Nowadays, almost everyone seems to be
in a need of money. With the growing number of expenses, it is getting
difficult for people to provide for their families. Some people have adopted
the famous barter-trade route of craigslist to meet the needs of their
families. Others have chosen to lease their rooms and property to earn some
extra cash out of it. Many people do not know that they can make a profit from
deep-pocketed petroleum and mining companies with whom you can strike a
beneficial deal on the basis of “working interest” agreement.
As an easy way to generate an income,
many people have opted to trade oil and gas leases on their property as it’s an
easy way to earn off the land they have already invested in. The companies
invest in the exploration cost and mineral production or petroleum extraction,
the individual is saved from this burden. Working interests are beneficial for
the owner of the property; they are only concerned with the portion of the
proceeds of the land on which the exploration companies have agreed to invest
in.
In areas where oil is not common to
be found especially in mountainous areas, there is an option to sell mineral
rights to extract other minerals such as copper, gold, quartz, topaz or amethyst.
These are lucrative commodities and they are high in demand. In areas like West
Texas one commonly sees a lone pump jack; this indicates that the land owner
has leased his land to an oil and gas company. As in the Unites states of
America, there is a geological diversity, one can easily trade oil and gas
leases off their land no matter what land one posses. As the demand of energy
production has increased globally, land owners especially in the southern
states of America opt to sell oil and gas leases off their lands.
The expected royalty is one-eighth of
the production that implies that it is $125000 per $100000 per working interest
is generated for oil and gas royalty.
Provided that there is a very little or no upfront investment, the profit is quite
huge. Conveniently, the company, which has signed the agreement, is responsible
for logistical burden of processing sites. Logistical burden would require
specialized expensive equipment and expertise which the landowner usually does
not possess. If you have a land in possession, you may want to contact a
mineral or oil gas exploration service near you. You may want to contact a
professional to carry out a geological survey on your land. Your financial
security may be just around the corner and you have been sitting on a gold mine
all this time. UniRoyalities Ltd. is the best source available if you want to
evaluate your oil and gas lease in order to maximize your asset withdrawal. It
specialized in a rapid evaluation and processing of your oil and gas investment
lease and provides a complete solution on the behalf of the investor.
