All You Need To Know About Selling Your Oil & Gas Leases For Earning Extra Income
The present times have proven to be the most difficult for people to live. It seems like everyone either knows someone or is him/herself experiencing financial problems. Many have resorted to the olden times classic systems of barter-trade on platforms like Craigslist or others to provide extras to meet their family demands. The rest have decided to either lease rooms or sell their properties, which would have helped their children in times that are more difficult to live in. A much neglected or unknown source of income is an option to sell oil & gas leases. You can also opt for a mineral rights lease for generation of income from oil and gas firms or petroleum asset management companies. You enter in a working-interest agreement with them and you receive mineral interests. Many people make the choice to sell oil & amp; gas leases on their land as a stress-free way to generate income from their investment. Working interests are particularly of advantage to the property owner as the mineral exploration and production costs or fuel extraction costs are an expense of the company. Individuals may choose a buyer of mineral royalties or petroleum asset management firms to sell their gas and oil leases against a portion of the returns on which the firms have decided to invest.
If you have ever seen a lone pump jack on an empty land while driving down a highway near West Texas, then you have passed a land that has its mineral rights sold to oil and gas firms. Areas where oil is not to be found like in mountainous regions, there owners have an option of selling mineral rights for extraction of gold, topaz, quartz, amethyst or copper. All these are profitablecommodities that are in demand. Due to the high geological diversity all over United States, you might be at a benefit to sell oil and gas leases for work interests because the location does not matter. Some owners have earned over a million dollars in payouts for a 100acre lease for oil rights. As the demand for energy increases globally, need for energy is worth a bag full of money. Domestic landowners of the Southern United States have opted for selling their gas and oil leases in response to growing energy needs. A typical royalty is about one-eighth of the mineral’s production i.e. approximately $125,000 per $1,000,000 for each work interest is raised when you sell oil royalty or gas royalty. This is a huge amount considering you had invested little to nothing. The royalty purchaser usually handles the logistical load of processing the land, which means that specialized equipment and expert individual costs, all will be the headache of the company and not the landowners. If you are in a possession of a land then you may want to consult with a buyer of mineral rights or royalty purchasing companies. You might even conduct a personal geological survey before asking out. You never know if you do not try because you might be literally having a gold mine beneath the ground. Solution to your financial problems might be just round the corner. Uni Royalties is your reliable source to evaluate and sell oil & gas leases for maximum returns on your asset. Visit our website www.uniroyalties.com for more information.