The Mineral Rights Podcast: Mineral Rights | Royalties | Oil and Gas | Matt Sands

The U.S. House of Representatives recently held a hearing titled "Gouged at the Gas Station: Big Oil and America's Pain at the Pump" where they grilled six oil company CEO's about the recent increase in gasoline prices. While this hearing was mostly political grandstanding and lacked much substance, we break down the implications of what was said and what might be holding back companies from increasing oil production in 2022. As always, show notes can be found at mineralrightspodcast.com.

It's true, energy companies have been profitable lately...to the tune of an 8.3% profit in 2021. Yup, the only segment worse than energy was consumer staples with a profit margin of 6.6%. Yet here we are talking about windfall profits. In this episode we break down this proposal and how it is not only not a profits tax but will have the exact opposite effect on energy prices than what is intended. As always, links to the references and clips mentioned in this episode can be found at mineralrightspodcast.com.

In this month's Mineral Rights News Episode for April 2022, we discuss a landmark case in North Dakota that could decide how surface owners are compensated for the use of underground pore space, windfall profits tax measure introduced by Democrats, and the SEC takes aim at greenhouse gas emissions. 'Pore space' a growing issue for North Dakota's energy industry, landowners | State & Regional | bismarcktribune.com Senator Elizabeth Warren Targets Oil Companies With Plan to Tax Windfall Profits - Bloomberg US SEC proposes companies disclose range of climate risks, emissions data | Reuters As always, articles mentioned in this episode can be found at mineralrightspodcast.com. To send us an article you'd like us to cover: [email protected].

It's March and it is time to get things in order to file your taxes. In this episode we discuss how Mineral rights and royalties are taxed, deductions you can take to reduce the tax liability associated with your oil and gas royalties, and we'll also provide a refresher on a quick audit you can do on your royalty statements before you file your taxes. Checkout the free royalty audit worksheet and my tax resource guide which you can download for free. Links can be found in the show notes at mineralrightspodcast.com Thanks for listening and don't forget to leave a rating and review!

In this episode I interview Jim Crompton, oil and gas industry expert, professor at the Colorado School of Mines, and owner Reflections Data Consulting, LLC. He is also an instructor at Top Energy Training which helps educate regulators, inspectors, policymakers, and oil & gas industry professionals so that they can develop informed public policy and regulations around complex issues in the oil and gas industry, like orphan wells. We discuss all aspects of the orphan wells issue, from the size of the problem, advancements in technology that may help industry better prioritize the abandoned wells that require attention, what landowners should do if they find an abandoned well on their property, and incentive mechanisms that might help solve this problem. As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com

Orphan wells are oil and gas wells that are no longer producing or economically viable but have not gone through the plugging process and usually don't have an owner. They present potential safety and environmental concerns as well as an enormous cost to properly plug and abandon the hundreds of thousands of wells in the United States. In this episode, we discuss some possible solutions to this problem and what surface owners can do if you have an orphan well on your property. As always, show notes can be found at mineralrightspodcast.com

In this month's special Mineral Rights News Episode for March 2022, we discuss the impact of Russia's invasion of Ukraine on crude oil and natural gas prices and things we should be doing here in the U.S. to mitigate the effects. Links to the facts and resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com. Feedback and questions can be sent to [email protected].

The U.S. becoming the largest LNG exporter in 2021 with a peak capacity of 10.8 Bcf/day, provides a new outlet for domestic natural gas production. This should provide support to natural gas prices in the U.S. and as a result will benefit royalty owners. In this episode, we discuss this and the recent letter from New England senators asking the DOE to limit LNG exports to prevent gas prices from rising further. Instead, we talk about how supply and demand will help naturally balance out prices and how LNG exports can be used to support our allies in Europe from Russian natural gas supply disruptions. As always, show notes can be found at mineralrightspodcast.com.

