A mineral interest holds the right to develop or to lease the minerals and to keep any proceeds. A royalty interest lacks these rights but does have the right to a share of production or revenue and is exempt from the costs of production. It’s up for debate which type of interest is preferable. A mineral interest may be valuable even when there is no production because of the ability to lease and the possibility of lease bonuses and delay rentals. A royalty interest is likely to be preferable if there is production, because the royalty owner still shares in the production revenue but is not responsible for any costs.
Royalty Clearinghouse has purchased and managed thousands of oil and gas mineral rights. We will work to help you get the most value for your oil and gas mineral rights.