Putting people before Profit

What we do

Our process

We pride ourselves on providing the most competitive, fair, and honest prices for mineral rights. So, how do we buy mineral rights?

Step One:

We schedule a consultation via phone, or via our online form.

Step Two:

With your assistance, we gather information to facilitate an evaluation. This also includes the most recent three months of check stubs for producing properties.

Step Three:

With that information in tow, we perform our assessment. Unlike much of the industry, we perform a methodical reservoir engineering assessment to provide the most accurate determination of future well production.

Step Four:

We make you an offer.

Step Five:

After the price agreement is reached, and our Agreement to Purchase Mineral Rights is signed, we will run the title on the property. Upon satisfactory title discovery, we will send you a deed to sign, and then pay you according to your preferred method.

If you own producing or non-producing minerals, we’re interested in purchasing all or part of your interest. When you contact our team, you’re getting direct access to a team of experts with significant expertise in the industry.
Where Expro Does Business Map

Where we Do Business

Headquartered in Fort Worth, Texas, we are actively purchasing mineral rights in the Anadarko Basin of Oklahoma. Within the Basin, we operate primarily in the STACK and SCOOP plays.

STACK stands for Sooner Trend Anadarko Basin Canadian and Kingfisher Counties. This mineral-rich region is located just Northwest of Oklahoma City, and include parts of around 10 counties.

SCOOP stands for South Central Oklahoma Oil Province, and stretches from the area surrounding Oklahoma City Southeast toward the Texas border. While not as dense a mineral producing region, we still do a remarkable amount business in these counties (about 7 counties total).

DON'T GO BROKE WITH A BROKER

Expro Minerals doesn’t exist to flip your minerals overnight. We make specific investments, and pay you top-dollar cash lump sums based on future production and commodity futures’ pricing. We ensure that we’re providing you the most realistic present value for your mineral rights or royalties.

As a family-owned and operated company since our inception, we understand the familial nature of these transactions. Many minerals were passed down through multiple generations, and we exercise care to ensure that your family investment earns its maximum value. As you’re accelerating your cash flow and lowering taxes, you’re also gaining peace of mind.

Frequently Asked Questions

Consultants with a specialized degree in geology can analyze historical data from old wells in your area to determine if oil and gas reservoirs present. This may prove the presence of hydrocarbons, but it does not accurately measure the quantity or if the technology is available to drill the well.

There are many variables involved when gauging the selling price of minerals, including the amount of current drilling activity, the production decline rate, the cash flow history of your wells, and the commodity market prices. Because of this, your selling price will fluctuate with time and through other negotiations.

The first step for beginning a project is leasing the mineral rights for the new area. These leases can range in time from three to five years. The operator may add a clause to the lease to extend it for a specified number of years, while allowing a small bonus to be paid to the mineral owner. In addition to the lease itself, the operator is required to pay the owner a royalty for the oil and gas produced from the minerals. This royalty percentage, often between 12.5% and 25%, will be multiplied by the produced oil and gas to determine your monthly royalty payment.

If you choose to lease instead of sell your mineral rights, you may be faced with the following risks:

1. The operator may decide that it is not in their best interest to drill a well, and you receive little value for your mineral rights.

2. The operator drills a poor well, which results in little to no mineral revenue.

3. In some cases, the operator can hold your minerals in a lease for up to 10 years without having to drill a well.

4. When operators drill a well, you are locked in to the terms of that lease for the life of the well. This is referred to as being "held by production" and can last more than 30 years.

The oil and gas industry is filled with risks. By selling your mineral rights, you remove the chance of a low-performing well and guarantee money for your assets.

There are many mineral brokers across the country who may wish to keep your mineral rights until they are able to find a third party buyer, at which point they may profit by reselling your minerals. It is important to sell your mineral rights to a fully funded buyer instead of a mineral broker to ensure a fast transaction in which you receive full payment for your assets.

Mineral rights are not always combined with the rights for the actual surface land. Most operators require a portion of surface land to drill for minerals, which is usually up for negotiation with land owners.

Mineral owners must work to find a buyer that makes the purchasing process easy to understand. Quality buyers will have a history of satisfied clients, a thorough evaluation process, and a clear system of payments.

Payment is distributed via cashier's check or wire transfer. Cashier's checks are often held until all legal documents have been finished and then delivered overnight via FedEx. With a wire transfer, we are able to send payment upon receipt of all other necessary documents.

You are not obligated to sell your rights upon receiving our offer. We do not share your information with other buyers.

You have the option of only selling a portion of your minerals. Selling a part of your mineral interest greatly reduces your risk of having a bad well while still allowing you to benefit from an up-front payment.

There is no cost to the owner. When selling your minerals, you do not pay for any paperwork or filing fees. By choosing to sell, you may save on taxes. Profit from selling minerals may be taxed at a lower rate than the production revenue received from the minerals.

Call us or contact us through our website to sell your minerals. We evaluate your assets based on several factors and send you an offer within one week, and in most cases the same day. Once an agreement is reached, most transactions will close between 30-45 days.

Depending on the specifics of your project, the evaluation process can take anywhere from a couple of hours to several days. Our team can provide more information regarding a timeframe once we learn more about the project.

Upon receipt of purchase documents, we will begin confirming the information. We will then send a petroleum expert or title attorney to obtain more title information. This may be time consuming, but is necessary to verify all information regarding your mineral rights.

Interests in oil and gas are depleting assets, and all oil and gas wells decline in production at various rates over time.

You can sell your mineral interests if you are currently leasing them. The leased property's value is partly determined by the royalty interest you currently are receiving.

We wish to evaluate as much information as possible to provide an accurate analysis of your mineral value.

Yes, we can send a representative to meet with you.

LET'S MONETIZE YOUR MINERALS

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