Minerals Guy provides tailored content and resources to oil and gas mineral and royalty owners across the country with the goal of educating and empowering owners to better understand mineral rights as an asset class and the potential value of their minerals and royalties.
Steven Hatcher is the creator of Minerals Guy. He is a professional mineral buyer, an oil and gas attorney and has spent the last decade buying and selling oil and gas properties across the country. He is an expert in oil and gas mineral rights, having worked in the private practice of law, for oil and gas operators, and for mineral and royalty acquisition companies.
We hope you’ll tune in as we pull back the curtain on oil and gas minerals and royalties.
Someone finds a way to convince oil people to just leave it there. Please. How much hotter and too late has it got to get before someone does something, for earth's sake !
@@mineralsguy ok, what is the incentive to stop using fossil fuels ? Look at the cost of SAF. JetA1 should be made more expensive. Our granddads drove cars that were lighter. Do we need 2.5 metric ton cars to drive to the grocery store 500 m away ?
@@MetalMiIIs a clever guy, Russian chemist Dmitri Mendeleïev, inventor of the classification table of the elements said in essence : "Oil is a marvel, it should be kept for material synthesis and not burned, not used a fuel."
I work night Production watch on two sister sites in North East Colorado with 16 wells for each site. My particular area produces more gas than oil using individual three phase separators directly from each Wellhead then joining into a large surge vessel for secondary separation of remaining gas, and water. It's still interesting how the two sites are 100 yards apart but produce different qualities of oil. One makes thinner almost colorless oil whole the other is thicker and the color varies from each well from light yellow, beer brown, grey, purple, and jet black. Not sure if its the same where your oil formation is geologically but here at least in my region there's iron pyrite suspended in the oil as well. The sites are 3 years old to date, and the production has declined ti the point of joining multiple wells to one separator. At the time of bringing them online they produced 700-800 barrels per well per 24 hours with 8,000-9000mcfm of gas @16 wells for two sites paid themselves off quickly. Just wish I owned mineral rights to some land to make money off of. I assume the O.P. of this video knows this just figured I'd give some reading the comments something to read if it peaks their interest.
I’ve been getting offers for about a year now and this week I have had my biggest offer yet and another voicemail from yet another company who want to buy. I feel like maybe they know something I don’t.
Hey Sheila-most folks sell because they want liquidity in a lump sum vs a payout over time. Similar to taking the cash vs the annuity when you win the lottery. Thanks for your comment! Steven
The operator has not sent the division orders after trying for almost nine months and filing all probate documents that they have required. Since the mineral rights are such a minuscule amount I suspect the operator knows we may not want to hire an attorney?
I’m sorry to hear this! What state are you located in? Most states have law that severely penalize operators for not disbursing revenue timely. For example, in Louisiana, you can demand treble (triple) damages.
My father passed away over two years ago. We have provided and filed all probate documents required by the operator with Chambers County, TX. We continue to get the run around however about our division orders. It’s been nine months now and still no division orders have been received. Why do companies do this? My aunt is still receiving income from this well but my siblings and I can’t even get the division orders signed so we can finally start receiving income as well.
That’s a very biased way of viewing it. Large swathes of the current US were of course in Spanish hands for a period of time… and Mexican and French and ultimately British, before independence. Spain was kicked off the land fairly quickly. I’m not even American either.
The term fossil fuel was used by Rockefeller. He figured out if he used a term that would make people believe the oil would eventually run out. It would make it more profitable and people would pay more. This is exactly what you’re doing. Keep people scared so they don’t mind when gas gets to five dollars a gallon.
So we’re pumping out millions of barrels of oil every day. We’ve been doing it since oil was discovered. In the 70s they said we would run out. Production hasn’t even declined. We keep discovering more oil deposits every year. This is playing on peoples fears. I honestly don’t know why you bothered this video. Other than fooling the gullible, there’s no point to it.
