The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

Matt Sands

Welcome to The Mineral Rights Podcast! I'm here to help you to make the most out of your oil and gas mineral rights and royalty interests. From the latest mineral rights news to featured guests, get the knowledge and resources you need to manage your minerals and royalties.

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343 episodes
Updated Thursday

Episodes343

Newest first

May 8, 2019 · 23 min
MRP 23: How to Negotiate a Surface Use Agreement
Listen to this episode to learn how to negotiate a Surface Use Agreement (SUA). A Surface Use Agreement (SUA) is a contract between the surface owner and the lessee (usually oil & gas company) to an oil and gas lease. This contract outlines the rights, duties, and obligations by both the landowner and operator including things like the size of the surface disturbance that will be allowed when constructing well pads and roads, compensation for any property damage that might be done by the operator.
Apr 24, 2019 · 26 min
MRP 22: Who is Justin Williams?
You have heard his voice on many of the Mineral Rights Podcast episodes and now it is time to find out just who Justin Williams is. Listen in as Matt interviews Justin!
Apr 17, 2019 · 17 min
MRP 21: Mineral Rights News April 2019
In this month's Mineral Rights Podcast news episode: Colorado Senate Bill 19-181, the oil and gas regulations bill, gets final approval and is headed to governor's desk | House approves measure to protect mineral rights owners from governmental takings, sends to Senate | EPIC study finds landowner revenue, industry output would increase with open auctions
Apr 3, 2019 · 14 min
MRP 20: Taxes on Mineral Rights and Royalties
Today we talk about taxes on mineral rights and royalties. Learn how royalties and lease bonus proceeds are taxed. Get tips on common deductions and credits to make sure you know the questions to ask your CPA when it comes time to file your taxes. We also cover a little known fact on why it makes sense to determine the cost basis for mineral rights that you inherit even if you don't plan on selling.
Mar 29, 2019 · 17 min
MRP 19: Mineral Rights News March 2019
In this month's Mineral Rights Podcast news episode: Industry groups, politicians seek to delay Colorado oil and gas bill | North Dakota energy bill criticized as 'flat-out taking' of private property rights | Suit on forced pooling of mineral rights remains in background. To ask us a question to be featured on an upcoming episode, please leave a comment at mineralrightspodcast.com or send an email to feedback@mineralrightspodcast.com.
Mar 8, 2019 · 19 min
MRP 18: What is the Difference Between a Net Mineral Acre and a Net Royalty Acre?
In this episode, Justin Williams and I cover the basics around the Net Royalty Acre. We talk about the difference between the Net Royalty Acre (NRA) and Net Mineral Acre (NMA) units of measure and when to use each one. Plus we cover how to calculate how many Net Royalty Acres you have.
Feb 22, 2019 · 17 min
MRP 17: Mineral Rights News Feb 2019
This is the first episode that we will be doing monthly where we cover the latest news relating to mineral rights. We'll also chime in to tell you our thoughts on each article. I hope this is useful - let us know if you want to hear more content like this!
Feb 11, 2019 · 29 min
MRP 16: What You Need to Know About Oil and Gas Division Orders
In this episode, we talk about what you need to know about Oil & Gas Division Orders, from what it is, what information is included, and things to consider if you get one in the mail. We also cover a few special cases and some common questions that Matt answers at the end of the show.
Jan 28, 2019 · 48 min
MRP 15: They are Going to Drill on my Land - How Long Before I Start Getting Paid Royalties
In this episode, Justin Williams joins me again to provide the individual mineral owner's perspective. We discuss the typical lifecycle of an oil and gas well and how long it takes from when they start breaking ground until you start getting paid royalties. We also talk about Texas statutes that exist to protect royalty owners and provide certain timeframes for operators to respond to written requests. Be sure to stay tuned until the end because I also answer some common questions that mineral owners often have.
Jan 2, 2019 · 38 min
MRP 14: MineralTracker President Jeff Kummer
Today we have Jeff Kummer with Mineral Tracker on the show to talk about the products and services they offer to mineral owners. MineralTracker focuses on a wide range of mineral owners from those who own smaller interests from just a few wells to those who have interests in thousands of wells. MineralTracker uses proprietary algorithms to allow you to understand predicted royalty income both historically and into the future.
Dec 14, 2018 · 32 min
MRP 13: Royalty Audits and Litigation with Attorney Spencer Cox
