For landowners who own mineral rights (mineral property), consideration of the value of minerals is generally an afterthought, particularly if there is no current mineral income. For those fortunate enough to live in an area of valuable mineral deposits, they have learned that mineral income can exceed the income from the surface if it is managed as a business enterprise.
Farm owners and mineral owners recieve offers to sell rather than lease their mineral rights. These offers come in areas where oil and gas development is also beginning to occur. There are many things to consider for both the short term and long term when evaluating why to sell mineral rights and the offer of mineral rights. In this blog you will learn should farm owners sell mineral rights?
