The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas

MRP 265: Listener Questions – November 2024 Nov 14, 2024

In this episode, we answer listener questions from Candido, @kidcurry4107, and Kent about royalty deed scams and how to make sure a seller owns what they say they own, forced pooling and becoming a non-consenting mineral owner, how to download offset well data and perform due diligence on an investment, and how to determine interest on late payments.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 264: Mineral Rights News November 2024 Nov 07, 2024

In this month’s Mineral Rights News episode, we cover the launch of a tokenized mineral rights investment platform called "Elmnts" on the Solana protocol, the latest advancements in the Southwest Arkansas lithium project, what Trump winning the election could mean for the oil and gas markets, plus the rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 263: What You Should Know About Fixed vs Floating NPRIs Oct 17, 2024

When you grant a portion of your royalty right to someone without granting any of the other rights, you are granting what is called a Non-Participating Royalty Interest (NPRI). It does not “participate” in the ability to receive bonus payment or delay rentals, or the executive rights. A Non-Participating Royalty Interest or NPRI allows the owner to receive a portion of the royalty payments from any oil and gas that is sold but does not give them the right to lease the associated mineral rights. In this episode, we dive into the world of NPRI's and the difference between "floating" and "fixed" NPRI's and what you need to know if you own an NPRI or if you own mineral rights that are burdened by an NPRI.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 262: Listener Questions - October 2024 Oct 10, 2024

In this episode, we answer listener questions from Joyce, Steve, Bruce, Lydia, Sandra, Gary, and Sandra from strategies for minimizing taxes on royalty income, different ways to invest in mineral rights, including using 1031 exchanges, and guidance on calculating ownership interests and royalty payments. We also touch on the intricacies of negotiating oil and gas leases, tracking down mineral rights ownership, and managing inherited mineral interests.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 261: Mineral Rights News October 2024 Oct 03, 2024

https://mineralrightspodcast.com/mrp-261-mineral-rights-news-october-2024/In this month's news episode, we discuss two major stories about the Arkansas lithium extraction boom, a man is caught stealing royalties from a mineral owner, OPEC's forecast on the phasing out of oil, and the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 260: Sneak Preview of the 2024 NARO National Convention Sep 19, 2024

In this episode, we provide an exclusive sneak-peak of the upcoming National Association of Royalty Owners (NARO) convention in Houston from October 16-19, 2024 where you'll get the chance to meet Matt and network with other like-minded mineral & royalty owners.

This annual event offers mineral and royalty owners a unique opportunity to network, learn from industry experts, and stay updated on the latest trends and issues affecting their interests. The convention features a mix of educational sessions, covering topics from basic mineral ownership to advanced industry trends, as well as opportunities for professional certifications and valuable networking.

Links to the special discount codes and to register for the event can be found in the show notes at mineralrightspodcast.com.

MRP 259: Listener Questions - September 2024 Sep 12, 2024

In this episode, we answer questions from Jacob, Jean, Steve, Suzyyne, and Jill.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 258: Mineral Rights News September 2024 Sep 05, 2024

In this month's news episode, we discuss the proposed lithium royalty rate in Arkansas, oil price prognostications, and how the market is finally realizing that natural gas demand can only go up from here.

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 257: Storing Nuclear Waste in America's Most Active Oil Field Aug 29, 2024

In this episode, we dive into the controversial plans to store nuclear waste in America's busiest oil field, the Permian Basin. Did you know that there is already an existing nuclear waste storage facility that has been operating for 25 years on the New Mexico side of the Permian? We discuss the pros and cons of this proposed facility and why several oil & gas companies are opposed to the plan.

As always, links to the resources and articles mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 256: Beware of this Tricky Term Royalty Deed Scam Aug 22, 2024

As a royalty interest owner, you need to be on the lookout for a new type of deceptive scam that's been making the rounds - the "term royalty deed" scheme. This tricky tactic is preying on unsuspecting mineral owners, so it's crucial to understand how it works so you don't fall victim.

Experts in the mineral rights space have been sounding the alarm on this scam, which involves a particular unscrupulous landman acquiring what appears to be a simple one-year "term royalty assignment" from mineral owners. However, the fine print in these agreements is where the deception lies. Listen to learn more.

As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 255: Mineral Rights News August 2024 Aug 08, 2024

In this month’s Mineral Rights News episode, we discuss the controversial expansion of the Muleshoe Wildlife Refuge in West Texas and Eastern New Mexico, a bipartisan bill that aims to speed up approval of new energy projects, and the surprising forced Chapter 7 bankruptcy proceedings against a gas operator in East Texas, plus the rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 254: Listener Questions - August 2024 Aug 01, 2024

In this episode we answer listener questions submitted by Pam, Les, Rebecca, "buttacupss7" (YouTube comment), Greg, and Al. This episode was filled with questions ranging from negative royalty "payments", horizontal pooling, how to interpret your oil & gas lease, getting started with mineral investing, API numbers, and more.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 253: Pennsylvania's Untapped Lithium Potential Jul 25, 2024

Pennsylvania's natural gas fields have the potential to produce a significant amount of lithium - enough to make a real dent in US demand. There are regional differences that could affect production strategies. And while there are challenges to overcome, the potential benefits are substantial. We dive in to this and more.

As always, links to the reports and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 252: Turning Natural Gas into Gasoline Jul 18, 2024

Currently, the United States is experiencing a natural gas boom. We have so much gas that in some areas, prices have even gone negative. This oversupply has led to wasteful practices like flaring, where excess gas is burned off at well sites. Did you know that based on energy content alone, natural gas should be priced at about one-sixth the price of oil. However, gas is currently trading much lower than this ratio would suggest. This price disparity creates an opportunity for innovative solutions. We talk about how an amazing technology that has been around for over 100 years is being piloted in the Permian Basin to convert excess natural gas to valuable products like gasoline.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 251: Listener Questions - July 2024 Jul 11, 2024

In this episode we answer listener questions submitted by Ben, Mark, Jennie, and David. This episode was filled with a wide variety of questions from how to value non-operated working interests and how to find a buyer, the differences between different types of oil & gas interests, lease washouts, how to find production data for Oklahoma, and the DIY method to get interests transferred to your name, and more.

As always, links to the resources mentioned in the episode can be found in the show notes at mineralrightspodcast.com.

MRP 250: Mineral Rights News July 2024 Jul 04, 2024

Happy Independence Day and happy Episode #250! In this month’s Mineral Rights News episode, we discuss an important new endangered listing for rare lizard could slow oil and gas drilling in the Permian Basin, a report on the production forecast for 2025, and a surprising lithium discovery in Pennsylvania, plus the rig count!

As always, links the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 249: The Power of Networking with Ryan Fairbanks, RPL Jun 27, 2024

I had a great conversation with Registered Professional Landman, Ryan Fairbanks, recently. We discussed a wide range of topics including what it is like to be an independent landman to how other oil and gas professionals and mineral/royalty owners can benefit from networking with their peers. Ryan also talks about his podcast, the Landman Pivot Podcast, and how a learning mindset can prepare us for whatever is next in life.

As always, links to the resources and how to connect with Ryan can be found in the show notes at mineralrightspodcast.com.

MRP 248: How to Find Oil, Gas (& Lithium) Info for Arkansas Jun 13, 2024

https://mineralrightspodcast.com/mrp-248-how-to-find-oil-gas-lithium-info-for-arkansas/(opens in a new tab)In this episode we show you how to find oil & gas (& Lithium) info using the Arkansas Oil & Gas Commission website. As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, how to find out the lithium potential of your mineral rights, and more. This assumes you already know your legal description and the type of oil & gas interests you own.

If you would like to learn more about the topics covered in this episode as well as the different types of mineral and leasehold interests, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, be sure to check out my Mineral Management Basics Online Course.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 247: Mineral Rights News June 2024 Jun 06, 2024

Who owns the minerals beneath roads, could U.S. oil mergers help stabilize prices, the outlook for natural gas, what OPEC+ did, and the rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com!

MRP 246: Listener Questions - June 2024 May 30, 2024

In this episode we answer listener questions submitted by Heidi, Greg, Sarah, Nikki, Eric, and a listener who wishes to remain anonymous. This episode was filled with a wide variety of questions from the difference between MCF and MMBtu's and how to audit gas royalties, Lithium, leasing the minerals and surface rights, going through ancillary probate in New Mexico, wastewater disposal issues and earthquakes, getting information from a previous operator, and more.

Some of the listener questions in this episode are addressed in my Mineral Management Basics online course, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity.

Thanks again to everyone who left a review or who submitted a question! If you have a question about your minerals or royalties, send it to feedback@mineralrightspodcast.com and we may feature it in an upcoming episode!

As always, resources mentiond in this episode can be found in the show notes at mineralrightspodcast.com

MRP 245: The Role of Oil & Gas in Our Energy Future May 23, 2024

In this episode, we take a deep dive into the future of energy and why the world is going to need more affordable, reliable energy in the coming decades - not less. With net zero by 2050 as the goal, what is this likely to mean for oil & gas production in the future? Be sure to watch the accompanying YouTube Video to see the charts and other visuals we discuss throughout this episode.

As always, links to the the video and other resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 244: Listener Questions May 2024 May 16, 2024

In this episode we answer listener questions submitted by Tom, Anita, Ronnie, Karen, and Raegan. This episode was filled with a wide variety of questions from tips for locating missing minerals and royalties, dealing with non-payment by an operator, educating yourself (and others) about minerals, if your minerals might be prospective for lithium, and how to determine if your operator drilled a new well in time before the primary term of your lease expired, and more.

Be sure to check out the show notes at mineralrightspodcast.com for links to the resources mentioned in this episode!

MRP 243: Mineral Rights News May 2024 May 02, 2024

In this month’s Mineral Rights News episode, we give an update on the refilling of the Strategic Petroleum Reserve (SPR), the BLM withdraws 220,000 acres of federal land from future oil, gas, and mineral development in Colorado, the state of Alaska sues the federal government over Pebble Mine takings claim. And the Rig Count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 242: Can a Shut-in or Plugged Well be Reopened? Apr 25, 2024

You may see that one or more of the wells on your property is listed as "shut-in" or "plugged and abandoned" on the state oil & gas commission website and wonder what this means for your future royalties. In this episode, we explain some of the main reasons wells can end up getting shut-in and whether they can be restarted. We also explore scenarios where an operator may re-enter a previously abandoned wellbore instead of drilling an entirely new well.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 241: April 2024 Listener Questions Apr 18, 2024

In this episode we answer listener questions submitted by Tyler, Margaret Ann, Nate, Gene, Robert, Anna, and Allen. This one was interesting because we talked about some new topics like: how to underwrite a mineral rights investment, the Haynesville Shale, minimum thresholds for royalty payments, Oklahoma Senate Bill 212, secondary market for non-operated working interests, educating yourself (and others) about minerals, and more.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 240: How to Find Oil & Gas Info for Wyoming Apr 11, 2024

In this episode we show you how to find oil & gas info using the Wyoming Oil & Gas Conservation Commission website. As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. This assumes you already know your legal description and the type of oil & gas interests you own.

If you would like to learn more about the topics covered in this episode as well as the different types of mineral and leasehold interests, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, be sure to check out my Mineral Management Basics Online Course.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 239: Mineral Rights News April 2024 Apr 04, 2024

The Osage Nation forces a company to remove wind farm in Oklahoma, Saudi Aramco CEO keeps it real at CERAWeek, NM looks to raise royalty rates in the Permian. And the Rig Count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 238: How to Find Oil and Gas Info for North Dakota Mar 28, 2024

In this episode we show you how to find oil & gas info using the North Dakota Department of Mineral Resources - Oil & Gas Division website. As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. This assumes you already know your legal description and the type of oil & gas interests you own.

If you would like to learn more about the topics covered in this episode as well as the different types of mineral and leasehold interests, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, be sure to check out my Mineral Management Basics Online Course.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 237: How Regulatory Takings Can Threaten Mineral Rights Mar 14, 2024

The interpretation and application of the regulatory takings principle have evolved over time, but the fundamental principle remains: the government cannot take private property (including mineral rights) for public use without providing just compensation to the owner. In this episode, we talk abut cases where mineral owner's property rights were taken by govenment regulation and what protections we have to ensure that we receive "just compensation."

As always, links to the resources we mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 236: Mineral Rights News March 2024 Mar 06, 2024

How have oil & gas production been affected by the Texas wildfires? Colorado legislators propose phase out of new oil & gas wells by 2030, and is underground hydrogen the next big thing? And the Rig Count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 235: Listener Questions - February 2024 Feb 22, 2024

In this episode we answer listener questions submitted by Dave, Bill, Monica, Mary, Katie, Kelly, and David. We cover a lot of ground including: surface use agreements, helium, leasing, dormant mineral rights, how to read a legal description, orphan wells, prior period adjustments vs. recoupment, how to calculate your net acreage and decimal interest in a well, and more!

For links to the resources mentioned in this episode, check out the show notes at: mineralrightspodcast.com.

Many of the questions in this episode are addressed in my Mineral Management Basics online course, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, and how to find missing royalties.

MRP 234: Mineral Rights and Royalties Tax Strategies Feb 15, 2024

In preparation for tax season, this episode provides an update on the taxation of minerals and royalties for the 2023 tax year. It covers key considerations that mineral and royalty owners should be aware of when it comes to their tax obligations and key tax credits and deductions that all mineral and royalty owners should know about.

Download my free tax guide for links to my top resources around mineral rights and royalty interest taxation and be sure to check out the show notes at mineralrightspodcast.com for links to the other resources mentioned in this episode.

MRP 233: How to Find Oil & Gas Info for Utah Feb 08, 2024

In this episode we talk about how to find oil & gas info using the Utah Department of Natural Resources Division of Oil, Gas and Mining (UDOGM) website. As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. This assumes you already know your legal description and the type of oil & gas interests you own. Be sure to check out the accompanying YouTube video to see what we are talking about.

If you would like to learn more about the topics covered in this episode as well as the different types of mineral and leasehold interests, from how to read a legal description, how to perform a title search, and how to identify nearby oil and gas activity, be sure to check out my Mineral Management Basics Online Course.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 232: Mineral Rights News February 2024 Feb 01, 2024

We discuss how Biden’s pausing of new LNG permits could hurt gas prices, how lithium prices have fallen, controversy around new New Mexico oil and gas rules, Colorado regulators propose rules that consider the “cumulative impact” of oil and gas operations, plus the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 231: How to Find Oil & Gas Info for New Mexico Jan 25, 2024

In this episode we show you how to find oil & gas data using the New Mexico OCD website (with a tip on how to view horizontal wells in a free tool that is available). As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. This assumes you already know your legal description and the type of oil & gas interests you own.

If you don't know the legal description of your oil & gas interests, check out my online course, Mineral Management Basics where I teach you about the different types of land ownership rights and the differences between the types of interests that make up the mineral and leasehold estates, the important documents for mineral and royalty owners and how to organize them, how to perform a title search, and more.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 230: How to Find Oil & Gas Data in Colorado Jan 19, 2024

In this episode, we show you how to navigate the Colorado Energy and Carbon Management Commission website (formerly the Colorado Oil & Gas Conservation Commission) to locate your mineral or royalty interests to see if you should be getting paid on a well. We also show you how to access the official oil & gas production data reported to the state to use in checking your royalty statements.

Be sure to check out the accompanying YouTube video to see how we are able to locate this important information and as always the show notes can be found at mineralrightspodcast.com.

MRP 229: Mineral Rights News January 2024 Jan 11, 2024

We talk about the New York Stock Exchange's proposal to list Natural Asset Companies (NAC's) and what it could mean for mineral owners, the forecast for additional oil company mergers in 2024, ExxonMobil's big plans for lithium exploration in Arkansas, plus the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 228: What You Should Know About Lease Washouts Jan 04, 2024

Did you know that an overriding royalty interest (ORRI) or Non-Operated Working Interest can be terminated to wipe the slate clean so the operator can re-lease the same acreage without these burdens on the new lease? This situation is called a lease washout and we talk about what you should do to protect your interests as well as how it can impact mineral owners. As always, additional resources can be found in the show notes at mineralrightspodcast.com.

MRP 227: How to Find Oil and Gas Info for Oklahoma Dec 21, 2023

In this episode, we show you how to navigate the Oklahoma Corporation Commission website to locate your mineral or royalty interests to see if you should be getting paid on a well. We also show you how to access the official oil & gas production data reported to the state to use in checking your royalty statements.

