Frequently asked questions

Questions mineral owners ask us.

Straight answers about offers, how we value minerals, closing and payment. If yours is not here, call us at 713.777.6400.

Freeevery offer, with no obligation to sell
10 daysbusiness days to a lump sum after you sign
5states where we buy minerals
2015buying mineral interests since

Getting an offer

5 questions
01Is an offer free, and do I have to accept it?

Every offer is free, and you are never obligated to sell. We walk you through how we reached the number so you can decide with full information, whether you sell to us, sell later or keep your minerals.

02What should I send you to get an offer?

Any one of these is enough to get started:

  • A recent check stub from the operator
  • Your oil and gas lease
  • The county, section, township and range of your minerals

The more you send, the faster we can return an offer.

03What if I don't have much information about my minerals?

That is common, especially with inherited minerals. Call or email us with whatever you have and we will help you sort out what you own. Our glossary explains township and range if you are looking at an old deed.

04Why is a check stub so helpful?

A check stub shows exactly what you own under the wells that are producing: the operator, the wells and your decimal interest in each. It is the quickest way for us to value producing minerals.

05Where do you buy minerals?

In five states: Colorado (DJ and Piceance basins), North Dakota (Williston Basin), Oklahoma (Anadarko Basin), Utah (Uinta Basin) and Wyoming (Powder River and DJ basins). Each state page shows the geology we use to value minerals there.

How we value minerals

4 questions
06How do you decide what my minerals are worth?

Every offer goes through the same five-step evaluation: land, lease, geology, engineering and financial. We estimate how much oil and gas your minerals are likely to produce, then price that production. Your offer comes with the reasoning behind it.

07Do I have to sell all of my minerals?

No. In many cases we suggest selling only a portion, so you take cash today and keep a share of future production.

08Do you buy minerals that are not producing yet?

Yes. We buy both producing and non-producing minerals. Every offer goes through the same five-step evaluation, whether or not your minerals are producing today.

09How long is an offer good for?

Generally one month from the date we make it. If you need more time, call us and we will talk it through.

Closing and payment

4 questions
10How long does it take to get paid?

We pay a lump sum of cash within 10 business days after you sign the Purchase and Sale Agreement.

11How will I be paid?

In one lump sum, by wire transfer or check: your choice.

12Are there any fees or closing costs for me?

No. TRP Minerals pays the recording and closing costs.

13What happens to my royalty checks after I sell?

After closing, the operator is notified of the sale and begins paying the new owner. The Purchase and Sale Agreement sets the effective date that decides who receives payment for production before and after the sale.

Your information

3 questions
14Is my information secure?

Yes. Documents you send are stored in TRP's secure database, and only management and employees with permission can view them.

15Should I talk to a tax advisor before selling?

Yes. Selling minerals can have tax consequences that depend on your situation. TRP Minerals does not give tax or legal advice, so we encourage you to talk with your own advisor before you sign.

16Who will I be working with?

Our managing partners lead the geology, land and financial work behind every offer. You can reach us directly at 713.777.6400 or info@thunder-river.com.

Still deciding?

Look up any word from your lease or check stub in our oil and gas glossary, or see the geology behind our offers on each state page.

Free offer · No obligation · Lump sum of cash

Ready to see what your minerals are worth?

Send a check stub, a lease or just your county. We will return a written offer with the reasoning behind it.

Your trusted source for mineral acquisitions.
info@thunder-river.com713.777.6400