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What is a Landman?

  When it comes to selling mineral rights, one person you will likely be dealing with is a landman. A landman/landwork is defined by the American Association of Professional Landmen (“AAPL”) the following way:
  • “Landwork” shall mean the actual performance or supervision of any one or more of the following functions: A. Negotiating for the acquisition or divestiture of mineral rights. B. Negotiating business agreements that provide for the exploration for and/or development of minerals.Read More

    What are My Oil and Gas Mineral Rights Worth?

      Upon the consideration of selling your oil and gas mineral rights, the first question asked is usually, “What are my mineral rights worth?” Fortunately, in this day and age, good information is available to assist in the difficult task of determining the value of your mineral rights. In a very basic scenario where a mineral owner is receiving monthly royalty income from producing wells, they may be able to receive anywhere from 36 to 72 times their average monthly income over a six-month period. However, an estimate of what your mineral rights are worth contains so many variables that a person must consider the following factors in order to evaluate an offer to purchase your mineral interest:
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