Be sure to check out the accompanying YouTube video to see how we are able to locate this important information and as always the show notes can be found at mineralrightspodcast.com.

MRP 226: How to Use the Texas Railroad Commission Website Dec 14, 2023

In this episode we walk you step-by-step how to use the Texas Railroad Commission Website to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced and sold in a given month, and more.

Be sure to check out the accompanying YouTube video to see this in action.

As always, show notes with the links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 225: Mineral Rights News December 2023 Dec 07, 2023

OPEC’s latest round of production cuts faced skepticism, CO courts side with Civitas in legal battle with Boulder County, and the social media cage match between OPEC and the IEA, plus the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 224: What to do About Late Royalty Payments Nov 29, 2023

In this episode we talk about what you should do if your operator is late paying you royalties including statutes around timing for royalty payments in Texas, Oklahoma, New Mexico, and Colorado and when you should be paid interest.

Check out the free form letter I've created for you to contact your operator about late or missing royalty payments.

As always, resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 223: Year End Mineral Rights Tax Tips Nov 16, 2023

In this episode we delve into crucial year-end tax strategies that may be available to mineral and royalty owners so that you can keep more of your hard-earned income.

From deferring income to strategically optimize tax liabilities, offsetting or deferring the tax liability when you sell, establishing a step-up in cost basis with inherited minerals and royalties, avoiding backup withholding, to accelerating your royalty income, we explore several strategies that all mineral and royalty owners should be aware of.

As always, the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com. And our attorneys would cringe if we forgot to mention that the information in this episode is being shared for informational purposes only and should not be construed as tax, legal, or financial advice.

MRP 222: Financial Planning for Mineral Rights with Jared Machen Nov 09, 2023

My guest this week is Jared Machen, a certified financial planner and the chief operating officer of Brownlee Wealth Management. Brownlee is a fee-only firm dedicated to helping oil & gas professionals lower their taxes, simplify their investments, and grow their wealth. Jared is also the co-host of the Financial Planning for Oil & Gas Professionals Podcast.

I'm really excited for this episode because Jared and I had a great conversation about how to think about financial planning as a whole but also with a focus on how your minerals and royalties fit into the picture. Be sure to have a pen and paper handy because this one is full of useful tips.

Be sure to check out the resources mentiond in this episode in the show notes at mineralrightspodcast.com

MRP 221: Mineral Rights News November 2023 Nov 01, 2023

Why U.S. oil companies are investing heavily in more oil and gas, the outlook for oil prices with recent geopolitical turmoil, and new Colorado bonding requirements put into action. And the Rig Count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 220: A Sneak Preview of My New Online Course Oct 25, 2023

Next week is the official launch of Mineral Management Basics, my first online course, and I'm excited to share what I have been working on!

If you are one of my email subscribers you may already know that I had a small group of students go through a bootcamp in early 2023 to provide feedback on the course content. Well, I'm happy to say that I finally finished the pre-recorded version of the course and it is now available for purchase!

In this episode, I wanted to share a sneak-peek at some of the content that is included in the first module of the course which covers the different types of oil and gas interests and how they relate to each other.

If you are interested in understanding what you and your family own, this is the place to start. Whether you are an existing mineral owner looking to understand what you own or an if you are an aspiring mineral investor, this course has something for you.

In Mineral Management Basics, you'll learn everything you need to know about the basics of mineral management. With high-quality videos (that aren’t too long) and examples along the way, you'll learn about the important documents and how to organize them, how to locate your mineral and royalty interests on a map, perform your own title search, and discover the oil & gas potential of your property. Plus, I've included a bonus lesson on how to locate missing royalties that might be owed to you or your family.

MRP 219: How to Avoid Mineral Rights and Royalty Scams Oct 19, 2023

In this episode we discuss a few "common" scams targeting mineral and royalty owners. From, exhorbitant finder's fees to help you find and claim missing royalties, the "royalty lease" scam that gets you to sell your future royalties for pennies on the dollar, to fraudlent deeds, we cover what you should know to protect yourself and your family from those seeking to prey on unsuspecting mineral and royalty owners. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

At the end of the day, the best way to protect yourself from these types of issues is to arm yourself with knowledge. My new online course, Mineral Management Basics, teaches you step-by-step the process of finding out exactly what you own and where it is located. With high-quality videos (that aren’t too long) and examples along the way, you’ll be able to locate your mineral and royalty interests on a map, perform your own title search, and identify nearby oil and gas activity. Learn more here and signup today!

MRP 218: Listener Q&A - Mineral Owner Education, Claiming Missing Royalties, What Company Should Pay Me, and More! Oct 11, 2023

In this episode we answer questions submitted by David, Al, Emily, Erik, David, Mike, and Park. From the resources available to help educate new mineral owners, how to claim missing royalties without paying exorbitant finder's fees, what happens when you lease to a company that is not the operator, and more!

As always, you can find links to the resources mentioned in this episode at mineralrightspodcast.com. If you have a question you'd like us to answer, send an email to feedback@mineralrightspodcast.com.

MRP 217: Mineral Rights News October 2023 Oct 04, 2023

Are oil prices due for a short-term correction? We debunk the New York Times hit piece on the oil & gas industry's use of water and compare it to the golf industry - you may be surprised at what we found, and a large portion of federal lands on the Western Slope in Colorado would be off limits to future oil & gas drilling under new BLM proposal, and we talk about the rig count!

Rig Count

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 216: Listener Q&A - Exploration Leasing, Cost Basis for Minerals that are Sold, Surface Use Agreements, Selling Non-Producing Minerals, and More! Sep 27, 2023

In this episode, we answer questions submitted by Karl, Kimberly, Cara, and Danielle related to leasing for a stratigraphic test well, how to establish the cost basis for mineral rights that are sold, saltwater disposal wells, best practices for selling non-producing mineral rights, and more!

If you have a question you would like us to answer, send an email to: feedback@mineralrightspodcast.com.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 215: Using a Lady Bird Deed to Streamline Inheritance Sep 14, 2023

Did you know that there is a special type of deed that can be used to: avoid probate, maintain control of the property during your lifetime, not affect Medicaid eligibility, potentially avoid federal gift taxes, maintain your homestead protection, all while still allowing your beneficiaries to still claim a step-up in cost basis for capital gains taxes purposes? Sound too good to be true? Be sure to listen to this episode to find out more and to learn about potential limitations of this special Enhanced Life Estate Deed and whether it might be right for you.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 214: Mineral Rights News September 2023 Sep 07, 2023

In this month’s mineral rights news episode, we talk about a family feud over Laredo area land and mineral rights, court order issued regarding disputes over the recovery of overpayments to royalty owners, the push to electrify everything highlights issues with domestic graphite supply, and we dive into the latest land rig count.

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 213: What Mineral Owners Need to Know about Well Plugging and Abandonment Aug 30, 2023

In this episode, we dive into what you need to know from a mineral owner perspective to make sure you make the most of the situation should you be faced with owning an interest in a well that is at the end of its life. Whether it presents the opportunity to negotiate an oil and gas lease or whether you'd prefer that the well continues to pay small royalties, if you are proactive you can leverage your knowledge of the regulations in your state to make the most of the situation.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 212: Listener Q&A - Leasing, unclaimed royalties, investing, depletion deduction, and more! Aug 24, 2023

https://mineralrightspodcast.com/mrp-212-listener-qa-leasing-unclaimed-royalties-investing-depletion-deduction-and-more/In this episode, we answer questions from Kelly, Alex, Jim, Anna, Joan, Erica, and others! From how to negotiate an oil and gas lease, how to hire the right kind of attorney, how to estimate and audit your royalty checks, different ways to invest in minerals, cost vs. percent depletion deduction, finding unclaimed royalties, and more!

If you have a question you would like answered, email feedback@mineralrightspodcast.com.

MRP 211: Mineral Rights News August 2023 Aug 15, 2023

https://mineralrightspodcast.com/mrp-211-mineral-rights-news-august-2023/In this month's Mineral Rights Podcast news episode for August 2023, we talk about property tax issues in West Virginia, the pickup in oil & gas mergers, the latest OPEC+ meeting intel, and the latest land rig count:

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 210: Top Leasing 101 - Insider Tips for Mineral Owners Aug 02, 2023

We're going to dive into a topic that may be unfamiliar to many mineral and royalty owners: top leasing. In this episode we explore the pros and cons of top leasing, potential pitfalls that can lead to legal trouble, and two important lease clauses that can help you if you are faced with this situation. If you find yourself in a competitive oil and gas market, this episode is a must-listen.

As always, links to resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 209: Listener Q&A July 2023 Jul 20, 2023

In this episode we answer questions submitted by Mike, Tom, Dave, Don, Ivette, and Larry.

Thanks again to everyone who left a review or who submitted a question. If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com and we will answer it in a future episode! As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 208: The Rise of Lithium: Implications for Mineral Rights Owners Jul 13, 2023

In this episode, we discuss an email from Barb who shared a news story about the discovery of the highest confirmed grade lithium brine in Cass County, Texas and the implications for mineral owners there. We dive into the ownership of valuable minerals found in produced water and the potential impact on mineral owners and royalties to help you navigate this developing landscape with confidence.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 207: Mineral Rights News July 2023 Jul 06, 2023

In this episode we talk about the hidden costs of the IEA’s net zero plans, oil prices drop on news that central banks are not done raising rates, Eddy County sees record oil tax revenue, US shale producers hold activity flat according to the latest Dallas Fed survey, and we dive into the latest rig count.

As always, links to these articles and the other resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 206: How to Benefit from Onsite Natural Gas Use for AI Computing and Bitcoin Mining Jun 27, 2023

In this episode, we highlight an innovative and growing trend in the energy industry: the use of stranded natural gas for onsite power generation in data centers for bitcoin mining and AI computing. The demand for computing power is on the rise, and companies are turning to stranded natural gas as a low-cost option for power generation. In the discussion, we provide tips for mineral and royalty owners to ensure fair compensation for the use onsite use of natural gas.

As always, resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 205: Why is Energy Density Important for the Future of Oil & Gas Jun 16, 2023

There are tradeoffs to be made between all forms of energy. But high energy density and low cost are reasons why fossil fuels are likely to be used for decades to come. That is, until we come up with a better solution that meets the requirements fulfilled by fossil fuels in terms of high energy density, high reliability, and low cost.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 204: Mineral Rights News June 2023 Jun 01, 2023

Biden administration decides that Nevada lithium mine construction can proceed, Federal lease sale finally resumes in New Mexico and Kansas, will OPEC+ make further production cuts? And the Rig Count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 203: How to Navigate Inheritance Issues with Minerals and Royalties May 25, 2023

In this episode, we talk about how to navigate inheritance issues with mineral rights and royalties. Whether you're an heir that finds yourself in possession of these valuable interests, or someone who wants to ensure a smooth transition for future generations, inheriting mineral rights and royalties can be a complex and challenging process.

We provide valuable insights into these challenges and the considerations involved in inheriting mineral rights and royalties. In addition to discussing the importance of understanding what you own and how to manage it we cover strategies for transferring ownership and avoiding inheritance disputes.

Download my free Inheritance Resource Guide for the complete list of my favorite resources to help you on your journey!

MRP 202: Common Mineral Owner Mistakes May 18, 2023

In this episode, we delve into the common mistakes made by mineral and royalty owners over the life of owning these types of assets. From not knowing what you own to common legal, financial, tax and other mistakes, we highlight ways to avoid these mistakes and the types of advisors that can help you avoid these and other pitfalls in the future.

As always, links to the resources mentiond in this episode can be found in the show notes at mineralrightspodcast.com

MRP 201: Mineral Rights News May 2023 May 11, 2023

In this episode, the Colorado legislature defeats bill which would have changed forced pooling laws, why Texas and Louisiana are leading the way with carbon capture, new program to handle disputes for North Dakota royalty owners, and the latest Rig Count!

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 200: Mineral Rights Investing Q&A May 04, 2023

It's crazy to think that this is our 200th episode! Thanks to you, the listener, for your support. To celebrate, we recorded a slightly different listener Q&A episode where we answered some of your questions related to investing in minerals and royalties. As always, links to the resources mentioned in the show can be found at mineralrightspodcast.com. If you want 1-on-1 coaching on your mineral investing journey, feel free to reach out to Matt at feedback@mineralrightspodcast.com

MRP 199: Barnett Shale Overview Apr 27, 2023

In this episode, we provide a summary of the oil and gas activity and historical significance of the Barnett Shale Formation in Texas. The Barnett Shale is one of the most productive shale gas plays in the United States and has played a significant role in the growth of the U.S. energy sector. We cover the geology of the Barnett Shale, the top oil and gas operators, political and economic risks to future development, and what the future may hold for this legacy tight gas play.

As always, the charts, graphs, and resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 198: What is a Subordination Agreement? Apr 20, 2023

In this episode we discuss subordination agreements as they relate to mineral rights and royalties. We talk about what you need to know, some of the situations where you might be asked to sign a subordination agreement, and how this type of agreement can have a significant impact on the value of your mineral interests.

The resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 197: Texas Pore Space Bills Apr 13, 2023

We discuss the recently proposed legislation in Texas which seeks to address ownership and pooling of pore space for CO2 sequestration and how it could negatively affect mineral owners.

Check out the show notes at mineralrightspodcast.com for links to important resources where you can make sure your voice is heard.

MRP 196: Mineral Rights News April 2023 Apr 06, 2023

In this month's mineral rights news episode, we talk about Texas bills that set state against federal energy regulations, OPEC+ makes surprise production cuts, House Passes Energy Agenda, the recent Dallas Fed Survey of oil and gas executives, and the latest Rig Count!

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 195: Will the Lower Energy Costs Act Benefit Mineral Owners? Mar 25, 2023

Will the HR 1 "Lower Energy Costs Act" actually lower energy costs and could it benefit mineral and royalty owners? Justin and I break down the latest thinking on this proposed legislation and the potential impacts on our minerals and royalties.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 194: How Do You Calculate Mineral Rights Value? Mar 17, 2023

There are several factors that can have a large effect on value of minerals, including commodity prices, when wells are drilled, and lease terms. Of all of these, the one factor that is in our control is the lease royalty rate. In this episode we talk about tips for maximizing value of your minerals and a quick rule of thumb you can use to determine value in certain cases.

As always, links to resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 193: March 2023 Listener Q&A Mar 10, 2023

We get through the last batch of listener questions asked towards the end of 2022. We covered a wide range of topics from leasing tips, how to find unclaimed royalties and other interests you might not know about, how to get notified when there are new wells permitted nearby (and how to tell if you might have an interest in these wells), how to get started investing in minerals the right way (and what to do if you get an unsolicited offer to invest in drilling a well), and more.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 192: Mineral Rights News March 2023 Mar 03, 2023

In this episode, we discuss the recently approved resolution allowing the Uinta Basin Railroad to secure up to $2 billion in private activity bonds, BP’s CEO warns of issues if we rush the energy transition, and New Mexico looks to follow Colorado with oil & gas regulation overhaul. And as always, we talk about the latest rig count and where we are seeing the biggest changes.

If you come across any interesting articles that you would like us to cover in an upcoming episode, please send it to feedback@mineralrightspodcast.com. As always, the links to the articles mentioned in the show can be found in the show notes at mineralrightspodcast.com.

MRP 191: Making it Easier for the Next Generation Feb 23, 2023

You probably have gone through a lot of effort to understand and get a handle on your mineral interests. In this episode, we talk about how to make it easier for your heirs and what to do if they aren’t interested in managing your interests. From how to educate the next generation, hiring a mineral manager to do it for them, to selling your interests, there are a lot of options to consider.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 190: Midstream 101 - What Royalty Owners Need to Know Feb 16, 2023

In this episode we talk about what the midstream sector in the oil & gas industry does and how it affects royalty owners. From marketing and managing royalty payments for some operators to separating out the high value NGL's from your gas stream, the midstream oil & gas sector has a big impact on most royalty owners.

As always, links to resources mentioned in the show can be found in the show notes at mineralrightspodcast.com.

MRP 189: Mineral Rights News February 2023 Feb 08, 2023

In this month’s news episode for February 2023, we discuss the bearish outlook for natural gas in 2023, how California's new “emergency” oil & gas setback regulations hurt mineral owners, what happened in the latest OPEC+ meeting, and what to make of the drop in rig count.

