How much are my mineral rights worth?

The value of mineral rights depends on several factors including location, production history, proven reserves, current market prices, and lease terms. Our experienced team provides free mineral rights appraisal using industry-leading valuation methods. Factors we consider include nearby well production, geological surveys, and current commodity prices.

How do I sell my mineral rights?

Selling mineral rights involves several steps: 1) Contact a reputable mineral rights buyer, 2) Review your deed and title, 3) Receive a transparent valuation explaining the offer, 4) Negotiate terms and closing timeline, 5) Complete title work and documentation, 6) Close the transaction. Buckhead Energy streamlines this process with quick closings and competitive offers.

What is the best company to sell mineral rights to?

The best mineral buying company offers fair market value, transparent pricing, quick closings, and professional service. Look for companies with proven track records, positive landowner reviews, and expertise in your specific basin or region. Buckhead Energy has been acquiring mineral rights since 2007, with successful transactions across 33 states.

Should I sell or lease my mineral rights?

The decision to sell or lease mineral rights depends on your financial goals, risk tolerance, and market conditions. Selling provides immediate cash with no ongoing management, while leasing offers potential long-term income but requires active management. Consider factors like current commodity prices, development potential, tax implications, and your need for immediate capital.

What are mineral rights?

Mineral rights are the legal rights to extract and profit from minerals beneath the surface of land, including oil, natural gas, coal, and other valuable substances. These rights can be owned separately from surface rights. Mineral rights ownership entitles you to lease payments, royalties from production, and the right to sell these assets.

How long does it take to sell mineral rights?

The timeline to sell mineral rights typically ranges from 30-90 days, depending on title complexity and documentation requirements. At Buckhead Energy, we streamline the process: initial evaluation and offer within 7-14 days, title review 2-4 weeks, and closing within 30-45 days of accepted offer.

Illinois Residents: Sell Your Louisiana Mineral Rights

Louisiana Minerals, Illinois Residence

Louisiana has a long history of oil and gas production, from the early salt dome fields to today's modern horizontal drilling in the Haynesville Shale. If you're an Illinois resident who inherited Louisiana mineral rights, you're managing assets from approximately 800 miles away.

Many Illinois residents discover they own Louisiana minerals after inheriting from family members who lived in Louisiana or worked in the Gulf Coast oil industry. Managing these assets from Chicago or elsewhere in Illinois can be challenging:

Understanding Louisiana's unique mineral laws (based on civil law, not common law)

Dealing with the prescription period (minerals can lapse back to surface owner)

Tracking production across different parishes

Filing Louisiana income tax returns while paying Illinois income tax

Major Louisiana Producing Areas

We buy minerals throughout Louisiana. The state's oil and gas production spans several distinct areas:

Haynesville Shale

One of America's largest natural gas plays in Northwest Louisiana. Parishes: Caddo, Bossier, DeSoto, Red River, Sabine. Premium location for gas-focused minerals.

Tuscaloosa Marine Shale

Oil-focused play in Central Louisiana with developing activity. Parishes: LaSalle, Avoyelles, Rapides.

South Louisiana

Legacy production from salt dome and offshore-adjacent fields. Parishes: Vermilion, Iberia, St. Mary, Terrebonne, Lafourche, Cameron.

North Louisiana

Legacy Cotton Valley, Austin Chalk, and other formations. Various parishes across northern Louisiana.

Louisiana's Unique Mineral Laws

Louisiana is the only state with mineral laws based on the civil law tradition (from French and Spanish colonial influence) rather than English common law. This creates some unique situations:

Prescription: Unused mineral rights can "prescribe" (lapse) back to the surface owner after 10 years of non-use

Mineral servitudes: Louisiana uses "servitudes" rather than fee ownership in some cases

Understanding these nuances is important when selling. We're familiar with Louisiana mineral law and can navigate these complexities for Illinois owners.

The Illinois-Louisiana Connection

Illinois and Louisiana have historical connections through the Mississippi River corridor. Many Illinois families have roots in Louisiana, or had relatives who worked in the Gulf Coast oil and gas industry during the 20th century oil booms.

Whether your Louisiana minerals came through family inheritance, past investments, or other means, managing them from the Midwest creates unnecessary complexity. Converting these distant assets to cash can simplify your financial life considerably.

Selling Louisiana Minerals from Illinois

Tell Us About Your Minerals

Parish, section/township/range, production

We Research & Value

Production data, title, prescription status

Sign at IL Notary

No travel to Louisiana required

Receive Payment

Wire transfer or certified check

Louisiana-Specific Questions

Louisiana mineral servitudes can "prescribe" (expire) if not used for 10 years. This means if no drilling, production, or good-faith operations occur, the minerals could revert to the surface owner. This is different from other states where mineral ownership is perpetual. If you're concerned about prescription, selling sooner rather than later may be wise.

Louisiana taxes non-resident income from Louisiana sources, including mineral royalties. You may need to file a Louisiana non-resident return each year. Illinois also taxes this income at its flat rate, but typically provides a credit for taxes paid to other states to avoid double taxation. When you sell, both states may tax the gain. Consult a tax professional for your specific situation.

The Haynesville Shale has become increasingly valuable due to growing demand for natural gas, especially for LNG exports. Minerals in the core of the Haynesville (Caddo, DeSoto, Bossier parishes) can command strong prices. The resurgence in drilling activity has renewed interest in this prolific gas play.

South Louisiana minerals can still have value, though activity is generally lower than the Haynesville. Legacy fields continue to produce, and some areas see redevelopment. We evaluate all Louisiana minerals and can tell you what your specific interest is worth based on location and production.

Get a Free Valuation of Your Louisiana Minerals

We'll research your Louisiana mineral rights and provide a written offer. No obligation, no cost.

Start Your Free Valuation

Or call us at (817) 778-9532

Illinois Owner Resources

Louisiana Oil & Gas

Top 10 U.S. oil producer

Top 10 gas producer

64 parishes

Haynesville resurgence

Important

Louisiana minerals can "prescribe" (expire) after 10 years of non-use. If you're not receiving royalties, consider your options.

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Get a free valuation of your LA minerals.

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Own Mineral Rights in Louisiana?

Louisiana Minerals, Illinois Residence

Major Louisiana Producing Areas

Haynesville Shale

Tuscaloosa Marine Shale

South Louisiana

North Louisiana

Louisiana's Unique Mineral Laws

The Illinois-Louisiana Connection

Selling Louisiana Minerals from Illinois

Tell Us About Your Minerals

We Research & Value

Sign at IL Notary

Receive Payment

Louisiana-Specific Questions

What is mineral prescription in Louisiana?

How do taxes work for Illinois residents with Louisiana minerals?

How valuable are Haynesville Shale minerals?

My minerals are in South Louisiana—are they still valuable?

Get a Free Valuation of Your Louisiana Minerals

Illinois Owner Resources

Louisiana Oil & Gas

Important

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