Archive for oil and gas

Mineral Management Realities

by David Luke, Heritage Mineral Management

David LukeNegotiating lease opportunities during a boom is obviously an exciting time for mineral owners. During these periods, our team looks at negotiating power and competition to maximize client opportunities. During a down time of falling commodity prices, it can become a challenge. This is especially true when activity has been high and prices have been very strong – this is exactly where we stand today.

An owner’s minerals and their power take a hit in an environment like this. The key is to analyze how long or short term we believe the decline will last, the recent and historical bonus and royalty rates in the area (from both offering and non-offering parties), and knowing the primary commodity product that will likely be produced from the given location of negotiation. At Heritage, we provide expertise and real value to our client base at all times, but especially in times when some of the owner’s asset power is reduced. One strategy we like to use at Heritage is to create competition and strength by batching properties together. Because of our extensive portfolio, we are able to benefit many clients at once with this strategy.

Many factors contribute to the volatility of the natural gas price and the drastic fall of the crude oil price. Yet even in difficult times, a large volume of Heritage client-owned acreage has been involved in valuable lease negotiations. The Heritage Mineral Management team has used our experience, teamwork, research, vast contacts, and old-fashioned common sense to lease (or not to lease) minerals at what we believe to be very fair to strong terms.

Rest assured, Heritage Mineral Management looks at every side of a situation to take the best course of action for our mineral rights’ owners. With our savvy team, your minerals are in great hands, no matter what the market is doing at the moment.

David Luke is managing director of Heritage Mineral Management.  You can read more about David here and contact him anytime at dluke@heritagetrust.com

 

Argent Mineral Management Opens Office in Southlake, TX

We are pleased to announce the opening of our Argent Mineral Management office in Southlake, Texas with Rosie Calvillo and Buffie Campbell.

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Heritage Wealth Management and Argent Financial Group are pleased to announce Buffie Drennan-Campbell, JD, CPL, and Rosie Calvillo, RL, are leading our latest expansion in Southlake, Texas specializing in oil, gas and mineral management.

With over 20 years combined experience, Buffie and Rosie are dedicated to building and maintaining relationships in the D/FW area through proactive communication, creative and unbiased solutions, and dependable, responsive service.

At Argent, we understand that every mineral transaction is distinct. With backgrounds rooted in law, trust and mineral asset management, our Southlake office can provide specialized attention to meet the most unique of needs.

Argent Mineral Management
1256 Main Street, Suite 219
Southlake, TX 76092
817.809.8012

ArgentFinancial.com
HeritageTrust.com