The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

In this episode we show you how to find oil & gas info using the Wyoming Oil & Gas Conservation Commission website.  As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a given month, and more. Th...

The Osage Nation forces a company to remove wind farm in Oklahoma, Saudi Aramco CEO keeps it real at CERAWeek, NM looks to raise royalty rates in the Permian. And the Rig Count! Tribal sovereignty trumps wind in Oklahoma - POLITICO Big Oil Sets the Agenda on CERAWeek's Opening Day - Bloomberg New Mexico halts some oil-field lease sales in standoff over royalty rates in Permian Basin | AP News Rig...

In this episode we show you how to find oil & gas info using the North Dakota Department of Mineral Resources - Oil & Gas Division website.  As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced in a g...

The interpretation and application of the regulatory takings principle have evolved over time, but the fundamental principle remains: the government cannot take private property (including mineral rights) for public use without providing just compensation to the owner.  In this episode, we talk abut cases where mineral owner's property rights were taken by govenment regulation and what protections...

How have oil & gas production been affected by the Texas wildfires? Colorado legislators propose phase out of new oil & gas wells by 2030, and is underground hydrogen the next big thing?  And the Rig Count! Has Oil and Gas Production Been Affected by the Texas Wildfires? | Rigzone Colorado is set to consider a 'fossil fuel phase-out.' Here's why that's a big deal . Underground hydrogen deposits sp...

In this episode we answer listener questions submitted by Dave, Bill, Monica, Mary, Katie, Kelly, and David.  We cover a lot of ground including:  surface use agreements, helium, leasing, dormant mineral rights, how to read a legal description, orphan wells, prior period adjustments vs. recoupment, how to calculate your net acreage and decimal interest in a well, and more! For links to the resourc...

In preparation for tax season, this episode provides an update on the taxation of minerals and royalties for the 2023 tax year. It covers key considerations that mineral and royalty owners should be aware of when it comes to their tax obligations and key tax credits and deductions that all mineral and royalty owners should know about. Download my free tax guide for links to my top resources around...

In this episode we talk about how to find oil & gas info using the Utah Department of Natural Resources Division of Oil, Gas and Mining (UDOGM) website.  As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was pr...

We discuss how Biden's pausing of new LNG permits could hurt gas prices, how lithium prices have fallen, controversy around new New Mexico oil and gas rules, Colorado regulators propose rules that consider the "cumulative impact" of oil and gas operations, plus the latest rig count!   Biden stalls natural gas exports that activists call 'climate bombs' - The Washington Post Why Lithium Prices Cras...

In this episode we show you how to find oil & gas data using the New Mexico OCD website (with a tip on how to view horizontal wells in a free tool that is available).  As before, we walk step-by-step how to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oi...

In this episode, we show you how to navigate the Colorado Energy and Carbon Management Commission website (formerly the Colorado Oil & Gas Conservation Commission) to locate your mineral or royalty interests to see if you should be getting paid on a well.  We also show you how to access the official oil & gas production data reported to the state to use in checking your royalty statements. Be sure...

We talk about the New York Stock Exchange's proposal to list Natural Asset Companies (NAC's) and what it could mean for mineral owners, the forecast for additional oil company mergers in 2024, ExxonMobil's big plans for lithium exploration in Arkansas, plus the latest rig count! SEC delays decision on natural asset companies | Livestock | capitalpress.com Mergers and acquisitions in top EY's list...

Did you know that an overriding royalty interest (ORRI) or Non-Operated Working Interest can be terminated to wipe the slate clean so the operator can re-lease the same acreage without these burdens on the new lease?  This situation is called a lease washout and we talk about what you should do to protect your interests as well as how it can impact mineral owners.  As always, additional resources...

In this episode, we show you how to navigate the Oklahoma Corporation Commission website to locate your mineral or royalty interests to see if you should be getting paid on a well.  We also show you how to access the official oil & gas production data reported to the state to use in checking your royalty statements. Be sure to check out the accompanying YouTube video to see how we are able to loca...

In this episode we walk you step-by-step how to use the Texas Railroad Commission Website to find your minerals or royalties on a map to determine if you should be getting paid on a well. We also show you how to download important documents related to your wells, how to see how much oil & gas was produced and sold in a given month, and more. Be sure to  check out the accompanying YouTube video to...

OPEC's latest round of production cuts faced skepticism, CO courts side with Civitas in legal battle with Boulder County, and the social media cage match between OPEC and the IEA, plus the latest rig count!   Opec+ production cuts leave oil market sceptical Colorado high court sides with oil company in mineral right lease battle with Boulder County OPEC : Whose 'moment of truth'? Rig Count As alwa...

In this episode we talk about what you should do if your operator is late paying you royalties including statutes around timing for royalty payments in Texas, Oklahoma, New Mexico, and Colorado and when you should be paid interest. Check out the free form letter I've created for you to contact your operator about late or missing royalty payments. As always, resources mentioned in this episode can...

In this episode we delve into crucial year-end tax strategies that may be available to mineral and royalty owners so that you can keep more of your hard-earned income.  From deferring income to strategically optimize tax liabilities,  offsetting or deferring the tax liability when you sell, establishing a step-up in cost basis with inherited minerals and royalties, avoiding backup withholding, to...

My guest this week is Jared Machen, a certified financial planner and the chief operating officer of Brownlee Wealth Management .   Brownlee is a fee-only firm dedicated to helping oil & gas professionals lower their taxes, simplify their investments, and grow their wealth.  Jared is also the co-host of the Financial Planning for Oil & Gas Professionals Podcast .   I'm really excited for this epis...

Why U.S. oil companies are investing heavily in more oil and gas, the outlook for oil prices with recent geopolitical turmoil, and new Colorado bonding requirements put into action.  And the Rig Count!   Why Exxon and Chevron are doubling down on fossil fuel energy with big acquisitions World Bank: Major Escalation In Israel-Hamas War Could Send Oil Soaring To $157 | OilPrice.com Oil, gas regulato...

Next week is the official launch of Mineral Management Basics , my first online course, and I'm excited to share what I have been working on! If you are one of my email subscribers you may already know that I had a small group of students go through a bootcamp in early 2023 to provide feedback on the course content.  Well, I'm happy to say that I finally finished the pre-recorded version of the co...

In this episode we discuss a few "common" scams targeting mineral and royalty owners.  From, exhorbitant finder's fees to help you find and claim missing royalties, the "royalty lease" scam that gets you to sell your future royalties for pennies on the dollar, to fraudlent deeds, we cover what you should know to protect yourself and your family from those seeking to prey on unsuspecting mineral an...

In this episode we answer questions submitted by David, Al, Emily, Erik, David, Mike, and Park. From the resources available to help educate new mineral owners, how to claim missing royalties without paying exorbitant finder's fees, what happens when you lease to a company that is not the operator, and more! As always, you can find links to the resources mentioned in this episode at mineralrightsp...

Are oil prices due for a short-term correction?  We debunk the New York Times hit piece on the oil & gas industry's use of water and compare it to the golf industry - you may be surprised at what we found, and a large portion of federal lands on the Western Slope in Colorado would be off limits to future oil & gas drilling under new BLM proposal, and we talk about the rig count!   Oil Traders Over...

In this episode, we answer questions submitted by Karl, Kimberly, Cara, and Danielle related to leasing for a stratigraphic test well, how to establish the cost basis for mineral rights that are sold, saltwater disposal wells, best practices for selling non-producing mineral rights, and more! If you have a question you would like us to answer, send an email to: feedback@mineralrightspodcast.com ....