Questions Mineral Owners Ask Our Review Desk
Each answer helps identify the asset and its evidence before a forecast or purchase number is allowed to drive the file.
What's the single most important document to have?
Your deed, since it establishes ownership and the legal description of the property. If the interest is producing, recent royalty statements are a close second because they let a buyer price the interest off real cash flow.
I inherited these minerals and don't have any paperwork. What do I do?
Start with the county clerk or recorder's office where the property is located and search under the name of the relative you inherited from. Probate records, if the estate went through formal administration, can also help establish the chain of title.
Do I need a division order to sell?
It's not required, but having one speeds up verification of your decimal interest through the operator's own records rather than relying solely on deed calculations.
Can I still sell if I'm missing some of these documents?
Yes. Missing paperwork is common, especially on inherited interests, and a buyer experienced with these situations can typically help track down what's needed rather than requiring you to have everything upfront.
Should I get copies of everything before contacting a buyer, or after?
Before, if you can. Gathering documents first means any buyer you talk to is pricing your actual interest from day one, rather than starting with a rough estimate that gets revised later, and it usually shortens the whole process considerably.