Eight chapters, plain English: what you own, what the letters in your mailbox mean, how valuation math really works, and ten questions that make any buyer squirm.
Mineral interests, royalties, and decimals explained. The four letters every owner eventually gets. Forced pooling without the panic. The real valuation math buyers use, producing and non-producing. How to read a royalty statement. The heir's playbook, including the stepped-up basis. When not to sell, written by a buyer. And the ten-question checklist to use on everyone, including us.
Written by Stephen Clayman, career landman and publisher of The Oil Scout since 2015. Useful whether you ever sell or not; that's the point.