Sell Your Oil & Gas Royalties

Royalties Are Not the Same as Minerals

A royalty interest is the right to a share of production revenue — no right to lease, no bonus payments, just the checks. Many owners hold a royalty without realizing it's narrower than full mineral ownership, and the difference affects both value and paperwork. If you're not sure which you have, start with our guide to royalty vs. mineral interests, or send us a check stub and we'll tell you.

We buy all of it: standard royalty interests, non-participating royalty interests (NPRIs), overriding royalties (ORRIs), and full mineral interests — producing or not.

Why Royalty Owners Sell

Royalty income looks passive until you own it. The checks shrink as wells decline — that's physics, not mismanagement (here's why your check keeps shrinking). Operators take post-production deductions that eat into the gross. Every check is ordinary taxable income, year after year. And when a well finally waters out, the income simply stops (what happens when the well depletes).

Selling trades that declining, unpredictable stream for a lump sum today — taxed once, usually as capital gain rather than ordinary income. We laid out the arithmetic in monthly checks vs. lump sums. For some owners the stream is still the better deal; for many, especially with small or shrinking checks, the lump sum is.

How Royalty Interests Are Priced

Producing royalties are valued off the income they generate. Buyers look at your recent check history, fit a decline curve to your specific wells, factor in the operator's drilling schedule and commodity prices, and discount that future income to a present value. Published market ranges are commonly quoted as a multiple of monthly income — but the honest answer is that the right multiple depends on how fast your wells are declining and what's being drilled around you.

Two things owners consistently underestimate: undrilled upside near active rigs (which raises value above a simple income multiple), and steep first-year declines on new wells (which lower it). We explain the number behind every offer — the full method is in how mineral rights and royalties are valued.

You Don't Have to Sell All of It

Partial sales are common and often smart: sell half the royalty for a lump sum, keep half for ongoing income and upside. We structure deals around what your family needs — all, half, or a specific tract. More in the all-or-nothing myth.

What We Need From You

Two or three recent check stubs are ideal — they carry your decimal, the operator, the wells, and the property description (how to read your check stub). A division order or deed works too. If your checks stopped and you're not sure why, that's worth investigating before you assume the value is gone — sometimes it's a suspense issue, not a dead well (why checks stop when the well didn't).