The Permian Basin counties in Texas and New Mexico are a massive part of our nation’s oil production. In fact, 8 of the top 10 oil producing counties are in the Permian Basin. If you are looking to sell mineral rights in the Permian Basin you know you have something of value.
Are you looking to sell mineral rights in the Permian Basin? If so, you’re probably wondering what’s the best way to do that. There are options for selling oil and gas royalties in the Permian Basin, but there are only a handful of good options.
You may have already found a few mineral buyer websites. All of them offer you a quick quote for your minerals. Top Dollar and Quick Closes! So why not take the seemingly simple route and get it done? Well, doing that could cost you a lot of money, dollars you could never get back.
If you own oil and gas producing mineral rights and royalties in the following counties, it is critical to make sure you choose how to sell them wisely:
- Lea County, NM
- Midland County, Texas
- Martin County, Texas
- Reeves County, Texas
- Loving County, Texas
- Eddy County, NM
- Upton County, Texas
- Ward County, Texas
- Glasscock County, Texas
- Andrews County, Texas
- Pecos County, Texas
- Winkler County, Texas
Help Selling Mineral Right in the Permian Basin
At Texas Mineral Group we’re here to help you get the best value for your minerals. We’ll help you easily navigate the stormy waters and get what you deserve.
First, you want to make sure you are getting fair market value. That amounts to the highest price a buyer is willing to pay today. But which buyer? How do you know the buyer making you an offer is the highest offer? The key is to get your minerals in front of as many potential buyers as possible. You need to get them in front of thousands of them!
This is the main reason you want to avoid websites offering a quick bid. They’re usually only representing themselves or a small group of buyers. They have no incentive to offer you anywhere near the best price. Depending on what you own, this could cost you thousands or tens of thousands!
We’ve seen this happen to too many good people.
How to Get Your Minerals in Front of a Large Buying Audience
You want to find a mineral and royalty broker who doesn’t buy minerals themselves. Or one who only represents a small group of buyers. In addition, you are looking for a broker who has a longstanding reputable company. A quick review of many companies and you can quickly see who truly has been around for as long as they claim to be. In addition, do they have a strong industry reputation and do their customers provide them strong customer reviews (Google Reviews)?
Trusting selling decisions to someone that is not reputable is like letting the fox guard the henhouse. You can lose all your chickens and your supply of eggs very quickly.
For exposing your minerals to a large market of buyers, we recommend US Mineral Exchange. What makes them the best choice for maximizing your Permian Basin minerals?
If you want maximum exposure to thousands of royalty buyers, list your property with US Mineral Exchange. They will get your property in front of thousands of qualified buyers who will compete to give you the fair market value of your mineral rights. Be sure and check out their Google Reviews!
Navigating the Process
Once the selling decision is made, a reputable broker can make sure you get what you signed up for. The closing process can be pretty confusing if you don’t do this all the time.
Buyers will give you a purchase and sale agreement dictating the closing terms. This will outline the terms of your sale and control any adjustments that can be made during the closing process. Without a reputable broker protecting their best interests, many buyers are shocked at closing.
For example, should the buyer stipulate a specific price per net royalty acre vs net mineral acre price—do you know what that means? What about how long you are committed to warrant the sale? There are other technical terms that can be very confusing when you’re just trying to sell your minerals. A good mineral rights broker will help you understand the legal documents in the process.
Are you looking to sell mineral and royalty rights in the Permian Basin? US Mineral Exchange is your best choice.
Maximum Value of Mineral Rights
As a mineral owner it’s important for you to get the maximum value. In the Permian Basin, selling your mineral rights to the first buyer who contacts you or a broker who really is not who they say they are can leave you with a very bad result.
You are here because you are wanting to the right thing. You are researching your interests and deciding how best to sell your mineral rights in Texas and New Mexico but it can be overwhelming. Getting the highest price is hard enough, but what then? Contracts, paperwork, closing and then getting paid what you agreed to sell for? Those are just as critical. The value of your mineral and royalty rights in the Permian is determined by every aspect of the deal you negotiate. With so much riding on how well you do that, it makes sense to seek the help of an industry expert.
It’s for this reason that we recommend you sell mineral rights at US Mineral Exchange.
Additional Questions? Please contact us below!