As always, links to the articles and resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 188: Why Does the U.S. Import Heavy Oil Jan 27, 2023

https://mineralrightspodcast.com/mrp-188-why-does-the-u-s-import-heavy-oil/In this episode we discuss what type of oil is considered heavy crude, where it is found, and some of the reasons why it is still imported to the U.S. after the shale revolution.

As always, links to the articles we mention in the episode can be found in the show notes at mineralrightspodcast.com.

MRP 187: Produced Water Opportunities with Jared Boehs Jan 19, 2023

My guest this week is Jared Boehs. Jared is the CEO of HyQ Technologies, an Oklahoma-based company focused on recycling oilfield produced water into distilled water and other valuable by-products for beneficial reuse. Jared is also a certified mineral manager and helps property owners with operator negotiations. In this conversation, Jared shares the amazing opportunities around water that is produced as a by-product of oil and gas activity.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 186: More Listener Questions! Jan 12, 2023

In this episode we answer more of the questions that were submitted in 2022. We hope you enjoy! As always, the links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 185: Mineral Rights News January 2023 Jan 05, 2023

In this month's Mineral Rights Podcast news episode for January 2023, Ohio mineral owners win big on property rights, Oil and Gas prices slide on weakening demand and warmer weather, BP increases investment in onshore U.S. oil & gas development, and the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 184: Listener Questions for December 2022 Dec 29, 2022

In this episode, Justin and I answer listener questions submitted during the first half of 2022. If you submitted a question earlier this year, we will be sure to answer it on air or via email soon so thanks for your patience! As always, show notes with more info can be found at mineralrightspodcast.com. Thanks and have a Happy New Year!

MRP 183: Hugoton Basin Overview Dec 22, 2022

Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific natural gas field. Plus, we talk about the exciting opportunity around Helium royalties in the Hugoton Gas Field located in western Kansas.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

Let us know if you have an area that you would like us to feature in a future episode; just send an email to feedback@mineralrightspodcast.com.

MRP 182: What About Coal? Dec 15, 2022

Did you know that in 2021, coal accounted for 27% of the world’s primary energy which is higher than two decades ago, and about the same level as 50 years ago? We dive into the importance of coal and why it will play an important role in the energy transition.

As always, links to the resources mentioned in this show can be found in the show notes at mineralrightspodcast.com.

MRP 181: Mineral Rights News December 2022 Dec 08, 2022

In this month’s Mineral Rights Podcast news episode for December 2022, U.S. natgas futures rise on cooler weather, oil falls as China COVID policies fuel demand fears, new federal rules crack down on flaring and methane leaks, Chevron to resume Venezuelan crude shipments to the US, and we reveal the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 180: Practical Tips With Landman and Mineral Manager Jimmy Wright Nov 30, 2022

Our guest is Jimmy Wright, Certified Professional Landman, Certified Mineral Manager, and President of the National Association of Royalty Owners (NARO) Foundation. In this discussion, we cover a lot of ground from a behind the scenes look at what landmen do, when a mineral manager or consultant can make a big difference, how the NARO Mineral Management Program can help you, and a lot of actionable advice on how to get the best oil and gas lease and how to properly manage your royalties.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 179: What Are Blanchard Royalties? Nov 17, 2022

Each state is different in the way that certain aspects of royalty payments are handled. One of the more unique situations exists in Oklahoma with the concept of Blanchard Royalty Interests.

Blanchard Interests refer to the way that royalty owners were to be paid by the various Working Interest owners in a well when each working interest owner entered into a separate gas sale contract for their proportionate share of gas produced and sold.

The term Blanchard interest stems from the landmark Oklahoma Supreme Court case from 1963 between Shell Oil Company and the Oklahoma Corporation commission, often referred to as the “Blanchard Decision.”

Be sure to listen to this one if you have interests in Oklahoma or if you want to understand some tips on how to make sure you are getting paid correctly in any state.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 178: We React to Biden Claim that Oil Industry is Not Innovative Nov 10, 2022

On October 31st, Joe Biden made remarks about oil company record profits. He acknowledged that companies should earn a fair return for innovation and at the same time claimed that current oil company profits are a result of profiteering instead of innovating. In this episode, we react to this claim and provide examples of how oil industry profits are a direct result of innovation and this has resulted in lower energy prices here in the U.S.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 177: Mineral Rights News November 2022 Nov 02, 2022

Permian Natural Gas prices tank, Is Biden’s oil strategy really strategic?, $65 billion mineral deposit in Michigan discovered, and the latest rig count!

As always, links to the articles and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 176: Behind the Scenes - Well Planning Oct 27, 2022

In this episode we go behind the scenes within an oil and gas company and discuss how they decide where to drill the next well. In oil and gas lingo, for mature plays this process is called Development Planning.

There is a lot that goes into determining where the operator will decide to drill next and we discuss some of these considerations and some helpful resources where you can possibly find out when an operator might drill a well that has been permitted on your land.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 175: $1.5 Billion Lithium Deposit Discovered in Maine Oct 20, 2022

If we are serious about the energy transition, then all forms of energy will be required including mining the raw materials necessary to manufacture the batteries necessary to store the energy from unreliable wind and solar plants. The U.S. has extensive lithium reserves as evidenced by the recent discovery of a world-class deposit in Maine but yet we produce less than 2% of the world's supply. In this episode we talk about how the U.S. could play a major role in increasing our energy security by mining critical minerals like lithium domestically.

As always, links to the resources and articles mentioned can be found in the show notes at mineralrightspodcast.com.

MRP 174: Minerals Market Update with Tim Pawul Oct 13, 2022

My guest this week is Tim Pawul with the Mineral and Royalties Authority and host of the Minerals and Royalties Podcast. I'm excited to have Tim back on the show to give a minerals market update and to talk about how things have changed since the last time he was on in 2020.

If you missed my first interview with Tim, be sure to listen to Episode 69 to hear more about his background. I'm really excited to have Tim back on the show to talk about the current minerals market!

As always, links to the resources mentioned in the show can be found at mineralrightspodcast.com.

MRP 173: Mineral Rights News October 2022 Oct 06, 2022

OPEC cuts production by 2 million barrels per day, will prices rise? Oil supply shock on the way due to OPEC and the US tapping the SPR? Colorado wells orphaned when gas gathering system shut off and Adams County won’t let operator mine Bitcoin to keep wells pumping oil.

As always, links to articles and references can be found in the show notes at mineralrightspodcast.com.

MRP 172: Unintended Consequences of the ESG Movement Sep 23, 2022

The principles of the Environmental, Social, and Governance movement would seem to be moving the world in the right direction. Who wouldn't want a cleaner environment, fair treatment of workers, and elimination of corporate bribery and corruption. Under the guise of advancing "responsible corporate citizenship", the ESG movement has instead turned into a means for forcing an underinvestment in fossil fuel energy and we are now paying the price for this.

In this episode, Justin and I talk about the origin and history of the ESG movement and some of the unintended consequences of this seemingly "good" initiative. As always, links to the resources found in this episode can be found at mineralrightspodcast.com.

MRP 171: How Long Will the Energy Transition Take? Sep 15, 2022

The energy transition is underway but how long will it take? We discuss this and the different outcomes forecast by BP and Shell in their most recent energy transformation scenarios. There is a wide range of potential outcomes but one thing is for certain, we will continue to rely on oil and gas - but for how long?

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 170: The Bull Case For Oil and Gas Sep 08, 2022

If you were to believe the headlines, it would be easy to think that we can easily transition away from fossil fuels over the next decade. Given the one-sided focus on climate change and how fossil fuels might be contributing to global warming, it stands to reason that this transition will eventually occur. That said, logic and physics will eventually win and we are now finally seeing this play out due to misplaced energy policy in Europe.

In this episode, Justin and I talk about Peak Oil theory, China’s dominance over the solar panel supply chain and what is being done to correct this, the resurgence in nuclear power, and how investment banks are finally realizing that natural gas can help bridge the gap to a low-carbon future. We wrap up with a discussion on why now, more than ever, we are bullish on the future of U.S. produced oil and gas in helping meet the world’s energy needs.

As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 169: Mineral Rights News September 2022 Sep 01, 2022

In this month's Mineral Rights Podcast news episode for September 2022, we discuss why Boulder County should lease their mineral rights, a former mineral rights investment fund manager is charged with fraud, Elon Musk says we need to use more oil and gas, and we talk about the current rig count!

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 168: U.S. Oil and Gas Trends with Blackbird BI Aug 25, 2022

In this episode, Ben MacFarlane with Blackbird BI and I discuss U.S. Oil and Gas Trends across the major shale basins and plays. Ben reveals the current activity levels and what future activity levels might look like across the U.S. and which counties are seeing the most activity. Be sure to download the free report that Ben and I discuss during this episode so you can follow along and learn about the outlook for your area.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 167: How the Inflation Reduction Act Impacts Mineral Owners Aug 18, 2022

The Inflation Reduction Act recently passed the senate and is expected to pass the house vote on Friday August 12th so we wanted to break down how this bill is going to affect mineral and royalty owners.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 166: How to Read and Manage Your Royalty Statements Aug 11, 2022

If you receive royalty income from oil & gas wells, you probably are familiar with the statement that accompanies your royalty check. This statement contains a lot of useful information that you can use to make sure you are getting paid correctly. From the volumes of oil, natural gas, and natural gas liquids that were sold in a given month to the price that was paid for these products to what post-production costs were deducted from your royalties, if any. These are critically important to keep track of as a royalty owner to ensure that you are getting paid what you deserve.

Thankfully there are a few shortcuts and time-saving tips that you can take to streamline this process for you and your family or for your company. That starts with automating the process of keeping track of your royalty check payments and looking on a map to see where new permits or rigs are located relative to your interests. Better yet, how about an automated email notification if a new permit is filed nearby? Learn about this and more in this episode. As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 165: Live from NARO Convention! Mineral Rights News August 2022 Aug 04, 2022

We recorded this month’s Mineral Rights Podcast news episode live at the National Association of Royalty Owners (NARO) state Convention in Denver, CO. We discuss how Exxon and Chevron's record profits stack up to other industries, Ovintiv sells Uinta Basin acreage, and New Mexico's oil and gas emissions rule becomes law, and the current rig count!

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 164: Advancements in Drilling With Dr. Bill Eustes Jul 29, 2022

Dr. Bill Eustes is a professor emeritus with the Petroleum Engineering Department at the Colorado School of Mines and an instructor with the TOP Energy Training consortium.

We talk about what goes into drilling a well, what the future holds with advancements in drilling technology, and how what we’ve learned in oil and gas drilling can be applied to things like geothermal energy and CO2 sequestration.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 163: Listener Q&A July 2022 Jul 21, 2022

In this episode, we answer listener questions that were submitted via email by John, Sarah, Helen, Jeffrey, Ervin, Danny, John, Chuck, and Michelle. If you have a question that you need help with, send it to feedback@mineralrightspodcast.com. Who knows, we might just answer it in a future episode!

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 162: Understanding Prior Period Adjustments Jul 14, 2022

Prior period adjustments are a relatively common occurrence in the oil and gas industry and typically result from changes in volumes of oil, natural gas, or NGL’s that were actually sold vs. what you were paid for, or adjustments in the prices paid for these products, or in some cases changes to the division of interest in your wells. The first two are more common and the frequency of PPA’s may vary greatly by operator, state, and basin or play.

More information including resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 161: Mineral Rights News July 2022 Jul 06, 2022

In this month’s mineral rights news episode for July 2022, we talk about gasoline prices and refinery capacity and the outlook for the future, oil and gas activity in West Texas linked to increase in earthquakes, are Saudi Arabia and the UAE already pumping at maximum capacity?, and the rig count is up again this month!

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 160: Strategies for Investing in Mineral Rights Jun 30, 2022

In this episode, we talk about the different strategies to consider when investing in mineral rights and royalty interests. Ultimately, the strategy that you employ will determine the types of properties that meet your investment criteria. From the type of interest, the geographic location, whether it already has producing wells or is undeveloped, to the product mix, all of these factors can contribute to the potential for generating near-term yield or whether it is a longer-term capital appreciation play.

In case you missed it, we provide an overview of the different ways to invest and the specific step-by-step process for directly purchasing minerals and royalties in previous episodes so be sure to listen to these as well:

Links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 159: Guide to Buying Mineral Rights Jun 23, 2022

Learn how to find the best mineral rights purchase opportunities, how to identify and contact the owners, how to hire the right advisors and common mistakes to avoid.

Links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 158: Geothermal Energy Opportunities Jun 16, 2022

What is geothermal energy? How does it work? Is it renewable? How can mineral owners benefit from geothermal energy development?

Listen to the entire episode to hear answers to these questions and more. As always, resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 157: Oil Price Forecast - Will Prices Go Higher? Jun 09, 2022

this episode we give an update on the current oil market and discuss why leading indicators like the inventory of Drilled but UnCompleted (DUC) wells is important in determining if the U.S. can grow production to meet demand (and in turn cause oil prices to fall). We also talk about the impact of the recent EU embargo on Russian crude oil and the June 2022 OPEC+ meeting and how these things will affect prices for the remainder of 2022.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 156: Mineral Rights News June 2022 Jun 02, 2022

In this month's Mineral Rights Podcast news episode for June 2022:

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 155: Helium Royalties At All Time High? May 26, 2022

The current helium supply crunch is likely to get worse before it gets better but in the meantime we talk about how royalty owners can profit from Helium production and prices upwards of $600/mcf for this rare gas.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 154: Oil and Gas Deals and Partnerships May 19, 2022

In this episode we discuss how different oil and gas companies work together, what agreements they use, how a company can be an operator in some wells and also a non-operated working interest partner in other wells that another company operates. Plus the strategies and tactics often involved with these types of acreage trades and agreements.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 153: Eagle Ford Shale Overview May 12, 2022

In this episode we provide an overview of the Eagle Ford Shale play in South Texas. Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil and gas basin. Plus, we talk about some exciting developments where operators are also targeting additional formations like the Austin Chalk and Buda Limestone in certain areas.

Links to the charts and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com

MRP 152: Mineral Rights News May 2022 May 04, 2022

In this month’s Mineral Rights Podcast news episode for May 2022, we talk about how private ownership of mineral rights is America’s secret weapon, Fort Collins, Colorado looks to buy all minerals under the city, PA lawmakers clarify pore space rights, why oil companies aren’t growing production, and the Baker Hughes Rig Count.

As always, go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 151: Types of Underground Injection Wells Apr 28, 2022

Did you know that the oil and gas industry is not the only industry that uses underground injection wells. As mineral and royalty owners, it is helpful to understand the difference between a saltwater disposal well and a water injection well used for enhanced oil recovery. Plus, it is important to understand who benefits from underground injection wells used in the oil & gas industry. In this episode, we talk about the different types of injection wells and considerations from both a surface and mineral owner perspective.

As always, show notes can be found at mineralrightspodcast.com.

MRP 150: Colorado's New Financial Assurance Rules with Neil Ray Apr 21, 2022

In this episode, Justin and I interview Neil Ray with CAMRO. We discuss the new Colorado Oil and Gas Financial Assurance regulations that just went into effect. If you're not familiar with what financial assurance is, it is the process of operators putting up money to ensure that the state isn't left footing the bill for plugging and abandoning wells in case the company goes out of business. This is just one part of the overarching changes to the way that oil and gas is regulated in the state of Colorado.

This topic is important because even if you don't have minerals in the state, other progressive states could adopt similar measures. These new financial assurance rules may make it difficult for small producers to meet the requirements which is important because according to the IPAA, there are about 9,000 independent oil and natural gas producers in the US. These are the small mom and pop operators that employ an average of just 12 people. These companies produce 83 percent of America's oil and 90 percent of America's natural gas.

Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 149: Are Oil Companies Holding Back Production? What we Learned from the Big Oil Hearing Apr 14, 2022

The U.S. House of Representatives recently held a hearing titled "Gouged at the Gas Station: Big Oil and America's Pain at the Pump" where they grilled six oil company CEO's about the recent increase in gasoline prices. While this hearing was mostly political grandstanding and lacked much substance, we break down the implications of what was said and what might be holding back companies from increasing oil production in 2022.

As always, show notes can be found at mineralrightspodcast.com.

MRP 148: We React to the Proposed Big Oil Windfall Profits Tax Apr 07, 2022

It's true, energy companies have been profitable lately...to the tune of an 8.3% profit in 2021. Yup, the only segment worse than energy was consumer staples with a profit margin of 6.6%. Yet here we are talking about windfall profits. In this episode we break down this proposal and how it is not only not a profits tax but will have the exact opposite effect on energy prices than what is intended.