In this episode, I talk with Jacinda Brown, co-founder of CryptoKnight Energy about bitcoin mining using stranded or flared natural gas and how this presents an opportunity for mineral and royalty owners. We talk about some really interesting topics, including recent regulations that prevents the routine flaring of natural gas, the locations that are suitable for bitcoin mining, the types of agreements between bitcoin miners and oil and gas operators, the details around mining bitcoin at the well site, and how she sees this nascent industry developing. As always, show notes can be found at mineralrightspodcast.com.

In this episode, we cover a topic that may seem unrelated to mineral rights and royalties but in fact is very relevant for mineral and royalty owners. Learn about Bitcoin and how royalty owners can benefit from Bitcoin mining with stranded or wasted natural gas. For links to the helpful resources and videos that explain more about Bitcoin and this exciting development for mineral rights and royalty owners, check out the show notes at mineralrightspodcast.com.

In this month's Mineral Rights News Episode for February 2022, we discuss how mining the minerals required for the green energy revolution is putting a tribe in a tough spot, Colorado releases first annual report of State's Oil, Natural Gas Emissions (hint: they aren't the biggest emitters), and a new crowd-funding model for investing in oil and natural gas. As Miners Chase Clean-Energy Minerals, Tribes Fear a Repeat of the Past - The New York Times Colorado Makes First Assessment of State's Oil, Natural Gas Emissions - Natural Gas Intelligence Executive Q&A: The New Private Equity Route to Oil, Gas Ownership As always, articles mentioned in this episode can be found at mineralrightspodcast.com. To send us an article you'd like us to cover: [email protected].

You may be wondering how the current economic trends like high inflation might affect oil prices over the next couple of years. If we could look through the crystal ball to figure out what commodity prices will do it would certainly help us have a better understanding of the value of our producing royalties. We hear a lot about high inflation and oil prices in the news lately as the economic recovery seems to have gotten away from the Federal Reserve and their lagging monetary policy. One thing is clear, interest rates are going to rise but if you're like me you may be wondering how this is going to affect our mineral rights and royalties? And, more importantly, you may be wondering if there are ways to protect your hard earned savings against the damaging effects of inflation? To break this down, we took a look at a few of the economic measures and how commodities like crude oil were correlated to things like the relative strength of the US Dollar and inflation to see what these factors might due to future oil and gas prices. Plus, we talk about a technology innovation that may help our royalty checks and act as a long term store of value in the process. As always, show notes with links to the articles and resources mentioned in this episode can be found at mineralrightspodcast.com.

Seismic exploration is the process of using seismic energy to probe below the surface of the earth to search for oil and gas. The agreements that grant a company access to land in order to shoot seismic is called a seismic survey agreement. While seismic exploration was the primary method for finding oil and gas deposits in the past, it is still used in unconventional resource plays to identify and avoid faults and fractures which can cause issues during drilling or completions. Listen to learn more about what you need to know before signing a seismic exploration agreement. As always, you can find the show notes with additional resources at mineralrightspodcast.com. Questions or comments on this episode? Email us at [email protected].

In this month's Mineral Rights News Episode for January 2022, we discuss new oil and gas emissions regulations in Colorado, the Build Back Better Act hits a speed bump and what that means for royalty owners, and the onshore U.S. rig count is up but will we ever see all-time highs again? First-in-the-U.S. rules that give oil and gas industry leeway in slashing emissions OK'd in Colorado | With bill sidelined, what's next for oil and gas overhaul? | U.S. drillers add oil and gas rigs for second week in a row -Baker Hughes As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this episode, we shout out listeners who left a review on Apple Podcasts and we answer the questions that were submitted via email by Pat, Angela, Joe, Brian, Josh, and Al. Thanks again to everyone who left a review or who submitted a question! If you have a question about your minerals or royalties, you can send it to [email protected] and who knows we might just answer it on the air! As always, links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

In this episode we provide an overview of the Williston Basin and the Bakken/Three Forks Shale. Learn about the history, geology, operators, and risks related to owning minerals and royalties in this prolific oil basin. Plus, we talk about exciting developments in managing stranded natural gas and future alternative energy opportunities in this energy rich area of Saskatchewan, Montana, North Dakota, and South Dakota. As always, links to resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for December 2021, we talk about orphan wells and how some states are considering stronger financial assurances to cover the cost of plugging these wells and how the Interior Department is considering raising the royalty rate for new leases on public lands. Capping off problems: Montana-based company takes on abandoned wells | Warnings of orphan and zombie wells spark debate on bonding by oil, gas companies | Oil and gas companies should pay more to drill on public lands and waters, Interior Department says As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected].

