Are you trying to figure out the value of royalties in Ritchie County West Virginia? We will help you figure out the value of royalties in Ritchie County West Virginia and help you determine how to sell your royalties as well. If you have questions after reading this blog post, just fill out our form at the bottom and we’ll help answer your questions!
Calculating Value of Ritchie County Royalties
To determine how much the value of royalties in Ritchie County West Virginia is, the only thing you need to know is how much your average monthly royalty checks are. For example, if you have received an average of $1,000 per month over the last 6 months, this is the only information you need to get a rough idea of how much your royalties are worth. Many buyers are willing to pay in the range of 4 years to 6 years of production. This means that your $1,000 per month royalty would break down as follows:
$1,000 month x 12 months = $12,000
4 years x $12,000 = $48,000
6 years x $12,000 = $72,000
As you can see, if your royalties are valued at $1,000 per month on average you will get anywhere from $48,000 to $72,000 for these royalties. More often than not the value of Ritchie county royalties of $1,000 per month will fall into this range, but there are also other factors that can affect the value of your royalties. These other factors include:
- Age of the well
- Decline Curve Analysis
- Current oil and gas pricing
- Oil Vs Gas Mix
- Additional Production Possibilities
The best way to determine the true market value of your royalties is when you go to sell your royalties.
How to sell Ritchie County West Virginia Royalties
If you want to sell your Ritchie County West Virginia Royalties, the first thing you want to ensure is that you get your royalties in front of a large number of buyers. Why is this important? When you get your royalties in front of a large number of buyers, you are giving them the chance to compete. This means buyers are competing to pay you the highest possible price for your royalties which increases the value of your Ritchie County royalties.
The best way to ensure that you get your property in front of a large number of buyers is to list it online with US Mineral Exchange. They work with thousands of buyers from all over the country who compete to pay the highest prices. In addition to getting your property in front of a large number of buyers, they also help walk you through the entire process of selling your royalties. This means you get the best possible value when selling Ritchie County West Virginia Royalties. Visit US Mineral Exchange to create your listing so you can start receiving offers for your valuable property in Ritchie County.
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.