As always, links to the references and clips mentioned in this episode can be found at mineralrightspodcast.com.

MRP 147: Mineral Rights News April 2022 Apr 01, 2022

In this month’s Mineral Rights News Episode for April 2022, we discuss a landmark case in North Dakota that could decide how surface owners are compensated for the use of underground pore space, windfall profits tax measure introduced by Democrats, and the SEC takes aim at greenhouse gas emissions.

As always, articles mentioned in this episode can be found at mineralrightspodcast.com. To send us an article you'd like us to cover: feedback@mineralrightspodcast.com.

MRP 146: How Mineral Rights and Royalties are Taxed in 2022 Mar 24, 2022

It's March and it is time to get things in order to file your taxes. In this episode we discuss how Mineral rights and royalties are taxed, deductions you can take to reduce the tax liability associated with your oil and gas royalties, and we’ll also provide a refresher on a quick audit you can do on your royalty statements before you file your taxes.

Checkout the free royalty audit worksheet and my tax resource guide which you can download for free. Links can be found in the show notes at mineralrightspodcast.com

Thanks for listening and don't forget to leave a rating and review!

MRP 145: Abandoned and Orphan Wells with Professor Jim Crompton Mar 17, 2022

In this episode I interview Jim Crompton, oil and gas industry expert, professor at the Colorado School of Mines, and owner Reflections Data Consulting, LLC. He is also an instructor at Top Energy Training which helps educate regulators, inspectors, policymakers, and oil & gas industry professionals so that they can develop informed public policy and regulations around complex issues in the oil and gas industry, like orphan wells.

We discuss all aspects of the orphan wells issue, from the size of the problem, advancements in technology that may help industry better prioritize the abandoned wells that require attention, what landowners should do if they find an abandoned well on their property, and incentive mechanisms that might help solve this problem.

As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com

MRP 144: Solutions to the Orphan Wells Problem Mar 10, 2022

Orphan wells are oil and gas wells that are no longer producing or economically viable but have not gone through the plugging process and usually don't have an owner. They present potential safety and environmental concerns as well as an enormous cost to properly plug and abandon the hundreds of thousands of wells in the United States. In this episode, we discuss some possible solutions to this problem and what surface owners can do if you have an orphan well on your property.

As always, show notes can be found at mineralrightspodcast.com

MRP 143: Special Report - Impact of Russian Invasion on Oil and Gas Prices Mar 02, 2022

In this month's special Mineral Rights News Episode for March 2022, we discuss the impact of Russia's invasion of Ukraine on crude oil and natural gas prices and things we should be doing here in the U.S. to mitigate the effects.

Links to the facts and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

Feedback and questions can be sent to feedback@mineralrightspodcast.com.

MRP 142: What U.S. LNG Exports Mean for Gas Prices Feb 25, 2022

The U.S. becoming the largest LNG exporter in 2021 with a peak capacity of 10.8 Bcf/day, provides a new outlet for domestic natural gas production. This should provide support to natural gas prices in the U.S. and as a result will benefit royalty owners.

In this episode, we discuss this and the recent letter from New England senators asking the DOE to limit LNG exports to prevent gas prices from rising further. Instead, we talk about how supply and demand will help naturally balance out prices and how LNG exports can be used to support our allies in Europe from Russian natural gas supply disruptions.

As always, show notes can be found at mineralrightspodcast.com.

MRP 141: Bitcoin Mining to Monetize Stranded Gas with Jacinda Brown Feb 17, 2022

In this episode, I talk with Jacinda Brown, co-founder of CryptoKnight Energy about bitcoin mining using stranded or flared natural gas and how this presents an opportunity for mineral and royalty owners.

We talk about some really interesting topics, including recent regulations that prevents the routine flaring of natural gas, the locations that are suitable for bitcoin mining, the types of agreements between bitcoin miners and oil and gas operators, the details around mining bitcoin at the well site, and how she sees this nascent industry developing.

As always, show notes can be found at mineralrightspodcast.com.

MRP 140: What Royalty Owners Need to Know About Bitcoin Mining With Natural Gas Feb 09, 2022

In this episode, we cover a topic that may seem unrelated to mineral rights and royalties but in fact is very relevant for mineral and royalty owners. Learn about Bitcoin and how royalty owners can benefit from Bitcoin mining with stranded or wasted natural gas.

For links to the helpful resources and videos that explain more about Bitcoin and this exciting development for mineral rights and royalty owners, check out the show notes at mineralrightspodcast.com.

MRP 139: Mineral Rights News February 2022 Feb 02, 2022

In this month’s Mineral Rights News Episode for February 2022, we discuss how mining the minerals required for the green energy revolution is putting a tribe in a tough spot, Colorado releases first annual report of State’s Oil, Natural Gas Emissions (hint: they aren't the biggest emitters), and a new crowd-funding model for investing in oil and natural gas.

As always, articles mentioned in this episode can be found at mineralrightspodcast.com. To send us an article you'd like us to cover: feedback@mineralrightspodcast.com.

MRP 138: How High Oil Prices and Inflation Will Affect Royalty Owners Jan 26, 2022

You may be wondering how the current economic trends like high inflation might affect oil prices over the next couple of years. If we could look through the crystal ball to figure out what commodity prices will do it would certainly help us have a better understanding of the value of our producing royalties.

We hear a lot about high inflation and oil prices in the news lately as the economic recovery seems to have gotten away from the Federal Reserve and their lagging monetary policy. One thing is clear, interest rates are going to rise but if you’re like me you may be wondering how this is going to affect our mineral rights and royalties? And, more importantly, you may be wondering if there are ways to protect your hard earned savings against the damaging effects of inflation?

To break this down, we took a look at a few of the economic measures and how commodities like crude oil were correlated to things like the relative strength of the US Dollar and inflation to see what these factors might due to future oil and gas prices. Plus, we talk about a technology innovation that may help our royalty checks and act as a long term store of value in the process.

As always, show notes with links to the articles and resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 137: Seismic Exploration Agreements Jan 21, 2022

Seismic exploration is the process of using seismic energy to probe below the surface of the earth to search for oil and gas. The agreements that grant a company access to land in order to shoot seismic is called a seismic survey agreement. While seismic exploration was the primary method for finding oil and gas deposits in the past, it is still used in unconventional resource plays to identify and avoid faults and fractures which can cause issues during drilling or completions. Listen to learn more about what you need to know before signing a seismic exploration agreement.

As always, you can find the show notes with additional resources at mineralrightspodcast.com. Questions or comments on this episode? Email us at feedback@mineralrightspodcast.com.

MRP 136: Mineral Rights News January 2022 Jan 05, 2022

In this month’s Mineral Rights News Episode for January 2022, we discuss new oil and gas emissions regulations in Colorado, the Build Back Better Act hits a speed bump and what that means for royalty owners, and the onshore U.S. rig count is up but will we ever see all-time highs again?

First-in-the-U.S. rules that give oil and gas industry leeway in slashing emissions OK’d in Colorado | With bill sidelined, what’s next for oil and gas overhaul? | U.S. drillers add oil and gas rigs for second week in a row -Baker Hughes

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 135: Listener Questions for 2021 Dec 22, 2021

In this episode, we shout out listeners who left a review on Apple Podcasts and we answer the questions that were submitted via email by Pat, Angela, Joe, Brian, Josh, and Al.

Thanks again to everyone who left a review or who submitted a question! If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com and who knows we might just answer it on the air!

As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 134: Overview of the Williston Basin and Bakken Shale Dec 16, 2021

In this episode we provide an overview of the Williston Basin and the Bakken/Three Forks Shale. Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil basin. Plus, we talk about exciting developments in managing stranded natural gas and future alternative energy opportunities in this energy rich area of Saskatchewan, Montana, North Dakota, and South Dakota.

As always, links to resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 133: Mineral Rights News December 2021 Dec 08, 2021

In this month’s Mineral Rights Podcast news episode for December 2021, we talk about orphan wells and how some states are considering stronger financial assurances to cover the cost of plugging these wells and how the Interior Department is considering raising the royalty rate for new leases on public lands.

Capping off problems: Montana-based company takes on abandoned wells | Warnings of orphan and zombie wells spark debate on bonding by oil, gas companies | Oil and gas companies should pay more to drill on public lands and waters, Interior Department says

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com.

MRP 132: The Economic Impact of the Oil and Gas Industry Dec 01, 2021

In this episode, we talk about the different jobs available in the oil and gas industry and how much they get paid. We discuss how many of the jobs based in the field do not require a 4-year degree and how these skilled trades are needed to ensure cheap and reliable access to energy. We also dive into the impact of the oil and gas industry on the US economy.

Links to the resources and economic reports can be found in the show notes at mineralrightspodcast.com.

MRP 131: A Brief History of Oil and Gas Innovation Nov 17, 2021

The oil and gas industry has seen its fair share of technology advancements over its 162 year year history in the United States. In this episode, we talk about how the oil and gas industry has utilized technology to continue to find ways to produce cheap and reliable energy for the world. From Edwin Drake's discovery in Titusville, Pennsylvania in 1859 to the modern use of long-lateral horizontal wells and pad drilling, intrepid entrepreneurs have revolutionized the industry. We provide an overview of how things have changed since Drake's first well to allow the industry to provide cheap and reliable energy for the world and how mineral owners in the United States benefit from this.

As always, show notes with links to the resources mentioned in the show can be found at mineralrightspodcast.com.

MRP 130: What Causes an Oil Price Bust and Will History Repeat Itself? Nov 10, 2021

The price of oil has been subject to many highs and lows since the start of the modern petroleum industry. These gyrations in price are sometime referred to as a oil price boom (high prices) or oil price bust (low prices). In this episode, we discuss some of the major booms and busts in the price of crude oil, what caused them, and what we can learn from these price cycles. Listen to the end to find out why I think we have seen the end of extreme oil price swings.

As always, you can find links to the books and resources mentioned on the show at mineralrightspodcast.com.

MRP 129: Mineral Rights News November 2021 Nov 03, 2021

In this month’s Mineral Rights Podcast news episode for November 2021, the theme can best be described as “cause & effect.” Be sure to listen to find out why and to learn of a possible leading indicator for crude oil prices going higher.

California moves to ban oil wells within 3,200 feet of homes and schools | US. slows down oil and gas mergers-sources | Oil inventory at Cushing crude hub nears critically low levels

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 128: Investing in Minerals and Royalties with Jarrett Kitch Oct 28, 2021

In this conversation, mineral investor and mineral tax appraiser, Jarrett Kitch, shares stories and dozens of helpful tips for both mineral and royalty owners as well as investors. We discuss the ins and outs of property taxes on minerals and royalties, estate planning, tips for working with trusts, to how he got started investing in mineral rights and what he’s learned along the way. We also talk about how his involvement with the National Association of Royalty Owners has helped him with managing his minerals and how it was really the key that enabled him to start investing in minerals and royalties the right way.

This episode is full of a ton of actionable tips so be sure to listen to the end! As always, you can find links to the resources mentioned in this episode at mineralrightspodcast.com.

MRP 127: Justin Huhn and the Bull Case for Uranium Oct 22, 2021

We continue our theme on investing with a somewhat unconventional topic this week. While our primary focus is still on oil and gas, we wanted to dig in (pun intended) to the uranium market to see if the push towards a lower carbon future might open up opportunities for mineral owners that own property in areas with Uranium deposits. I’m really excited about this discussion because I didn’t know much about the Uranium market and the bull case for Uranium until this interview. Our guest, Justin Huhn, does a great job of breaking down the fundamental case for Uranium and how you can benefit from this unique opportunity.

We also talk about the future of nuclear energy and how it fits into a low carbon energy mix. Plus, the little talked about side-effects from our transition to solar and wind. If you own mineral rights near potential uranium deposits or if you are looking to learn more about this unique sector, be sure to listen to find out how you can take advantage of this opportunity.

As always, the show notes with links to resources mentioned in this episode can be found at mineralrightspodcast.com

MRP 126: Deep Dive on Investing in Mineral Rights, Royalties, and Working Interests Oct 13, 2021

In this episode we do a deep dive on the ways you can invest in mineral rights, royalties, and non-operated Working Interests. Both Justin and I have been asked by family members or listeners how they can invest in mineral rights and royalties so we wanted to cover this in more depth to help you understand the different options that are available.

In fact, I share the process that I and other investors have used when making a direct investment in a mineral or royalty interest. We discuss all aspects of investing in this asset class: from learning where you can find these types of investments to the typical steps to follow to help eliminate surprises, to the risks and benefits of each type of investment.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

MRP 125: Mineral Rights News October 2021 Oct 06, 2021

This month we discuss articles that talk about whether or not we will be able to continue to expense Intangible Drilling Costs and to take the Percentage Depletion Deduction on our Royalties, Shell's decision to leave the Permian Basin, and why elevated oil and gas prices will likely continue.

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 124: What to Know About Becoming a Non-Consenting Mineral Owner Sep 30, 2021

In this episode, we discuss the concept of not signing an oil and gas lease when you are force pooled and deciding to not participate in the drilling of a well. This is also referred to as going non-consent to the drilling of a well. There is a lot to consider when becoming a non-consenting mineral owner.

We discuss things to consider with the risk penalty that you will be assessed on the non-operated working interest that you now own, and what can happen if additional wells are drilled in the future.

There is a lot to unpack in this episode so be sure to listen so you understand your options. As always, this episode is being shared for educational purposes only and should not be construed as legal advice.

As always, to find links to the resources mentioned in this episode go to mineralrightspodcast.com.

MRP 123: How to Hire a Mineral Manager Sep 22, 2021

In our last episode, we covered the a la carte method of getting help with your mineral rights and royalties. Specifically, when and how to hire a landman, attorney or engineer for help.

In this episode, we talk about hiring a full-service mineral manager to get help with all aspects of managing your property. In fact, this episode was also in response to another listener question. Carol wrote in asking for advice on hiring a professional mineral manager to help her with her portfolio.

If you've ever wondered what types of services a professional mineral manager offers, how much their services cost, and how to go about finding the right mineral manager for you, then be sure to listen to the end.

If you have a question you would like answered on the show, send us an email to feedback@mineralrightspodcast.com.

MRP 122: Managing Mineral Rights in Another State and How to Get Help Sep 17, 2021

Beth recently wrote in and gave an excellent suggestion on a topic that I realized we hadn’t covered in a single episode. She wrote asking for “advice on managing mineral rights from far away, particularly what services I can expect from an attorney, what might be better handled by an independent engineer or landman, or what I'll have to do myself."

This is a very common situation where you may own mineral rights or royalty interests in another state and you need to research your interests either through the county courthouse or the state oil and gas commission or you may need the services of a professional in that state but you may not be able to meet with them in person.

What we are going to cover today are some tips for managing mineral rights and royalties from out of state and how to go about hiring a professional to get help and what types of professionals can help with different steps along the way.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

MRP 121: Mineral Rights News September 2021 Sep 09, 2021

In this month’s Mineral Rights Podcast news episode for September 2021 we talk about the economic recovery in the state of New Mexico, Oil and Gas lease sales are finally set to resume in 2022, and the challenges faced by Weld County Colorado as oil and gas production declined in 2020.

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 120: Listener Stories - Mineral Owner Barb Rankin Sep 01, 2021

Look, if you are just starting out, all of this can be hard. There is a lot to learn, unfamiliar terminology, and so many different things that you feel that you need to do now. From researching what you own, contacting oil and gas operators about producing wells that you just learned about, to going through probate, to getting YOUR estate in order for the next generation. The good thing is you don't have to figure it out all at once. It is a journey and as I like to say, it is a marathon, not a sprint.

We speak with a listener and fellow mineral owner, Barb Rankin, who is just starting out on her mineral rights an royalties journey. From the biggest challenges to the biggest successes, how to go about getting help and finding the right attorney, landman, or engineer, to some of the most helpful resources out there for mineral rights and royal owners. You won't want to miss this one because even if you are a seasoned pro, there are some great tips and resources that we talk about in this episode.

As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com

MRP 119: Carbon Intensity of U.S. Oil Production Compared to OPEC and Russia Aug 25, 2021

As the Washington Post recently reported, Joe Biden made "the embarrassing move to call on OPEC and its allies to boost oil production as pump prices climb, underscoring alarm over the U.S. loss of energy independence under President Biden."

By asking OPEC and its allies like Russia to increase oil production, will this actually result in increased CO2 emissions versus if he had asked domestic producers to increase production? We were surprised at what we discovered.

