Do you own mineral rights Venango County Pennsylvania? Are you curious about mineral rights value in Venango County Pennsylvania? If so, this guide will help you better understand the value of your mineral rights. It seems like every week we get a new request for information about how to value mineral rights. If you’re in the same boat, you’re not alone! Venango county PA has a lot of active oil and gas wells. Many people are receiving royalty income from these producing wells in the Marcellus.
Value of Selling Royalties in Venango County Pennsylvania
If you are considering selling oil and gas royalties in Vengango County, you need to make sure you get the best possible price. To do that, we recommend that you list your property through US Mineral Exchange. They have the largest network of mineral buyers so you will quickly get multiple offers quickly. When you get your royalties in front of a large number of buyers, they will compete against each other to give you the highest price!
If you want an estimate of how much selling royalties could be worth, you only need to know the average amount you receive each month. Take the average of your last 3 months of check stubs for the most accurate number. You can then plug that number into the first box below to see a range of value.
But wait! There’s more! Your royalties could actually be worth MORE than the calculator above is showing you. As we mentioned before, you need to get your property in front of a large audience like the one found at US Mineral Exchange. When you do this, it lets you see what the highest price the market is willing to pay is. There are some buyers who are willing to pay an even higher price for your royalties than just the amount indicated above. There could be additional drilling opportunities which means a buyer will pay a premium for your property.
Non-Producing Mineral Rights Value
The value of non-producing mineral rights is not as straight forward. If you do NOT receive a royalty check each month, you have non-producing mineral rights. The good news is that these mineral rights still have value. You could get anywhere from $250/acre to $2,500+/acre depending on where in Venango County you are located. Also, if you are currently leased, there is a good chance you will quickly find a buyer for your property.
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.