In this episode, we talk about the different jobs available in the oil and gas industry and how much they get paid. We discuss how many of the jobs based in the field do not require a 4-year degree and how these skilled trades are needed to ensure cheap and reliable access to energy. We also dive into the impact of the oil and gas industry on the US economy. Links to the resources and economic reports can be found in the show notes at mineralrightspodcast.com.

The oil and gas industry has seen its fair share of technology advancements over its 162 year year history in the United States. In this episode, we talk about how the oil and gas industry has utilized technology to continue to find ways to produce cheap and reliable energy for the world. From Edwin Drake's discovery in Titusville, Pennsylvania in 1859 to the modern use of long-lateral horizontal wells and pad drilling, intrepid entrepreneurs have revolutionized the industry. We provide an overview of how things have changed since Drake's first well to allow the industry to provide cheap and reliable energy for the world and how mineral owners in the United States benefit from this. As always, show notes with links to the resources mentioned in the show can be found at mineralrightspodcast.com.

The price of oil has been subject to many highs and lows since the start of the modern petroleum industry. These gyrations in price are sometime referred to as a oil price boom (high prices) or oil price bust (low prices). In this episode, we discuss some of the major booms and busts in the price of crude oil, what caused them, and what we can learn from these price cycles. Listen to the end to find out why I think we have seen the end of extreme oil price swings. As always, you can find links to the books and resources mentioned on the show at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for November 2021, the theme can best be described as "cause & effect." Be sure to listen to find out why and to learn of a possible leading indicator for crude oil prices going higher. California moves to ban oil wells within 3,200 feet of homes and schools | US. slows down oil and gas mergers-sources | Oil inventory at Cushing crude hub nears critically low levels As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this conversation, mineral investor and mineral tax appraiser, Jarrett Kitch, shares stories and dozens of helpful tips for both mineral and royalty owners as well as investors. We discuss the ins and outs of property taxes on minerals and royalties, estate planning, tips for working with trusts, to how he got started investing in mineral rights and what he's learned along the way. We also talk about how his involvement with the National Association of Royalty Owners has helped him with managing his minerals and how it was really the key that enabled him to start investing in minerals and royalties the right way. This episode is full of a ton of actionable tips so be sure to listen to the end! As always, you can find links to the resources mentioned in this episode at mineralrightspodcast.com.

We continue our theme on investing with a somewhat unconventional topic this week. While our primary focus is still on oil and gas, we wanted to dig in (pun intended) to the uranium market to see if the push towards a lower carbon future might open up opportunities for mineral owners that own property in areas with Uranium deposits. I'm really excited about this discussion because I didn't know much about the Uranium market and the bull case for Uranium until this interview. Our guest, Justin Huhn, does a great job of breaking down the fundamental case for Uranium and how you can benefit from this unique opportunity. We also talk about the future of nuclear energy and how it fits into a low carbon energy mix. Plus, the little talked about side-effects from our transition to solar and wind. If you own mineral rights near potential uranium deposits or if you are looking to learn more about this unique sector, be sure to listen to find out how you can take advantage of this opportunity. As always, the show notes with links to resources mentioned in this episode can be found at mineralrightspodcast.com

In this episode we do a deep dive on the ways you can invest in mineral rights, royalties, and non-operated Working Interests. Both Justin and I have been asked by family members or listeners how they can invest in mineral rights and royalties so we wanted to cover this in more depth to help you understand the different options that are available. In fact, I share the process that I and other investors have used when making a direct investment in a mineral or royalty interest. We discuss all aspects of investing in this asset class: from learning where you can find these types of investments to the typical steps to follow to help eliminate surprises, to the risks and benefits of each type of investment. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com.

