The Most Essential Terms Used In Oil And Gas
Get into the global industry of oil and gas with Venergy Momentum’s full list of common terms used in the field. We strive to help you understand the sometimes complicated lingo because of our experience in mineral rights valuation in Texas and our extensive knowledge of Texas mineral rights. Want to find out more? Check […]
What’s the Difference Between Mineral Rights and Royalty Rights?
Surface Rights, Mineral Rights, Royalty Rights, and Working Interest. These terms are becoming more prevalent in our day and age and starting to gain a lot more attention, especially by venture capitalists and institutional, private, and passive investors looking for a safe place to invest with a minimal amount of risk. These terms are often […]
How Do I Read My Royalty Statement?
I’m a BIG Big Lebowski fan. If you haven’t seen the movie, this is Walter – a raucous, erratically-tempered bowling nut who has had it with a fellow bowler who broke the rules by stepping over the alley line. He’s frustrated as all get out and won’t stand for it. Ever felt this frustrated when […]
Mineral Management Companies – What Do They Do and Are They Right For You?
Who are Mineral Managers and Mineral Management Companies? Mineral Management Companies (MMC) are typically made up of oil and gas professionals such as Landmen, Attorneys, Accountants, Estate Planners, and possibly Geologists and Reservoir Engineers. Although it is not required, Mineral Managers (MM) may have an additional mineral management certification called a CMM. Having this certificate […]
Infographic – Surface, Mineral, Executive & Royalty Rights
These terms are becoming more prevalent in our day and age and starting to gain a lot more attention, especially by venture capitalists and institutional, private, and passive investors looking for a safe place to invest with a minimal amount of risk. These terms are often used in a confusing way and the definitions tend […]
In-House vs. Independent Landman: Which One is Best?
In-House Landmen and women are employed by an oil and gas firm or corporation. They are not allowed to, and do not, receive bonus payments or royalty dividends since their duty is to represent the company they work for. They do all the necessary legwork under the direction and management of the company they represent. […]
Landman, Lawyer, or Trustee?
Eeenie, Meenie, Miney, Mo…. In the U.S. it is very common to inherit minerals and royalties from one generation to the next, although they can be transacted, or bought and sold, like any other form of real estate. Those who have become mineral and royalty owners upon inheritance, or as investors new to the business, […]
Shhhh…Personal Advice from a Landman
Hey all! Thanks for taking the next 5–7 minutes to read this hush-hush article. I’ve provided a few tips to help you get educated on the management of your oil and gas assets, the people you may have to work with, and what to look out for. In-House vs. Independent Landman – what’s the […]
Understanding Net Mineral Acres and Net Royalty Acres
Welcome back, friends! I find myself explaining the differences between Net Mineral Acres (NMA) and Net Royalty Acres (NRA) to a lot of my clients and for good reason. These terms are used a lot in the industry yet most owners don’t know what they mean, if they own NMA or NRA, and how to […]