Direct buyer · Not a broker
We buy mineral rights and royalties in East Texas.
Family interests in the Haynesville, Bossier, Cotton Valley and Travis Peak. We make a cash offer in three business days, and we pay every cost of the sale.
- Call or text 936-289-3438. No fees, no commissions, no closing costs to you
- We buy with our own money, so an offer is an offer
- Sell all of it, or sell part and keep the rest
- You keep every royalty check until the day we close
Would rather just talk to somebody? Call or text (936) 289-3438 and ask for whoever is around. We answer our own phone.
What are yours worth?
Tell us where they are. We will look them up ourselves and call you with a number. No cost, no obligation.
Who we hear from
Most of the people who call us are in one of these spots.
If any of this sounds like your situation, you are in the right place. There is nothing unusual about it and there is no wrong answer.
You inherited them.Your father or grandmother owned land in East Texas, the surface was sold long ago, and the minerals came to you and your siblings. You have never seen the property.
The check is small and the paperwork is not.A hundred dollars some months, nothing other months, and a stack of 1099s every January from operators you have never heard of.
Three of you own it and cannot agree.One wants to hold, one wants cash, one has not returned a call since 2019. Selling is the only thing that gets everyone paid.
You do not know what you own.You have a division order in a drawer and no idea how many acres it represents or whether it is worth anything. We can tell you.
Somebody sent you an offer.You got a letter with a number on it and you want to know if it is fair before you sign anything. Get a second one. It costs you nothing.
You need the money now.A house, a medical bill, a business, a grandchild's tuition. Minerals are one of the few things you can turn into cash in about a month.
How it works
Three steps, about thirty days, and you never leave the house.
Day one
You call, or you fill out the form
Tell us the county and your name. That is genuinely all we need to start. We pull the county records, the appraisal district roll and the Railroad Commission production history ourselves. You do not have to find any paperwork.
Within three business days
We call you with a number and explain it
Not a range, not a teaser. A specific cash price, and a plain explanation of how we got there: what is producing, how old the wells are, what the operator has permitted nearby. If we think you should hold, we will tell you that too.
Two to four weeks
We handle the rest and wire you the money
We run title at our expense, prepare the deed, send a notary to you if you want one, record with the county clerk and notify the operator. You keep every royalty check until closing. Nothing comes out of your proceeds.
Where we buy
Twenty-three counties. All of Railroad Commission District 6.
District 6 is how the Railroad Commission draws East Texas. It is the only place we buy. We are not a national outfit with a call center. We work one region we actually know, which is why we can price a tract in three days instead of three weeks. Pick your county for local activity, operators and recent permits.
What we buy
If it pays you or it might, we will look at it.
| Type | What that means |
|---|---|
| Mineral rights | You own the minerals under a tract, whether or not anyone has drilled it |
| Royalty interests | You get a share of production and pay none of the costs |
| Overriding royalty (ORRI) | Usually carved out of a lease, often from a landman or geologist in the family |
| Non-participating royalty (NPRI) | You get royalty but do not sign leases or collect bonus |
| Non-operated working interest | You get a share of production and pay a share of the costs. Yes, we buy these. |
| Non-producing minerals | Nothing drilled yet. Worth less, sometimes worth something, always worth a look. |
There is no size limit in either direction. We buy a single interest in one unit, and we buy whole family positions spread across several counties. If your piece feels too small to bother with, call anyway. Small interests in the same tract usually belong to relatives, and we would rather work with the whole family at once than pick people off one at a time.
If what you have is large, say so on the first call. We move on those differently and we have the relationships to close them.
Straight talk
What your minerals are actually worth, and how anyone arrives at a number.
Nobody in this business likes explaining this, because a seller who understands the math is harder to lowball. We would rather you understood it.
First, the unit everyone uses
Acres alone do not tell you much. What matters is net royalty acres, which adjusts your acreage for the royalty rate in your lease. Ten acres leased at a 25% royalty is worth twice as much as ten acres leased at 12.5%, even though both say "ten acres" on the deed.
The conversion, if you want to run it yourself:
Net royalty acres = your net mineral acres × (your royalty ÷ 12.5%)
So 40 net mineral acres leased at a 20% royalty is 64 net royalty acres. When two buyers quote you different numbers, this is usually why.
Then, the price of producing minerals
Most buyers price producing interests as a multiple of what they currently pay you, expressed in months. A common range is 36 to 60 months of your recent average monthly income. If you average $400 a month, that is roughly $14,400 to $24,000 for the producing part alone.