This month we discuss articles that talk about whether or not we will be able to continue to expense Intangible Drilling Costs and to take the Percentage Depletion Deduction on our Royalties, Shell's decision to leave the Permian Basin, and why elevated oil and gas prices will likely continue. As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this episode, we discuss the concept of not signing an oil and gas lease when you are force pooled and deciding to not participate in the drilling of a well. This is also referred to as going non-consent to the drilling of a well. There is a lot to consider when becoming a non-consenting mineral owner. We discuss things to consider with the risk penalty that you will be assessed on the non-operated working interest that you now own, and what can happen if additional wells are drilled in the future. There is a lot to unpack in this episode so be sure to listen so you understand your options. As always, this episode is being shared for educational purposes only and should not be construed as legal advice. As always, to find links to the resources mentioned in this episode go to mineralrightspodcast.com.

In our last episode, we covered the a la carte method of getting help with your mineral rights and royalties. Specifically, when and how to hire a landman, attorney or engineer for help. In this episode, we talk about hiring a full-service mineral manager to get help with all aspects of managing your property. In fact, this episode was also in response to another listener question. Carol wrote in asking for advice on hiring a professional mineral manager to help her with her portfolio. If you've ever wondered what types of services a professional mineral manager offers, how much their services cost, and how to go about finding the right mineral manager for you, then be sure to listen to the end. If you have a question you would like answered on the show, send us an email to [email protected].

Beth recently wrote in and gave an excellent suggestion on a topic that I realized we hadn't covered in a single episode. She wrote asking for "advice on managing mineral rights from far away, particularly what services I can expect from an attorney, what might be better handled by an independent engineer or landman, or what I'll have to do myself." This is a very common situation where you may own mineral rights or royalty interests in another state and you need to research your interests either through the county courthouse or the state oil and gas commission or you may need the services of a professional in that state but you may not be able to meet with them in person. What we are going to cover today are some tips for managing mineral rights and royalties from out of state and how to go about hiring a professional to get help and what types of professionals can help with different steps along the way. As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for September 2021 we talk about the economic recovery in the state of New Mexico, Oil and Gas lease sales are finally set to resume in 2022, and the challenges faced by Weld County Colorado as oil and gas production declined in 2020. New Mexico Republicans credit oil and gas for revenue boost, report warns of volatility Oil and Gas Lease Sales Set to Resume Next Year Can Weld County maintain its fiscal health as oil and gas production gets pinched? As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

Look, if you are just starting out, all of this can be hard. There is a lot to learn, unfamiliar terminology, and so many different things that you feel that you need to do now. From researching what you own, contacting oil and gas operators about producing wells that you just learned about, to going through probate, to getting YOUR estate in order for the next generation. The good thing is you don't have to figure it out all at once. It is a journey and as I like to say, it is a marathon, not a sprint. We speak with a listener and fellow mineral owner, Barb Rankin, who is just starting out on her mineral rights an royalties journey. From the biggest challenges to the biggest successes, how to go about getting help and finding the right attorney, landman, or engineer, to some of the most helpful resources out there for mineral rights and royal owners. You won't want to miss this one because even if you are a seasoned pro, there are some great tips and resources that we talk about in this episode. As always, show notes with links to the resources mentioned in this episode can be found at mineralrightspodcast.com

As the Washington Post recently reported, Joe Biden made "the embarrassing move to call on OPEC and its allies to boost oil production as pump prices climb, underscoring alarm over the U.S. loss of energy independence under President Biden." By asking OPEC and its allies like Russia to increase oil production, will this actually result in increased CO2 emissions versus if he had asked domestic producers to increase production? We were surprised at what we discovered. As always, links to the show notes can be found at mineralrightspodcast.com.