As always, links to the show notes can be found at mineralrightspodcast.com.

MRP 118: Guide to Proposed Tax Law Changes for Mineral and Royalty Owners Aug 12, 2021

You may have seen the headlines regarding the proposed tax law changes that are being considered in the U.S. as a way to help pay for the $1.2 trillion Infrastructure Bill and the related $3.5 trillion budget resolution.

There are several proposed changes that may have significant effects on mineral rights and royalty owners. From the way that estate taxes are paid on mineral rights to elimination of the percentage depletion deduction, oil and gas mineral and royalty owners could be faced with a big tax bill. In this episode, Justin and I summarize the current proposals and campaign promises and what they might mean for you and your family.

As always, you can go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 117: Mineral Rights News August 2021 Aug 05, 2021

In this month’s Mineral Rights Podcast news episode for August 2021 we talk about how Deb Haaland is ignoring the ruling reversing the federal oil and gas leasing ban, oil and gas royalty owner’s percentage depletion deduction is under fire, and Larimer County Colorado delays new oil and gas regulations after extensive public comment.

Deb Haaland’s Oil and Gas Stall | Oil and Gas Subsidies Are Under Pressure | Larimer County commissioners delay oil and gas regulation vote after extensive public comment

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 116: Justin's Journey Inheriting Mineral Rights and Royalties Jul 30, 2021

In this episode, my co-host Justin Williams shares his journey inheriting mineral rights and royalties from his great uncle Jake. Learn about the initial phone call from a landman to his mother letting her know that she inherited minerals to what he did to learn about how to research and clear title issues, resolve issues with operators, to ultimately get his royalty interests in pay status.

As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com. If you have any questions about this or other topics, send us an email at feedback@mineralrightspodcast.com.

MRP 115: Oil & Gas Market Outlook and the Impact on Minerals and Royalties Jul 23, 2021

In this episode we talk about the current oil and gas market, where prices might be headed, and what this all means for mineral and royalty owners.

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 114: The Dark Side of the Energy Transition and the ESG Movement Jul 15, 2021

As you may know, there is a big push towards "renewables" and electric vehicles as part of the goal of a net zero carbon emission future. In this episode, we talk about the pros and cons of this transition as it relates to the Environmental, Social, and Governance (ESG) movement. Specifically, we discuss why there seems to be a bigger focus on the Environmental aspects around energy while the negative Social elements around "green" energy tend to get less coverage. Finally, we talk about what materials will be required to enable this transition and whether there will be opportunities for mineral owners to benefit from the growth in mining of minerals like lithium, cobalt, and copper in the US.

As always, show notes can be found at mineralrightspodcast.com where you'll find links to the resources mentioned in this episode.

MRP 113: Mineral Rights News July 2021 Jul 07, 2021

In this month's Mineral Rights Podcast news episode for July 2021 we talk about how using stranded natural gas to mine bitcoin can benefit mineral owners, Boulder County Colorado lawsuit to stop drilling, and a federal judge reverses Biden's ban on new oil and gas leases on federal lands and waters.

Bitcoin Mining Digging for E&P’s Natural Gas Gold in Lower 48 | Colorado Supreme Court asked to hear lawsuit seeking to stop Denver oil company's drilling plan | Federal judge reverses Biden's ban on new oil and gas leases for federal lands and waters, dealing blow to climate change activists

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 112: The Shale Controversy with Author Ian Palmer Jul 01, 2021

Our guest this week is Ian Dexter Palmer, the author of The Shale Controversy, which explains the pros and cons of fracking and tries to distill the facts around climate change in a non-partisan way.

As a petroleum engineer and consultant, Ian Palmer has advised oil and gas companies all over the world. He has worked at Los Alamos, The Department of Energy, BP, and Higgs-Palmer Technologies and given presentations and classes on fracking, earthquakes and global warming.

This was an interesting conversation that Justin and I had with Ian around his conclusions around climate change, the energy transition, and the shale revolution.

The views and opinions expressed by our guests do not necessarily reflect the views and opinions of The Mineral Rights Podcast.

As always you can find the show notes with links to the books and articles mentioned in this episode at mineralrightspodcast.com. There you'll also find a link to purchase Ian's book so you can read it and form your own conclusions on these important topics.

MRP 111: What Every Mineral Cotenant Should Know (Hint, You Probably Are One) Jun 25, 2021

Today we’re going to talk about an issue that affects all mineral owners in some way and that is the concept of cotenancy with mineral rights.

We also answer a listener question from Dennis about a situation he is faced with where he is faced with penalties and having to wait until payout before receiving royalties and what you need to know about the concept of an unleased cotenant in case you are faced with this situation too.

Plus, for all of you with minerals in a state that allows forced pooling, we have you covered too! As always, show notes and resources mentioned in this episode can be found at mineralrightspodcast.com

MRP 110: Making Sure Your Voice is Heard - Great Western Petroleum Mineral Owner Forum Replay Jun 18, 2021

In my role as the president of the Colorado Chapter of the National Association of Royalty Owners (NARO), I was invited to be a panelist on a Mineral Interest Owner Forum hosted by Great Western Petroleum, the largest oil and gas operator in Adams County Colorado. Thanks again to Great Western for organizing this event.

This episode features a replay of this Forum held on June 8th, 2021. It features a panel discussion between myself and Energy Attorney Jamie Jost about private property rights and making sure your voice is heard when oil and gas regulations are developed that could affect the future development of mineral interests.

This episode is a must listen for all Colorado mineral owners and useful tips for all mineral owners around protecting your private property rights and how to make sure your voice is heard when oil and gas regulations are developed.

You can also watch the replay of the discussion on my YouTube Channel where you can see the slides that were presented.

As always, you can find the show notes with links to resources mentioned in this episode at mineralrightspodcast.com.

MRP 109: NARO Board Member and Landman Katy Alven Jun 10, 2021

In this interview, NARO Board Member and Landman 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 NARO has helped her learn about how to manager her mineral rights.

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.

As always, show notes with links to the resources mentioned on the show can be found at mineralrightspodcast.com.

MRP 108: Mineral Rights News June 2021 Jun 03, 2021

In this month's Mineral Rights Podcast news episode for June 2021 we talk about Shell's plans to divest the Shell Deer Park Refinery and their recent lawsuit in the Netherlands, New Mexico's plans to go "green" with hydrogen (but are they just full of hot air?), an analysis of project profitability and why global oil and gas companies may have difficulty maintaining a consistent return on investment during their transition to a more green portfolio, and the next steps in the accommodation doctrine in Texas.

Shell to sell interest in Deer Park refinery to partner Pemex | New Mexico's oil and gas regions could become leaders in hydrogen power, congresspeople say | Global Oil, Natural Gas Companies Juggling Capital to Green Up Portfolios | Next Steps In Texas Surface Vs Mineral Rights? The Answer, My Friend, Is Blowing In The Wind

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 107: NARO Executive Director Jack Fleet May 27, 2021

I'm very excited about our conversation with our guest this week. Justin and I spoke with Jack Fleet, the Executive Director of the National Association of Royalty Owners, Inc. (NARO).

In his role as Executive Director, Jack works as an advocate for mineral and royalty owners like you and I at the at both the state and national level, giving testimony on the impact of legislation being considered.

Additionally, he supports all of the state and regional chapters of NARO. He has been involved at all levels of NARO from serving as Interim Executive Director in 2020, and is a past president of the NARO National board and a past president of the NARO Texas Chapter. He has also served on the Oklahoma NARO, NARO Foundation, and NARO National Boards in various capacities and has delivered several presentations on mineral and royalty management at NARO events.

He is also a member of the AAPL and is a professional level Certified Mineral Manager (CMM) with NARO and has taught several CMM review classes.

Jack is the Managing Member of Fleet Dickey Mineral Properties, LLC one of his family’s mineral companies where he manages mineral, royalty, working and surface interest.

Learn about the resources and events available through NARO to help you quickly get up the learning curve to make the most of your mineral rights and royalties.

As always, show notes can be found at mineralrightspodcast.com where you can find links to the resources mentioned in this episode.

MRP 106: NARO Board Member Martha Barnes May 20, 2021

Many of you may recognize today's guest from the Mineral Rights Forum and her involvement with the National Association of Royalty Owners (NARO). I'm referring to Martha Barnes who is an amazing person that has generously helped hundreds if not thousands of people on the forum and through her work with NARO.

In this episode, Martha shares some amazing tips for all mineral owners, whether you are just starting out or are a seasoned professional. And despite the fact that she is an experienced geologist and oil and gas industry vet, when it came time to take over the management of her families mineral rights, she realized that there was still a lot to learn. Listen how her involvement with NARO helped her bridge that knowledge gap and some of the helpful things that the organization is doing to empower mineral and royalty owners.

Martha Creager Barnes is an owner and managing partner at Santa Clara Minerals, LLC which manages mineral rights for private mineral owners. Prior to starting SCM, she was an exploration and production geologist for Marathon Oil Company for nearly 29 years. Martha grew up in New Mexico and is a third-generation geologist and a fourth-generation mineral owner. She has a BA in Geology and Managerial Studies from Rice University, a MS in Geology from the University of South Carolina and is a Registered Geologist with the Texas Board of Professional Geoscientists (TBPG) and a Certified Geologist with the American Association of Petroleum Geoscientists (AAPG). She is a Certified Minerals Manager with the National Association of Royalty Owners (NARO) and currently serves as a Director on the OK NARO Board and the US NARO Board. She is a member of AAPG, HGS, and AAPL.

As always, you can find the show notes with links to resources mentioned in this episode at mineralrightspodcast.com

MRP 105: What You Should Know About the Depletion Deduction May 13, 2021

Did you know that oil and gas royalty owners can take advantage of a form of depreciation on their interests called the depletion deduction? Learn all about it and why we need to let our voices be heard so that we can continue to depreciate our economic interests in property like all other industries.

As always, the show notes with links mentioned in this episode can be found at mineralrightspodcast.com.

MRP 104: Mineral Rights News May 2021 May 06, 2021

In this month's Mineral Rights Podcast news episode for May 2021 we cover a case where pooling across county lines can make you have to pay property tax in two counties, a Texas mineral fund manager comes clean about losing investor's money, and the Biden Administration targets royalty owners.

Texas Royalty Owners Have Overpaid Property Taxes: Major New Appellate Decision | A Texas fund manager admits defrauding investors — in a 1,361-word email to them | 1st 100 Days: Biden turns to Congress to carry out climate, clean energy push

As always, go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 103: How to Find Out if You Have Unclaimed Royalties Apr 29, 2021

Oil and gas operators may hand over royalties to the state if they can’t locate the mineral owner. Do you have unclaimed mineral rights or thousands of dollars in royalties that you don’t know about? Listen now to learn how to find out - you may be surprised at what you find.

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 102: Would a Carbon Tax Be Bad for Mineral Owners? Apr 22, 2021

With a strong focus on decarbonization, many proposals for putting a price on carbon emissions have been discussed recently. In this episode, we talk about carbon tax, cap and trade (aka emissions trading schemes), and CCS tax credits and what they mean for mineral rights and royalty owners. What you find out may surprise you.

As always, go to mineralrightspodcast.com to find the links resources mentioned in this episode. Email us at feedback@mineralrightspodcast.com.

MRP 101: Mineral Rights News April 2021 Apr 14, 2021

In this month's Mineral Rights Podcast news episode for April 2021 we cover a victory for mineral owners in Ohio, a loss for owners in Pennsylvania, states join Louisiana lawsuit against Biden Administration over federal leasing pause, and Louisiana to become a leader in renewables?!

Ohio Supreme Court Provides Some Clarity on the Specificity Required to Reserve Interests Under the Marketable Title Act | Consumer protection law can’t be used to sue gas and oil firms over land leases, Pa. Supreme Court says | States sue to undo Biden pause on US oil & gas lease sales | Louisiana moving away from oil and gas and shifting to renewable energy, governor says

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 100: Top Moments Over the Past 100 Episodes Apr 08, 2021

After all the build-up and anticipation, we've finally reached 100 episodes! To celebrate, we took a look back on the past 100 episodes and picked a few of our favorite moments since Matt started the Mineral Rights Podcast back in 2017. When I started, I wasn't thinking about a milestone like our 100th episode but this is a great opportunity to look over the catalog to pick out a few of our favorite clips.

As a reminder, I'm giving away a free mineral rights valuation! The giveaway runs from March 24th, 2021 until April 9th, 2021 at 11:45pm MDT so be sure to enter before it closes! Click here to enter now and make sure you are subscribed to my email list to find out if you were the lucky winner.

MRP 99: Carbon Capture and Enhanced Oil Recovery Apr 01, 2021

We are quickly approaching our 100th episode. To celebrate, I’m giving away a free mineral rights valuation! The giveaway runs from March 24th, 2021 until April 9th, 2021 at 11:45pm MDT so be sure to enter before it closes! Click here to enter now and make sure you are subscribed to my email list to find out if you were the lucky winner.

CO2 sequestration or carbon capture and sequestration (CCS) is the process of capturing CO2 from the atmosphere or before it reaches the atmosphere and injecting it underground or capturing it using biological methods. Enhanced Oil Recovery is the process of injecting fluids like CO2 into the reservoir to increase production. In this episode we talk about the intersection between carbon capture and EOR and the benefits to mineral owners.

MRP 98: What to do if Your Wells Change Operators Mar 25, 2021

We are closing in on our 100th episode! To celebrate, I'm running a giveaway where you can win a free mineral rights valuation from yours truly. The giveaway ends on April 9, 2021 at 11:45pm MDT so go to mineralrightspodcast.com/episode100 to enter!

Sometimes oil and gas wells or leases are sold to another company and if you have a royalty interest in the wells, you end up getting royalty checks from the new operator once the sale goes through. This is a time in royalty ownership where you need to be on top of your game to make sure the transition goes smoothly so you get paid what you deserve.

MRP 97: How to Audit Your Oil and Gas Royalty Statements Mar 17, 2021

Have you ever wondered if you are getting paid the correct amount? Have you tried to make sense of your royalty check but weren't sure where to start? If you said yes to either of these questions, then you are in luck! In this episode we go through the steps involved with auditing your royalty statements and a quick and easy end-of-year check that all royalty owners should do.

To help you calculate if you are getting paid correctly, I've created this free Royalty Audit Worksheet. Keep track of your wells, perform a quick end of year royalty audit against your 1099's, or do a full audit, all using this helpful tool!

We are quickly closing in on our 100th episode. To celebrate, I'll be giving away a free mineral rights appraisal by yours truly to one of our lucky email subscribers. Click the link above to subscribe today to get the latest information you need to manage your minerals & royalties.

As always, you can find the show notes with links to articles we mention in the show at mineralrightspodcast.com. Questions or comments on this episode? Email us at feedback@mineralrightspodcast.com.

MRP 96: Texas Relinquishment Act Lands Mar 11, 2021

Did you know that for some lands in Texas that were sold between 1895, the state owns the minerals under those lands but the surface owner has the right to lease these lands and in return, they receive ½ of the bonus, royalty and other consideration paid by the lessee in lieu of surface damages?

In this episode, we dust off our Texas History books and talk about how this came to be and a little known resource that all Texas mineral owners can use to find out what others have leased their minerals for in your area.

As always, go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. Question or comment? Send us an email at feedback@mineralrightspodcast.com

MRP 95: Mineral Rights News March 2021 Mar 03, 2021

In this month's Mineral Rights Podcast news episode for March 2021 we cover a test of the Accommodation Doctrine in Texas as mineral owner sues a solar company, cash prices soar amid natural gas shortage, and are we about to enter a multi-year commodity super cycle for oil and natural gas?

Mineral Owner vs. Solar Company: New Texas Case Addresses Key Issue | Cash Prices Soar Amid Natural Gas Shortage, Energy Crisis | The 'roaring 20s' will spark a multi-year commodity supercycle as economic growth rebounds

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 94: Leasing Land for a Solar Farm Feb 24, 2021

In part two of our renewable energy series, we talk about leasing your surface rights for solar power development (aka a solar farm). From the terms to think about, going lease rates for solar developments, what would be installed on your property, and the actual carbon footprint of solar vs. natural gas power plants, we break it all down for you.

Even if you don't own large amounts of surface rights to lease for a solar development, this episode has something for you. As mineral owners, it is important to be aware of how surface uses like a solar farm could impair the ability to use the surface to drill an oil and gas well. When certain provisions need to be made in order to balance the often competing priorities of surface vs. mineral rights, the Accommodation Doctrine comes into play. In fact, we discuss a recent court case in Texas that highlights this potential conflict.