Three things move you inside that range, and it is worth knowing which way yours cut:
- How old the wells are. A shale well loses more than half its rate in its first year or two. If your best well came online eight months ago, your current check is not going to last, and an honest buyer will price it lower than the number on your last stub. If your wells are eight years old, your check is stable and worth more per dollar.
- Whether anything is coming. Permits filed in your unit, a rig working the section next door, or a deep formation nobody has drilled under your shallow well. This is where the real money hides in East Texas, and it is the part most sellers do not know they have.
- Who is operating. An interest under a well-capitalized operator with rigs running is worth more than the identical interest under a company that has not drilled since 2019.
What we will tell you that others might not
Sometimes the right answer is do not sell. If you own a small interest under a section that is about to be developed, holding for two more years may be worth considerably more than any check we would write today. We will say so on the phone. We would rather be the buyer you call in 2029 than the one you regret in 2026.
Why East Texas
We are from here.
Our family has been in Texas five generations. The first of them settled in Kilgore and went to work in the oil field. Houston came later. Kilgore is where we started.
Our founder met his wife at Stephen F. Austin, in Nacogdoches. So between Kilgore and Nacogdoches, most of what matters to this family started inside about sixty miles of each other.
Which is probably close to your story too. Almost nobody buys minerals in East Texas. They inherit them. Somebody in your family had land, or worked a lease, or signed something in 1931, and it came down to you through people you may or may not have met.
That is usually why it is confusing. You did not choose this asset and nobody handed you a manual with it. You may not know how much you own, or which wells it is under, or whether the check that shows up is fair. Most people in your position do not, and there is no reason they should.
We are not a fund in New York or Fort Worth working through a list. We are a family buying in the part of Texas our own family came from, and we know what it is to be handed something by people who are gone and left to work out what it means.
The piney woods gets talked about like somewhere people used to drill. We do not see it that way. There is real rock here, real production, and a lot of families holding interests nobody has ever taken the time to explain to them.
If you are one of them, call us. We will tell you what you own whether or not you ever sell it to us.
Questions
The things people ask us before they decide.
Does any of this cost me anything?
No. There is no fee for an offer, no commission, and no closing costs. We pay for the title work, the deed preparation, the notary and the county recording. Nothing is deducted from your proceeds. The number we quote you is the number that hits your account.
I do not know what I own. Can you still help?
Yes, and this is most of our calls. Give us your name, the county, and the name of whoever you inherited from. Mineral ownership in Texas is a matter of public record. We pull the deed records at the county clerk, the mineral roll at the appraisal district, and the production history at the Railroad Commission, and we tell you what we find whether or not you sell to us.
How do you come up with your offer?
We look at three things. What your interest currently produces, adjusted for how fast those specific wells are declining. What is permitted or already drilled nearby that has not started paying yet. And whether there are deeper formations under your tract that nobody has tested. We will walk you through all three on the phone and show you the well numbers we used.
Do I have to sell all of it?
No. Plenty of people sell half and keep half, or sell the interest in one county and keep the family tract. If you want cash now but do not want to give up the upside entirely, say so and we will price it that way.
My brother and sister own part of it. Does that complicate things?
It is very common and it is workable. Each owner signs for their own undivided share, so you do not all have to agree to sell. If one of you wants to sell and two want to hold, we can buy just the one share. If the interest is still in a deceased parent's name and was never probated, we deal with that regularly and will tell you what it takes.
How long does it take to get paid?
Typically two to four weeks from the day you accept, depending on how clean the title is and how fast the county clerk records. You continue to receive your royalty checks the entire time, right up to closing. Payment is by wire the day the deed is recorded.
What about taxes?
A sale of minerals you have held more than a year is generally treated as a long term capital gain rather than the ordinary income your royalty checks are taxed as, which is often the reason people sell in the first place. We are not accountants and every situation is different, so talk to yours before you close. We will provide whatever documentation they ask for.
Someone already sent me an offer. Should I take it?
Get a second number before you sign anything. Mailed offers are frequently well below what an interest is worth, because they are written by people who have not looked at your specific wells. Send us the letter. We will tell you honestly whether it is a good offer, even if the answer is that you should take theirs.
Are you going to show up at my house?
No. Everything is done by phone, email and mail. If you want a notary, we send one to you at our expense at a time you pick. Nobody knocks on doors.
Find out what you have.
One phone call, three business days, and a number you can do something with. No cost and no obligation, and we will tell you if you are better off keeping it.
Call or text (936) 289-3438 Rather write? offers@longleafmineralco.com