Frequently asked questions.

Mineral rights are ownership of the resources beneath a tract of land, such as oil and gas. A royalty is a share of the revenue from what a well produces, paid to the owner of those rights without bearing the cost of drilling or operating the well. Our guide to understanding minerals and royalties explains this in more depth.

Yes. Heritage's investment opportunities are limited to accredited investors, and we confirm accredited status before we share any details of an offering. If you are not sure whether you qualify, our team can walk you through the criteria.

You can start by requesting the prospectus or scheduling a conversation with our team. We will talk through your goals, confirm the details, and share current opportunities that fit. There is no obligation to move forward.

You receive a mineral deed recorded with the county where the property is located, so your ownership is publicly documented.

Royalty income is tied directly to a well's production and to commodity prices, both of which move over time. A property with established production history allows for more grounded projections, but income is variable and is not guaranteed.

No. After the initial purchase there are no ongoing expenses for the royalty owner. Drilling and operating costs are carried by the operating company and the working-interest holders.

Your income reflects your fractional ownership in a property applied to the value of what the well produces, which depends on production volumes and the prices the operator receives. Because both change over time, the monthly amount varies.

No. Royalty income changes with a well's production, which naturally declines over time, and with commodity prices. Some months are higher and some are lower, and income is not guaranteed.

Timing depends on the operator's payment cycle and when your interest is set up in their system. The first distribution often arrives within a couple of months, and timing is not guaranteed.

Distributions come from the operating company that markets the production, and are typically paid monthly.

Mineral and royalty income may qualify for tax treatment such as the depletion deduction, and exchanges into like-kind property can defer capital gains under Section 1031 of the tax code. Treatment depends on your situation, so consult your own tax advisor.

The depletion deduction lets owners of producing mineral and royalty interests treat part of their income as a return of the resource being used up, which can reduce taxable income. How it applies depends on your situation, so consult your own tax advisor.

Some self-directed IRA custodians can hold mineral and royalty interests, though this depends on the custodian and your account. Confirm eligibility and any rules that apply with your custodian and your tax advisor.

Your representative at Heritage will connect you with a qualified intermediary, who prepares the documents and handles the funds throughout the exchange.

IRS rules give you 45 calendar days from the sale of your original property to identify replacement property, and 180 calendar days to close on it. Within those windows, the paperwork and transfer of funds can move quickly. These are general IRS deadlines, not tax or legal advice; work with a qualified intermediary and your own tax advisor.

Yes, producing interests can be sold, and there is a secondary market for them. Resale is not guaranteed, and the price and timing depend on market conditions at the time.

An offer reflects factors such as the property's production history, its location, the interests involved, and current market conditions. Every property is different, and any offer, including its amount, is not guaranteed until terms are agreed.

Heritage Land & Minerals can help you find a buyer for your mineral and royalty interests, though any sale, including its price and timing, is not guaranteed.

Selling all or part of a position provides a lump sum of capital instead of waiting on long-term monthly payments. That can help fund further development, or give an owner cash for a larger purchase.

Heritage Land & Minerals is a private mineral and royalty firm. We acquire mineral interests, royalty interests, and overriding royalty interests, and we work with both mineral owners looking to sell and accredited investors seeking cash-flow assets.

We are active across major U.S. producing regions, including Texas, Oklahoma, Kansas, Louisiana, New Mexico, Colorado, West Virginia, Ohio, Pennsylvania, North Dakota, and Wyoming.

You can reach our team through the contact page or by phone at 469-200-6798. We are glad to answer questions about owning, buying, or selling mineral and royalty interests.