Learning the trade of leases of oil and gas royalty
Nowadays, almost everyone seems to be in a need of money. With the growing number of expenses, it is getting difficult for people to provide for their families. Some people have adopted the famous barter-trade route of craigslist to meet the needs of their families. Others have chosen to lease their rooms and property to earn some extra cash out of it. Many people do not know that they can make a profit from deep-pocketed petroleum and mining companies with whom you can strike a beneficial deal on the basis of “working interest” agreement. As an easy way to generate an income, many people have opted to trade oil and gas leases on their property as it’s an easy way to earn off the land they have already invested in. The
companies invest in the exploration cost and mineral production or petroleum extraction, the individual is saved from this burden. Working interests are beneficial for the owner of the property; they are only concerned with the portion of the proceeds of the land on which the exploration companies have agreed to invest in. In areas where oil is not common to be found especially in mountainous areas, there is an option to sell mineral rights to extract other minerals such as copper, gold, quartz, topaz or amethyst. These are lucrative commodities and they are high in demand. In areas like West Texas one commonly sees a lone pump jack; this indicates that the land owner has leased his land to an oil and gas company. As in the Unites states of America, there is a geological diversity, one can easily trade oil and gas leases off their land no matter what land one posses. As the demand of energy production has increased globally, land owners especially in the southern states of America opt to sell oil and gas leases off their lands. The expected royalty is one-eighth of the production that implies that it is $125000 per $100000 per working interest is generated for oil
and gas royalty. Provided that there
is a very little or no upfront investment, the profit is quite huge. Conveniently, the company, which has signed the agreement, is responsible for logistical burden of processing sites. Logistical burden would require specialized expensive equipment and expertise which the landowner usually does not possess. If you have a land in possession, you may want to contact a mineral or oil gas exploration service near you. You may want to contact a professional to carry out a geological survey on your land. Your financial security may be just around the corner and you have been sitting on a gold mine all this time. UniRoyalities Ltd. is the best source available if you want to evaluate your oil and gas lease in order to maximize your asset withdrawal. It specialized in a rapid evaluation and processing of your oil and gas investment lease and provides a complete solution on the behalf of the investor.
For more information visit website: www.unroyalties.com