Louisiana Mineral Rights, Oil & Natural Gas Royalties
Oil and gas wells were first drilled in Louisiana on the Caddo Pine Island field in 1906. A new rush of drilling happened two years later with the first natural gas pipeline ever in the United States specifically created to transport gas to Shreveport, Louisiana. The Bull Bayou Field, the Monroe Gas Field and the Homer Field were also early discoveries in the area. These have made Louisiana a terrific place to buy mineral rights and oil and natural gas royalties.
CP Royalties focuses on buying oil and natural gas royalties and mineral rights in places like Louisiana because of their rich history in mineral formations and gas and oil fields. Along with the aforementioned areas, the Haynesville Shale is a strong geologic formation that lies between 10,000 and 14,000 feet deep under parts of northwestern Louisiana (into parts of Texas and Arkansas), and is 200 to 400 feet thick.
Selling Your Mineral Rights in Louisiana
If you own gas and oil royalties or mineral rights in these areas, now could be a great time for you to sell all/part of your rights and royalties. Many people choose to sell their rights and royalties to build upon their retirement funds, to get emergency money for unexpected expenses, or to even rid themselves of the stresses of owning and managing them. If you’re considering selling your mineral rights or natural gas royalties in Louisiana, CP Royalties will use our expertise to guide you smoothly through the process; making it as seamless as possible with the ability to close in as little as 15-30 days.