In this episode, we answer questions submitted by Scott, Greg, Charlotte, Clarissa, Sheri, and Paul. In this month’s listener Q&A, we tackle a diverse set of questions that reflect the full range of challenges mineral and royalty owners face — from a technical question about appraisal methodology, to a listener navigating a suspicious lease offer, to a Haynesville owner trying to squeeze more value out of a lease negotiation. We also respond to a listener who sent along an article that discussed the Section 45Q carbon capture expansion in the One Big Beautiful Bill Act and we provide a comparison to the mineral owner-focused take that we covered in MRP 297: Will the One Big Beautiful Bill Act Boost the Value of Your Minerals?. Whether you’re just starting to untangle inherited rights or you’re deep in lease negotiations with a major operator, this episode has something for you.
As before, many of the questions in this episode are covered in more depth in my Mineral Management Basics online course, including how to read a legal description, perform a title search, identify nearby oil and gas activity, and determine whether you should be getting paid on a well.
Thanks again to everyone who left a review or who submitted a listener question! If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com!
If this has been helpful, please take a moment and leave us an honest rating & review on Apple Podcasts. This feedback really helps keep us going and helps make sure that we are putting out content that is tailored to your needs.
Listener Question #1
When completing a mineral rights appraisal and the yield capitalization process, do you add the total cash flows + a value of the property derived from another method or just the cash flows?
Scott
Listener Question #2
Hi there—love the show. I own mineral rights on the Texas side of the Haynesville (Nacogdoches County).
I understand that you are answering questions from February but I think this may be a timely question.
Two questions:
I have an offer to renew my lease and there is an offer: 14.3 NMA unleased across seven tracts (current offer: $300/NMA
When evaluating their offer, should I consider these factors when assessing their bonus?
- Can Mitsubishi’s 8 billion dollar interest in Haynesville gas/LNG influence the bonus.
- When negotiating a lease, beyond checking neighbor deals, should I factor in planned infrastructure (pipelines, processing plants, gathering expansions, or even rail/industrial projects)?
- If yes, what’s the practical way to translate that into a stronger $ per NMA ask or better lease clauses (e.g., no-deductions/marketable-product, option payment ≥ original bonus, continuous development)?
Thank you for your time guys.
Greg
Listener Question #3
Hello! I stumbled upon your podcast when a member of my family received an offer regarding mineral rights we share in Texas. I have been very suspicious and started Googling for as much information as possible. Long story short, my sisters, cousins, and I, are the recipients of mineral rights shares upon the passing of all of our parents. My sisters and I have been receiving checks since our father passed in 2011. They are very small amounts, but we want to keep receiving them.
Our cousin was solicited by a small company about a ‘Paid Up Oil and Gas Lease’. It was explained to him that he would continue to receive his current checks, but could receive more if their drilling is successful. Our cousin told us that this guy would be reaching out to all of us, and this when the ‘scam-meter’ started to kick in. None of us have received anything. The phone number on the original communication was not matched to the guy’s name and, was in fact, the phone number at a local hospital. We cannot find any information about the guy himself. We are finding mixed information about the company. My sisters and I are suspicious and have gone down a research rabbit hole, which is when I discovered your podcast (very helpful by the way).
The reason I decided to reach out is that a few of our cousins are pretty set on doing this. We have been very hesitant and are needing to find out if this is legitimate, legal, and that they are not being scammed. After listening to a few of your episodes, I feel like it might fall in that ‘gray area’. There are other things that my sister has discovered while looking into public records regarding our shares that aren’t quite adding up either, but too much to put into this email.
I was wondering if this is something you would be able to look into? Perhaps it is all on the up and up and we just need someone to help explain to us. Or, it is, indeed, questionable and our radar is up for good reason. I have attached the body of the letter that my cousin received (with some names redacted). His brother has actually spoken with the guy and seems to think it is legitimate, but we are not convinced. We are spread out into different states including California, Idaho, Texas, and New Mexico.
