Question 1

How do you determine the value of my mineral rights?

Accepted Answer

We evaluate mineral rights based on several factors including current production data, lease terms, commodity prices, geological surveys, and comparable sales in the area. Our team analyzes drilling permits, well production histories, and future development potential to provide you with a fair market value offer.

Question 2

How long does the selling process take?

Accepted Answer

The typical transaction takes 7-14 days from accepting our offer to receiving payment. After you provide your documentation, we conduct title verification, prepare the deed, and schedule closing. We handle all paperwork and legal requirements to ensure a smooth, hassle-free process.

Question 3

Will I still receive royalty payments after selling?

Accepted Answer

When you sell your mineral rights to us, you transfer all future royalty payments associated with those rights. This means you'll receive a lump sum payment upfront instead of ongoing monthly royalties. Many owners prefer this option for immediate liquidity and to eliminate payment uncertainties.

Question 4

What documents do I need to sell my mineral rights?

Accepted Answer

You'll need proof of ownership such as a deed, will, or probate documents showing you inherited the rights. Recent royalty statements, division orders, and lease agreements are helpful but not always required. Our team will guide you through gathering any necessary documentation.

Question 5

Do you purchase non-producing mineral rights?

Accepted Answer

Yes, we purchase both producing and non-producing mineral rights. Non-producing rights may have significant value based on geological data, nearby drilling activity, and future development potential. We evaluate each property individually to determine its worth.

Question 6

Are there any fees or closing costs?

Accepted Answer

No, there are absolutely no fees or closing costs when you sell to Elkhorn Minerals. We cover all expenses including title research, legal fees, and recording costs. The offer we make is the exact amount you'll receive at closing.

Question 7

Can I sell a portion of my mineral rights?

Accepted Answer

Yes, you can sell all or just a portion of your mineral rights. Some owners choose to sell a percentage to meet immediate financial needs while retaining some rights for potential future income. We're flexible and can structure a deal that works for your situation.

Question 8

What areas do you purchase mineral rights in?

Accepted Answer

We primarily focus on West Virginia, Ohio, and Pennsylvania, particularly in areas with Marcellus and Utica Shale development. We're especially active in counties with established oil and gas production and have extensive knowledge of local market values.

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Common Questions About Selling Mineral Rights