Mineral Interest Types
Royalty, mineral, overriding and working interests carry different rights and costs. Name the interest actually recorded before any range is discussed.
Mineral Rights
Mineral rights value depends on production, county, and formation more than any single rule of thumb. Here's the full breakdown of what actually sets the price.
Royalty Interests
Royalty interests pay production income with no drilling cost exposure. Here's how they're priced off actual statements and what changes the range.
Non-Participating Royalty (NPRI)
An NPRI pays royalty income but carries no leasing control. Learn how that trade-off affects value and why it's typically priced below a full mineral interest.
Overriding Royalty Interests (ORRI)
An ORRI is carved out of a lease and expires when it does. Learn what makes overriding royalty interests distinct, how the lease term affects value, and what drives the range.
Surface vs. Mineral Estate
Owning the land isn't the same as owning what's beneath it. Learn how surface and mineral estates split, why one doesn't guarantee the other's value, and how each gets priced.
Working Interests
A working interest pays more per unit produced but carries real drilling and operating cost exposure. Here's how that shapes value, priced net of expenses.