You may have seen the headlines regarding the proposed tax law changes that are being considered in the U.S. as a way to help pay for the $1.2 trillion Infrastructure Bill and the related $3.5 trillion budget resolution. There are several proposed changes that may have significant effects on mineral rights and royalty owners. From the way that estate taxes are paid on mineral rights to elimination of the percentage depletion deduction, oil and gas mineral and royalty owners could be faced with a big tax bill. In this episode, Justin and I summarize the current proposals and campaign promises and what they might mean for you and your family. As always, you can go to mineralrightspodcast.com to find the links to the resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this month's Mineral Rights Podcast news episode for August 2021 we talk about how Deb Haaland is ignoring the ruling reversing the federal oil and gas leasing ban, oil and gas royalty owner's percentage depletion deduction is under fire, and Larimer County Colorado delays new oil and gas regulations after extensive public comment. Deb Haaland's Oil and Gas Stall | Oil and Gas Subsidies Are Under Pressure | Larimer County commissioners delay oil and gas regulation vote after extensive public comment As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

In this episode, my co-host Justin Williams shares his journey inheriting mineral rights and royalties from his great uncle Jake. Learn about the initial phone call from a landman to his mother letting her know that she inherited minerals to what he did to learn about how to research and clear title issues, resolve issues with operators, to ultimately get his royalty interests in pay status. As always, links to the resources mentioned in this episode can be found in the show notes at mineralrightspodcast.com. If you have any questions about this or other topics, send us an email at [email protected].

In this episode we talk about the current oil and gas market, where prices might be headed, and what this all means for mineral and royalty owners. As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

As you may know, there is a big push towards "renewables" and electric vehicles as part of the goal of a net zero carbon emission future. In this episode, we talk about the pros and cons of this transition as it relates to the Environmental, Social, and Governance (ESG) movement. Specifically, we discuss why there seems to be a bigger focus on the Environmental aspects around energy while the negative Social elements around "green" energy tend to get less coverage. Finally, we talk about what materials will be required to enable this transition and whether there will be opportunities for mineral owners to benefit from the growth in mining of minerals like lithium, cobalt, and copper in the US. As always, show notes can be found at mineralrightspodcast.com where you'll find links to the resources mentioned in this episode.

In this month's Mineral Rights Podcast news episode for July 2021 we talk about how using stranded natural gas to mine bitcoin can benefit mineral owners, Boulder County Colorado lawsuit to stop drilling, and a federal judge reverses Biden's ban on new oil and gas leases on federal lands and waters. Bitcoin Mining Digging for E&P's Natural Gas Gold in Lower 48 | Colorado Supreme Court asked to hear lawsuit seeking to stop Denver oil company's drilling plan | Federal judge reverses Biden's ban on new oil and gas leases for federal lands and waters, dealing blow to climate change activists As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

Our guest this week is Ian Dexter Palmer, the author of The Shale Controversy, which explains the pros and cons of fracking and tries to distill the facts around climate change in a non-partisan way. As a petroleum engineer and consultant, Ian Palmer has advised oil and gas companies all over the world. He has worked at Los Alamos, The Department of Energy, BP, and Higgs-Palmer Technologies and given presentations and classes on fracking, earthquakes and global warming. This was an interesting conversation that Justin and I had with Ian around his conclusions around climate change, the energy transition, and the shale revolution. The views and opinions expressed by our guests do not necessarily reflect the views and opinions of The Mineral Rights Podcast. As always you can find the show notes with links to the books and articles mentioned in this episode at mineralrightspodcast.com. There you'll also find a link to purchase Ian's book so you can read it and form your own conclusions on these important topics.

Today we're going to talk about an issue that affects all mineral owners in some way and that is the concept of cotenancy with mineral rights. We also answer a listener question from Dennis about a situation he is faced with where he is faced with penalties and having to wait until payout before receiving royalties and what you need to know about the concept of an unleased cotenant in case you are faced with this situation too. Plus, for all of you with minerals in a state that allows forced pooling, we have you covered too! As always, show notes and resources mentioned in this episode can be found at mineralrightspodcast.com

In my role as the president of the Colorado Chapter of the National Association of Royalty Owners (NARO), I was invited to be a panelist on a Mineral Interest Owner Forum hosted by Great Western Petroleum, the largest oil and gas operator in Adams County Colorado. Thanks again to Great Western for organizing this event. This episode features a replay of this Forum held on June 8th, 2021. It features a panel discussion between myself and Energy Attorney Jamie Jost about private property rights and making sure your voice is heard when oil and gas regulations are developed that could affect the future development of mineral interests. This episode is a must listen for all Colorado mineral owners and useful tips for all mineral owners around protecting your private property rights and how to make sure your voice is heard when oil and gas regulations are developed. You can also watch the replay of the discussion on my YouTube Channel where you can see the slides that were presented. As always, you can find the show notes with links to resources mentioned in this episode at mineralrightspodcast.com.

