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

We recorded this month's Mineral Rights Podcast news episode live at the National Association of Royalty Owners (NARO) state Convention in Denver, CO.  We discuss how Exxon and Chevron's record profits stack up to other industries, Ovintiv sells Uinta Basin acreage, and New Mexico's oil and gas emissions rule becomes law, and the current rig count! Exxon and Chevron Report Record Profits on High O...

Dr. Bill Eustes is a professor emeritus with the Petroleum Engineering Department at the Colorado School of Mines and an instructor with the TOP Energy Training consortium. We talk about what goes into drilling a well, what the future holds with advancements in drilling technology, and how what we've learned in oil and gas drilling can be applied to things like geothermal energy and CO2 sequestrat...

In this episode, we answer listener questions that were submitted via email by John, Sarah, Helen, Jeffrey, Ervin, Danny, John, Chuck, and Michelle.  If you have a question that you need help with, send it to feedback@mineralrightspodcast.com .  Who knows, we might just answer it in a future episode! Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com .

Prior period adjustments are a relatively common occurrence in the oil and gas industry and typically result from changes in volumes of oil, natural gas, or NGL's that were actually sold vs. what you were paid for, or adjustments in the prices paid for these products, or in some cases changes to the division of interest in your wells.  The first two are more common and the frequency of PPA's may v...

In this month's mineral rights news episode for July 2022,  we talk about gasoline prices and refinery capacity and the outlook for the future,  oil and gas activity in West Texas linked to increase in earthquakes, are Saudi Arabia and the UAE already pumping at maximum capacity?, and the rig count is up again this month!   How a massive refinery shortage is contributing to high gas prices : NPR U...

In this episode, we talk about the different strategies to consider when investing in mineral rights and royalty interests.  Ultimately, the strategy that you employ will determine the types of properties that meet your investment criteria.  From the type of interest, the geographic location, whether it already has producing wells or is undeveloped, to the product mix, all of these factors can con...

Learn how to find the best mineral rights purchase opportunities, how to identify and contact the owners, how to hire the right advisors and common mistakes to avoid. Links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

What is geothermal energy? How does it work? Is it renewable? How can mineral owners benefit from geothermal energy development? Listen to the entire episode to hear answers to these questions and more.  As always, resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com .

this episode we give an update on the current oil market and discuss why leading indicators like the inventory of Drilled but UnCompleted (DUC) wells is important in determining if the U.S. can grow production to meet demand (and in turn cause oil prices to fall). We also talk about the impact of the recent EU embargo on Russian crude oil and the June 2022 OPEC+ meeting and how these things will a...

In this month's Mineral Rights Podcast news episode for June 2022: Mineral interest owners sue Gov. Justice over new forced oil and gas well unitization law | Energy and Environment | wvgazettemail.com Why Shale Drillers Are Pumping Out Dividends Instead of More Oil and Gas - WSJ Sorry, But for You, Oil Trades at $250 a Barrel - The Washington Post Baker Hughes Rig Count   As always, you can go to...

The current helium supply crunch is likely to get worse before it gets better but in the meantime we talk about how royalty owners can profit from Helium production and prices upwards of $600/mcf for this rare gas. Resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this episode we discuss how different oil and gas companies work together, what agreements they use, how a company can be an operator in some wells and also a non-operated working interest partner in other wells that another company operates. Plus the strategies and tactics often involved with these types of acreage trades and agreements. As always, links to the resources mentioned in this epis...

In this episode we provide an overview of the Eagle Ford Shale play in South Texas.   Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil and gas basin.  Plus, we talk about some exciting developments where operators are also targeting additional formations like the Austin Chalk and Buda Limestone in certain areas. Links to the chart...

In this month's Mineral Rights Podcast news episode for May 2022, we talk about how private ownership of mineral rights is America's secret weapon, Fort Collins, Colorado looks to buy all minerals under the city, PA lawmakers clarify pore space rights, why oil companies aren't growing production, and the Baker Hughes Rig Count. Mineral Rights In America: A Secret Weapon For Clean Energy Abundance?...

Did you know that the oil and gas industry is not the only industry that uses underground injection wells.  As mineral and royalty owners, it is helpful to understand the difference between a saltwater disposal well and a water injection well used for enhanced oil recovery.  Plus, it is important to understand who benefits from underground injection wells used in the oil & gas industry. In this ep...

In this episode, Justin and I interview Neil Ray with CAMRO. We discuss the new Colorado Oil and Gas Financial Assurance regulations that just went into effect.  If you're not familiar with what financial assurance is, it is the process of operators putting up money to ensure that the state isn't left footing the bill for plugging and abandoning wells in case the company goes out of business. This...

The U.S. House of Representatives recently held a hearing titled "Gouged at the Gas Station: Big Oil and America's Pain at the Pump" where they grilled six oil company CEO's about the recent increase in gasoline prices.  While this hearing was mostly political grandstanding and lacked much substance, we break down the implications of what was said and what might be holding back companies from incr...

It's true, energy companies have been profitable lately...to the tune of an 8.3% profit in 2021.  Yup, the only segment worse than energy was consumer staples with a profit margin of 6.6%.  Yet here we are talking about windfall profits.  In this episode we break down this proposal and how it is not only not a profits tax but will have the exact opposite effect on energy prices than what is intend...

In this month's Mineral Rights News Episode for April 2022, we discuss a landmark case in North Dakota that could decide how surface owners are compensated for the use of underground pore space, windfall profits tax measure introduced by Democrats, and the SEC takes aim at greenhouse gas emissions. 'Pore space' a growing issue for North Dakota's energy industry, landowners | State & Regional | bis...

It's March and it is time to get things in order to file your taxes.  In this episode we discuss how Mineral rights and royalties are taxed, deductions you can take to reduce the tax liability associated with your oil and gas royalties, and we'll also provide a refresher on a quick audit you can do on your royalty statements before you file your taxes. Checkout the free royalty audit worksheet and...

In this episode I interview Jim Crompton, oil and gas industry expert, professor at the Colorado School of Mines, and owner Reflections Data Consulting, LLC. He is also an instructor at Top Energy Training which helps educate regulators, inspectors, policymakers, and oil & gas industry professionals so that they can develop informed public policy and regulations around complex issues in the oil an...

Orphan wells are oil and gas wells that are no longer producing or economically viable but have not gone through the plugging process and usually don't have an owner.  They present potential safety and environmental concerns as well as an enormous cost to properly plug and abandon the hundreds of thousands of wells in the United States.  In this episode, we discuss some possible solutions to this...

In this month's special Mineral Rights News Episode for March 2022, we discuss the impact of Russia's invasion of Ukraine on crude oil and natural gas prices and things we should be doing here in the U.S. to mitigate the effects. Links to the facts and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com. Feedback and questions can be sent to feedback@mine...

The U.S. becoming the largest LNG exporter in 2021 with a peak capacity of 10.8 Bcf/day, provides a new outlet for domestic natural gas production.  This should provide support to natural gas prices in the U.S. and as a result will benefit royalty owners.    In this episode, we discuss this and the recent letter from New England senators asking the DOE to limit LNG exports to prevent gas prices fr...

In this episode, I talk with Jacinda Brown, co-founder of CryptoKnight Energy about bitcoin mining using stranded or flared natural gas and how this presents an opportunity for mineral and royalty owners.    We talk about some really interesting topics, including recent regulations that prevents the routine flaring of natural gas, the locations that are suitable for bitcoin mining, the types of ag...