You can find more expert tips on due diligence from the National Association of Royalty Owners (NARO) or consult an oil and gas attorney to help review your first deed. FAQ: WHY DO WE PURCHASE MINERALS AND ROYALTIES?
: You don't have to manage equipment, hire crews, or worry about environmental liabilities—the operator handles the dirty work. How to Evaluate an Opportunity buying natural gas royalties
: New horizontal wells produce heavily at first but can drop to 1/2 or 1/3 of their initial production within the first year. Never value a property based solely on its first few months of "flush" production. You can find more expert tips on due