Usually
people think that dealing with oil and gas leases is very difficult, and it is
very hard for them to make good profit in that field. Well that is wrong! This
is not complex, it is very easy to understand and I will tell you about some
simple things that will make you familiar with sell oil & gas leases
First, you should know what surface
rights are. Surface rights are those rights that any owner gets when he owns a
land or if you are owner of any farm then you also own the land as well.
Now moving towards mineral rights, mineral rights mean
that you have the authority to extract, discover, explore what is beneath your
land, such as oil, gas, uranium, helium or coal etc and you can sell it.
However, usually majority of the
owners do not have enough expertise and knowledge to properly explore and sell
the minerals that exist beneath their land. Usually, owners even forget that
they have any mineral rights. The other common problem is that most owners do
not have proper crew and equipment to extract the minerals or they do not have
enough budgets to arrange all those necessary things for the extraction and they
do not have the market knowledge about selling these minerals.
After knowing all this, you will
easily understand the basic concept about sell royalties,When the landowners face such problems related to lack of
knowledge, experience, and budget, then they move towards other option. They
decide to lease their land to those companies who have enough experience,
knowledge, proper equipment, skilled staff, and budget to explore, promote, and
sell the minerals that lay beneath their land. Energy companies that do have
all these skills take the oil and gas leases and make profit and give its share
to the owners or sometimes they give the pre decided amount in advance and then
they continue to make profit. They simply negotiate and convince the landowners
if there are good economical amounts of minerals existing below their land.
Benefits in Oil and Gas Leases:
The owner
of the land with minerals gets two benefits in two different forms of
compensation
Bonus Payment:
In this,
the owner is paid per acre of the land. The typical amount is $200-$500 per acre. He will have the
bonus paid at the signing of the lease that is he will get the profit in
advance.
Royalty:
In this, the profit or benefit is in
the form of percentage of the total profit made by the selling of the minerals.
This percentage is about 18% to 25% and sometimes 12.5%..Visit http://www.uniroyalties.com
Contact Us
UNI Royalties, Ltd.
P.O. Box 1959
Parker CO 80134
Phone:(720) 663-1187
Toll Free Phone: 1-888-916-0220
Toll Free Fax: 1-888-491-8525
Local Phone: 1-720-663-1187
Local Fax: 1-720-746-2899
E-mail: sellroyalties[at]gmail.com