As always, you can find the show notes with links to articles we mention in the show at mineralrightspodcast.com. Questions or comments on this episode? Email us at feedback@mineralrightspodcast.com.

MRP 93: The Pros and Cons of Wind Energy and Leasing Land for a Wind Farm Feb 18, 2021

In this episode, we discuss some of the considerations if you are approached to lease your land for a wind farm and some of the pros and cons associated with wind energy. Little did we know how soon after recording this episode we'd be faced with an energy crisis and rolling blackouts in Texas due to record low temps and widespread snow and ice storms freezing all types of energy production in the state. From preventable problems with natural gas power plants to half of the Texas' renewable power offline due to frozen wind turbines and snow covered solar panels, this highlights the need to be measured in our approach to a low carbon energy future.

Our thoughts go out to those in Texas currently faced with the current energy crisis. Once we all thaw out, this episode has a lot to think about as it relates to wind energy and how we make a smart transition to a low carbon future. Enjoy and we'd love your thoughts - email feedback@mineralrightspodcast.com

MRP 92: How to Make Sure You Are Getting Paid What You Deserve with Royalty Advocate Feb 10, 2021

In this episode, we interview the founders of an amazing platform that is pioneering the way we manage our minerals and royalties. Justin and I had the opportunity to talk with Eliott Gilson and Jarrett Parker, co-founders of Royalty Advocate.

These guys are super smart and in fact they are real life rocket scientists that are applying technology to modernize the way we answer the two main questions around mineral ownership:

Am I getting paid on all the assets I should be getting paid on? AND
Are those payments accurate?

And they make it so user friendly that anyone can use their system and they offer this power at a price that is affordable for ALL royalty owners.

Be sure to listen until the end to learn how Mineral Rights Podcast listeners can start using Royalty Advocate's Advanced Plan today for FREE (a $49 value).

As always, show notes can be found at mineralrightspodcast.com.

MRP 91: Mineral Rights News February 2021 Feb 03, 2021

In this month's Mineral Rights Podcast news episode for February 2021 we cover Akron Ohio leases city lands, Ohio supreme court rules on dormant minerals, and Biden pauses oil and gas leases and targets fossil fuel "subsidies":

Akron wants to sell mineral rights for the fracking of 475 acres of water shed land | Court must consider two state laws on oil and gas rights | In Sweeping Actions on Climate, Biden to ‘Pause’ Oil and Gas Leasing

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 90: Haynesville Shale Overview Jan 27, 2021

In this episode, we provide an overview of key facts about the Haynesville Shale natural gas play in Louisiana, Texas, and Arkansas. Learn what four companies have EACH produced more than 1 trillion cubic feet of gas since 2012 and where rigs are currently drilling. Also, this major oil and gas company is excited about the prospects for this important natural gas play and for good reason (you might be surprised who it is).

Show notes with the graphs and tables discussed in this episode can be found at mineralrightspodcast.com.

MRP 89: State and Federal Mineral Rights Jan 21, 2021

Did you know that the Bureau of Land Management (BLM) administers over 245 million surface acres and over 700 million acres of federal minerals in the United States?

The interesting thing is that private mineral rights can be pooled with federal or state mineral rights when spacing units are formed. Learn how you can find out if this might apply to you and when you might have to notify the BLM of any assignment or transfer of interests.

As always, show notes at mineralrightspodcast.com where you'll find links to resources mentioned in the show.

MRP 88: What are Water Rights? Jan 14, 2021

Water is becoming an ever more important commodity, especially in the Western United States. In this episode, we dive in to the world of water rights (sorry, I couldn't resist ;). From the different systems that govern water rights across the country, to whether or not they can be bought or sold, to the similarities and differences between water rights and mineral rights. As always, show notes can be found at mineralrightspodcast.com where you'll find the resources mentioned in this episode.

MRP 87: Mineral Rights News January 2021 Jan 07, 2021

In this month's Mineral Rights Podcast news episode for January 2021, we talk about aggressive energy policies from Washington, drilling falls to new lows, and North Face gets blasted for refusing jacket order for oil and gas service company.

U.S. shale should be worried about ‘very aggressive’ policies coming from Washington, energy secretary says | Colorado Oil And Gas Drilling Falls To Historic Lows As The Pandemic Crashes Demand | North Face accused of 'virtue-signaling' for refusing oil-and-gas firm's jacket order

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 86: The Most Impactful Podcast Episodes of 2020 Dec 31, 2020

Wondering what you missed on the Mineral Rights podcast in 2020? Here are Matt and Justin's picks for the most impactful podcast episodes of 2020.

Despite the challenges we faced in 2020, we’ve had some amazing guests and covered some high-impact topics this year and so we are going to share a few clips from some of our favorite and most useful episodes of this year.

This may be a great reminder for those of you who have listened to them and they may be a teaser for those of you who want to go back and listen to the entire episodes that we’re going to talk about.

If you listen to any episodes from 2020, these are a great place to start. This shortlist of 5 episodes has something for everyone. They cover everything form how large mineral buyers approach mineral rights acquisitions, strategies for leasing or selling your minerals, how to get access to free oil and gas well information, to how oil and gas prices work. Show notes and more at MineralRightsPodcast.com.

MRP 85: Probate and Marketable Title with Attorney Richard Winblad Dec 24, 2020

What do Groucho Marx and James Dean have in common? Also, did you know that Bing Crosby (yes the same White Christmas Bing Crosby) owned mineral rights in Grady County, Oklahoma? Today's guest, attorney Richard Winblad, tells us these fun and interesting stories and more.

You may recognize Richard's name from the Mineral Rights Forum as he is a frequent contributor there and has helped many mineral owners make sense of what they might own.

Richard explains what marketable title is, the ins and outs of probate, estate planning, and when an affidavit of heirship might be useful for clearing up title to your minerals.

MRP 84: The Top 6 Things that Affect the Value of Mineral Rights and Royalties Dec 17, 2020

The value of your mineral rights to you is what is most important. We may have a connection with our mineral rights since they have been handed down within our families for generations. That said, there are several factors that can impact the value of your mineral rights and royalties. In this episode, we break down the top 6 biggest factors that impact the value of your oil and gas mineral rights and royalties.

As always, you can find the show notes and additional resources mentioned in this episode at mineralrightspodcast.com

MRP 83: Saltwater Disposal Well Agreements Dec 10, 2020

Water management is big business in unconventional oil & gas fields. Today we talk about produced water and things to consider if you are approached to sell or lease your land for a saltwater disposal well (aka SWD well). This episode is for informational purposes only and should not be construed as investment or legal advice.

Show notes can be found at mineralrightspodcast.com where you will find links to the resources mentioned in this episode like my favorite book on negotiating, Never Split the Difference by Chris Voss.

MRP 82: Mineral Rights News December 2020 Dec 02, 2020

In this month’s mineral rights news episode for December 2020:

As always, you can go to mineralrightspodcast.com to find the links to these articles and other information referred to in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 81: Listener Questions - Part Two Nov 25, 2020

This week is part two of our 2020 listener questions series where we answer questions submitted by Jonna, Kevin, Marla, and Sean. If you haven't listen to part one yet, be sure to go back and listen to Episode 80 as well.

Thanks again to everyone who left a review or who submitted a question. If you have a question about your minerals or royalties, you can send it to feedback@mineralrightspodcast.com and who knows we might just answer it on the air.

This feedback really helps keep us going and helps make sure that we are putting out content that is tailored to your needs. So if this has been helpful, please take a moment and leave us an honest rating & review on Apple Podcasts if that is where you are listening to this.

MRP 80: Listener Questions for 2020 - Part One Nov 18, 2020

In this episode, we shout out listeners who left a review on Apple Podcasts and we answer the questions that were submitted by Butch, Gregg, Frank, and Ken via email. In fact, we had so many questions in the backlog that we had to split this into two episodes. Stay tuned for Part Two next week!

Thanks again to everyone who left a review or who submitted a question. If you have a question, you can send it to feedback@mineralrightspodcast.com and who knows we might just answer it on the air.

This feedback really helps keep us going and helps make sure that we are putting out content that is tailored to your needs. So if this has been helpful, please take a moment and leave us an honest rating & review on Apple Podcasts. Thanks!

MRP 79: Mineral Rights News November 2020 Nov 11, 2020

In this month's Mineral Rights Podcast news episode for November 2020, we talk a novel technology that addresses renewable energy storage issues, peak oil demand after COVID, the latest mergers of U.S. shale producers, and why the recent Texas Railroad Commission election was so important

An $11 trillion global hydrogen energy boom is coming. Here’s what could trigger it | Rystad Revises Peak Oil Demand Forecast | U.S. shale mergers reshuffle the oil production landscape | Republican Candidate Jim Wright Poised To Be Texas’ Next Oil And Gas Regulator

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 79: Mineral Rights News November 2020 Nov 11, 2020

In this month's Mineral Rights Podcast news episode for November 2020, we talk a novel technology that addresses renewable energy storage issues, peak oil demand after COVID, the latest mergers of U.S. shale producers, and why the recent Texas Railroad Commission election was so important

An $11 trillion global hydrogen energy boom is coming. Here’s what could trigger it |

Rystad Revises Peak Oil Demand Forecast | U.S. shale mergers reshuffle the oil production landscape | Republican Candidate Jim Wright Poised To Be Texas’ Next Oil And Gas Regulator

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 78: How to Sell Your Mineral Rights or Royalties For The Highest Price Nov 04, 2020

Selling your mineral rights? Here's what you need to know about how to sell your minerals or royalties to get the highest price possible from a sale or lease and the three primary ways this can be done.

This is a deep dive into the 4th tip that we covered in Episode 70 about what to know if you are thinking about selling your minerals or royalties. Specifically we touched on the different ways you can go about selling your property, from hiring a broker, to listing it on an auction website, to contacting buyers yourself.

If you are thinking about selling your mineral rights or royalties, get our free cheat sheet with all the details to help you sell your property for top dollar like a pro.

These tips can also be used if you are interested in leasing your mineral rights so this doesn't just apply to mineral owners wanting to cash out of their property.

MRP 77: How a Fracking Ban on Federal Lands Could Affect Mineral Owners Oct 29, 2020

In this episode, we do a deeper dive on the issue of a fracking ban on federal lands that Joe Biden has talked about implementing if he gets elected president in 2020.

To help you understand what this might mean for the value of your mineral rights and for the future royalties that you might receive, we look at what it would mean for the oil & gas industry, the states that would be impacted the most, and the takeaway for mineral and royalty owners. You might be surprised at what we have to say.

As always, you can go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. Let us know what you think about this important topic - email feedback@mineralrightspodcast.com

MRP 76: Leasing Mineral Rights for Mining Potash and Other Critical Minerals Oct 21, 2020

When you read about the coming transition to renewable energy, critical minerals may not be the first thing that comes to mind. That said, these minerals are critical (pun intended) for the "renewable" energy infrastructure being touted by some politicians. From solar panels and wind turbines to electric vehicles and the large quantities of batteries that make these technologies usable, minerals like lithium and cobalt are required. In fact, the World Bank predicts a 500% increase in the production of these critical minerals by 2050 to meet growing demand.

Growing the food required to feed the growing global population uses a lot of fertilizer, and potash is a naturally occurring ingredient in fertilizer.

Like oil & gas, for a company to be able to mine for potash or other critical minerals on privately owned land, they must obtain a lease from the mineral owner beforehand.

In this episode we talk about what Potash is, where it is located, things to think about before signing a mining lease to mine potash or other critical minerals.

MRP 75: Overview of the SCOOP, STACK, and MERGE Plays in Oklahoma Oct 14, 2020

In this episode, we provide an overview of key facts about the SCOOP, STACK, and MERGE Play in the Anadarko Basin in Oklahoma. This is the fifth episode in our series about the major producing oil and gas basins and plays in the US. Please let us know if you have any requests on a particular area that you would like us to cover. We covered the Permian Basin, DJ Basin, Uinta Basin, and Powder River Basin in previous episodes.

The Maps, Charts, and Data that we mention can be found in the show notes for this episode.

MRP 74: Mineral Rights News October 2020 Oct 07, 2020

In this month's Mineral Rights Podcast news episode for October 2020, we talk about the first presidential debate and the candidate's energy policies and the trouble that is brewing in Colorado around increased setbacks from oil & gas facilities:

Bigger setbacks, other regs get preliminary COGCC approval | Colorado Cattlemen's Association criticizes COGCC's setback plans | Joe Biden Wants to Make Almost Every Policy a Climate Change Policy

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 73: Alex Epstein and The Moral Case for Fossil Fuels Sep 30, 2020

The 2020 presidential election is looking to have a big impact on energy policy in the United States.

When it comes to energy and the environment and being able to understand both the positive and negative effects, it is important to look at the data in an objective manner. And this is exactly where this week's guest comes in.

Alex Epstein is a philosopher who argues that “human flourishing” should be the guiding principle of industrial and environmental progress.

He founded the Center for Industrial Progress in 2011 to offer a positive, pro-human alternative to the Green movement.

Alex is the author of The Moral Case for Fossil Fuels, a New York Times bestseller who argues that if we look at the big picture, human flourishing requires that we use MORE fossil fuels not less. The book has been widely praised as the most persuasive argument ever made for our continuing use of fossil fuels.

Most recently, Alex created the website EnergyTalkingPoints.com to provide true, powerful, and succinct talking points on this year's most important energy, environmental, and climate issues.

MRP 72: What You Should Know About Post-Production Costs Sep 23, 2020

Post-production costs are important for royalty owners to understand because they can result in a significant deduction from your oil or natural gas royalty check.

In this episode, we talk about what they are, what you need to know, about post-production costs, an extreme example and why a cost-free oil and gas lease is so valuable, and steps you can take if you are charged post-production costs on your oil or gas royalties.

MRP 71: Mineral Rights News September 2020 Sep 16, 2020

In this month's Mineral Rights Podcast news episode for September 2020:

Family's win in mineral rights dispute may lead to similar lawsuits against North Dakota | Three men accused of mineral rights, royalties diversion scam | Investment Firm Pays Occidental $1.33 Billion For Wyoming Lands, Mineral Rights

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 70: 5 Tips if You Are Thinking About Selling Mineral Rights Sep 10, 2020

Have you been thinking about selling your mineral rights or royalties but are not sure where to start? If so, then you are in luck because that is exactly what today's episode is about.

You can find the show notes at mineralrightspodcast.com/episode70 There you will find the link to download my free cheat sheet with the important details behind the 5 key steps in selling mineral rights. This cheat sheet has the key things you need to know in order to sell your property for top dollar like a pro.

MRP 69: Tim Pawul with the Oil & Gas Council & Host of the Minerals & Royalties Podcast Aug 31, 2020

I'm extremely excited to welcome Tim Pawul with the Oil & Gas Council and the host of the Minerals & Royalties Podcast to our show. His podcast features interviews with some of the leading CEOs & Investors in the minerals & royalties space with the ultimate purpose to educate investors on the space, thus equipping them with the knowledge base needed to become public investors, private investors, and end-buyers.

We've talked previously on the show about how mineral buyers underwrite deals and what their thoughts are on the market. Tim is very tied in to the minerals & royalties market through his interactions with leaders of mineral companies both big and small. This conversation was really interesting as Tim gives an overview of the conversations he's having with these senior leaders and what they are thinking about the minerals market following the oil war and in a post-COVID world. We talk about how buyers have changed the way the underwrite deals given all the uncertainties in the market, to the types of deals that are still closing and where Tim sees the biggest opportunities right now.

MRP 68: Mineral Rights News August 2020 Aug 19, 2020

In this month's Mineral Rights Podcast news episode for August 2020:

ND Supreme Court rejects challenge to law that would return mineral rights the state had claimed under Lake Sakakawea | BP built its business on oil and gas. Now climate change is taking it apart | Mineral rights owner Fortis Minerals withdraws estimated $400 million IPO

As always, go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 67: Estate Planning and Mineral Rights Aug 12, 2020

This week we talk about estate planning and mineral rights with attorney Ben Kinney with the Kinney Law Office. There are so many useful tips that we talk about during this episode that I'm sure this will end up as one of our most popular episodes yet. If this episode is helpful, all that I ask is to leave a rating and review on Apple Podcasts or wherever you are listening to this. This is the best way to help us out. Thanks in advance for your help in getting the word out about the show so that others can benefit from this information as well!

