A real number, with the arithmetic shown, usually within one business day. No fee, no listing, no deadline. If we think you should keep them, or lease them instead, we will tell you that.
Berlin Royalties is the trade name of Berlin Resources LLC. We buy minerals for our own account, take title in the county records, and have been doing it out of Tulsa since 2014. Send a deed, a check stub, or just a county and a family name, and we will tell you what you own and what it is worth before anyone asks you to decide anything.
Mineral rights are not one thing. They are a bundle, and it is worth knowing which parts you are handing over:
A normal mineral sale conveys all of it. Some deeds carve it up, which is where non-participating royalty interests and depth severances come from. If your family has been in the same section for three generations, assume something has been carved and check before you sell.
Not the size of the farm. Your net mineral acres are the gross acres in the tract multiplied by your undivided fractional interest in the minerals. Own a quarter of the minerals under 160 acres and you have 40 net mineral acres, no matter how the surface is fenced.
This is where owners are most often wrong about themselves, usually high, because a family remembers the farm rather than the fraction. Our calculators will work it out, or send us the deed and we will.
If the tract is leased and producing, your decimal is on the check stub, and it already accounts for your acreage, the unit size and the lease royalty rate. It is the single most useful number you can send a buyer. The statement decoder shows where to find it.
There is no per acre figure that is true everywhere, and anyone quoting you one without asking questions is quoting a formula. Value is set by which of three situations you are in:
| Situation | How it is priced | What moves the number |
|---|---|---|
| Producing | Multiple of monthly royalty income | Decline rate of your specific wells, price deck, and undrilled locations |
| Leased, not yet drilled | Per net mineral acre, discounted for timing | Lease terms, time left on the primary term, whether the operator is actually working toward you |
| Unleased | Per net mineral acre, on probability | Nearby permits and rigs, analog well results, title, and how long a buyer expects to wait |
On a producing interest the multiple is a payback period in disguise. A 48 month multiple means the buyer expects their money back in four years and to own the stream forever after. Whether that is fair depends on the three assumptions in that table, and you are entitled to ask for all three. See how much mineral rights are worth and the offer checker.
The most valuable paragraph on this page, and the one a purchase offer will never contain.
If your minerals are unleased and sit somewhere active, somebody may pay you a bonus to lease them while you keep the minerals and any future royalty. That is money now without giving up the asset. It is not always available and it is not always better, but it should be a considered decision rather than an option nobody mentioned. See leasing your minerals and the free lease offer check.
Title is the part that takes time, and it is the part that protects both sides. Anyone promising to close a mineral sale in 48 hours is skipping it.
With a direct buyer, nothing. We pay title, deed preparation, recording and closing. There is no commission because nobody is being paid out of your proceeds. A broker takes a commission and a marketplace takes a listing fee, a commission, or both, and those can still be worth it on a large clean interest where competition raises the price by more than the cost. The honest comparison is at broker or direct and compare your selling options.
Selling a fraction and retaining the remainder is an ordinary transaction, not a favor. It is frequently the right answer when you need a particular amount of money and have no view on where prices go, because it takes the timing question off the table. If a buyer will only take all of it, that is a fact about that buyer.
A sale is generally a capital gain rather than ordinary income, and if you inherited the minerals your basis is usually stepped up to date-of-death value, which can reduce the gain substantially. Use a CPA, and expect your buyer to give them whatever figures they need. See taxes when you sell and 1031 exchanges.
The full version is when not to sell, on our own site, arguing against our own interest, deliberately.
Where we buy, what is being drilled, and what each state's law gives you.
What you own, what your net mineral acres actually are, what it is worth and how we got there, and whether we think you should sell at all. Free, no obligation, and if another offer beats ours we will tell you.
Get a Free Valuation Ask a LandmanBerlin Royalties is the trade name of Berlin Resources LLC, a mineral buyer and a landman shop in Tulsa, not a law firm or a tax advisor. We are a potential counterparty to any sale you make, which is exactly why we would rather you checked our arithmetic than took our word for it.