In this interview, NARO Board Member and Landman Katy Alven shares her experiences working in the oil & gas industry and most recently managing the land department of a mineral acquisition company. We also discuss Katy's involvement with NARO and how NARO has helped her learn about how to manager her mineral rights. Katy Alven is a landman, mineral owner, and has been active in the oil and gas industry since 2007. She is head of the Land Department at Mekusukey Oil Company, LLC in Wewoka, Oklahoma. She is responsible for Mekusukey's ongoing mineral acquisition program and management of Mekusukey's inventory of approximately 110,000 net mineral acres across 26 states. Additionally, in 2016, Katy founded Mustang Minerals, LLC and currently owns and manages approximately 900 net mineral acres across 13 states. In 2006, Katy graduated from Southern Methodist University in Dallas with a BA in English and later obtained an MBA from the University of Central Oklahoma in Edmond (2012) and a Master of Legal Studies in Energy from Oklahoma City University (2014). Katy is a Certified Mineral Manager and Registered Professional Landman. She was elected to the Oklahoma NARO Board in 2018 and is the current OK-NARO Secretary. She was elected to the National NARO Board in 2021. In addition to NARO, she is a member of the American Association of Professional Landmen, Oklahoma City Association of Professional Landmen, and Texas Independent Producers & Royalty Owners Association. As always, show notes with links to the resources mentioned on the show can be found at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for June 2021 we talk about Shell's plans to divest the Shell Deer Park Refinery and their recent lawsuit in the Netherlands, New Mexico's plans to go "green" with hydrogen (but are they just full of hot air?), an analysis of project profitability and why global oil and gas companies may have difficulty maintaining a consistent return on investment during their transition to a more green portfolio, and the next steps in the accommodation doctrine in Texas. Shell to sell interest in Deer Park refinery to partner Pemex | New Mexico's oil and gas regions could become leaders in hydrogen power, congresspeople say | Global Oil, Natural Gas Companies Juggling Capital to Green Up Portfolios | Next Steps In Texas Surface Vs Mineral Rights? The Answer, My Friend, Is Blowing In The Wind As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

I'm very excited about our conversation with our guest this week. Justin and I spoke with Jack Fleet, the Executive Director of the National Association of Royalty Owners, Inc. (NARO). In his role as Executive Director, Jack works as an advocate for mineral and royalty owners like you and I at the at both the state and national level, giving testimony on the impact of legislation being considered. Additionally, he supports all of the state and regional chapters of NARO. He has been involved at all levels of NARO from serving as Interim Executive Director in 2020, and is a past president of the NARO National board and a past president of the NARO Texas Chapter. He has also served on the Oklahoma NARO, NARO Foundation, and NARO National Boards in various capacities and has delivered several presentations on mineral and royalty management at NARO events. He is also a member of the AAPL and is a professional level Certified Mineral Manager (CMM) with NARO and has taught several CMM review classes. Jack is the Managing Member of Fleet Dickey Mineral Properties, LLC one of his family's mineral companies where he manages mineral, royalty, working and surface interest. Learn about the resources and events available through NARO to help you quickly get up the learning curve to make the most of your mineral rights and royalties. As always, show notes can be found at mineralrightspodcast.com where you can find links to the resources mentioned in this episode.