MRP 66: Dormant Mineral Rights. Do Mineral Rights Expire? Aug 05, 2020

Justin and I talk about when mineral rights are considered dormant, why this can be an issue, and what states have enacted statutes to address this. Given the decrease in activity across the US due to low commodity prices, it is likely that more acreage will fall into this category. Listen now to find out what you need to do to protect your interests and where you can go to find out more information.

MRP 65: Behind the Scenes on a Drilling Rig and Why Quality Matters Jul 29, 2020

I'm really excited about this week's episode because we have two really interesting guests lined up for you. Kyle Chambers and Joey Falbo with Texas Quality Assurance LLC join Justin and I to teach us about quality management and why everyone needs to know what it is. In fact, Kyle and his wife Darci host a podcast called the #QualityMatters Podcast where they talk all about quality management and ways to make your life easier at work and at home.

This was a really interesting conversation as we dive deep into how quality management is really important when drilling a well. Joey tells a few stories from his experience working in the field around things like inspecting drilling equipment and why this is so critical in making sure a wells is drilled safely and on-time.

This is important to us as mineral owners because if the operator has an equipment failure that causes them to have to plug the well and it may never get repaired and completed. If the well never produces oil and gas, we don't get paid royalties.

Resources:

I had the pleasure of being a guest on the #QualityMatters Podcast in Episode 70 where we talk about the importance of Continuous Improvement during the downturn in the oil & gas industry and some of my experience with continuous improvement at Shell. Click the link above to give it a listen or listen on your favorite podcast player.

MRP 64: Appalachian Basin Overview Jul 17, 2020

In this episode we provide a summary of the Appalachian Basin located in New York, Pennsylvania, Eastern Ohio, and West Virginia. Learn about the geology, history, the major operators who are drilling in the Marcellus and Utica Shales, and what the future may hold for this area if you have minerals or royalties here or are looking to invest in the basin.

MRP 63: Mineral Rights News July 2020 Jul 09, 2020

In this month's Mineral Rights Podcast news episode for July 2020:

Colorado land board won't bid on Occidental's massive land, mineral rights sale | Exxon Mobil Resists Write-Downs as Oil, Gas Prices Plummet | Fracking trailblazer Chesapeake Energy becomes the biggest oil and gas bankruptcy of the pandemic

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 62: Oil and Gas Company Bankruptcy Update and a Creative Alternative Jul 02, 2020

In this episode, we give an update of a few of the notable companies that have filed bankruptcy in 2020 and where we will likely end up when it is all said and done. We also do a deep dive on the recent Extraction Oil and Gas bankruptcy, and give our prediction on three additional companies that we think will also file bankruptcy in 2020. Finally, we wrap it all up with a discussion about one company just announced a creative way that they are paying down debt to avoid bankruptcy while keeping the majority of their core assets intact. Check out the show notes for links to these stories and the Haynes and Boone, LLP Oil Patch Bankruptcy Monitor we discuss.

MRP 61: Mineral Rights News June 2020 Jun 24, 2020

In this month's Mineral Rights Podcast news episode for June 2020:

Oil, gas companies not alone: Mineral rights owners facing squeeze from industry downturn | Tribe responds to Interior Department’s river mineral rights opinion | Wind Energy Investment To Overtake Oil & Gas In 2022 In Europe

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 60: Oil & Gas Title Opinions with Attorney Liana Jones Jun 17, 2020

This week Justin Williams and I speak with Liana Jones, an attorney with Lear & Lear, PLLC, to help us understand the ins and outs of title opinions. We discuss everything you need to know about title opinions including, the role of the title attorney, why operators need title opinions, the types of title opinions that are relevant to oil and gas, why royalty interests are put in suspense by an operator and why this is not necessarily a bad thing, and we also talk about some issues that can come up with title opinions and what you need to know as a mineral interest or royalty owner.

Ms. Jones' background is in natural resource law and transactional practice, with an emphasis on oil and gas title. Her primary interest pertains to public lands and complex title issues. In her spare time she enjoys outdoor recreational activities to include backpacking, cycling, skiing, and snowboarding. Her practice includes natural resources and public lands law with emphasis on mineral law, oil and gas law and litigation; complex title examinations; administrative hearings and appeals; public land law; and timber and logging law.

MRP 59: Alternate Valuation Dates with Rob Prentice Jun 11, 2020

One way to make the most of our minerals and royalties is to make sure that we are making the right decisions to minimize tax liability. I’m not talking about skipping out on your taxes but by making sure that you are taking the right deductions and credits or by leveraging an alternate date when valuing your property for estate tax purposes. And that is what we are going to talk about today - using the alternate valuation date when it comes to estate taxes. To cover this sometimes overlooked concept, I brought back Rob Prentice with Turrett LLC. As you may remember, Rob appeared on Episode 32 of the Mineral Rights Podcast to talk about IRS mineral valuations for the purposes of setting a step-up in cost basis.

MRP 58: My Operator Has Filed Bankruptcy, Now What? May 28, 2020

You may have read news articles recently about companies like Whiting Petroleum filing for bankruptcy. Unfortunately with oil prices in the $20 - $30/bbl range, many other companies may follow suit. In this episode, we talk about what an operator bankruptcy means for mineral and royalty owners as well as some actionable steps you can take to protect your interests. Click here to download a free resource guide with links to helpful articles and a checklist you can use.

The information contained in this episode is being shared for informational purposes only and should not be construed as legal advice. You should not act or refrain from acting on the basis of any content included in this guide without seeking legal advice from counsel in the relevant jurisdiction.

MRP 57: What to do When Your Wells Get Shut-in May 20, 2020

Today Justin and I talk about reasons that operators may shut-in producing wells. From low oil prices to preventing issues like frac interference (we explain what this is and why this is a concern), this is topic that affects all royalty owners at some time. We also talk about some of the things to know about the shut-in royalty clause in most oil and gas leases.

We recorded this episode in December 2019 before the crash in crude oil prices. That said, these concepts are relevant regardless of the reason for shutting in production. In fact, this topic may be even more relevant today with the current price environment of $20-30/bbl for WTI crude oil, given many operators have shut-in production that is not economic to produce at these prices.

Also, in case you missed it, we also covered shut-in royalty payments in our recent conversation with Spencer Cox who is an attorney with Burns Charest, LLP. You can find that discussion in Episode 53 of the Mineral Rights Podcast. In that episode, we talk about negative royalties and also dive a bit deeper into some of the legal considerations around shut-in royalty payments in the current price environment.

Be sure to subscribe on iTunes and while you are there, please leave a review (or subscribe and review wherever you normally listen to the show). It only takes a minute and it really helps us out in gaining exposure so that other mineral and royalty owners can benefit from this information too.

MRP 56: Mineral Rights News May 2020 May 13, 2020

In this month's Mineral Rights Podcast news episode for May 2020 we feature some thought provoking articles:

Owners see decline in offers for mineral rights | Pandemic crisis offers glimpse into oil industry’s future | Texas Railroad Commission Will Consider An Oil Production Cut That Is Too Late To Matter

As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 55: Get Oil and Gas Data For Free with WellDatabase May 07, 2020

Saving money in these tough times is more important than ever, especially if you can do so on the software you need to manage your minerals and royalties while still getting the features you need. This is where WellDatabase comes in, and if cost is an issue, how does FREE sound?! That's right, I said FREE!

WellDatabase is disrupting the oil and gas data and analytics space by offering public well data for free for the first time ever. They also provide the option for you to pay as you go and only upgrade to a paid plan to get the additional features when you need them and then drop back down to the free plan when you don't.

Click here to watch the free YouTube video that shows you step-by-step how to forecast production in WellDatabase and then use the forecast to estimate future royalty payments as mentioned on the show.

This can be a handy way to help you audit your royalty checks each year to make sure you are getting paid what you expect. You only have to sign up for one month of the WellDatabase Essential plan to enable the decline curve analysis features that allow you to do this.

Click here to learn more about the free "lite" plan that they recently introduced as well as the essential plan that I mentioned. If you do decide to sign up, just put in "Mineral Rights Podcast" in the Where did you hear about WellDatabase section. For full transparency, I do receive a small referral commission at no additional cost to you if you decide to say that you heard it here. If you decide to try it out, thank you very much, I appreciate you. This helps me continue delivering valuable free content like this!

MRP 54: Using a 1031 Exchange to Defer Capital Gains Tax Apr 29, 2020

Matt and Justin speak with Bob Howard and Taylor Leander from Resource Royalty, LLC about 1031 Exchanges and how mineral interests can fit into this strategy. As you may know, a 1031 Exchange is defined under section 1031 of the IRS Code and it allows an investor to defer paying capital gains tax on certain types of investment properties when they are sold as long as certain conditions are met. This episode was recorded before the impacts of COVID-19 and before the price of crude oil tanked in early March. This topic may be even more important in helping to maximize the return on an investment, especially considering the challenging market conditions we are faced with in 2020.

MRP 53: Negative Royalties and Shut-in Wells Apr 22, 2020

Everyone will have seen the news by now that the price for WTI crude oil for May delivery went negative for the first time ever on April 20, 2020 closing at -$37.63 a barrel. What we’d like to talk about today is the potential impact on royalty owners.

We bring back attorney Spencer Cox with Burns Charest, LLP to talk about negative royalties and shut-in royalty provisions in oil and gas leases. You may remember Spencer from Episode 13 where we talked about royalty audits, back pay, and litigation.

Get Your Free Copy of the Burns Charest, LLP White Paper on Negative Prices & Royalty Calculations that Spencer mentions in the show.

Did you know that there is a new Facebook Group for the Mineral Rights Podcast Community? Click here to go to The Mineral Rights Podcast Facebook page. While you are there, be sure to hit "LIKE" and go to the "Groups" tab to join the Mineral Rights Podcast Community.

Again, be sure to like the mineral right podcast page first as I will also be doing some live q&A there coming up in the future so you will be able to stay posted when that happens. If there is a question you would like me to answer live then send it to feedback@mineralrightspodcast.com.

MRP 52: How Crude Oil Prices Work (and a Quick Update) Apr 16, 2020

I hope you are well. I wanted to provide an overview on how crude oil is priced as a follow up to our natural gas and NGL price episode which is Episode 50. We also provide an update on everything that is going on with OPEC, production cuts by US companies, and more.

Did you know that there is a Mineral Rights Podcast Facebook page? There you will find the NEW Facebook Group that I've created for the Mineral Rights Podcast Community. Just click on the link above to be taken to The Mineral Rights Podcast Facebook page, be sure to hit "LIKE". This is where you will find information about the Facebook Live Q&A Sessions that will be coming up.

As always, you can find show notes at mineralrightspodcast.com. To send a question you would like me to answer live, please email feedback@mineralrightspodcast.com

MRP 51: Mineral Rights News April 2020 Apr 09, 2020

I hope everyone listening is well in the midst of the pandemic. In this month's Mineral Rights Podcast news episode for April 2020 we have a couple of stories with a positive outlook (for a change!):

Oil and gas industry faces huge loss | The U.S. Is Becoming The World’s Largest Oil And Natural Gas Exporter | It's not Armageddon for America's oil and gas industry

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 50: How Natural Gas and NGLs are Priced Apr 02, 2020

I hope that you are well in these extremely challenging and uncertain times. With the volatility in the financial markets, it is hard to keep track of the price of oil and gas. We recorded this episode in January of 2020 before the current crisis but I think this content is even more relevant today.

Given the extreme drop in oil and natural gas prices, it is even more important to keep tabs on your royalty checks to make sure you are getting paid what you deserve. Specifically, it is a good practice to double check the volumes that are reported on your check stubs and to understand the price that was paid for a given month. To help you with this we answer a listener question about how natural gas prices are determined and things you need to know in order to be able to reconcile the price paid for natural gas, NGLs, and crude oil.

Thank you so much for listening and I hope you find some useful information in this episode that you can apply to your own situation.

As always, you can go to mineralrightspodcast.com to find the show notes and specific examples of how to calculate approximate value of NGL volumes from your check stub. To ask a question that you would like answered in a future episode, please email feedback@mineralrightspodcast.com

MRP 49: How to Dramatically Reduce The Cost of Running Title with Tracts.co CEO Ashley Gilmore Mar 23, 2020

I hope that all of you are well in these extremely challenging and uncertain times. After focusing on the important things, like our health and our families, we have to re-focus our attention to getting things done.

There are still plenty of opportunities in the minerals market and in a time of low oil and gas prices, it is even more important to be as efficient as possible in order to stay in business. Specifically, companies need to increase productivity, lower costs, and be even more nimble to be able to respond to quickly changing market conditions.

In this episode, Justin and I talk with Ashley Gilmore, the co-founder of Tracts.co whose revolutionary approach to running title has helped companies both large and small streamline the way they run title. In fact, their tagline is to run title at "half the cost and twice the speed".

You can download the free resource guide mentioned on the show to learn more about Tracts at: Mineralrightspodcast.com/tracts

MRP 48: The Secrets Behind the Recent Collapse in Crude Oil Price Mar 12, 2020

In this bonus episode, Justin and I provide an update on the recent collapse in crude oil prices, how the Coronavirus is impacting global oil demand, the future of US oil and gas companies, what this all means for the market for mineral rights and royalties, plus the silver lining to the drop in oil prices.

As always, you can find the show notes at mineralrightspodcast.com. Be sure to subscribe wherever you get your podcasts as we have some amazing guests coming up who can help you make the most of your minerals and royalties in a low oil price environment.

MRP 47: Mineral Rights News March 2020 Mar 11, 2020

In this month's Mineral Rights Podcast news episode for March 2020:

Gordon promises caution, pitches land deal as an investment | Federal land buy-back program coming to Wind River Reservation, aims to return more land to tribal jurisdiction | IEA: Coronavirus May Hit Oil Demand Growth More Than Expected

As always, go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 46: Mineral Rights News February 2020 Feb 17, 2020

In this month's Mineral Rights Podcast news episode for February 2020:

Despite Prop 112’s Loss, Colorado’s Fracking Foes Are Back With 6 New Ballot Measures | Should mineral rights owners get paid if the government blocks oil development on their land? | Elizabeth Warren’s Gas Royalties

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 45: Behind the Scenes at a Large Mineral Company - with Will Cullen, Vice President of LongPoint Minerals Feb 04, 2020

On today's episode Justin Williams and I speak with Will Cullen who is the Vice President of LongPoint Minerals, LLC. Will and I go back to when we both worked for Shell in different roles supporting the Pinedale Anticline asset in Wyoming. He has an extensive background in finance, economics, and Business Development in oil and gas and in minerals specifically. You won't want to miss this episode because we cover a ton of insightful information as to how a large mineral buyer operates and approaches mineral acquisitions and the current state of the minerals market. We also talk about some really helpful tips to help the individual mineral owner to get the most when leasing or selling their minerals.

Be sure to check out the show notes at mineralrightspodcast.com to download a free mineral rights valuation resource guide that I put together that goes into more depth into some of the topics we discuss.

Prior to joining LongPoint, Will served in various capacities for Shell beginning in 2007 as a Development Economist followed by a placement into Shell’s A&D group as Manager M&A and Commercial Finance. In 2015, Cullen was appointed as MLP Business Analysis Lead. Before his career with Shell, he owned and operated Highland Minerals & Royalties and was in Institutional Sales with Petrie Parkman. He joined the FourPoint Energy team in 2016, as the Vice President of Business Development and immediately helped the team launch LongPoint Minerals and LongPoint Minerals II. Since 2016, LongPoint has closed over 1,200 transactions and acquired over 127,000 Net Royalty Acres in Oklahoma and Texas. Will Cullen holds a Bachelor of Fine Arts from Montana State University and an MBA and a MS in Finance from the University of Denver.

Please subscribe to the show on iTunes or wherever you get your podcasts and please leave us an honest rating and review. To ask us a question to be featured on an upcoming episode, please leave a comment at mineralrightspodcast.com or send an email to feedback@mineralrightspodcast.com.

MRP 44: Mineral Rights News January 2020 Jan 20, 2020

In this month's Mineral Rights Podcast news episode for January 2020:

New Wyoming Rule Seeks to Boost Oil, Gas Permit Competition (Final Rule Text, Presentation on New Rule) | 'A huge opportunity': Alberta oilfields could give rise to lithium industry fuelled by electric cars | President Obama’s Support For America’s Shale Oil And Natural Gas

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 43: Overriding Royalty Interests Jan 10, 2020

In this episode, we talk about Overriding Royalty Interests, also sometimes called Overrides or ORRI’s. We cover everything you need to know about Overrides if you have inherited them, are looking to invest in ORRI's, or just want to know more.

