MineralScope
Multi-State Mineral Rights Intelligence Platform
Select Your State
Coming Soon
Oklahoma
Expanding Q3 2026
New Mexico
Expanding Q3 2026
Colorado
Expanding Q3 2026
Common Questions
What is the difference between net revenue interest and working interest?
Working Interest (WI) is ownership in the right to drill — WI owners pay their share of costs. Net Revenue Interest (NRI) is the revenue a WI owner actually receives after royalties are paid out. A 25% WI with a 1/8 royalty burden nets 21.875% NRI. Royalty Interest (RI) owners receive production revenue with zero cost obligations — mineral rights owners who lease their rights typically retain a royalty interest (commonly 1/8 to 1/4 of production).
How much are mineral rights worth in the Bakken formation?
Producing Bakken minerals typically sell for 3–6× annualized royalty income depending on well quality and operator. Non-producing minerals with nearby permits sell for $500–$2,500/acre in premium counties (Williams, McKenzie, Mountrail). Undeveloped Tier 2 acreage runs $50–$500/acre. Key value drivers: proximity to active wells, lease expiration timing, operator quality, and WTI price. MineralScope provides production data and decline curve analysis to help determine fair value before any offer.
What is a lease runsheet and why do mineral buyers need one?
A lease runsheet is a chronological summary of all oil and gas leases recorded against a tract — documenting who leased the minerals, to which operator, on what terms, and current status. Title attorneys build runsheets from courthouse deed records to confirm ownership, lease status, and title cleanliness. A full runsheet traditionally costs $500–$2,000 and takes 4–40 hours. MineralScope generates automated lease runsheets in seconds from its 1M+ record database.