If you want to determine the value of royalties in Doddridge county West Virginia, you’re in the right spot! We’ll help you understand the value of your royalties and feel more comfortable if you decide you want to sell your royalties.
How to Value Royalties
If you decide you want to sell your royalties, the first thing you want to figure out is how much your royalties are worth. To figure out the value of royalties, you only need to know much you’ve been receiving each month for your royalties. Once you know this information, you can quickly figure out a rough idea of how much your royalties are worth. Most royalties sell between 4 to 6 years their current monthly value. Here’s an example:
If you were receiving $1,000 per month (on average), you would take $1,000 x 12 months = $12,000 per year. Since you are likely to get between 4 to 6 years of production, your estimated selling price is $48,000 to $72,000. The reason there is a large range in the value is because there are a number of additional factors that can affect the value of royalties in Doddridge County West Virginia.
The best way to get the highest price if you decide to sell your royalties is to list them at US Mineral Exchange. Their expert team will guide you through the process and ensure you get top dollar for your royalties. The reason we refer royalty owners to US Mineral Exchange is that they will put your property in front of thousands of qualified buyers who compete to pay you the highest price. If you’re considering selling royalties in Doddridge County West Virginia, we highly recommend US Mineral Exchange.
How to Value Mineral Rights
If you have mineral rights in Doddridge County West Virginia, you may not have any royalties yet. This doesn’t mean that your mineral rights don’t have value, it just means there has not been any oil and gas production to pay royalties on. If you own mineral rights in doddridge county you have a couple options available:
Leasing Mineral Rights
We recommend that in most situations you should attempt to lease mineral rights in Doddridge County West Virginia. The reason is that by leasing mineral rights, you are able to collect royalties if oil and gas is produced from your acreage. This can mean a significant amount of cash in the future for you. If you have mineral rights you need to lease, we recommend working with US Mineral Exchange as they can help you through the process of leasing your mineral rights.
Selling Mineral Rights
For most people, we recommend holding onto your mineral rights and not selling them. The reason is that your mineral rights could be more valuable when there is oil and gas production. The royalties from the oil and gas production can be significant and selling means you are giving up the right to that future income. However, if you’ve decided to sell mineral rights in Doddridge County West Virginia, we recommend working with the team at US Mineral Exchange. They can help you work through the decision to sell your mineral rights and help you get the highest value possible.
If you have further questions about the value of royalties in doddridge County West Virginia, leasing mineral rights or selling mineral rights, please use the contact form below to get in touch with us. We would be happy to discuss your situation and help you figure out the right decision for you:
Free Consultation
If you own mineral rights and have questions, fill out the free consultation form below. We can help you with the following questions:
- Mineral Rights Value
- Evaluate whether you have a fair offer to sell mineral rights
- Answer questions about selling mineral rights
- Understanding Market Value of Mineral Rights
- + Any other questions related to mineral rights!
No matter what question you have regarding your mineral rights, we can help! We usually respond to your inquiry within 1 to 2 hours!
Whether you want to sell mineral rights, determine mineral rights value, or simply have some basic questions regarding your mineral rights ownership, fill out the form and we will quickly be in touch.