Today we have Spencer Cox, an attorney with Burns Charest. He's going to help us dive deeper into the world of royalty audits and when litigation might be an option for mineral owners to pursue.
Nov 29, 2018 · 36 min
MRP 12: Interview with MineralSoft CEO Gabe Wilcox
Today we have Gabe Wilcox the CEO of MineralSoft. He's going to tell us how they got started and some of the solutions they offer to mineral owners to help make sure they are making the most out of their assets. I met some of the MineralSoft team a few months ago here in Denver and got to see their software first hand. I thought it would be great for them to come on the show and talk about how they can help mineral owners manage the often complex business of making heads or tails of your monthly royalties. Also, this is the first in a series of episodes where we will be featuring companies that have tools and services for mineral owners so stay tuned to find out about other great companies out there serving our market. As I mentioned before, we are running a contest for anyone who leaves us a review on iTunes. Just go to mineralrightspodcast.com/contest to enter!
Oct 9, 2018 · 41 min
MRP 11: Oil and Gas Title Issues and Curative Measures
In this episode, we interview expert Clint Goos on the subject of Oil and Gas title issues and curative measures. Clint is an experienced attorney, landman, and project manager with NorthStar Energy Company based in Denver, Colorado. This episode is full of useful information for mineral owners who need to know their options for correcting gaps in the chain of title or other common title defects.
Sep 27, 2018 · 34 min
MRP 10: How to Perform a Title Search
In this Episode of The Mineral Rights Podcast, we cover how to perform a basic title search on your own, what document types to look for, and several free online resources that can help you run title. Show notes: http://mineralrightspodcast.com/episode10
Sep 12, 2018 · 19 min
MRP 9: Royalty Leasing Scams - Beware!
In this episode, we talk about a potentially deceptive practice that we've come across and want to make other mineral owners aware of. It is not very common but can have significant unintended consequences if you fall into this trap. Specifically, we are talking about a royalty lease which is being presented as if it were a mineral lease (especially a top lease). Listen to hear more about how to protect yourself against this potential scam.
Sep 12, 2018 · 28 min
MRP 8: Forced Pooling - What Are Your Options?
In Episode 8, we talk about forced pooling and expand on the concept of non-operated Working Interests as covered in Episode 7. We highlight the typical options that a mineral owner is faced with when they receive a forced pooling notice and election letter in the mail. This includes: - Participating in the well (covered in more detail in Episode 7) - Leasing - Making an affirmative election to "non-consent" to the well - Getting Forced Pooled Examples discussed are specific to Colorado but many states have similar requirements. Check with your state's oil and gas commission for more information.
Aug 22, 2018 · 27 min
MRP 7: Working Interests for Mineral Owners
In this episode, we talk about what a Working Interest (WI) in Oil & Gas is and what you need to know when thinking about participating in a well. You Will Learn About: - Potential tax implications - What is a Joint Operating Agreement (JOA) - What does participating in a well mean - Pros/cons of non-operated WI's
Aug 1, 2018 · 42 min
MRP 6: How to Negotiate an Oil and Gas Lease
In this episode, we answer a listener's question about what to negotiate for and how to evaluate an oil and gas lease. Be sure to check out the show notes for a free leasing resource guide.
Jul 18, 2018 · 36 min
MRP 5: What to Know About Selling Minerals
In this episode, we talk about what you need to know about selling mineral rights and the typical process that's involved. Be sure to listen to the end because we cover 5 red flags to look for when selling your minerals or royalties.
Jun 20, 2018 · 43 min
MRP 4: How Mineral Rights are Valued
In This Episode, You Will Learn About: Different Approaches Used in Valuing Mineral Rights Different Property Types The Market Approach (comparable sales) The Income Approach (aka Discounted Cash Flow Analysis) A rule of thumb you can use to provide a rough estimate of value of some producing minerals. We also talk about different factors that go into a mineral rights valuation If you are considering selling, we discuss some of your options: What is a Non-Participating Royalty Interest (NPRI) and when it can be used. Selling only a portion vs. selling 100% of your interest Long vs. short-term personal & financial goals Red flags to look out for (in the fine print of any legal documents) and who typically pays for what in a mineral rights transaction. Finally, we cover some local Colorado mineral rights news: Royalty owners claim wider well setbacks would cost them $26 billion