I have a lot more documentation to share but wanted to start with this to see if this is something you are interested in looking into.
Thank you for your time! Perhaps it’s time I start investing some time into learning more about mineral rights!
Charlotte
Listener Question #4
Hello Matt,
It’s Clarissa. I was wondering if you would be able to help me with a search for my dads properties in Texas? I was going to see if I had any property left and if so how much is it worth? Thank you for your time and support.
Sincerely,
Clarissa
Listener Question #5
I was told by my dad that my great grandparents kept the mineral rights to their property; prior to me knowing them at their last. Unfortunately, my dad has passed, and I know the general vicinity of the land they owned, he showed me years ago when I was a teen. The land would have been owned 50-60 years ago. Can I do a mineral rights search on the Texas RR Commission website by their name and see if they still own the rights? Or can I go any where to do this kind of search.
I have tried other third-party searches but they all require money and I don’t even know if it will do what I need. Any help you can provide would be more helpful!
Sheri
Listener Question #6
Hi Matt, I thought I would send you this article from American Thinker in order to get your take. . . The author, Sterling Burnett, is a part of the Heartland Foundation out of Illinois, which I actually like and frequently listen to their podcast. They look at climate issues very realistically. I haven’t actually listened to your podcast # MRP 297: Will the One Big Beautiful Bill Act Boost the Value of Your Minerals? yet (my cousin sent it to me), but I will soon. Your “Key Takeaways” section actually makes the carbon capture section of The Big Beautiful Bill seem less onerous than Sterling Burnett indicates in his article.
Feel free to get back to me at your convenience.
Best regards,
Paul
Resources Mentioned in this Episode:
Mineral Rights Education
- Mineral Management Basics Online Course
- National Association of Royalty Owners (For a limited time, use coupon code “MRPODCAST” for $25 off an Introductory Membership. Good only for first-time members).
- 1-on-1 Coaching with Matt
Valuing Mineral Rights
- Matt’s company, Silverheels Investments & Consulting provides mineral rights consulting and advisory services. We perform mineral valuations and appraisals and a myriad of other consulting services to meet the needs of mineral owners large and small. If you would like to understand what your mineral rights and royalties are worth, please contact Matt today for a free consultation.
- MRP 84: The Top 6 Things That Affect The Value of Mineral Rights and Royalties
- MRP 194: How Do You Calculate Mineral Rights Value?
- MRP 4: How Mineral Rights are Valued
Mineral Rights Research
- Texas Railroad Commission (RRC) Inactive Wells Search Page
- MRP 10: How to Perform a Title Search
- Download my Free Runsheet Template to help you get started with your mineral rights title search.
- MRP 103: How to Find Out if You Have Unclaimed Royalties
- WellDatabase.com
- MRP 226: How to Use the Texas Railroad Commission Website
- MRP 227: How to Find Oil and Gas Info for Oklahoma
Negotiating an Oil & Gas Lease
- For help with negotiating tactics, I really like the book Never Split the Difference by former FBI hostage negotiator Chris Voss.
- MRP 6: How to Negotiate an Oil and Gas Lease
Taxes
- MRP 20: Taxes on Mineral Rights and Royalties
- MRP 118: Guide to Proposed Tax Law Changes for Mineral and Royalty Owners
- MRP 146: How Mineral Rights and Royalties are Taxed in 2022
- MRP 223: Year End Mineral Rights Tax Tips
- MRP 234: Mineral Rights and Royalties Tax Strategies
Inheritance
- MRP 215: Using a Lady Bird Deed to Streamline Inheritance
- MRP 203: How to Navigate Inheritance Issues with Minerals and Royalties
- MRP 39: Mineral Rights Inheritance
- MRP 290: Listener Questions June 2025
- MRP 273: Listener Questions – January 2025
- MRP 85: Probate and Marketable Title with Attorney Richard Winblad
Thanks for Listening!
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Thanks again – until next time!