Many of you may recognize today's guest from the Mineral Rights Forum and her involvement with the National Association of Royalty Owners (NARO). I'm referring to Martha Barnes who is an amazing person that has generously helped hundreds if not thousands of people on the forum and through her work with NARO. In this episode, Martha shares some amazing tips for all mineral owners, whether you are just starting out or are a seasoned professional. And despite the fact that she is an experienced geologist and oil and gas industry vet, when it came time to take over the management of her families mineral rights, she realized that there was still a lot to learn. Listen how her involvement with NARO helped her bridge that knowledge gap and some of the helpful things that the organization is doing to empower mineral and royalty owners. Martha Creager Barnes is an owner and managing partner at Santa Clara Minerals, LLC which manages mineral rights for private mineral owners. Prior to starting SCM, she was an exploration and production geologist for Marathon Oil Company for nearly 29 years. Martha grew up in New Mexico and is a third-generation geologist and a fourth-generation mineral owner. She has a BA in Geology and Managerial Studies from Rice University, a MS in Geology from the University of South Carolina and is a Registered Geologist with the Texas Board of Professional Geoscientists (TBPG) and a Certified Geologist with the American Association of Petroleum Geoscientists (AAPG). She is a Certified Minerals Manager with the National Association of Royalty Owners (NARO) and currently serves as a Director on the OK NARO Board and the US NARO Board. She is a member of AAPG, HGS, and AAPL. As always, you can find the show notes with links to resources mentioned in this episode at mineralrightspodcast.com

Did you know that oil and gas royalty owners can take advantage of a form of depreciation on their interests called the depletion deduction? Learn all about it and why we need to let our voices be heard so that we can continue to depreciate our economic interests in property like all other industries. As always, the show notes with links mentioned in this episode can be found at mineralrightspodcast.com.

In this month's Mineral Rights Podcast news episode for May 2021 we cover a case where pooling across county lines can make you have to pay property tax in two counties, a Texas mineral fund manager comes clean about losing investor's money, and the Biden Administration targets royalty owners. Texas Royalty Owners Have Overpaid Property Taxes: Major New Appellate Decision | A Texas fund manager admits defrauding investors — in a 1,361-word email to them | 1st 100 Days: Biden turns to Congress to carry out climate, clean energy push As always, go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

Oil and gas operators may hand over royalties to the state if they can't locate the mineral owner. Do you have unclaimed mineral rights or thousands of dollars in royalties that you don't know about? Listen now to learn how to find out - you may be surprised at what you find. As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

With a strong focus on decarbonization, many proposals for putting a price on carbon emissions have been discussed recently. In this episode, we talk about carbon tax, cap and trade (aka emissions trading schemes), and CCS tax credits and what they mean for mineral rights and royalty owners. What you find out may surprise you. As always, go to mineralrightspodcast.com to find the links resources mentioned in this episode. Email us at [email protected].

In this month's Mineral Rights Podcast news episode for April 2021 we cover a victory for mineral owners in Ohio, a loss for owners in Pennsylvania, states join Louisiana lawsuit against Biden Administration over federal leasing pause, and Louisiana to become a leader in renewables?! Ohio Supreme Court Provides Some Clarity on the Specificity Required to Reserve Interests Under the Marketable Title Act | Consumer protection law can't be used to sue gas and oil firms over land leases, Pa. Supreme Court says | States sue to undo Biden pause on US oil & gas lease sales | Louisiana moving away from oil and gas and shifting to renewable energy, governor says As always, you can go to mineralrightspodcast.com to find the links to these articles and other resources mentioned in this episode. To send us an article you would like us to cover in a future episode, please email [email protected]

After all the build-up and anticipation, we've finally reached 100 episodes! To celebrate, we took a look back on the past 100 episodes and picked a few of our favorite moments since Matt started the Mineral Rights Podcast back in 2017. When I started, I wasn't thinking about a milestone like our 100th episode but this is a great opportunity to look over the catalog to pick out a few of our favorite clips. As a reminder, I'm giving away a free mineral rights valuation! The giveaway runs from March 24th, 2021 until April 9th, 2021 at 11:45pm MDT so be sure to enter before it closes! Click here to enter now and make sure you are subscribed to my email list to find out if you were the lucky winner.