MRP 42: Mineral Rights News December 2019 Dec 16, 2019

In this month's Mineral Rights Podcast news episode for December 2019:

The Underground Way to Earn a 10% Yield in Oil Stocks | Landowners Allege Anadarko Monopolized Oil And Gas Leases, Fear Major Financial Loss | Drilling, dollars & debt: Colorado’s oil and gas industry is leveraged to the hilt. What does that mean for the future?

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 41: Uinta Basin Overview Dec 06, 2019

In this episode we provide a summary of the Uinta Basin located in Utah. Learn about the geology, the major operators who are drilling in the Uinta Basin, and what the future may hold for this area if you have minerals or royalties here or are looking to invest. As always, you can find show notes at mineralrightspodcast.com.

MRP 40: Mineral Rights News November 2019 Nov 22, 2019

In this month's Mineral Rights Podcast news episode for November 2019:

House passes Chaco Canyon protection bill | Court forces landowners to allow oil, gas exploration. Widow, dying woman fighting back. | AEP retains oil and natural gas drilling rights on 31,000 acres Ohio plans to buy for $47 million

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 39: Mineral Rights Inheritance Nov 07, 2019

In this episode, we dive deep into how to handle inherited mineral rights. I’m really excited about this conversation because we cover the ins and outs of one of the most common situations that most individual mineral owners face. Justin also talks about his family’s experience in going through this process so you can learn from that as well. Since this is a long one and chock full of tips, go to mineralrightspodcast.com to find the link to the full transcript to this episode that you can use as a handy reference.

MRP 38: Mineral Rights News October 2019 Oct 23, 2019

In this month's Mineral Rights Podcast news episode for October 2019:

WV oil and gas industry to watch upcoming legislative session closely | Chevron's shale allies are its secret weapon in Exxon race | U.S. Natural Gas Reserves Continue To Soar

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 37: Powder River Basin Overview Oct 10, 2019

In this episode we provide a summary of the Powder River Basin located in Wyoming and parts of Montana. Learn about the geology, the major operators, exciting well results, and what the future may hold for this area if you have minerals or royalties here or are looking to invest in the basin.

MRP 36: Documents You Need for a Mineral Appraisal Sep 26, 2019

In this episode we dive a bit deeper into the documents that you need when requesting any type of mineral rights valuation or appraisal. We talk about specific examples of how these documents are used to help the appraiser make the right assumptions and how having them will save you time and money. These are the documents we ask our mineral rights appraisal clients for at Silverheels Investments but any mineral appraiser will also need these in order to give you the most accurate results.

MRP 35: Mineral Rights News September 2019 Sep 19, 2019

In this month's Mineral Rights Podcast news episode for September 2019:

Task force to mull putting real estate, mineral rights on the blockchain | Meeting regarding mineral rights on Monday | Judge sides with Wilkinson family in Lake Sakakawea mineral dispute

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 34: Important Documents for Mineral Rights and Royalties Sep 06, 2019

In this episode we provide an overview of the types of documents you should keep for your mineral rights and royalties. In other words, we talk about document management for mineral owners. We cover the most common documents you should have on hand as well as the high-level categories these documents fall into. Listen to the end for some tips on how to organize the documents so you can find them when you need them.

MRP 33: Mineral Rights News August 2019 Aug 29, 2019

In this month's Mineral Rights Podcast news episode for August 2019:

As Drillers Struggle, Shale Investors Seek Safety in Mineral Rights | A top-producing, but struggling, Eagle Ford driller hit with $44M court judgment | Deadline set in White Star Petroleum bankruptcy: Mineral rights owners have until Aug. 23 to file claims

As always, you can go to mineralrightspodcast.com to find the links to these articles. To send us an article you would like us to cover in a future episode, please email feedback@mineralrightspodcast.com

MRP 32: Turrett LLC and NARO Colorado President Rob Prentice Aug 23, 2019

I sit down with Rob Prentice, the President of Turrett, LLC and current President of the Colorado Chapter of the National Association of Royalty Owners (NARO). Rob is an appraiser of mineral rights emphasizing oil and gas minerals. We dive deep into the types of mineral rights appraisals and specifically when you should get an appraisal done to set the IRS tax basis for minerals inherited then sold. We also talk about the National Association of Royalty Owners and what you need to know about this organization and why you should be a member if you aren't already one. If you haven't already, be sure to listen to the Mineral Rights Podcast Episode 4 where I talk about the different ways that minerals are valued. Be sure to check out the show notes to download a free IRS Mineral Rights Valuation and Tax Resource Guide.

MRP 31: Greater Permian Basin Overview Aug 09, 2019

In this episode, we provide an overview of the key facts and things you should know if you own minerals in the Greater Permian Basin, including the Delaware Basin, Midland Basin, Central Basin Platform, or Northwest Shelf. Please let us know if this is useful and if you have any requests on a particular area that you would like us to cover!

MRP 30: Mineral Rights News July 2019 Jul 17, 2019

In this month's Mineral Rights Podcast news episode for July 2019: Fracking in Ohio: State law gives energy companies right to force landowners into leases | Interior to Support Critical Minerals Strategy through Faster Permitting, Better Information, Nationwide Examination of Minerals Potential | Bill To Amend Mineral Lease Act, Raise Royalties And Cut Lease Sales Draws Opposition

MRP 29: Listener Q&A Jul 03, 2019

In this episode we answer listener questions about decline rates for unconventional oil and gas plays, leasing vs. forced pooling, and what happens when one operator buys an oil and gas lease from another operator.

To ask a question to be featured in an upcoming episode, email feedback@mineralrightspodcast.com.

MRP 28: DJ Basin Overview Jun 21, 2019

This is the first in our series about the major producing oil and gas basins and plays in the US. We provide an overview of the key facts and things you should know if you own minerals in the DJ Basin. Please let us know if this is useful and if you have any requests on a particular area that you would like us to cover!

MRP 27: Mineral Rights News June 2019 Jun 14, 2019

Supreme Court sides with property owners; companies have no right to get natural gas without permission | North Dakota tribe defends its rights to minerals from state | Navajo Allottees Defend Mineral Rights And Cultural Heritage In Opposition To Exclusionary Zone Near Chaco Canyon

MRP 26: Investing in Mineral Rights and Royalties Jun 07, 2019

Today we’re talking about investing in oil and gas mineral rights and royalties. We cover the pros and cons of this type of investment, and the different ways to invest as well as some of the potential requirements for these investments.

MRP 25: Mineral Rights News May 2019 May 22, 2019

In this month's Mineral Rights Podcast news episode:

Deep-sea mining could provide access to a wealth of valuable minerals |Bullock signs bill clarifying fossils are part of property surface rights in Montana | Occidental Wins Battle for Anadarko as Chevron Exits Bidding | What Chevron stands to lose if Occidental wins bidding war for Anadarko

And remember to leave a rating and review on iTunes or wherever you are listening to this show and send a screenshot of your review to: feedback@mineralrightspodcast.com to be entered to win a free copy of the book that was mentioned in our interview with Phil Sherwood of SherWare/WellProfits and the "We're Still Here Podcast". All entries must be received by June 1st 2019 so don't wait!

MRP 24: Automating How you Track and Analyze Royalties with Phil Sherwood, CEO of SherWare and Host of the We're Still Here Podcast May 17, 2019

Today we have Phil Sherwood, CEO of SherWare, Inc., an oil and gas accounting software company, has been in the industry for 25 years. He is the host of the We're Still Here podcast where he has taken his amazement at the tenacity, fortitude and rebound ability the people who keep the oil & gas industry running have had to survive, no matter what the market conditions looked like and created a show about it! His company has several products, including WellProfits, which automates how you track and analyze royalty and mineral interest data for family trusts, investment funds, and individuals so you have more time to live your life.

MRP 23: How to Negotiate a Surface Use Agreement May 08, 2019

Listen to this episode to learn how to negotiate a Surface Use Agreement (SUA). A Surface Use Agreement (SUA) is a contract between the surface owner and the lessee (usually oil & gas company) to an oil and gas lease. This contract outlines the rights, duties, and obligations by both the landowner and operator including things like the size of the surface disturbance that will be allowed when constructing well pads and roads, compensation for any property damage that might be done by the operator.

MRP 22: Who is Justin Williams? Apr 24, 2019

You have heard his voice on many of the Mineral Rights Podcast episodes and now it is time to find out just who Justin Williams is. Listen in as Matt interviews Justin!

MRP 21: Mineral Rights News April 2019 Apr 17, 2019

In this month's Mineral Rights Podcast news episode:

Colorado Senate Bill 19-181, the oil and gas regulations bill, gets final approval and is headed to governor’s desk | House approves measure to protect mineral rights owners from governmental takings, sends to Senate | EPIC study finds landowner revenue, industry output would increase with open auctions

MRP 20: Taxes on Mineral Rights and Royalties Apr 03, 2019

Today we talk about taxes on mineral rights and royalties. Learn how royalties and lease bonus proceeds are taxed. Get tips on common deductions and credits to make sure you know the questions to ask your CPA when it comes time to file your taxes. We also cover a little known fact on why it makes sense to determine the cost basis for mineral rights that you inherit even if you don't plan on selling.

MRP 19: Mineral Rights News March 2019 Mar 29, 2019

In this month's Mineral Rights Podcast news episode: Industry groups, politicians seek to delay Colorado oil and gas bill | North Dakota energy bill criticized as 'flat-out taking' of private property rights | Suit on forced pooling of mineral rights remains in background.

To ask us a question to be featured on an upcoming episode, please leave a comment at mineralrightspodcast.com or send an email to feedback@mineralrightspodcast.com.

MRP 18: What is the Difference Between a Net Mineral Acre and a Net Royalty Acre? Mar 08, 2019

In this episode, Justin Williams and I cover the basics around the Net Royalty Acre. We talk about the difference between the Net Royalty Acre (NRA) and Net Mineral Acre (NMA) units of measure and when to use each one. Plus we cover how to calculate how many Net Royalty Acres you have.

MRP 17: Mineral Rights News Feb 2019 Feb 22, 2019

This is the first episode that we will be doing monthly where we cover the latest news relating to mineral rights. We'll also chime in to tell you our thoughts on each article. I hope this is useful - let us know if you want to hear more content like this!

MRP 16: What You Need to Know About Oil and Gas Division Orders Feb 11, 2019

In this episode, we talk about what you need to know about Oil & Gas Division Orders, from what it is, what information is included, and things to consider if you get one in the mail. We also cover a few special cases and some common questions that Matt answers at the end of the show.

MRP 15: They are Going to Drill on my Land - How Long Before I Start Getting Paid Royalties Jan 28, 2019

In this episode, Justin Williams joins me again to provide the individual mineral owner's perspective. We discuss the typical lifecycle of an oil and gas well and how long it takes from when they start breaking ground until you start getting paid royalties. We also talk about Texas statutes that exist to protect royalty owners and provide certain timeframes for operators to respond to written requests. Be sure to stay tuned until the end because I also answer some common questions that mineral owners often have.

MRP 14: MineralTracker President Jeff Kummer Jan 02, 2019

Today we have Jeff Kummer with Mineral Tracker on the show to talk about the products and services they offer to mineral owners. MineralTracker focuses on a wide range of mineral owners from those who own smaller interests from just a few wells to those who have interests in thousands of wells. MineralTracker uses proprietary algorithms to allow you to understand predicted royalty income both historically and into the future.

MRP 13: Royalty Audits and Litigation with Attorney Spencer Cox Dec 14, 2018

Today we have Spencer Cox, an attorney with Burns Charest. He's going to help us dive deeper into the world of royalty audits and when litigation might be an option for mineral owners to pursue.

MRP 12: Interview with MineralSoft CEO Gabe Wilcox Nov 29, 2018

Today we have Gabe Wilcox the CEO of MineralSoft. He's going to tell us how they got started and some of the solutions they offer to mineral owners to help make sure they are making the most out of their assets.

I met some of the MineralSoft team a few months ago here in Denver and got to see their software first hand. I thought it would be great for them to come on the show and talk about how they can help mineral owners manage the often complex business of making heads or tails of your monthly royalties. Also, this is the first in a series of episodes where we will be featuring companies that have tools and services for mineral owners so stay tuned to find out about other great companies out there serving our market.

As I mentioned before, we are running a contest for anyone who leaves us a review on iTunes. Just go to mineralrightspodcast.com/contest to enter!

MRP 11: Oil and Gas Title Issues and Curative Measures Oct 09, 2018

In this episode, we interview expert Clint Goos on the subject of Oil and Gas title issues and curative measures. Clint is an experienced attorney, landman, and project manager with NorthStar Energy Company based in Denver, Colorado. This episode is full of useful information for mineral owners who need to know their options for correcting gaps in the chain of title or other common title defects.

MRP 10: How to Perform a Title Search Sep 27, 2018

In this Episode of The Mineral Rights Podcast, we cover how to perform a basic title search on your own, what document types to look for, and several free online resources that can help you run title. Show notes: http://mineralrightspodcast.com/episode10

MRP 9: Royalty Leasing Scams - Beware! Sep 12, 2018

In this episode, we talk about a potentially deceptive practice that we’ve come across and want to make other mineral owners aware of. It is not very common but can have significant unintended consequences if you fall into this trap.

Specifically, we are talking about a royalty lease which is being presented as if it were a mineral lease (especially a top lease). Listen to hear more about how to protect yourself against this potential scam.

MRP 8: Forced Pooling - What Are Your Options? Sep 12, 2018

In Episode 8, we talk about forced pooling and expand on the concept of non-operated Working Interests as covered in Episode 7. We highlight the typical options that a mineral owner is faced with when they receive a forced pooling notice and election letter in the mail. This includes:

- Participating in the well (covered in more detail in Episode 7)

- Leasing

- Making an affirmative election to "non-consent" to the well

- Getting Forced Pooled

Examples discussed are specific to Colorado but many states have similar requirements. Check with your state's oil and gas commission for more information.

MRP 7: Working Interests for Mineral Owners Aug 22, 2018

In this episode, we talk about what a Working Interest (WI) in Oil & Gas is and what you need to know when thinking about participating in a well.

You Will Learn About: - Potential tax implications - What is a Joint Operating Agreement (JOA) - What does participating in a well mean - Pros/cons of non-operated WI's

MRP 6: How to Negotiate an Oil and Gas Lease Aug 01, 2018

In this episode, we answer a listener's question about what to negotiate for and how to evaluate an oil and gas lease. Be sure to check out the show notes for a free leasing resource guide.

MRP 5: What to Know About Selling Minerals Jul 18, 2018

In this episode, we talk about what you need to know about selling mineral rights and the typical process that's involved. Be sure to listen to the end because we cover 5 red flags to look for when selling your minerals or royalties.

MRP 4: How Mineral Rights are Valued Jun 20, 2018

In This Episode, You Will Learn About:

Different Approaches Used in Valuing Mineral Rights
Different Property Types
The Market Approach (comparable sales)
The Income Approach (aka Discounted Cash Flow Analysis)
A rule of thumb you can use to provide a rough estimate of value of some producing minerals.
We also talk about different factors that go into a mineral rights valuation

If you are considering selling, we discuss some of your options:

What is a Non-Participating Royalty Interest (NPRI) and when it can be used.
Selling only a portion vs. selling 100% of your interest
Long vs. short-term personal & financial goals
Red flags to look out for (in the fine print of any legal documents)
and who typically pays for what in a mineral rights transaction.

Finally, we cover some local Colorado mineral rights news:

Royalty owners claim wider well setbacks would cost them $26 billion

MRP 3: How to Calculate your Net Revenue Interest in Three Simple Steps Sep 15, 2017

In this Episode, I show you how to calculate your Net Revenue Interest in a well in 3 simple steps. We also cover how to estimate the amount of your Royalty Check.

MRP 2: What's the Difference Between Minerals and Royalties? May 09, 2017

In this Episode, we talk about the different forms of ownership as it relates to mineral rights and the difference between minerals and royalties. We also talk about ways that ownership is conveyed and the sometimes ignored Non-Participating Royalty Interest and an example of how you could use it.

MRP 1: Introduction and What to Expect May 04, 2017

In this episode, I introduce myself and tell you what to expect from future episodes of the Mineral Rights Podcast.

Our TOPPODCAST Picks

Follow Us

Stay Connected

The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

Related Podcasts

Links

Stay Connected