Do you have oil and gas royalty income from Wood County West Virginia? If so, this post will help you figure out how much your royalties could be worth. To figure out the value of royalties in Wood County West Virginia, you will need to know how much you receive each month on average. Nearly all buyers will look at your monthly income as the primary indicator of how much they are willing to pay. While there a number of other factors that affect royalty value, the monthly amount is the most important. To calculate a value of royalties in Wood County West Virginia, use the calculator below and enter your average monthly royalty check:
The range of value you could receive for your royalties is anywhere from 4 years to 6 years worth of production. Some buyers will pay below this and some will pay above, so it’s important to find a buyer who is willing to pay you the highest price. If you decide to sell your royalties, the best way to find a buyer who will pay you the highest price is by getting your royalties in front of as many buyers as possible. When more buyers know that your royalties are for sale, they can compete to pay you the highest price which drives the price up.
How to Sell Royalties
Once you know the value of royalties in Wood County West Virginia, you may be interested in selling. If so, we encourage you to list your property with US Mineral Exchange. The reason we recommend their services is that they allow you to connect with thousands of buyers from all over the United States. Those buyers will then compete to pay you the highest possible price for your wood county royalties.
Another reason we tell royalty owners to list with US Mineral Exchange is because their team will help guide you through the entire process. Many buyers will offer you the lease amount possible but US Mineral Exchange will work with you to evaluate all the offers that come in and pick the one that meets your needs.
Factors that affect value of royalties in Wood County West Virginia
There are a number of factors that can affect the value of royalties in Wood County West Virginia. Some of these factors include the following:
- Decline Curve
- Well life cycle
- Acreage included
- Property Location
- Oil & Gas Prices
There are many other factors that play into how much an investor is willing to spend for your royalties. Check out our royalties value post for additional information.
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.
