Selling mineral rights can feel complicated and time-consuming when you are not familiar with the process or terminology. Where do you start? What steps do you need to take, or who should be involved in the process?
Overland Minerals and Roylaties is here to help. We have a team of mineral rights buyers who understand the ins and outs of selling mineral rights in the United States and are committed to helping our clients make their transactions as smooth as possible – in the fastest way possible.
We are oil and gas royalty buyers here to help you get the top dollar you deserve!
We understand that you want to sell your mineral rights as easily and quickly as possible. But also make sure that you’re getting the best deal.
We are mineral rights buyers that have been in business for over 10 years and have helped all kinds of people in different situations sell oil and gas royalties all over the United States. We have a special focus on North Dakota, Colorado, Wyoming, Texas, and Oklahoma, but are active purchasers in all parts of the U.S.A.
At Overland Minerals and Royalties, we pride ourselves on being oil and gas royalty buyers who provide a personalized helping hand to landowners who want to sell their mineral interests. From the evaluation and pricing to delivering funds to the bank for a quick close. Overland is committed to providing top-notch service from start to finish.
How to get started? All it takes is a call.
When you’re selling mineral rights, it’s hard to know where to start, what steps you need to take, or who should be involved in the process, and many companies that buy mineral rights have processes that can be complicated and time-consuming.
Overland makes it easy for anyone to sell their mineral rights. All you have to do is reach out by filling out a contact form for a free, confidential, obligation-free evaluation today. If you don’t know exactly what you own, don’t worry – we can help you figure that out, and we will work hand-in-hand with you every step of the way.
The 6 Easy Steps of Selling Minerals with Overland
We have a long history of working with mineral owners just like you, and our step-by-step process couldn’t be simpler.
Simply call us, email us, or fill out a contact form. We will discuss your interests and purchasing options, as well as answer any questions you may have.
Submit documentation for evaluation
Submit your royalty owner statements and any other supporting documentation for us to review.
Free evaluation of your mineral rights
There are many factors that go into the valuation of your mineral rights. We will use the information you provide and any public records to determine the value of your mineral interest today.
Receive and review
We will send you a purchase agreement and mineral deed to review and discuss any further questions you may have.
Accept the proposal and set a closing date
If you are happy with the offer, simply accept by signing and returning the purchase agreement. We will order the final title and schedule the closing date.
Sign and close
Finally, simply sign and notarize the mineral deed and mail the original back. Most closings are done by electronic bank transfer, but a check can be mailed if preferred.
FAQ’s About Buying and Selling Oil & Gas Mineral Rights
Here are the most common question about mineral rights. See our FAQ page for more questions and anwers.
What are mineral rights?
Ownership of mineral rights (or “mineral interests”) is an interest in real property. It is the right of the property owner to exploit, mine, and/or produce any or all of the minerals lying below the surface of the property. These are often leased from the mineral owner by an oil or gas company to potentially drill for oil or gas. If oil or gas is found, the payment the mineral owner receives is a “royalty.”
What are royalties?
The payment made to a mineral owner for their interest in oil, gas, or other items of value mined from their mineral interests.
How do I know whom to trust to buy my mineral rights?
Overland Minerals and Royalties has a stellar reputation with landowners all over the country. Please visit our Testimonials page or call us to find out more. As oil and gas royalty buyers ourselves, we have conducted hundreds of transactions via email, fax, and mail without ever meeting face to face.
How much will it cost me to sell my mineral rights?
Nothing. There is no cost to you to sell your mineral rights. In rare situations, legal work may be required. Unlike many other oil and gas royalty companies, Overland Minerals & Royalties will be transparent and may assist with the associated legal work needed.
How do you make money when you buy my mineral rights?
We are long-term investors who accept the many risks for many years to see a positive return on the purchase. What’s important in the short term is that you feel comfortable that you’re getting a fair deal from a trusted buyer. If you have questions about the oil and gas royalty evaluation, ask!
Will I have to pay taxes on the sale of my mineral rights?
Yes, you will have to pay federal and, in some cases, state taxes. However, these are generally capital gains taxes, so they are taxed at a lower rate. Please consult your tax accountant for more detailed information.
I don’t know what I own or where to start. What should I do?
Give us a call; we’ll help you figure it out. Of course, there is no obligation to sell your mineral rights, so feel free to utilize our expertise to assist with your situation.
What is an oil and gas lease?
In simplest terms, leasing your minerals gives permission to the leasing company to look for, and potentially extract and sell the oil and gas. The lease will have terms and a royalty rate. The lease rate, or royalty rate, is your share of the oil and gas, if and when they are extracted, processed, and sold. Leases can expire, and alternatively, leases from years ago may still be valid. Leases are legal documents, so each one requires a signature.
Do I have to sell all my minerals?
No. You do not have to sell all your minerals. If you decide to sell, you can sell all of your interests or portions, which can be determined by percentages or acres.
What mineral rights does Overland Minerals & Royalties buy?
We are oil and gas royalty buyers.