How to Sell Mineral Rights

Selling a Permian mineral or royalty interest is a documented process, not a signature on a mailer. Here is how a package actually moves from first call to a closed deed.

Owners who have sold minerals before know the process is mostly about paperwork and patience, not negotiation theater. Owners selling for the first time usually assume it works like a home sale, with showings and counteroffers. It does not. This is what actually happens, step by step, whether the acreage sits in the Midland Basin or the Delaware Basin.

Step one: tell us what you have

We start with a short conversation: which county the acreage sits in, roughly what side of the basin, whether it is currently producing, and whether you have a deed, division order, or recent royalty statement handy. You do not need every document ready to start this conversation, but the more specific you can be about location and production status, the faster we can give a useful, hedged preliminary range rather than a generic county average.

If you are not sure what you own, that is common. Heirs frequently inherit an interest with no clear paper trail, and part of the early conversation is figuring out what documentation exists and where to find it.

Step two: records review

For producing interests, we pull Railroad Commission of Texas production records for the relevant lease or unit to build a decline curve and check operator activity nearby. For undeveloped acreage, we look at offset permitting and spacing unit filings to gauge how likely near-term drilling is. This step happens on our end and does not require anything further from you beyond the county and general location.

This is also where we flag if something looks off, like a paying decimal on a recent statement that does not appear to match what a deed would typically support, which is worth raising before an offer gets built, not after.

Step three: the offer, with the reasoning attached

A real offer names the comparable activity and decline modeling behind it, and it is netted against your actual decimal interest once we have your deed or division order in hand. This is different from a phone-quoted flat number, and it is why offers can take a few business days to put together properly rather than arriving instantly. If your acreage sits somewhere we are not well positioned to price confidently, or where nearby activity does not support a compelling number right now, we say that directly instead of stringing along a review that will not land.

Step four: title and closing

Once terms are accepted, we run a chain-of-title check at the county clerk's office to confirm clean ownership, no unresolved liens, and no probate gap standing between you and a closing. Where there is an open estate or a missing heir, this step can take longer than the pricing conversation itself, and we walk you through what is needed to clear it. Deed and closing documents follow, and you are welcome to have your own attorney review them before signing. Funds move at closing, and there is no broker commission taken out of your proceeds since we buy directly.

What slows a Permian sale down most often

Almost never pricing disagreement. Almost always title: an estate that was never formally probated, an heir who cannot be located, or a deed with a legal description that does not cleanly match county records. Gathering whatever documents exist early, even incomplete ones, is the single biggest thing an owner can do to keep a sale moving at a normal pace.

Selling a fractional interest split among heirs

When several heirs each hold a fraction of the same mineral interest, the process runs the same steps, but each owner's decimal has to be confirmed individually before closing. Heirs do not need to sell together or agree on timing. One sibling can move forward with a sale while others hold, lease, or sell later on their own schedule, and we treat each fractional owner's decision independently rather than requiring unanimous participation before any single sale can close.