In this month’s listener Q&A episode, we answer an interesting mix of questions: from assessing a mining prospect on inherited land in Alabama, to a Texas mineral owner caught in the middle of a confusing pooling-versus-allocation dispute with their operator, to one of the most common (and heartbreaking) situations we hear about — a widow trying to untangle mineral ownership across three states after her husband’s passing. Whether you’re dealing with unclaimed property, figuring out what your minerals are worth, or just trying to get organized before the worst happens, 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
Matt,
I was the audience member inquiring about pooling vs allocation calculations in Texas. You mentioned there being precedent for the TRRC making oil companies honor the paperwork filed in regards to how NRI is calculated. Can you point me in the right direction trying to find such precedent, or is this more of a straightforward situation and I should file for a hearing with TRRC?
Thanks for your help
Stephen
Listener Question #2
Hello Matt
Thanks for dropping into my inbox today. I appreciate it! Yes, I learned about “missing money.com” in 2017, it took a long time to get any information (my mother died in 1995). Sent Heir information to Texas Comptroller Unclaimed Property.
Texas Comptroller of unclaimed property never asked for more information (said never received the information). Applied again 2025, still no correspondence. I have been in a very difficult battle since 1995 with corrupt authorities. I have managed to protect the property and make it whole again but still fighting corrupt agency’s. I am running out of time and trying to protect my family inheritance.
Sincerely, thank you
Linda
Listener Question #3
Hello Gentlemen,
Thank you for doing your excellent podcast. I realize the thrust of this show is oil and gas but I was hoping you may have some info that could help. First I inherited 940 acres of mineral rights near Ashville, AL and I am fairly certain the rights are above a large shale deposit part of the Big Canoe area. I am researching what to do with that through your resources.
Second, I inherited land with taphole clay on it and I own the mineral rights.
Do you guys have an example document to show how to put the information needed together to approach an investment group about buying the land with clay and mineral rights? I am curious to know what level of fidelity to pursue that is acceptable for testing of cores to show what is on the property i.e. how deep to take samples and metrics to use/how many cores per acres, etc.. Would it behoove me to start a faux mining company and get city approvals first? I’m also wondering the best, least expensive, way to assay the ground to show what is there. I have some ideas but would like to hear your thoughts.
Thank you,
Jonathan
Listener Question #4
Hi Matt,
I’ve enjoyed learning from your experience. My family and I are working on a project on our land and we’ve entered into an area where our knowledge is fuzzy. Do you do consulting?
Best, Phillip
Listener Question #5
I was left an interest in 4 Wells in Kati Parrish,LA and I want to sell the mineral rights,How do I find out what they are worth
Thank you
Sonya
Listener Question #6
I’m a mineral owner and want to purchase more royalty interests.
Rene
Listener Question #7
Hi Matt,
Thank you for keeping me on the email list to receive your newsletters. I am interested in setting up a one-on-one coaching session with you. I am also considering joining the National Association of Royalty Owners. Below is the reason why:
My husband had mineral rights interest in North Dakota, Texas, and New Mexico. He had producing leases and was receiving royalty payments from North Dakota. We had been talking about transferring the deeds to either both our names or to our family trust. Sadly, my husband passed away earlier this year after an extended illness before we could do the transfer. We did have a will draw up to show that the surviving spouse would inherit assets and set also up Power of Attorney documents, with myself as my husband’s attorney in fact, and my son as mine. However, the mineral deeds are still under his name alone.
Since I could no longer draw up a deed transfer after my husband’s death, I contacted a North Dakota oil and gas attorney and have been working with them the past few months. They began probate proceedings and will wrapping things up shortly and recording the deeds to my name. However, I have not done anything about the Texas and New Mexico minerals. I don’t want to hire attorneys for those states, but I don’t know what to do, as I cannot legally lease or sell the minerals while still in my husband’s name.
Could you provide some advice regarding my situation?
Sincerely,
Cindy
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
- MRP 304: Understanding Texas Allocation Wells and Pooling
- 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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- Leave a comment or listener question below (we read each one and your question may be featured in a future episode)!
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Thanks again – until next time!
