Goldilocks at the Pump: What Price per Gallon is Just Right?
It’s not uncommon for the price per gallon of gas to become a hot topic of conversation around the old water cooler. Everyone has an opinion. If you spend hours a day commuting for work, you cheer when prices dip. If you rely on oil and gas income to pad the bank account, you like […]
The Taxman Cometh: What to Know about Taxes on Mineral Rights
Where there is income, there are taxes. If you’ve just leased the mineral rights to your land to an oil and gas company, you may wonder, how will the revenue from royalty and lease payments affect my taxes? How Taxes on Mineral Rights Royalties are Figured The royalties paid to you from the company leasing […]
Will an Oil Rig on My Property Be Invasive?
Choosing to lease or sell the mineral rights to your property takes time. As you question the process, you may wonder how having an oil rig on your property will affect your day-to-day life. After all, giving an oil and gas company the green light to mine below your home and land means they’ll have […]
How Does an Oil and Gas Well Impact My Property Value?
As you debate whether or not to sell or lease your land’s mineral rights to a local oil and gas company, several questions spring to mind. One initial concern for landowners is how having an oil well on your property will impact the overall value of your land. Does an oil well improve or decrease the […]
Mineral Rights 101: What is Overriding Royalty Interest?
After you lease the mineral rights to the land beneath your property, you can earn additional income by allowing an oil and gas company to set up a production site on the land. Once the well starts producing, the mineral rights owner can earn royalty interest or landowner’s royalty from the sale of the oil […]
How to Sell Mineral Rights: What to Know Before Selling
You’ve been approached by a landman from an area oil and gas company. He’s interested in buying the mineral rights to your property and you think it’s a good idea. But, what exactly goes into the sale beyond signing the contract and welcoming the company onto your property to begin excavation and production? What Are […]
How to Negotiate Oil and Gas Lease Terms
You’ve been approached by a representative or landman from a local oil and gas producer to explore and extract mineral deposits from the land beneath your home. He’s discussing leasing options on the mineral rights to your property. But, what does that mean? And, how should you approach this opportunity? Sure, it may seem like […]
Surface Rights vs. Mineral Rights: What’s the Difference?
Whether you have interest in selling your land or have been approached by a buyer, you should always know exactly what’s included in the transaction. When you own land, there are two levels of ownership that you may possess: surface rights and mineral rights. Do you know the difference? What Are Surface Rights? When you […]
23 Best Oil & Gas Conferences to Attend in 2016
Stay knowledgeable and on top of current energy trends by mingling with key players and trendsetters in the industry. Plan to attend an oil and gas conference in your region in 2016. From helpful seminars and panels, to expos and hands-on exhibits, you’re sure to benefit. Not sure where to start? We’ve complied a list […]
Oil Prices Drop 4% As Investors Retreat From Overnight Gains
Oil prices fell more than 4 percent on Tuesday as investors took profits after Brent and U.S. crude soared more than 8 percent in the previous session. Both Brent and U.S. crude prices dropped nearly $2 a barrel shortly after trading in Brent started on Tuesday, before partly recovering later in the session. “A lot […]
