This is a standard request for any company that wishes to purchase your minerals, royalties or non-operated working interests. If you received a Royalty Clearinghouse offer in the mail, we need to review payment history for the wells involved in order to verify our original bid. The information from the stubs helps us to:

• Confirm your ownership interest in the well(s);
• Verify that the well(s) is still in production;
• Confirm your payments received from the operator.

If you do not have copies of your recent check stubs or are not paid monthly, please call one of our account managers to discuss your sale options at 512-458-4545.

No, all offers presented by Royalty Clearinghouse are “no-obligation” offers. Receiving an offer does not obligate you to sell.

Funding will generally occur within ten (10) to fifteen (15) business days of our receipt of your original signed deed or assignment. We can arrange for a company check to be sent directly to you. A cashier’s check can also be sent from our bank to your bank and will be directly deposited into your account. We make every effort to close your sale as quickly, efficiently and easily as possible. Naturally, the time to fund may vary due to the size or complexity of the transaction.

The value is based on the cash flow that we expect the minerals to generate in the future. Estimating cash flow involves assumptions about the location of your interests; when wells may be drilled; production history; current and projected oil and gas prices, the operator including the track record in the specified oil and gas field; and the overall risk to Royalty Clearinghouse.

Our original bids are generated from public information. We combine ownership information from county tax rolls, where available, with production data reported to the Railroad Commission or each State’s Oil and Gas Commission to make our cursory bid. Although the taxing entities and the Railroad Commission are great sources for our initial evaluation, the information is not always accurate or up-to-date, which is why we ask to see recent check stubs.

Chain of Title
A chain of title is the chronological order of successive legal owners of a property – such as mineral interest or the ownership of a home. It often lists the registration particulars of the document by which title is transferred from each owner to his successor in title.

Assignment
A legal document (similar to a deed) that conveys ownership of real property from one party to another.

Deed
A deed is the document that transfers ownership of real property (such as a mineral interest or ownership in a home). It contains the names of the old and new owners and a legal description of the property, and is signed by the person transferring the property. You can’t transfer real estate without having something in writing, which is almost always a deed or an assignment.

Royalty Check
Royalty checks normally come monthly, and are determined by the division of interest (i.e. your ownership in a well(s)), the production for the month, oil and gas prices, and operator deductions. It may take several months once a well goes into production for royalty checks to start. Before the oil company will commence payments, it has to establish an owner’s division of interest for the owner.

Blanchard
A blanchard interest is a unit that has multiple operators. The primary operator pays the royalties and each of the other operators pays an excess royalty to the royalty owner.