Every mineral owner wishes they could figure out what their minerals are worth at any given time. It is pretty easy to do that with Real Estate because most of those transactions become public, and enable Central Appraisal Districts (in Texas) to appraise the land for county taxing purposes. On the...
I’ve been taught to buy low and sell high, but picking up some cheap oil stocks in the darkest days of the Covid-19 shutdown after oil prices went negative, was one of the harder investment decisions I’ve made. Even though I have a healthy skepticism about EVERYTHING we see in...
About every three years we find ourselves writing about an oil price collapse. Oil price collapses are usually tied to market conditions, where a slight over supply drives down prices dramatically. And those market conditions many times cause OPEC+ nations to start fighting about how they share the production cuts...
When it comes to who has the crystal ball for predicting the future of oil and gas, our staff would agree that our combined 70 plus years of oil and gas industry experience has taught us that even the largest, most equipped and experienced organizations in the world can’t accurately...
In an effort to get offers on some acreage, a mineral broker recently sent out a mass email with the Subject line – “Is anybody out there buying minerals anymore?” My how times change, and change fast! Year 2014 seems like years ago, not just last year. Almost every mineral...