Mineral Rights and Royalties
- MRP 78: How to Sell Your Mineral Rights or Royalties For The Highest Price
Contact Katy:
- email: katy@mekusukey.com
Thanks for Listening!
To share your thoughts:
- Leave a comment or question below (we read each one and your question may be featured in a future episode)!
- Ask a question or leave us feedback via email or voicemail: (720) 580-2088.
To help out the show:
Click the Apple Podcasts Logo Above to leave us a rating & review. It really helps us reach those that need to hear this information and only takes a minute. We greatly appreciate it! Plus, you can get a shout out on a future episode!
Thanks again – until next time!
