If you have landed on this page, it is likely that you are considering assessing the value of your mineral rights and exploring monetizing your asset. If you are a little overwhelmed by all the steps and processes, we have good news! Retama Mineral’s process is straightforward, streamlined, and transparent.  

How to Get Started  

The first step to getting your mineral rights value assessed is to reach out to us. Retama’s entire process usually takes around 40-45 days but could take as little as a week if necessary.  

The Process 

1. Assessment: An initial assessment will be requested so that we can better understand the specifics of your mineral rights. The more information you can provide the better, including the location of your minerals, the legal description, number of acres, and a record of the most recent revenue checks. Retama Minerals employs specialized engineers and geologists to accurately determine value.  
2. Initial Offer: Retama makes an offer based on our property assessment. This process usually takes 3-4 days. 
3. Agreement: Once the terms of the contract are agreed upon, you will be sent paperwork in the form of a Purchase Sale Agreement (PSA). This step usually takes 1-2 days. 
4. Due Diligence: Once the PSA is executed we will perform due diligence on your property and the legal aspects of the contract. This allows us to thoroughly review the property’s title and fix any title issues that need to be cured. This step can take up to 30 days. 
5. 5. Payment: Retama will pay you based on the terms of your contract. 

Factors Impacting the Value of Mineral Rights 

There are several factors that have an impact on the assessment portion of the process. These include:  

• How much oil and gas is present. Simply the estimated number of hydrocarbons within the property boundaries, as determined by engineers and geologists.  

• The hydrocarbon type: The presence and volume of distinct types of hydrocarbons, i.e., whether they are liquid, oil, or gas. 

• The percentage of recoverable vs. non-recoverable hydrocarbons: Some places have vast amounts of oil and gas, but they are not currently recoverable because of either technology or current market prices.  

• Current hydrocarbon prices: When oil and gas prices drop so do mineral rights values.  

• Timing: the timeline for when it is realistic that the hydrocarbons can be extracted. Affected by market prices, operators, and the amount of oil and gas present. 

• The well operator: Not all well operations are equal. Some are more efficient and profitable than others. Some have more rigs to drill wells than others. Some like certain areas better than others. 

Potential Roadblocks in the Process of Selling Mineral Rights 

Given the complexities and technicalities involved in mineral rights ownership, assessment, sale, and royalties, landowners might encounter roadblocks that could delay or make the process cumbersome. Our team of experts are willing to work through any potential roadblocks in the process of selling. 

These might include:  

1. Title issues: Landowners might have to deal with title issues that must be fixed to proceed with the purchase or agreement. Title issues could be in the form of complex ownership structures involving multiple stakeholders or due to incomplete or outdated records. Any title-related issues are called defects. The process of fixing these issues (known as curative) involves contacting the county clerk’s offices, state agencies, and title companies and researching and gathering reliable information and evidence. Learn more about how you can find your mineral rights records here.
2. Sentimental value: Many owners are emotionally attached to their mineral rights because of the connection it may provide to previous generations. They may also desire to hand these mineral rights down to future generations. We understand that it is natural for owners to have an emotional connection to these assets, especially when it impacts other family members. At Retama, our team is trained to be sensitive to these aspects of assessing mineral rights value and will objectively explain the financial and non-financial implications of your decisions. If you are looking to make an informed decision, read our blog for more on the benefits of selling mineral rights. 

The Retama Advantage  

With years of experience in the industry, Retama has established some key differences from other mineral rights management companies. Our team of experienced professionals is trained to work with our clients in a collaborative and transparent fashion, yielding exceptional results. We are happy to work with sellers from varying backgrounds including investment banks, trust companies, churches, non-profits, individuals, and families. We understand the different requirements and needs of our clients and are happy to offer a personalized approach. 

Assessing and selling your mineral rights on your own is a complex process that involves studying the market and its short- and long-term prospects, understanding legal requirements, and compiling GIS Map data, among other things. By choosing Retama Minerals, you gain access to our team of experts who have in-depth market knowledge and understand the legal and technical aspects of assessing and selling mineral rights value. 

Finally, many of our employees live in the area where they work and are active members of local communities. We use the services of local contractors to help facilitate purchases. We invest in our communities by sponsoring local organizations and donating to genuine charities that make a difference.  

If you are interested in getting the mineral rights value of your land assessed, you can call Retama Minerals at (405) 306 4289. If you’d prefer a representative from Retama Minerals to contact you, you can fill out a form here.