New Mexico Mineral Rights, Oil and Gas Royalty Buyers
Mineral Rights and Royalties in Utah
Drilling for oil and minerals in Utah began in 1907 with a discovery in Washington County. Currently, Utah mineral rights extends to crude oil and natural gas. With approximately 8,600 wells producing, Utah ranks 13th in the nation for crude oil and 8th for natural gas production. Utah Mineral rights provide substantial economic boost to both the state and its citizens.
The Uinta Basin in Northeast Utah has gone through a rebirth of sorts in recent years. After suffering a downward trend, it came roaring back to life and is producing better than ever. This unusual increase over time has been credited to drilling super-extended horizontal laterals into the play, making it a terrific place to sell mineral rights and royalties.
Selling Utah Mineral Rights and Royalties
Many people choose to sell their mineral rights and oil and gas royalties to build on their retirement fund, to get money they may need for an emergency or other unexpected expenses, or even to get rid of the stress of owning/managing their rights and royalties. If you’re considering selling your mineral rights in Utah, 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.